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

Array Technologies (ARRY) recorded quarterly Change in Accured Expenses of $34.5 million in Q4 2024, up 274.59% quarter-over-quarter from -$19.8 million in Q3 2024, and up 362.12% on a YoY basis from $7.5 million in Q1 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 was $34.5 million for Q4 2024 at Array Technologies, up from -$19.8 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $37.9 million in Q3 2022 to a low of -$50.6 million in Q1 2024.
  • Historically, Change in Accured Expenses has averaged $1.3 million across 5 years, with a median of $5.7 million in 2020.
  • Biggest YoY gain for Change in Accured Expenses was 1007.19% in 2024; the steepest drop was 1396.64% in 2024.
  • A 5-year view of Change in Accured Expenses shows it stood at $6.3 million in 2020, then increased by 18.84% to $7.4 million in 2021, then slumped 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.
  • The last three Change in Accured Expenses figures came in at $34.5 million (Q4 2024), -$19.8 million (Q3 2024), and $35.4 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -32.03 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -118.13 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 9.63 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -16.11 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 2.51 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 -847,000.00
10 Skycorp Solar 110.38 Mn 103.60 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