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Spruce Power Holding's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 67.32.
Spruce Power Holding's Days Inventory for the
three
months ended in Mar. 2026 was 0.
Spruce Power Holding's Days Payable for the
three
months ended in Mar. 2026 was 16.49.
Therefore, Spruce Power Holding's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 50.83.
Spruce Power Holding (NYSE:SPRU) Cash Conversion Cycle Explanation
Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.
Be Aware
CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.
The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.
Spruce Power Holding Cash Conversion Cycle Related Terms
Spruce Power Holding Cash Conversion Cycle Historical Data
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The historical data trend for Spruce Power Holding's Cash Conversion Cycle can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SPRU vs FTCI, ASTI, BEEM: Cash Conversion Cycle Comparison
For the Solar subindustry, Spruce Power Holding's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spruce Power Holding Cash Conversion Cycle vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Spruce Power Holding's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Spruce Power Holding's Cash Conversion Cycle falls into.
Spruce Power Holding Cash Conversion Cycle Calculation
Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.
Cash Conversion Cycle is one of several measures of management effectiveness.
Spruce Power Holding's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Spruce Power Holding (SPRU) has a Cash Conversion Cycle of 50.83 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Spruce Power Holding and its competitors.
Is Spruce Power Holding's Cash Conversion Cycle too high?
Spruce Power Holding's current Cash Conversion Cycle is 50.83. The Semiconductors industry median Cash Conversion Cycle is 116.56. Spruce Power Holding's value of 50.83 is 56.4% below this industry median. Overall, Spruce Power Holding has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spruce Power Holding's Cash Conversion Cycle compare to FTCI and ASTI?
Spruce Power Holding's Cash Conversion Cycle of 50.83 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.56. Spruce Power Holding's value of 50.83 is 56.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.56, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spruce Power Holding's current Cash Conversion Cycle of 50.83 is 56.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Spruce Power Holding and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spruce Power Holding's current Cash Conversion Cycle is 50.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spruce Power Holding stock overvalued right now?
Based on GuruFocus' analysis, Spruce Power Holding (SPRU) is currently considered Possible Value Trap. The stock's GF Value™ is $4.91, compared to a current price of $1.95 — trading 60.3% below its estimated fair value. The current Cash Conversion Cycle is 50.83 and 56.4% below the Semiconductors industry median of 116.56. Spruce Power Holding's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Spruce Power Holding (SPRU), the current Cash Conversion Cycle is 50.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spruce Power Holding (SPRU) Overvalued in 2026?
Based on GuruFocus' analysis, Spruce Power Holding stock appears to be undervalued.
The current stock price of $1.95 is trading 60.3% below its estimated GF Value™ of $4.91.
GuruFocus considers Spruce Power Holding to be Possible Value Trap.
Key valuation signals for SPRU:
Cash Conversion Cycle: 50.83
GF Value™: $4.91 vs. price of $1.95 (60.3% below fair value)
Industry Position: 56.4% below the Semiconductors median
No single metric tells the full story. See the SPRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spruce Power Holding Corp is an owner and operator of distributed solar energy assets across the United States (the U.S.), offering subscription-based services to home solar assets and customer contracts, making renewable energy more accessible to everyone. The Company's customers are homeowners and the Company's core solar service offerings generate revenues through, the sale of electricity generated by its home solar energy systems to homeowners, third-party contracts to sell solar renewable energy credits (SRECs) generated by the solar energy systems for fixed prices and the servicing of those agreements for other institutional owners of home solar energy systems.
42GF Score
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