Preheat your oven to 375°F and lightly grease a baking sheet with cooking spray or butter. While the oven heats, remove the cream cheese from the refrigerator if it hasn't already softened to room temperature (around 70°F)—this ensures it spreads easily without tearing the delicate crescent dough. Trim the woody ends off the asparagus spears (about 1-2 inches from the bottom) and cut or break them into pieces that match the length of your crescent roll triangles so they fit neatly when rolling.
In a small bowl, combine the softened cream cheese with the shredded cheddar cheese and garlic powder. Mix until well blended—the garlic powder distributes more evenly when mixed into the cream cheese first rather than sprinkled separately. I like to use sharp cheddar because it adds a more pronounced flavor that balances the mild crescent roll dough perfectly.
Unroll the crescent roll dough and separate it into individual triangles. Working with one triangle at a time, spoon about 1 tablespoon of the cheese mixture from Step 2 onto the widest part of the triangle. Top the cheese with a piece of prepared asparagus, then roll the crescent tightly from the wide end toward the point, ensuring the asparagus stays tucked inside and the seam is sealed. Place each finished roll seam-side down on your prepared baking sheet, spacing them about an inch apart.
Bake the rolls in your preheated 375°F oven for 10-13 minutes, until the crescents are puffed and golden brown. The exact timing depends on your oven, so start checking around the 10-minute mark—I find that the cheese should be slightly bubbly at the seams when they're done. Let the rolls cool for 1-2 minutes on the baking sheet before serving, as the filling will be extremely hot.