Turbo Energy (TURB) Change in Account Payables (2022 - 2025)
Turbo Energy (TURB) reported Change in Account Payables of $2.5 million for Q2 2025, up 11.33% on a YoY basis from $2.2 million in Q2 2024, and down 20.75% quarter-over-quarter from $3.1 million in Q4 2024.
Turbo Energy (TURB) Change in Account Payables (2022 - 2025) Analysis & Trends
Turbo Energy has reported Change in Account Payables for 4 years, with the latest figure 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.
- The five-year high for Change in Account Payables was $3.1 million in Q4 2024, with the low at $2.2 million in Q4 2023.
- Historically, Change in Account Payables has averaged $2.5 million across 4 years, with a median of $2.4 million in 2025.
- Annual changes were most pronounced in 2023 — Change in Account Payables retreated 18.76% — and 2024, when it soared 41.47%.
- Turbo Energy's Change in Account Payables stood at $2.7 million in 2022, then dropped by 18.76% to $2.2 million in 2023, then surged by 41.47% to $3.1 million in 2024, then slipped 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | - |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | - |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 132.56 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 78.71 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 15.22 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -15.04 Mn |
| 10 | Turbo Energy | 99.71 Mn | 99.10 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 |