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Spruce Power HoldingSPRU 42 Days Payable is 16.49 as of Mar. 2026, which is 25% below its 10-year median of 22.12. GuruFocus rates SPRU with a GF Score™ of 42/100 and a GF Value™ of $4.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 998 Semiconductors companies, Spruce Power Holding ranks worse than 96.09% on this metric.
The historical data trend for Spruce Power Holding's Days Payable 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.
For the Solar subindustry, Spruce Power Holding's Days Payable, along with its competitors' market caps and Days Payable 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 Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Spruce Power Holding's Days Payable distribution charts can be found below:
* The bar in red indicates where Spruce Power Holding's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Spruce Power Holding's Days Payable 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 Days Payable of 16.49 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spruce Power Holding and its competitors. This is 25% below median its historical median of 22.12. Over the past decade, Spruce Power Holding's Days Payable has ranged from 9.62 to 66.06. According to the industry distribution chart, Spruce Power Holding ranks #959 out of 998 companies in the Semiconductors industry, placing it in the top 96.1%.
Is Spruce Power Holding's Days Payable too high?
Spruce Power Holding's current Days Payable of 16.49 is 25% below median its 10-year median of 22.12. Over the past 10 years, this metric has ranged from a low of 9.62 to a high of 66.06. The Semiconductors industry median Days Payable is 52.98. Spruce Power Holding's value of 16.49 is 68.9% below this industry median. Based on the distribution chart, Spruce Power Holding ranks #959 out of 998 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. 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 Days Payable compare to FTCI and ASTI?
According to the Semiconductors industry distribution chart, Spruce Power Holding ranks #959 out of 998 companies for Days Payable. This places Spruce Power Holding in the lower half of its industry. The industry median Days Payable is 52.98. Spruce Power Holding's value of 16.49 is 68.9% below this benchmark. Historically, Spruce Power Holding's own Days Payable has ranged from 9.62 to 66.06 over the past decade. While the company's 10-year median is 22.12 vs. the industry median of 52.98, Spruce Power Holding has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spruce Power Holding's current Days Payable of 16.49 is 68.9% 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 Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spruce Power Holding and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spruce Power Holding's current Days Payable is 16.49, which is 25% below median its own 10-year median of 22.12. 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 Days Payable is 16.49, which is 25% below median its 10-year median of 22.12 and 68.9% below the Semiconductors industry median of 52.98. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Spruce Power Holding (SPRU), the current Days Payable is 16.49 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:
Days Payable: 16.49 (25% below median its 10-year median of 22.12)
GF Value™: $4.91 vs. price of $1.95 (60.3% below fair value)
Industry Position: 68.9% below the Semiconductors median (#959 of 998)
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.
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