Array Technologies (ARRY) Change in Receivables (2019 - 2024)
Array Technologies (ARRY) posted quarterly Change in Receivables of $442000.0 for Q4 2024, up 100.45% year-over-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.
- 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 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.
- The 5-year median for Change in Receivables is $12.3 million (2020), against an average of $4.1 million.
- The sharpest annual moves came in 2021 and 2024: Change in Receivables jumped 9356.73% in 2021, then tumbled 1438.79% in 2024.
- Array Technologies' Change in Receivables stood at $698000.0 in 2020, then surged 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 soared by 100.45% to $442000.0 in 2024.
- Business Quant data shows ARRY's Change in Receivables at $442000.0 in Q4 2024, -$43.2 million in Q3 2024, and $97.4 million in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 55.20 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 77.23 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 9.93 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -10.24 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.62 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | Toyo | 181.99 Mn | 105.35 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 |