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
DateValue
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