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
DateValue
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