SPRU (Spruce Power Holding) Change In Receivables: $-6.7 Mil (TTM As of Jun. 2026)

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SPRU Spruce Power Holding Corp SPRU
44 GF Score
Price $1.84
GF Value $3.91
Valuation Possible Value Trap
! 5 Warning Signs
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What is Spruce Power Holding Change In Receivables?

Spruce Power Holding SPRU -2.65% 44 Change In Receivables is $-6.7 Mil as of Jun. 2026. GuruFocus rates SPRU with a GF Score™ of 44/100 and a GF Value™ of $3.91 (Possible Value Trap). The stock has 5 warning signs investors should review.

Spruce Power Holding's change in receivables for the quarter that ended in Jun. 2026 was $-7.1 Mil. It means Spruce Power Holding's Accounts Receivable increased by $7.1 Mil from Mar. 2026 to Jun. 2026 .

Spruce Power Holding's change in receivables for the fiscal year that ended in Dec. 2025 was $-2.0 Mil. It means Spruce Power Holding's Accounts Receivable increased by $2.0 Mil from Dec. 2024 to Dec. 2025 .

Spruce Power Holding's Accounts Receivable for the quarter that ended in Jun. 2026 was $25.7 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Spruce Power Holding's Days Sales Outstanding for the three months ended in Jun. 2026 was 77.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Spruce Power Holding's liquidation value for the three months ended in Jun. 2026 was $-631.5 Mil.


Spruce Power Holding  (NYSE:SPRU) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Spruce Power Holding's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=25.719/30.347*91
=77.33

2. In Ben Graham's calculation of liquidation value, Spruce Power Holding's accounts receivable are only considered to be worth 75% of book value:

Spruce Power Holding's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=44.66-695.482+0.75 * 25.719+0.5 * 0
=-631.5

* 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 Change In Receivables Related Terms


Spruce Power Holding Change In Receivables Historical Data

* Premium members only.

The historical data trend for Spruce Power Holding's Change In Receivables 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.

Spruce Power Holding Change In Receivables Chart

Spruce Power Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 0.00 0.55 0.09 -3.49 -2.04

Spruce Power Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.67 1.32 2.59 -3.49 -7.07
SPRU
44GF Score
Spruce Power Holding Corp SPRU
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Spruce Power Holding Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.7 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-6.7 Mil mean?
Spruce Power Holding (SPRU) has a Change In Receivables of $-6.7 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Spruce Power Holding and its competitors.
Is Spruce Power Holding's Change In Receivables too high?
Spruce Power Holding's current Change In Receivables is $-6.7 Mil. Overall, Spruce Power Holding has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spruce Power Holding's Change In Receivables compare to FTCI and ASTI?
Spruce Power Holding's Change In Receivables of $-6.7 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Semiconductors company?
A good Change In Receivables depends on the Semiconductors industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Spruce Power Holding and its competitors. Spruce Power Holding's current Change In Receivables is $-6.7 Mil. 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 $3.91, compared to a current price of $1.84 — trading 52.9% below its estimated fair value. The current Change In Receivables is $-6.7 Mil. Spruce Power Holding's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Spruce Power Holding (SPRU), the current Change In Receivables is $-6.7 Mil as of Jun. 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 $1.84 is trading 52.9% below its estimated GF Value™ of $3.91. GuruFocus considers Spruce Power Holding to be Possible Value Trap.

Key valuation signals for SPRU:

  • Change In Receivables: $-6.7 Mil
  • GF Value™: $3.91 vs. price of $1.84 (52.9% below fair value)
  • GF Score™: 44/100 with 5 warning signs

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 Business Description

Other Exchanges XLF0:Germany
Address 820 Gessner Road, Suite 500, Houston, TX, USA, 77024
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.
44GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.84
Price
$3.91
GF Value