Array Technologies Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2026 to a ratio of 3.74, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Array Technologies Inc in Jun 30 2026 quarter, has decreased to 98 days, compared to 99 days, in the Mar 31 2026 quarter.

If we take a look into Capital Goods sector 225 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2026 from 1271 to 3061.

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What is Array Technologies Inc Selling?

What is Receivable Turnover Ratio?

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ARRY Receivables Turnover Ratio	(Jun 30 2026) II. Quarter	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	(Sep 30 2025) III. Quarter	(Jun 30 2025) II. Quarter
Y / Y Receivable Change	-11.91 %	3.45 %	-1.54 %	34.2 %	18.55 %
Y / Y Revenue Change	-5.54 %	-26.02 %	-17.73 %	69.76 %	42.04 %
Receivable Turnover Ratio (TTM)	3.74	3.68	3.95	4.09	3.88
ARRY's Total Ranking	# 3061	# 1271	# 1911	# 2616	# 1172
Accounts Receivable average collection period days	97	99	92	89	94
Seq. Receivable Change	10.64 %	7.64 %	-28.27 %	3.11 %	29.94 %
Seq. Revenue Change	53.39 %	-1.9 %	-42.11 %	8.44 %	20.14 %

Receivable Turnover Company Ranking
Within:	No.
Miscellaneous Manufacturing Industry	# 26
Capital Goods Sector	# 226
Overall Market	# 3061

Receivable Turnover Ratio Statistics
High	Average	Low
32.91	7.87	2.9
(Jun 30 2020)		(Mar 31 2016)

News about Array Technologies Inc Receivables Turnover Ratios

Array Technologies Invests in Automation Amidst Profit Decline in Competitive Landscape

In a bold move to enhance its position in the renewable energy sector, Array Technologies Inc. has announced a significant $3 million investment in Swap Robotics. This partnership aims to drive automation in photovoltaic (PV) installation, a crucial area of growth in the solar energy market. The investment, which underscores Array s commitment to innovation and efficiency, comes at a time when the company is facing financial challenges.In its latest earnings report for the third quarter of 2024, Array Technologies revealed a year-on-year revenue decline of 33.98%. Although this drop is stark, it is worth noting that it is less severe than the average decrease experienced by its competitors, which stands at 36.23%. While this could signal a slight relative resilience within Array’s business model, the company still grapples with the realities of operating in a competitive and sometimes volatile market.

ARRY Company Profile • Back to ARRY Efficiency Comparisons • Compare ARRY Receivables Turnover Ratio to its Competitors

Financial Statements
Array Technologies Inc 's Accounts Receivable	$ 323 Millions	Visit ARRY's Balance sheet
Array Technologies Inc 's Sales TTM	$ 1,185 Millions	Visit ARRY's Income Statement
Sources of ARRY's Revenues		Visit ARRY's Sales by Geography

Other Accounts Receivable Turnover Ratios
Miscellaneous Manufacturing Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ARRY's Receivable Turnover Ratio versus Miscellaneous Manufacturing Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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ARRY's Profitability Ratios	ARRY's Roi	ARRY's Asset Turnover Ratio	ARRY's Dividend Growth
ARRY's Valuation Ratios	ARRY's Roe	ARRY's Financial Strength Ratios	ARRY's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2026, within Capital Goods Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2026	Receivable at quarter ending Jun 30 2026
Arts Way Manufacturing Co Inc	10.03	$ 25.992 Millions	$ 2.591 Millions
Willdan Group inc	10.00	$ 740.880 Millions	$ 74.092 Millions
Mastec Inc	9.81	$ 16,109.932 Millions	$ 1,642.694 Millions
Fluence Energy Inc	9.79	$ 2,632.430 Millions	$ 268.977 Millions
Cvd Equipment Corporation	9.74	$ 15.620 Millions	$ 1.604 Millions
Acorn Energy Inc	9.37	$ 8.908 Millions	$ 0.951 Millions
Compx International inc	9.24	$ 161.992 Millions	$ 17.538 Millions
Kratos Defense and Security Solutions inc	9.12	$ 1,521.600 Millions	$ 166.775 Millions
Laser Photonics Corporation	9.04	$ 5.766 Millions	$ 0.638 Millions
Enovix Corporation	8.76	$ 35.242 Millions	$ 4.023 Millions
Taylor Devices Inc	8.72	$ 41.650 Millions	$ 4.778 Millions
National Presto Industries Inc	8.70	$ 544.681 Millions	$ 62.624 Millions
Primoris Services Corporation	8.68	$ 7,283.607 Millions	$ 839.495 Millions
Agco Corp	8.67	$ 10,349.700 Millions	$ 1,193.675 Millions
Aar Corp	8.64	$ 3,306.300 Millions	$ 382.825 Millions
Cricut Inc	8.60	$ 688.676 Millions	$ 80.091 Millions
Jbt Marel Corporation	8.60	$ 3,779.300 Millions	$ 439.625 Millions
Hudson Technologies Inc	8.59	$ 256.098 Millions	$ 29.799 Millions
Sturm Ruger and Company Inc	8.41	$ 577.242 Millions	$ 68.607 Millions
Ferguson Enterprises Inc	8.38	$ 32,889.000 Millions	$ 3,923.750 Millions
The Manitowoc Company Inc	8.29	$ 2,320.100 Millions	$ 280.000 Millions
OZOP ENERGY SOLUTIONS, INC.	8.24	$ 0.299 Millions	$ 0.036 Millions
Advanced Drainage Systems Inc	8.14	$ 3,218.987 Millions	$ 395.693 Millions
Ouster Inc	8.08	$ 203.575 Millions	$ 25.206 Millions
Lincoln Electric Holdings Inc	8.06	$ 4,481.052 Millions	$ 556.248 Millions
Energizer Holdings Inc	8.05	$ 2,989.900 Millions	$ 371.225 Millions
Watsco Inc	8.01	$ 7,283.631 Millions	$ 909.517 Millions
Argan Inc	7.72	$ 1,187.089 Millions	$ 153.806 Millions
Nextpower Inc	7.71	$ 3,630.307 Millions	$ 470.858 Millions
Badger Meter Inc	7.67	$ 880.471 Millions	$ 114.734 Millions

Date modified: 2026-09-09T01:59:34+00:00

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