Array Technologies (ARRY) Change in Receivables (2019 - 2024)
Array Technologies' 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 has reported Change in Receivables for 6 years, with the latest figure at $442000.0 in Q4 2024.
- For the quarter ending Q4 2024, Change in Receivables rose 100.45% year-over-year to $442000.0; the trailing twelve-month figure through Dec 2024 stood at -$41.4 million (up 55.36% YoY), and the FY2025 full-year result was -$31.0 million, up 25.14% from the prior year.
- Change in Receivables for Q4 2024 stood at $442000.0, up from -$43.2 million in the prior quarter.
- The five-year high for Change in Receivables was $97.4 million in Q2 2024, with the low at -$99.2 million in Q4 2023.
- Average Change in Receivables over 5 years is $4.1 million, with a median of $12.3 million recorded in 2020.
- Year-over-year, Change in Receivables jumped 9356.73% in 2021 and plunged 1438.79% in 2024.
- Tracing ARRY's Change in Receivables over 5 years: stood at $698000.0 in 2020, then jumped by 9356.73% to $66.0 million in 2021, then tumbled by 194.01% to -$62.1 million in 2022, then slumped by 59.81% to -$99.2 million in 2023, then surged 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -41.56 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -43.56 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -22.09 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 412,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 1.23 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 |
| Jun 30, 2022 | 62.28 Mn |
| Jun 30, 2022 | 62.28 Mn |
| Mar 31, 2022 | 44.27 Mn |
| Mar 31, 2022 | 44.27 Mn |
| Dec 31, 2021 | 66.01 Mn |
| Dec 31, 2021 | 66.01 Mn |
| Sep 30, 2021 | 20.45 Mn |
| Sep 30, 2021 | 20.45 Mn |
| Jun 30, 2021 | 25.39 Mn |
| Jun 30, 2021 | 25.39 Mn |
| Mar 31, 2021 | 5.00 Mn |
| Mar 31, 2021 | 5.00 Mn |
| Dec 31, 2020 | 698,000.00 |
| Dec 31, 2020 | 698,000.00 |
| Sep 30, 2020 | 19.75 Mn |
| Sep 30, 2020 | 19.75 Mn |
| Jun 30, 2020 | -16.93 Mn |
| Jun 30, 2020 | -16.93 Mn |
| Mar 31, 2020 | 19.52 Mn |
| Mar 31, 2020 | 19.52 Mn |
| Dec 31, 2019 | -22.53 Mn |
| Dec 31, 2019 | -22.53 Mn |