Spruce Power Holding (SPRU) Inventory (2020 - 2022)
Spruce Power Holding (SPRU) posted Inventory of $14.1 million for Q3 2022, down 0.62% sequentially from $14.2 million in Q2 2022, and down 22.11% YoY from $18.1 million in Q3 2021.
Spruce Power Holding (SPRU) Inventory (2020 - 2022) Analysis & Trends
Spruce Power Holding has reported Inventory for 3 years, with the latest figure at $14.1 million 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 retreated to $14.1 million in Q3 2022 per SPRU's latest filing, from $14.2 million in the prior quarter.
- Over five years, Inventory peaked at $18.1 million in Q3 2021 and troughed at $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.
- The sharpest annual moves came in 2021 and 2022: Inventory soared 327.03% in 2021, then fell 22.11% in 2022.
- Over 3 years, Inventory stood at $3.6 million in 2020, then soared by 327.03% to $15.3 million in 2021, then dropped 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 | 23.30 Bn | 21.57 Bn | 605.00 Mn | 1.09 Bn |
| 2 | Nextpower | 13.23 Bn | 12.02 Bn | 335.85 Mn | 261.63 Mn |
| 3 | Enphase Energy | 5.16 Bn | 4.22 Bn | 175.01 Mn | 285.02 Mn |
| 4 | Sunrun | 2.23 Bn | 2.23 Bn | 527.54 Mn | 649.85 Mn |
| 5 | Solaredge Technologies | 1.90 Bn | 1.32 Bn | 95.15 Mn | 599.82 Mn |
| 6 | Shoals Technologies | 1.22 Bn | 1.21 Bn | 49.53 Mn | 184.72 Mn |
| 7 | Canadian Solar | 986.95 Mn | -601.34 Mn | 124.40 Mn | 1.13 Bn |
| 8 | JinkoSolar Holding | 842.11 Mn | -2.47 Bn | 147.66 Mn | 2.57 Bn |
| 9 | Array Technologies | 727.94 Mn | 420.64 Mn | 99.60 Mn | 156.47 Mn |
| 10 | Spruce Power Holding | 35.37 Mn | -46.17 Mn | 23.10 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 |