Array Technologies, Inc.
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software…
Solar
US, Albuquerque [HQ]
Cash Flow Statements
6 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Cash Flow (OCF) | -11.00 | 386.00 | -122.00 | -263.00 | 141.00 | 231.00 | |
| Operating Cash (Net) | -11.00 | 386.00 | -122.00 | -263.00 | 141.00 | 231.00 | |
| Accounts Receivable | 19.00 | -40.00 | -23.00 | -116.00 | -76.00 | 92.00 | |
| Accounts Payable | 6.00 | 105.00 | -50.00 | 7.00 | 12.00 | -37.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | |
| Change | 31.00 | 289.00 | -246.00 | -261.00 | 44.00 | 7.00 | |
| Other WC | 15.00 | 319.00 | -201.00 | -63.00 | 87.00 | -114.00 | |
| Investing Activities | |||||||
| Used Cash (Net) | -6.00 | -1.00 | -1.00 | -15.00 | -384.00 | -16.00 | |
| Capital Expenditure | -6.00 | -1.00 | -1.00 | -3.00 | -10.00 | -16.00 | |
| Purchases of Investments | - - | - - | - - | -11.00 | - - | - - | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -6.00 | -1.00 | -1.00 | -3.00 | -10.00 | -16.00 | |
| Acquisitions (Net) | - - | - - | - - | - - | -373.00 | - - | |
| Other Investing Activities | -4.00 | - - | - - | -11.00 | - - | - - | |
| Financing Activities | |||||||
| Used Cash (Net) | -50.00 | -63.00 | -129.00 | -537.00 | -8.00 | -101.00 | |
| Debt Repayment | -76.00 | -64.00 | -356.00 | -219.00 | -18.00 | -99.00 | |
| Dividends Paid | - - | - - | - - | -8.00 | -18.00 | - - | |
|
Common Stock
|
- - | - - | - - | - - | - - | - - | |
| Issued | - - | - - | 145.00 | 334.00 | 46.00 | -1.00 | |
| Repurchased | - - | - - | - - | - - | - - | - - | |
| Other Financing Activities | 127.00 | - - | 102.00 | -7.00 | -1.00 | -2.00 | |
| Cash Balances | |||||||
| Begin of Period | 8.00 | 40.00 | 361.00 | 108.00 | 367.00 | 133.00 | |
| End of Period | 40.00 | 361.00 | 108.00 | 367.00 | 133.00 | 249.00 | |
| Change | 32.00 | 320.00 | -252.00 | 259.00 | -233.00 | 115.00 | |
| Non-Cash Balances | |||||||
| Depreciation and Amortization | 28.00 | 27.00 | 27.00 | 25.00 | 101.00 | 54.00 | |
| Stock Based Compensation | - - | - - | 4.00 | 13.00 | 14.00 | 14.00 | |
| Other | 2.00 | 6.00 | 36.00 | 18.00 | 8.00 | 26.00 | |
| Highlighted metrics | |||||||
| Free Cash Flow (FCF) | -18.00 | 384.00 | -123.00 | -266.00 | 130.00 | 214.00 | |
| Cash Conversion Cycle (CCC) | 110.00 | 63.00 | 75.00 | 158.00 | 110.00 | 89.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
|||||||
| Forex Effect on Cash | - - | - - | - - | - - | - - | 1.00 |