Array Technologies (ARRY) Change in Receivables (2019 - 2024)
Array Technologies (ARRY) recorded quarterly Change in Receivables of $442000.0 in Q4 2024, up 101.02% quarter-over-quarter from -$43.2 million in Q3 2024, and up 100.45% on a YoY basis from $220508.6 in Q1 2024.
Array Technologies (ARRY) Change in Receivables (2019 - 2024) Analysis & Trends
Array Technologies' Change in Receivables history runs 6 years deep, the most recent figure standing at $442000.0 for Q4 2024.
- In Q4 2024, Change in Receivables rose 100.45% year-over-year to $442000.0; the TTM figure through Dec 2024 stood at -$41.4 million (up 55.36% YoY), while the FY2025 annual figure was -$31.0 million, up 25.14% from the prior year.
- Change in Receivables was $442000.0 for Q4 2024 at Array Technologies, up from -$43.2 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $97.4 million in Q2 2024 to a low of -$99.2 million in Q4 2023.
- Historically, Change in Receivables has averaged $4.1 million across 5 years, with a median of $12.3 million in 2020.
- The sharpest annual moves came in 2021 and 2024: Change in Receivables surged 9356.73% in 2021, then plunged 1438.79% in 2024.
- A 5-year view of Change in Receivables shows it stood at $698000.0 in 2020, then soared by 9356.73% to $66.0 million in 2021, then plunged by 194.01% to -$62.1 million in 2022, then tumbled by 59.81% to -$99.2 million in 2023, then jumped by 100.45% to $442000.0 in 2024.
- The last three Change in Receivables figures came in at $442000.0 (Q4 2024), -$43.2 million (Q3 2024), and $97.4 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -41.56 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -43.56 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -22.09 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 412,000.00 |
| 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 | 1.23 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 442,000.00 |
| Dec 31, 2024 | 442,000.00 |
| Sep 30, 2024 | -43.24 Mn |
| Sep 30, 2024 | -43.24 Mn |
| Jun 30, 2024 | 97.37 Mn |
| Jun 30, 2024 | 97.37 Mn |
| Mar 31, 2024 | -95.99 Mn |
| Mar 31, 2024 | -95.99 Mn |
| Dec 31, 2023 | -99.16 Mn |
| Dec 31, 2023 | -99.16 Mn |
| Sep 30, 2023 | -74.68 Mn |
| Sep 30, 2023 | -74.68 Mn |
| Jun 30, 2023 | 87.28 Mn |
| Jun 30, 2023 | 87.28 Mn |
| Mar 31, 2023 | -6.24 Mn |
| Mar 31, 2023 | -6.24 Mn |
| Dec 31, 2022 | -62.05 Mn |
| Dec 31, 2022 | -62.05 Mn |
| Sep 30, 2022 | 32.49 Mn |
| Sep 30, 2022 | 32.49 Mn |