Growth Metrics

Spruce Power Holding (SPRU) Inventory (2020 - 2022)

Spruce Power Holding recorded quarterly Inventory of $14.1 million in Q3 2022, down 0.62% quarter-over-quarter from $14.2 million in Q2 2022, and down 22.11% year-over-year from $18.1 million in Q3 2021.

Spruce Power Holding's Inventory history runs 3 years deep, the most recent figure standing at $14.1 million for Q3 2022.

  • In Q3 2022, Inventory fell 22.11% year-over-year to $14.1 million; the TTM figure through Sep 2022 stood at $14.1 million (down 22.11% YoY), while the FY2021 annual figure was $15.3 million, up 327.03% from the prior year.
  • Inventory came in at $14.1 million for Q3 2022 at Spruce Power Holding, down from $14.2 million in the prior quarter.
  • In the past five years, Inventory ranged from a high of $18.1 million in Q3 2021 to a low of $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.
  • Across the five-year window, Inventory surged 327.03% in 2021 and declined 22.11% in 2022, its largest moves.
  • Spruce Power Holding's Inventory stood at $3.6 million in 2020, then surged by 327.03% to $15.3 million in 2021, then slipped 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 26.65 Bn 24.22 Bn 486.13 Mn 893.88 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 262.28 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.13 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 290.70 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 596.82 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 490.39 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 158.99 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 167.97 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.57 Bn
10 Spruce Power Holding 54.20 Mn -36.52 Mn 16.96 Mn -

Historic Data

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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