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| 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 |