Array Technologies (ARRY) Change in Account Payables (2019 - 2024)
Array Technologies' (ARRY) quarterly Change in Account Payables came in at $24.5 million in Q4 2024, up 146.98% year-on-year from $9.9 million in Q1 2024, and down 33.2% quarter-over-quarter from $36.6 million in Q3 2024.
Array Technologies (ARRY) Change in Account Payables (2019 - 2024) Analysis & Trends
Array Technologies' Change in Account Payables history runs 6 years deep, the most recent figure standing at $24.5 million for Q4 2024.
- On a quarterly basis, Change in Account Payables rose 146.98% year-over-year to $24.5 million in Q4 2024; TTM through Dec 2024 was $58.2 million, a 254.51% increase from a year earlier, with the FY2025 full-year figure at -$35.9 million, down 161.65% from the prior year.
- Change in Account Payables eased to $24.5 million in Q4 2024 per ARRY's latest filing, from $36.6 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $95.7 million in Q3 2020 and bottomed at -$100.1 million in Q2 2020.
- The 5-year median for Change in Account Payables is $698000.0 (2020), against an average of -$542684.2.
- Across the five-year window, Change in Account Payables tumbled 1008.68% in 2022 and surged 5315.76% in 2024, its largest moves.
- Year by year, Change in Account Payables stood at -$46.8 million in 2020, then jumped by 110.82% to $5.1 million in 2021, then slumped by 680.34% to -$29.4 million in 2022, then slumped by 77.16% to -$52.1 million in 2023, then soared by 146.98% to $24.5 million in 2024.
- Per Business Quant, the three latest ARRY Change in Account Payables figures stand at $24.5 million (Q4 2024), $36.6 million (Q3 2024), and $21.0 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | - |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | - |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 132.56 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 78.71 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 15.22 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 84.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 24.48 Mn |
| Dec 31, 2024 | 24.48 Mn |
| Sep 30, 2024 | 36.64 Mn |
| Sep 30, 2024 | 36.64 Mn |
| Jun 30, 2024 | 20.96 Mn |
| Jun 30, 2024 | 20.96 Mn |
| Mar 31, 2024 | -23.89 Mn |
| Mar 31, 2024 | -23.89 Mn |
| Dec 31, 2023 | -52.10 Mn |
| Dec 31, 2023 | -52.10 Mn |
| Sep 30, 2023 | -16.10 Mn |
| Sep 30, 2023 | -16.10 Mn |
| Jun 30, 2023 | 387,000.00 |
| Jun 30, 2023 | 387,000.00 |
| Mar 31, 2023 | 30.16 Mn |
| Mar 31, 2023 | 30.16 Mn |
| Dec 31, 2022 | -29.41 Mn |
| Dec 31, 2022 | -29.41 Mn |
| Sep 30, 2022 | -32.44 Mn |
| Sep 30, 2022 | -32.44 Mn |