Array Technologies (ARRY) Change in Accured Expenses (2019 - 2024)
Array Technologies' 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 has reported Change in Accured Expenses for 6 years, with the latest figure at $34.5 million in Q4 2024.
- For the quarter ending Q4 2024, Change in Accured Expenses rose 362.12% year-over-year to $34.5 million; the trailing twelve-month figure through Dec 2024 stood at -$436000.0 (down 108.19% YoY), and the FY2025 full-year result 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.
- Average Change in Accured Expenses over 5 years is $1.3 million, with a median of $5.7 million recorded in 2020.
- Peak annual rise in Change in Accured Expenses reached 1007.19% in 2024, while the deepest fall reached 1396.64% in 2024.
- Tracing ARRY's Change in Accured Expenses over 5 years: stood at $6.3 million in 2020, then rose by 18.84% to $7.4 million in 2021, then sank by 640.23% to -$40.2 million in 2022, then jumped by 67.3% to -$13.2 million in 2023, then jumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | -32.03 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 7.48 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -118.13 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 9.63 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -16.11 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.51 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 | -847,000.00 |
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 |
| Jun 30, 2022 | -3.67 Mn |
| Jun 30, 2022 | -3.67 Mn |
| Mar 31, 2022 | 7.03 Mn |
| Mar 31, 2022 | 7.03 Mn |
| Dec 31, 2021 | 7.45 Mn |
| Dec 31, 2021 | 7.45 Mn |
| Sep 30, 2021 | 12.22 Mn |
| Sep 30, 2021 | 12.22 Mn |
| Jun 30, 2021 | -15.68 Mn |
| Jun 30, 2021 | -15.68 Mn |
| Mar 31, 2021 | 5.13 Mn |
| Mar 31, 2021 | 5.13 Mn |
| Dec 31, 2020 | 6.27 Mn |
| Dec 31, 2020 | 6.27 Mn |
| Sep 30, 2020 | 9.01 Mn |
| Sep 30, 2020 | 9.01 Mn |
| Jun 30, 2020 | -17.34 Mn |
| Jun 30, 2020 | -17.34 Mn |
| Mar 31, 2020 | 12.98 Mn |
| Mar 31, 2020 | 12.98 Mn |
| Dec 31, 2019 | 11.24 Mn |
| Dec 31, 2019 | 11.24 Mn |