Array Technologies (ARRY) Change in Account Payables (2019 - 2024)
Array Technologies' 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 has reported Change in Account Payables for 6 years, with the latest figure at $24.5 million in Q4 2024.
- For the quarter ending Q4 2024, Change in Account Payables rose 146.98% year-over-year to $24.5 million; the trailing twelve-month figure through Dec 2024 stood at $58.2 million (up 254.51% YoY), and the FY2025 full-year result 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 -$63.8 million in Q2 2020.
- Average Change in Account Payables over 5 years is -$542684.2, with a median of -$244000.0 recorded in 2021.
- Year-over-year, Change in Account Payables sank 13195.08% in 2022 and surged 5315.76% in 2024.
- Tracing ARRY's Change in Account Payables over 5 years: stood at -$46.8 million in 2020, then surged by 118.44% to $8.6 million in 2021, then slumped by 440.47% to -$29.4 million in 2022, then tumbled by 77.16% to -$52.1 million in 2023, then jumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 779.20 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 132.56 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 78.71 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 15.22 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -15.04 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 |
| Jun 30, 2022 | 15.09 Mn |
| Jun 30, 2022 | 15.09 Mn |
| Mar 31, 2022 | 59.42 Mn |
| Mar 31, 2022 | 59.42 Mn |
| Dec 31, 2021 | 8.64 Mn |
| Dec 31, 2021 | 8.64 Mn |
| Sep 30, 2021 | -244,000.00 |
| Sep 30, 2021 | -244,000.00 |
| Jun 30, 2021 | -1.38 Mn |
| Jun 30, 2021 | -1.38 Mn |
| Dec 31, 2020 | -46.83 Mn |
| Dec 31, 2020 | -46.83 Mn |
| Sep 30, 2020 | 95.71 Mn |
| Sep 30, 2020 | 95.71 Mn |
| Jun 30, 2020 | -63.84 Mn |
| Jun 30, 2020 | -63.84 Mn |
| Mar 31, 2020 | -35.56 Mn |
| Mar 31, 2020 | -35.56 Mn |
| Dec 31, 2019 | 72.42 Mn |
| Dec 31, 2019 | 72.42 Mn |