GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sonos Inc (NAS:SONO) » Definitions » Total Inventories

Sonos (SONO) Total Inventories : $173 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Sonos Total Inventories?

Sonos's total inventories for the quarter that ended in Dec. 2023 was $173 Mil. Sonos's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $260 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sonos's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sonos's Days Inventory for the three months ended in Dec. 2023 was 71.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sonos's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.27.

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. Sonos's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.


Sonos Total Inventories Historical Data

The historical data trend for Sonos's Total Inventories 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.

* Premium members only.

Sonos Total Inventories Chart

Sonos Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 219.78 180.83 185.13 454.29 346.52

Sonos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 306.06 326.29 298.15 346.52 173.04

Sonos Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Sonos  (NAS:SONO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Sonos's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(467.342+0.75 * 80.811+0.5 * 173.043-515.581
-0-0)/124.571
=0.79

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

Sonos's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=259.782/330.19*365 / 4
=71.79

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=330.19 / 259.782
=1.27

4. 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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=259.782 / 612.869
=0.42

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Sonos Total Inventories Related Terms

Thank you for viewing the detailed overview of Sonos's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Sonos (SONO) Business Description

Traded in Other Exchanges
Address
614 Chapala Street, Santa Barbara, CA, USA, 93101
Sonos Inc is engaged in providing home sound systems. The company's product profile includes speaker sets and other accessories like boost, mounts, stands, and cables and networking. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. Generating a majority of its revenue from the Americas.
Executives
Joanna Coles director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Maxime Bouvat-merlin officer: Chief Product Officer C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Edward P Lazarus officer: CFO & CLO C/O TRIBUNE COMPANY, 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Shamayne Braman officer: Chief People Officer C/O SONOS, INC., 614 CHAPALA ST., SANTA BARBARA CA 93101
Nicholas Millington officer: Chief Innovation Officer C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Patrick Spence director, officer: Chief Executive Officer C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Thomas Conrad director 2101 WEBSTER STREET, SUITE 1650, OAKLAND CA 94612
Christopher Scott Mason officer: Principal Accounting Officer C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Matthew O. Siegel officer: Chief Commercial Officer C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Brittany Bagley director C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Anna Fraser officer: Chief People Officer C/O SONOS INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Michelangelo Volpi director C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Julius Genachowski director C/O INTERACTIVECORP, 152 WEST 57TH STREET, NEW YORK NY 10019
Panos Panay director 614 CHAPALA STREET, SANTA BARBARA CA 93101
John Maeda director C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101