Growth Metrics

Spruce Power Holding (SPRU) Inventory Average (2021 - 2022)

Spruce Power Holding recorded quarterly Inventory Average of $14.1 million in Q3 2022, little changed quarter-over-quarter from $14.2 million in Q2 2022, and down 7.23% year-over-year from $15.2 million in Q3 2021.

Spruce Power Holding's Inventory Average history runs 2 years deep, the most recent figure standing at $14.1 million for Q3 2022.

  • In Q3 2022, Inventory Average fell 7.23% year-over-year to $14.1 million; the TTM figure through Sep 2022 stood at $14.1 million (down 7.23% YoY), while the FY2021 annual figure was $9.4 million, changed N/A from the prior year.
  • Inventory Average came in at $14.1 million for Q3 2022 at Spruce Power Holding, roughly flat from $14.2 million in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $16.7 million in Q4 2021 to a low of $5.4 million in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 815.31 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 268.78 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 622.77 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 289.37 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 574.73 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 495.84 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 124.44 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 159.17 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.30 Bn
10 Spruce Power Holding 54.20 Mn -36.52 Mn 16.96 Mn -

Historic Data

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DateValue
Sep 30, 2022 14.15 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