Array Technologies (ARRY) Change in Inventory (2019 - 2024)
Array Technologies (ARRY) posted Change in Inventory of $14.8 million for Q4 2024, down 34.86% on a QoQ basis from $22.8 million in Q3 2024, and up 127.35% year-over-year from $6.5 million in Q1 2024.
Analysis
Array Technologies (ARRY) Change in Inventory (2019 - 2024) Analysis & Trends
Array Technologies has reported Change in Inventory for 6 years, with the latest figure at $14.8 million in 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 was $14.8 million for Q4 2024 at Array Technologies, 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.
- The largest YoY upside for Change in Inventory was 640.47% in 2022 against a maximum downside of 280.39% in 2022.
- Over 5 years, Change in Inventory 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 162.14 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | -5.68 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -3.12 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 99.83 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 27.45 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | - |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | - |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 14.82 Mn |
| Sep 30, 2024 | 22.76 Mn |
| Jun 30, 2024 | -4.34 Mn |
| Mar 31, 2024 | 11.54 Mn |
| Dec 31, 2023 | -54.19 Mn |
| Sep 30, 2023 | 10.29 Mn |
| Jun 30, 2023 | -46.16 Mn |
| Mar 31, 2023 | 23.31 Mn |
| Dec 31, 2022 | -35.14 Mn |
| Sep 30, 2022 | -62.92 Mn |
| Jun 30, 2022 | 30.94 Mn |
| Mar 31, 2022 | 46.25 Mn |
| Dec 31, 2021 | 32.86 Mn |
| Sep 30, 2021 | 34.88 Mn |
| Jun 30, 2021 | 14.20 Mn |
| Mar 31, 2021 | 6.25 Mn |
| Dec 31, 2020 | 20.65 Mn |
| Sep 30, 2020 | -6.47 Mn |
| Jun 30, 2020 | -15.09 Mn |
| Mar 31, 2020 | -27.43 Mn |