Array Technologies (ARRY) Change in Inventory (2019 - 2024)

Array Technologies' (ARRY) quarterly Change in Inventory came in at $14.8 million in Q4 2024, up 127.35% year-on-year from $6.5 million in Q1 2024, and down 34.86% quarter-over-quarter from $22.8 million in Q3 2024.

Array Technologies (ARRY) Change in Inventory (2019 - 2024) Analysis & Trends

Array Technologies' Change in Inventory history runs 6 years deep, the most recent figure standing at $14.8 million for Q4 2024.

  • On a quarterly basis, Change in Inventory rose 127.35% year-over-year to $14.8 million in Q4 2024; TTM through Dec 2024 was $44.8 million, a 167.1% increase from a year earlier, with the FY2025 full-year figure at -$52.9 million, down 218.01% from the prior year.
  • Change in Inventory fell to $14.8 million in Q4 2024 per ARRY's latest filing, from $22.8 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $46.2 million in Q1 2022 and bottomed at -$62.9 million in Q3 2022.
  • The 5-year median for Change in Inventory is $10.9 million (2023), against an average of $850900.0.
  • Biggest YoY gain for Change in Inventory was 640.47% in 2022; the steepest drop was 280.39% in 2022.
  • Year by year, Change in Inventory stood at $20.7 million in 2020, then jumped by 59.13% to $32.9 million in 2021, then slumped by 206.94% to -$35.1 million in 2022, then tumbled by 54.2% to -$54.2 million in 2023, then soared by 127.35% to $14.8 million in 2024.
  • Per Business Quant, the three latest ARRY Change in Inventory figures stand at $14.8 million (Q4 2024), $22.8 million (Q3 2024), and -$4.3 million (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 143.82 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 2.65 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 38.34 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -30.90 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 69.63 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 14.82 Mn
Dec 31, 2024 14.82 Mn
Sep 30, 2024 22.76 Mn
Sep 30, 2024 22.76 Mn
Jun 30, 2024 -4.34 Mn
Jun 30, 2024 -4.34 Mn
Mar 31, 2024 11.54 Mn
Mar 31, 2024 11.54 Mn
Dec 31, 2023 -54.19 Mn
Dec 31, 2023 -54.19 Mn
Sep 30, 2023 10.29 Mn
Sep 30, 2023 10.29 Mn
Jun 30, 2023 -46.16 Mn
Jun 30, 2023 -46.16 Mn
Mar 31, 2023 23.31 Mn
Mar 31, 2023 23.31 Mn
Dec 31, 2022 -35.14 Mn
Dec 31, 2022 -35.14 Mn
Sep 30, 2022 -62.92 Mn
Sep 30, 2022 -62.92 Mn