ARRY (Array Technologies) Days Payable: 57.07 (As of Jun. 2026) — 10% Above Median

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ARRY Array Technologies Inc ARRY
70 GF Score
Price $5.31
GF Value $8.74
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Array Technologies Days Payable?

Array Technologies ARRY -4.14% 70 Days Payable is 57.07 as of Jun. 2026, which is 10% above its 10-year median of 52.08. GuruFocus rates ARRY with a GF Score™ of 70/100 and a GF Value™ of $8.74 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 999 Semiconductors companies, Array Technologies ranks better than 65.17% on this metric.

Array Technologies's average Accounts Payable for the three months ended in Jun. 2026 was $152 Mil. Array Technologies's Cost of Goods Sold for the three months ended in Jun. 2026 was $242 Mil. Hence, Array Technologies's Days Payable for the three months ended in Jun. 2026 was 57.07.

The historical rank and industry rank for Array Technologies's Days Payable or its related term are showing as below:

ARRY' s Days Payable Range Over the Past 10 Years
Min: 33.61   Med: 52.08   Max: 86.17
Current: 68.36

During the past 8 years, Array Technologies's highest Days Payable was 86.17. The lowest was 33.61. And the median was 52.08.

ARRY's Days Payable is ranked better than
65.17% of 999 companies
in the Semiconductors industry
Industry Median: 52.65 vs ARRY: 68.36

Array Technologies's Days Payable increased from Jun. 2025 (54.21) to Jun. 2026 (57.07). It may suggest that Array Technologies delayed paying its suppliers.


Array Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Array Technologies's Days 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 Days Payable Chart

Array Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 41.15 33.61 45.57 86.17 58.58

Array Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days 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 54.21 62.32 82.96 81.39 57.07

ARRY vs JKS, CSIQ, TOYO: Days Payable Comparison

For the Solar subindustry, Array Technologies's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Array Technologies Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Array Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Array Technologies's Days Payable falls into.


ARRY
70GF Score
Array Technologies Inc ARRY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Array Technologies Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Array Technologies's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (172.368 + 143.994) / 2 ) / 985.588*365
=158.181 / 985.588*365
=58.58

Array Technologies's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (142.172 + 161.092) / 2 ) / 242.461*365 / 4
=151.632 / 242.461*365 / 4
=57.07

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 57.07 mean?
Array Technologies (ARRY) has a Days Payable of 57.07 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Array Technologies and its competitors. This is 10% above median its historical median of 52.08. Over the past decade, Array Technologies' Days Payable has ranged from 33.61 to 86.17. According to the industry distribution chart, Array Technologies ranks #348 out of 999 companies in the Semiconductors industry, placing it in the top 34.8%.
Is Array Technologies' Days Payable too high?
Array Technologies' current Days Payable of 57.07 is 10% above median its 10-year median of 52.08. Over the past 10 years, this metric has ranged from a low of 33.61 to a high of 86.17. The Semiconductors industry median Days Payable is 52.65. Array Technologies' value of 57.07 is 8.4% above this industry median. Based on the distribution chart, Array Technologies ranks #348 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Array Technologies has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Days Payable compare to JKS and CSIQ?
According to the Semiconductors industry distribution chart, Array Technologies ranks #348 out of 999 companies for Days Payable. This puts Array Technologies in the upper half of its industry. The industry median Days Payable is 52.65. Array Technologies' value of 57.07 is 8.4% above this benchmark. Historically, Array Technologies' own Days Payable has ranged from 33.61 to 86.17 over the past decade. While the company's 10-year median is 52.08 vs. the industry median of 52.65, Array Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Semiconductors company?
The median Days Payable among Semiconductors companies is 52.65, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Technologies's current Days Payable of 57.07 is 8.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Array Technologies and its competitors. For the Semiconductors industry, the median Days Payable is 52.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Technologies's current Days Payable is 57.07, which is 10% above median its own 10-year median of 52.08. 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 (ARRY) is currently considered Possible Value Trap. The stock's GF Value™ is $8.74, compared to a current price of $5.31 — trading 39.2% below its estimated fair value. The current Days Payable is 57.07, which is 10% above median its 10-year median of 52.08 and 8.4% above the Semiconductors industry median of 52.65. Array Technologies' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Array Technologies (ARRY), the current Days Payable is 57.07 as of Jun. 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 (ARRY) Overvalued in 2026?

Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued. The current stock price of $5.31 is trading 39.2% below its estimated GF Value™ of $8.74. GuruFocus considers Array Technologies to be Possible Value Trap.

Key valuation signals for ARRY:

  • Days Payable: 57.07 (10% above median its 10-year median of 52.08)
  • GF Value™: $8.74 vs. price of $5.31 (39.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 8.4% above the Semiconductors median (#348 of 999)

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


Array Technologies Business Description

Other Exchanges 9AY: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.
70GF Score

Get the complete analysis for ARRY

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

$5.31
Price
$8.74
GF Value