Array Technologies (FRA:9AY) Accounts Payable: €123 Mil (As of Mar. 2026)

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FRA:9AY Array Technologies Inc FRA:9AY
69 GF Score
Price €5.06
GF Value €8.71
Valuation Possible Value Trap
! 3 Warning Signs
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What is Array Technologies Accounts Payable?

Array Technologies FRA:9AY -3.19% 69 Accounts Payable is €123 Mil as of Mar. 2026. GuruFocus rates FRA:9AY with a GF Score™ of 69/100 and a GF Value™ of €8.71 (Possible Value Trap). The stock has 3 warning signs investors should review.

Array Technologies's Accounts Payable for the quarter that ended in Mar. 2026 was €123 Mil.

Array Technologies's quarterly Accounts Payable declined from Sep. 2025 (€198 Mil) to Dec. 2025 (€123 Mil) but then increased from Dec. 2025 (€123 Mil) to Mar. 2026 (€123 Mil).

Array Technologies's annual Accounts Payable increased from Dec. 2023 (€110 Mil) to Dec. 2024 (€165 Mil) but then declined from Dec. 2024 (€165 Mil) to Dec. 2025 (€123 Mil).

Array Technologies Accounts Payable Related Terms

Array Technologies Accounts Payable Historical Data

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The historical data trend for Array Technologies's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Array Technologies Accounts Payable Chart

Array Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial 81.42 160.89 109.58 164.61 122.97

Array Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.25 139.80 197.56 122.97 122.98
FRA:9AY
69GF Score
Array Technologies Inc FRA:9AY
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Array Technologies Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €123 Mil mean?
Array Technologies (FRA:9AY) has a Accounts Payable of €123 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Array Technologies and its competitors.
Is Array Technologies' Accounts Payable too high?
Array Technologies' current Accounts Payable is €123 Mil. Overall, Array Technologies has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Accounts Payable compare to CSIQ and JKS?
Array Technologies' Accounts Payable of €123 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Semiconductors company?
A good Accounts Payable depends on the Semiconductors industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Array Technologies and its competitors. Array Technologies's current Accounts Payable is €123 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Technologies stock overvalued right now?
Based on GuruFocus' analysis, Array Technologies (FRA:9AY) is currently considered Possible Value Trap. The stock's GF Value™ is €8.71, compared to a current price of €5.06 — trading 41.9% below its estimated fair value. The current Accounts Payable is €123 Mil. Array Technologies' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Array Technologies (FRA:9AY), the current Accounts Payable is €123 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Array Technologies (FRA:9AY) Overvalued in 2026?

Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued. The current stock price of €5.06 is trading 41.9% below its estimated GF Value™ of €8.71. GuruFocus considers Array Technologies to be Possible Value Trap.

Key valuation signals for FRA:9AY:

  • Accounts Payable: €123 Mil
  • GF Value™: €8.71 vs. price of €5.06 (41.9% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the FRA:9AY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Array Technologies Business Description

Other Exchanges ARRY:USA9AY:Germany
Address 3901 Midway Place NE, Albuquerque, NM, USA, 87109
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker that moves solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil, and the rest of the world, with the United States deriving the majority of the revenue.
69GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.06
Price
€8.71
GF Value