Array Technologies (ARRY) Change in Accured Expenses (2019 - 2024)
Array Technologies (ARRY) posted quarterly Change in Accured Expenses of $34.5 million for Q4 2024, up 362.12% year-over-year from $7.5 million in Q1 2024, and up 274.59% quarter-over-quarter from -$19.8 million in Q3 2024.
Array Technologies (ARRY) Change in Accured Expenses (2019 - 2024) Analysis & Trends
Array Technologies' Change in Accured Expenses history runs 6 years deep, the most recent figure standing at $34.5 million for Q4 2024.
- In Q4 2024, Change in Accured Expenses rose 362.12% year-over-year to $34.5 million; the TTM figure through Dec 2024 stood at -$436000.0 (down 108.19% YoY), while the FY2025 annual figure was -$54.1 million, down 12316.51% from the prior year.
- Change in Accured Expenses for Q4 2024 stood at $34.5 million, up from -$19.8 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $37.9 million in Q3 2022, with the low at -$50.6 million in Q1 2024.
- The 5-year median for Change in Accured Expenses is $5.7 million (2020), against an average of $1.3 million.
- Peak annual rise in Change in Accured Expenses reached 1007.19% in 2024, while the deepest fall reached 1396.64% in 2024.
- Array Technologies' Change in Accured Expenses stood at $6.3 million in 2020, then grew by 18.84% to $7.4 million in 2021, then sank by 640.23% to -$40.2 million in 2022, then surged by 67.3% to -$13.2 million in 2023, then surged by 362.12% to $34.5 million in 2024.
- Business Quant data shows ARRY's Change in Accured Expenses at $34.5 million in Q4 2024, -$19.8 million in Q3 2024, and $35.4 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 45.29 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 2.48 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -36.63 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -16.16 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 7.52 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 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 34.49 Mn |
| Dec 31, 2024 | 34.49 Mn |
| Sep 30, 2024 | -19.76 Mn |
| Sep 30, 2024 | -19.76 Mn |
| Jun 30, 2024 | 35.40 Mn |
| Jun 30, 2024 | 35.40 Mn |
| Mar 31, 2024 | -50.57 Mn |
| Mar 31, 2024 | -50.57 Mn |
| Dec 31, 2023 | -13.16 Mn |
| Dec 31, 2023 | -13.16 Mn |
| Sep 30, 2023 | 11.39 Mn |
| Sep 30, 2023 | 11.39 Mn |
| Jun 30, 2023 | 3.20 Mn |
| Jun 30, 2023 | 3.20 Mn |
| Mar 31, 2023 | 3.90 Mn |
| Mar 31, 2023 | 3.90 Mn |
| Dec 31, 2022 | -40.25 Mn |
| Dec 31, 2022 | -40.25 Mn |
| Sep 30, 2022 | 37.92 Mn |
| Sep 30, 2022 | 37.92 Mn |