Array Technologies ARRY
NASDAQ ARRY
$4.55 +0.07 (+1.56%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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