Growth Metrics

Array Technologies (ARRY) Receivables Refunds (2019 - 2023)

Array Technologies' quarterly Receivables Refunds came in at $367000.0 in Q3 2023, down 97.12% year-on-year from $12.8 million in Q3 2022, and up 17.63% quarter-over-quarter from $312000.0 in Q2 2023.

Array Technologies has reported Receivables Refunds for 5 years, with the latest figure at $367000.0 in Q3 2023.

  • For the quarter ending Q3 2023, Receivables Refunds fell 97.12% year-over-year to $367000.0; the trailing twelve-month figure through Sep 2023 stood at $367000.0 (down 97.12% YoY), and the FY2022 full-year result was $3.5 million, down 60.98% from the prior year.
  • Receivables Refunds for Q3 2023 stood at $367000.0, up from $312000.0 in the prior quarter.
  • The five-year high for Receivables Refunds was $31.1 million in Q1 2022, with the low at $312000.0 in Q2 2023.
  • Average Receivables Refunds over 5 years is $9.3 million, with a median of $7.7 million recorded in 2021.
  • Year-over-year, Receivables Refunds surged 2632.17% in 2020 and sank 98.08% in 2023.
  • Tracing ARRY's Receivables Refunds over 5 years: stood at $628000.0 in 2019, then surged by 2632.17% to $17.2 million in 2020, then plunged by 47.24% to $9.1 million in 2021, then sank by 60.98% to $3.5 million in 2022, then tumbled by 89.61% to $367000.0 in 2023.
  • The last three Receivables Refunds figures came in at $367000.0 (Q3 2023), $312000.0 (Q2 2023), and $3.2 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Refund Receivables (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 252.25 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
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 -

Historic Data

Download Data 🔒
DateValue
Sep 30, 2023 367,000.00
Jun 30, 2023 312,000.00
Mar 31, 2023 3.16 Mn
Dec 31, 2022 3.53 Mn
Sep 30, 2022 12.77 Mn
Jun 30, 2022 16.22 Mn
Mar 31, 2022 31.08 Mn
Dec 31, 2021 9.05 Mn
Sep 30, 2021 7.48 Mn
Jun 30, 2021 7.92 Mn
Mar 31, 2021 4.16 Mn
Dec 31, 2020 17.16 Mn
Sep 30, 2020 16.52 Mn
Dec 31, 2019 628,000.00