Array Technologies (ARRY) Change in Inventory (2019 - 2024)
Array Technologies (ARRY) posted quarterly Change in Inventory of $14.8 million for Q4 2024, up 127.35% year-over-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.
- In Q4 2024, Change in Inventory rose 127.35% year-over-year to $14.8 million; the TTM figure through Dec 2024 stood at $44.8 million (up 167.1% YoY), while the FY2025 annual figure 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.
- The 5-year median for Change in Inventory is $10.9 million (2023), against an average of $850900.0.
- Peak annual rise in Change in Inventory reached 640.47% in 2022, while the deepest fall reached 280.39% in 2022.
- Array Technologies' Change in Inventory stood at $20.7 million in 2020, then soared 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 surged by 127.35% to $14.8 million in 2024.
- Business Quant data shows ARRY's Change in Inventory at $14.8 million in Q4 2024, $22.8 million in Q3 2024, and -$4.3 million in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 162.14 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | -5.68 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 101.39 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -3.12 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 27.45 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 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 |