Sprouts Farmers Market (Sprouts Farmers Market) Change In Inventory : $-11 Mil (TTM As of Dec. 2023)

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What is Sprouts Farmers Market Change In Inventory?

Sprouts Farmers Market's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Sprouts Farmers Market's inventory declined by $0 Mil from Sep. 2023 to Dec. 2023 .

Sprouts Farmers Market's change in inventory for the fiscal year that ended in Dec. 2023 was $-11 Mil. It means Sprouts Farmers Market's inventory increased by $11 Mil from Dec. 2022 to Dec. 2023 .

Sprouts Farmers Market's Total Inventories for the quarter that ended in Dec. 2023 was $323 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sprouts Farmers Market's Days Inventory for the quarter that ended in Dec. 2023 was 27.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sprouts Farmers Market's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.33.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Sprouts Farmers Market's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Sprouts Farmers Market Change In Inventory Historical Data

The historical data trend for Sprouts Farmers Market's Change In Inventory 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.

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Sprouts Farmers Market Change In Inventory Chart

Sprouts Farmers Market Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-11.61

21.75

-11.42

-45.16

-10.86

Sprouts Farmers Market Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-8.88	5.40	-13.07	-3.66	0.47

Sprouts Farmers Market Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11 Mil.

Sprouts Farmers Market (NAS:SFM) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Sprouts Farmers Market's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	323.43	/	1078.172	*	365 / 4
	=	27.37

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sprouts Farmers Market's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1078.172	/	323.43
	=	3.33

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Sprouts Farmers Market's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	323.43	/	1698.545
	=	0.19

Sprouts Farmers Market Change In Inventory Related Terms

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Sprouts Farmers Market (Sprouts Farmers Market) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sprouts Farmers Market Inc (NAS:SFM) » Definitions » Change In Inventory

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Traded in Other Exchanges

1FA:Germany 1FA:Germany

Address

5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054

Website

https://www.sprouts.com

Sprouts Farmers Market is an American specialty grocer offering an assortment highlighting fresh and naturally derived products. Its offerings are especially focused on produce, which constituted around 20% of sales in fiscal 2022. Founded in 2002, the chain is most heavily concentrated in California, which accounted for over one third of its 386 stores as of the end of fiscal 2022. All of the company's operations are in the United States, with its stores largely located in the southern half of the country. Private-label products accounted for nearly 20% of sales in fiscal 2022.

Executives

Brandon F. Lombardi	officer: Chief Legal Officer	11811 N. TATUM BOULEVARD SUITE 2400, PHOENIX AZ 85028
David Mcglinchey	officer: Chief Merchandising Officer	5455 E. HIGH STREET, SUITE 111, PHOENIX AZ 85054
Douglas Gregory Rauch	director	54 WILDE ROAD, WABAN MA 02468
Joseph L Hurley	officer: Chief Supply Chain Officer	5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Jack Sinclair	director, officer: Chief Executive Officer	800 WEST 1ST STREET, APT. 2308, LOS ANGELES CA 90012
Lawrence Molloy	director	19601 N 27TH AVENUE, PHOENIX AZ 85027
Stacy W. Hilgendorf	officer: VP, Controller	14624 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85254
James H Bahrenburg	officer: Chief Technology Officer	5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Kim Coffin	officer: SVP, Chief Forager	5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
John Scott Neal	officer: Chief Fresh Merchandising Off.	5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Timmi Zalatoris	officer: Chief Human Resources Officer	5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Nicholas Konat	officer: President & COO	10850 VIA FRONTERA, SAN DIEGO CA 92127
Dan J Sanders	officer: Chief Operations Officer	5455 E. HIGH STREET, SUITE 111, PHOENIX AZ 85054
Alisa Gmelich	officer: SVP, Chief Marketing Officer	5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Hari K. Avula	director	5455 EAST HIGHT STREET, SUITE 111, PHOENIX AZ 85054