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
DateValue
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