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
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