Array Technologies (ARRY) Change in Inventory (2019 - 2024)
Array Technologies' 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 has reported Change in Inventory for 6 years, with the latest figure at $14.8 million in Q4 2024.
- For the quarter ending Q4 2024, Change in Inventory rose 127.35% year-over-year to $14.8 million; the trailing twelve-month figure through Dec 2024 stood at $44.8 million (up 167.1% YoY), and the FY2025 full-year result was -$52.9 million, down 218.01% from the prior year.
- Change in Inventory for Q4 2024 stood at $14.8 million, down from $22.8 million in the prior quarter.
- The five-year high for Change in Inventory was $46.2 million in Q1 2022, with the low at -$62.9 million in Q3 2022.
- Average Change in Inventory over 5 years is $850900.0, with a median of $10.9 million recorded in 2023.
- Peak annual rise in Change in Inventory reached 640.47% in 2022, while the deepest fall reached 280.39% in 2022.
- Tracing ARRY's Change in Inventory over 5 years: stood at $20.7 million in 2020, then surged by 59.13% to $32.9 million in 2021, then tumbled by 206.94% to -$35.1 million in 2022, then plunged by 54.2% to -$54.2 million in 2023, then jumped by 127.35% to $14.8 million in 2024.
- The last three Change in Inventory figures came in at $14.8 million (Q4 2024), $22.8 million (Q3 2024), and -$4.3 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 143.82 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 2.65 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 38.34 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -30.90 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 69.63 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 | -6.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2022 | 30.94 Mn |
| Jun 30, 2022 | 30.94 Mn |
| Mar 31, 2022 | 46.25 Mn |
| Mar 31, 2022 | 46.25 Mn |
| Dec 31, 2021 | 32.86 Mn |
| Dec 31, 2021 | 32.86 Mn |
| Sep 30, 2021 | 34.88 Mn |
| Sep 30, 2021 | 34.88 Mn |
| Jun 30, 2021 | 14.20 Mn |
| Jun 30, 2021 | 14.20 Mn |
| Mar 31, 2021 | 6.25 Mn |
| Mar 31, 2021 | 6.25 Mn |
| Dec 31, 2020 | 20.65 Mn |
| Dec 31, 2020 | 20.65 Mn |
| Sep 30, 2020 | -6.47 Mn |
| Sep 30, 2020 | -6.47 Mn |
| Jun 30, 2020 | -15.09 Mn |
| Jun 30, 2020 | -15.09 Mn |
| Mar 31, 2020 | -27.43 Mn |
| Mar 31, 2020 | -27.43 Mn |
| Dec 31, 2019 | 54.54 Mn |
| Dec 31, 2019 | 54.54 Mn |