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| 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 |