Spruce Power Holding (SPRU) Inventory (2020 - 2022)
Spruce Power Holding (SPRU) posted quarterly Inventory of $14.1 million for Q3 2022, down 22.11% year-on-year from $18.1 million in Q3 2021, and down 0.62% on a QoQ basis from $14.2 million in Q2 2022.
Spruce Power Holding (SPRU) Inventory (2020 - 2022) Analysis & Trends
Spruce Power Holding (SPRU) has reported Inventory for 3 consecutive years, with $14.1 million the latest figure, recorded in Q3 2022.
- Quarterly Inventory fell 22.11% year-over-year to $14.1 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $14.1 million (down 22.11% YoY) and the FY2021 annual result came in at $15.3 million, up 327.03% from the prior year.
- Inventory declined to $14.1 million in Q3 2022 per SPRU's latest filing, from $14.2 million in the prior quarter.
- Over the last five years, Inventory for SPRU reached as high as $18.1 million in Q3 2021 and fell as low as $3.6 million in Q4 2020.
- A 3-year average of $12.4 million and a median of $14.1 million in 2022 frame the typical range for Inventory.
- Annual changes were most pronounced in 2021 — Inventory surged 327.03% — and 2022, when it decreased 22.11%.
- Year by year, Inventory stood at $3.6 million in 2020, then soared by 327.03% to $15.3 million in 2021, then retreated by 7.61% to $14.1 million in 2022.
- According to Business Quant data, Inventory over the past three periods registered $14.1 million, $14.2 million, and $14.1 million for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 893.88 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 262.28 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 290.70 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.57 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 596.82 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 490.39 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 158.99 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.13 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 167.97 Mn |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 Mn | 16.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 14.10 Mn |
| Jun 30, 2022 | 14.19 Mn |
| Mar 31, 2022 | 14.12 Mn |
| Dec 31, 2021 | 15.26 Mn |
| Sep 30, 2021 | 18.10 Mn |
| Jun 30, 2021 | 12.39 Mn |
| Mar 31, 2021 | 7.20 Mn |
| Dec 31, 2020 | 3.57 Mn |