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| 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 |