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| 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 |