Sleep Number (Sleep Number) Change In Inventory : $16 Mil (TTM As of Mar. 2024)

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What is Sleep Number Change In Inventory?

Sleep Number's change in inventory for the quarter that ended in Mar. 2024 was $15 Mil. It means Sleep Number's inventory declined by $15 Mil from Dec. 2023 to Mar. 2024 .

Sleep Number's change in inventory for the fiscal year that ended in Dec. 2023 was $-1 Mil. It means Sleep Number's inventory increased by $1 Mil from Dec. 2022 to Dec. 2023 .

Sleep Number's Total Inventories for the quarter that ended in Mar. 2024 was $101 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sleep Number's Days Inventory for the quarter that ended in Mar. 2024 was 50.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sleep Number's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.80.

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. Sleep Number's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.

Sleep Number Change In Inventory Historical Data

The historical data trend for Sleep Number'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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Sleep Number Change In Inventory Chart

Sleep Number Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.18

5.70

-24.28

-11.56

-1.40

Sleep Number Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-2.75	-4.67	5.22	0.79	14.53

Sleep Number 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $16 Mil.

Sleep Number (NAS:SNBR) Change In Inventory Explanation

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

Sleep Number's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	108.1685	/	194.275	*	365 / 4
	=	50.81

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

Sleep Number's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	194.275	/	108.1685
	=	1.80

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.

Sleep Number's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	108.1685	/	470.449
	=	0.23

Sleep Number Change In Inventory Related Terms

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Sleep Number (Sleep Number) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sleep Number Corp (NAS:SNBR) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SL2:Germany

Address

1001 Third Avenue South, Minneapolis, MN, USA, 55404

Website

https://www.sleepnumber.com

Sleep Number Corp. offers individualized mattresses and sleep solutions. Consumers can customize Sleep Number bedding to suit their comforts. The company utilizes algorithms and biometric data for customizations. Revenue is generated through marketing and selling bedding through two distribution channels: company-controlled, including direct-to-consumer retail and online sales; and wholesale, which sells through selected wholesale and retail customers. Almost all revenue comes from company-controlled retail sales. Sleep Number Corp. sells its products throughout the United States.

Executives

Samuel R Hellfeld	officer: SVP Chief Legal & Risk Officer	1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Francis K Lee	officer: EVP & CFO	1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Brenda J Lauderback	director	IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Julie Howard	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Michael J Harrison	director	200 DOMAIN DRIVE, STRATHAM NH 03885
Joel Joseph Laing	officer: Treasurer & CAO	1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Angel L Mendez	director	C/O SLEEP NUMBER CORPORATION, 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Phillip Eyler	director	C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Kevin Kennedy Brown	officer: SVP and CMO	9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Christopher D Krusmark	officer: SVP & Chief H.R. Officer	1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Daniel Alegre	director	9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55317
Jean Michel Valette	director	28 MAPLE AVE, KENTFIELD CT 06897
Melissa Barra	officer: SVP, Chief Strategy & CRO	9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Shelly Radue Ibach	officer: Senior VP - U.S. Retail Sales	6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Robert Joseph Poirier	officer: VP, CAO	1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55442