Array Technologies (ARRY) Change in Account Payables (2019 - 2024)

Array Technologies (ARRY) recorded quarterly Change in Account Payables of $24.5 million in Q4 2024, down 33.2% quarter-over-quarter from $36.6 million in Q3 2024, and up 146.98% on a YoY basis from $9.9 million in Q1 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 was $24.5 million for Q4 2024 at Array Technologies, down from $36.6 million in the prior quarter.
  • In the past five years, Change in Account Payables ranged from a high of $95.7 million in Q3 2020 to a low of -$63.8 million in Q2 2020.
  • Historically, Change in Account Payables has averaged -$542684.2 across 5 years, with a median of -$244000.0 in 2021.
  • The sharpest annual moves came in 2022 and 2024: Change in Account Payables sank 13195.08% in 2022, then soared 5315.76% in 2024.
  • A 5-year view of Change in Account Payables shows it stood at -$46.8 million in 2020, then jumped by 118.44% to $8.6 million in 2021, then tumbled by 440.47% to -$29.4 million in 2022, then plunged by 77.16% to -$52.1 million in 2023, then soared by 146.98% to $24.5 million in 2024.
  • The last three Change in Account Payables figures came in at $24.5 million (Q4 2024), $36.6 million (Q3 2024), and $21.0 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 Skycorp Solar 110.38 Mn 103.60 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