Spruce Power Holding (SPRU) Inventory Average (2021 - 2022)
Spruce Power Holding (SPRU) posted quarterly Inventory Average of $14.1 million for Q3 2022, down 7.23% year-on-year from $15.2 million in Q3 2021, and little changed on a QoQ basis from $14.2 million in Q2 2022.
Spruce Power Holding (SPRU) Inventory Average (2021 - 2022) Analysis & Trends
Spruce Power Holding (SPRU) has reported Inventory Average for 2 consecutive years, with $14.1 million the latest figure, recorded 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 held at $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 Average for SPRU reached as high as $16.7 million in Q4 2021 and fell as low as $5.4 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 815.31 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 268.78 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 289.37 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.30 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 574.73 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 495.84 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 124.44 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 622.77 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 159.17 Mn |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 Mn | 16.96 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 |