Array Technologies (ARRY) Change in Account Payables (2019 - 2024)
Array Technologies (ARRY) posted quarterly Change in Account Payables of $24.5 million for Q4 2024, up 146.98% year-over-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.
- In Q4 2024, Change in Account Payables rose 146.98% year-over-year to $24.5 million; the TTM figure through Dec 2024 stood at $58.2 million (up 254.51% YoY), while the FY2025 annual figure was -$35.9 million, down 161.65% from the prior year.
- Change in Account Payables for Q4 2024 stood at $24.5 million, down from $36.6 million in the prior quarter.
- The five-year high for Change in Account Payables was $95.7 million in Q3 2020, with the low 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.
- The sharpest annual moves came in 2022 and 2024: Change in Account Payables slumped 1008.68% in 2022, then surged 5315.76% in 2024.
- Array Technologies' Change in Account Payables stood at -$46.8 million in 2020, then soared by 110.82% to $5.1 million in 2021, then tumbled by 680.34% to -$29.4 million in 2022, then tumbled by 77.16% to -$52.1 million in 2023, then surged by 146.98% to $24.5 million in 2024.
- Business Quant data shows ARRY's Change in Account Payables at $24.5 million in Q4 2024, $36.6 million in Q3 2024, and $21.0 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -9.42 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 55.70 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | -14.36 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | Toyo | 181.99 Mn | 105.35 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 |