Array Technologies (ARRY) Change in Accured Expenses (2019 - 2024)

Array Technologies' (ARRY) quarterly Change in Accured Expenses came in at $34.5 million in Q4 2024, up 362.12% year-on-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.

  • On a quarterly basis, Change in Accured Expenses rose 362.12% year-over-year to $34.5 million in Q4 2024; TTM through Dec 2024 was -$436000.0, a 108.19% decrease from a year earlier, with the FY2025 full-year figure at -$54.1 million, down 12316.51% from the prior year.
  • Change in Accured Expenses climbed to $34.5 million in Q4 2024 per ARRY's latest filing, from -$19.8 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $37.9 million in Q3 2022 and bottomed 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.
  • Biggest YoY gain for Change in Accured Expenses was 1007.19% in 2024; the steepest drop was 1396.64% in 2024.
  • Year by year, Change in Accured Expenses stood at $6.3 million in 2020, then increased by 18.84% to $7.4 million in 2021, then plunged by 640.23% to -$40.2 million in 2022, then soared by 67.3% to -$13.2 million in 2023, then soared by 362.12% to $34.5 million in 2024.
  • Per Business Quant, the three latest ARRY Change in Accured Expenses figures stand at $34.5 million (Q4 2024), -$19.8 million (Q3 2024), and $35.4 million (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -211.36 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -118.13 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 9.63 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -16.11 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 2.51 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 -

Historic Data

Download Data
DateValue
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