Array Technologies (ARRY) Change in Inventory (2019 - 2024)
Array Technologies (ARRY) recorded quarterly Change in Inventory of $14.8 million in Q4 2024, down 34.86% quarter-over-quarter from $22.8 million in Q3 2024, and up 127.35% on a YoY basis from $6.5 million in Q1 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 was $14.8 million for Q4 2024 at Array Technologies, down from $22.8 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $46.2 million in Q1 2022 to a low of -$62.9 million in Q3 2022.
- Historically, Change in Inventory has averaged $850900.0 across 5 years, with a median of $10.9 million in 2023.
- Biggest YoY gain for Change in Inventory was 640.47% in 2022; the steepest drop was 280.39% in 2022.
- A 5-year view of Change in Inventory shows it stood at $20.7 million in 2020, then jumped by 59.13% to $32.9 million in 2021, then plunged by 206.94% to -$35.1 million in 2022, then sank by 54.2% to -$54.2 million in 2023, then soared 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 143.82 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 2.65 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 38.34 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -30.90 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 69.63 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -6.37 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 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 |