Array Technologies (ARRY) Other Working Capital Changes (2019 - 2026)
Array Technologies (ARRY) posted Other Working Capital Changes of $24.5 million for Q4 2024, down 41.31% on a QoQ basis from $41.8 million in Q3 2024, and up 29.72% year-over-year from $18.9 million in Q1 2024.
Analysis
Array Technologies (ARRY) Other Working Capital Changes (2019 - 2026) Analysis & Trends
Array Technologies has reported Other Working Capital Changes for 6 years, with the latest figure at $24.5 million in Q4 2024.
- On a quarterly basis, Other Working Capital Changes rose 29.72% year-over-year to $24.5 million in Q4 2024; TTM through Dec 2024 was $69.7 million, a 543.06% increase from a year earlier, with the FY2025 full-year figure at $25.8 million, down 62.93% from the prior year.
- Other Working Capital Changes was $24.5 million for Q4 2024 at Array Technologies, down from $41.8 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $65.9 million in Q2 2022, with the low at -$70.7 million in Q4 2025.
- Average Other Working Capital Changes over 5 years is $157277.8, with a median of -$10.4 million recorded in 2022.
- The largest YoY upside for Other Working Capital Changes was 17012.82% in 2021 against a maximum downside of 1429.61% in 2021.
- Over 5 years, Other Working Capital Changes stood at $6.1 million in 2020, then surged by 152.51% to $15.5 million in 2021, then slumped by 118.08% to -$2.8 million in 2022, then surged by 775.85% to $18.9 million in 2023, then advanced by 29.72% to $24.5 million in 2024.
- The last three Other Working Capital Changes figures came in at $24.5 million (Q4 2024), $41.8 million (Q3 2024), and $5.9 million (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -68.62 Mn |
| Jun 30, 2026 | -68.62 Mn |
| Mar 31, 2026 | 50.59 Mn |
| Mar 31, 2026 | 50.59 Mn |
| Dec 31, 2025 | -70.66 Mn |
| Dec 31, 2025 | -70.66 Mn |
| Sep 30, 2025 | 34.61 Mn |
| Sep 30, 2025 | 34.61 Mn |
| Jun 30, 2025 | 5.55 Mn |
| Jun 30, 2025 | 5.55 Mn |
| Mar 31, 2025 | 48.78 Mn |
| Mar 31, 2025 | 48.78 Mn |
| Dec 31, 2024 | 53.63 Mn |
| Dec 31, 2024 | 53.63 Mn |
| Sep 30, 2024 | -8.27 Mn |
| Sep 30, 2024 | -8.27 Mn |
| Jun 30, 2024 | 36.69 Mn |
| Jun 30, 2024 | 36.69 Mn |
| Mar 31, 2024 | -26.48 Mn |
| Mar 31, 2024 | -26.48 Mn |