Turbo Energy (TURB) Change in Account Payables (2022 - 2025)
Turbo Energy posted quarterly Change in Account Payables of $2.5 million for Q2 2025, up 11.33% year-on-year from $2.2 million in Q2 2024, and down 20.75% on a QoQ basis from $3.1 million in Q4 2024.
Turbo Energy (TURB) has 4 years of Change in Account Payables data on file, last reported at $2.5 million in Q2 2025.
- For the quarter ending Q2 2025, Change in Account Payables rose 11.33% year-over-year to $2.5 million; the trailing twelve-month figure through Jun 2025 stood at $2.5 million (up 11.33% YoY), and the FY2025 full-year result was $11.0 million, up 1087.01% from the prior year.
- Change in Account Payables for Q2 2025 stood at $2.5 million, down from $3.1 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $3.1 million in Q4 2024 and bottomed at $2.2 million in Q4 2023.
- The 4-year median for Change in Account Payables is $2.4 million (2025), against an average of $2.5 million.
- The widest annual swing landed in 2023, when Change in Account Payables retreated 18.76%; it then soared 41.47% in 2024.
- A 4-year view of Change in Account Payables shows it stood at $2.7 million in 2022, then declined by 18.76% to $2.2 million in 2023, then soared by 41.47% to $3.1 million in 2024, then dropped by 20.75% to $2.5 million in 2025.
- The last three Change in Account Payables figures came in at $2.5 million (Q2 2025), $3.1 million (Q4 2024), and $2.2 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 779.20 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 132.56 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 78.71 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 15.22 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Turbo Energy | 78.23 Mn | 77.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 2.46 Mn |
| Jun 30, 2025 | 2.46 Mn |
| Dec 31, 2024 | 3.11 Mn |
| Dec 31, 2024 | 3.11 Mn |
| Jun 30, 2024 | 2.21 Mn |
| Jun 30, 2024 | 2.21 Mn |
| Dec 31, 2023 | 2.20 Mn |
| Dec 31, 2023 | 2.20 Mn |
| Jun 30, 2023 | 2.43 Mn |
| Jun 30, 2023 | 2.43 Mn |
| Dec 31, 2022 | 2.71 Mn |
| Dec 31, 2022 | 2.71 Mn |