Spruce Power Holding (SPRU) Inventory Average (2021 - 2022)
Spruce Power Holding (SPRU) posted Inventory Average of $14.1 million for Q3 2022, little changed sequentially from $14.2 million in Q2 2022, and down 7.23% YoY from $15.2 million in Q3 2021.
Spruce Power Holding (SPRU) Inventory Average (2021 - 2022) Analysis & Trends
Spruce Power Holding has reported Inventory Average for 2 years, with the latest figure at $14.1 million in Q3 2022.
- Quarterly Inventory Average fell 7.23% year-over-year to $14.1 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $14.1 million (down 7.23% YoY) and the FY2021 annual result came in at $9.4 million, changed N/A from the prior year.
- Inventory Average steadied at $14.1 million in Q3 2022 per SPRU's latest filing, from $14.2 million in the prior quarter.
- Over five years, Inventory Average peaked at $16.7 million in Q4 2021 and troughed at $5.4 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 991.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 261.95 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 287.86 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 570.12 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 598.32 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 171.86 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 622.77 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.30 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 162.22 Mn |
| 10 | Spruce Power Holding | 34.82 Mn | -46.72 Mn | 23.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 14.15 Mn |
| Jun 30, 2022 | 14.15 Mn |
| Mar 31, 2022 | 14.69 Mn |
| Dec 31, 2021 | 16.68 Mn |
| Sep 30, 2021 | 15.25 Mn |
| Jun 30, 2021 | 9.79 Mn |
| Mar 31, 2021 | 5.39 Mn |