Array Technologies (ARRY) Change in Receivables (2019 - 2024)

Array Technologies' (ARRY) quarterly Change in Receivables came in at $442000.0 in Q4 2024, up 100.45% year-on-year from $220508.6 in Q1 2024, and up 101.02% quarter-over-quarter from -$43.2 million in Q3 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.

  • On a quarterly basis, Change in Receivables rose 100.45% year-over-year to $442000.0 in Q4 2024; TTM through Dec 2024 was -$41.4 million, a 55.36% increase from a year earlier, with the FY2025 full-year figure at -$31.0 million, up 25.14% from the prior year.
  • Change in Receivables climbed to $442000.0 in Q4 2024 per ARRY's latest filing, from -$43.2 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $97.4 million in Q2 2024 and bottomed at -$99.2 million in Q4 2023.
  • The 5-year median for Change in Receivables is $12.3 million (2020), against an average of $4.1 million.
  • Across the five-year window, Change in Receivables jumped 9356.73% in 2021 and plunged 1438.79% in 2024, its largest moves.
  • Year by year, Change in Receivables stood at $698000.0 in 2020, then soared by 9356.73% to $66.0 million in 2021, then slumped by 194.01% to -$62.1 million in 2022, then sank by 59.81% to -$99.2 million in 2023, then jumped by 100.45% to $442000.0 in 2024.
  • Per Business Quant, the three latest ARRY Change in Receivables figures stand at $442000.0 (Q4 2024), -$43.2 million (Q3 2024), and $97.4 million (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 85.76 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -41.56 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 -43.56 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -22.09 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 412,000.00
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
DateValue
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