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SFM (Sprouts Farmers Market) Days Inventory : 24.81 (As of Sep. 2024)


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What is Sprouts Farmers Market Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sprouts Farmers Market's Average Total Inventories for the three months ended in Sep. 2024 was $328 Mil. Sprouts Farmers Market's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,205 Mil. Hence, Sprouts Farmers Market's Days Inventory for the three months ended in Sep. 2024 was 24.81.

The historical rank and industry rank for Sprouts Farmers Market's Days Inventory or its related term are showing as below:

SFM' s Days Inventory Range Over the Past 10 Years
Min: 22.13   Med: 25.37   Max: 26.8
Current: 25.57

During the past 13 years, Sprouts Farmers Market's highest Days Inventory was 26.80. The lowest was 22.13. And the median was 25.37.

SFM's Days Inventory is ranked better than
65.13% of 304 companies
in the Retail - Defensive industry
Industry Median: 36.115 vs SFM: 25.57

Sprouts Farmers Market's Days Inventory declined from Sep. 2023 (27.00) to Sep. 2024 (24.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sprouts Farmers Market's Inventory Turnover for the three months ended in Sep. 2024 was 3.68.

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 three months ended in Sep. 2024 was 0.17.


Sprouts Farmers Market Days Inventory Historical Data

The historical data trend for Sprouts Farmers Market's Days 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.

* Premium members only.

Sprouts Farmers Market Days Inventory Chart

Sprouts Farmers Market Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.37 23.66 24.37 25.92 26.80

Sprouts Farmers Market Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory 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 27.00 27.37 25.12 24.92 24.81

Competitive Comparison of Sprouts Farmers Market's Days Inventory

For the Grocery Stores subindustry, Sprouts Farmers Market's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Sprouts Farmers Market's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sprouts Farmers Market's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sprouts Farmers Market's Days Inventory falls into.



Sprouts Farmers Market Days Inventory Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (310.545 + 323.198) / 2 ) / 4315.543*365
=316.8715 / 4315.543*365
=26.80

Sprouts Farmers Market's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (325.578 + 329.472) / 2 ) / 1204.812*365 / 4
=327.525 / 1204.812*365 / 4
=24.81

* 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.


Sprouts Farmers Market  (NAS:SFM) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Sprouts Farmers Market's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

2. 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 three months ended in Sep. 2024 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Sprouts Farmers Market Days Inventory Related Terms

Thank you for viewing the detailed overview of Sprouts Farmers Market's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprouts Farmers Market Business Description

Traded in Other Exchanges
Address
5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054
Sprouts Farmers Market Inc offers a unique specialty grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspire wellness naturally with a?carefully curated?assortment of better-for-you products paired with purpose-driven people. The company continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based, and gluten-free. It approximately has 407 stores in 23 states. It is one of the largest and fastest-growing specialty retailers of fresh, natural and organic food in the United States.
Executives
Joseph D O'leary director 19601 N 27TH AVE, PHOENIX AZ 85027
Jack Sinclair director, officer: Chief Executive Officer 800 WEST 1ST STREET, APT. 2308, LOS ANGELES CA 90012
Joseph L Hurley officer: Chief Supply Chain Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Joe Fortunato director 300 SIXTH AVENUE, PITTSBURGH PA 15222
John Scott Neal officer: Chief Fresh Merchandising Off. 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Douglas Gregory Rauch director 54 WILDE ROAD, WABAN MA 02468
Kristen E Blum director 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Terri F Graham director C/O JACK IN THE BOX INC, 9330 BALVOA AVE, SAN DIEGO CA 92123
Hari K. Avula director 5455 EAST HIGHT STREET, SUITE 111, PHOENIX AZ 85054
Joel D Anderson director 6436 CITY WEST PARKWAY, EDEN PRAIRIE MN 55344
Brandon F. Lombardi officer: Chief Legal Officer 11811 N. TATUM BOULEVARD SUITE 2400, PHOENIX AZ 85028
Stacy W. Hilgendorf officer: VP, Controller 14624 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85254
Timmi Zalatoris officer: Chief Human Resources Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
David Mcglinchey officer: Chief Merchandising Officer 5455 E. HIGH STREET, SUITE 111, PHOENIX AZ 85054
Nicholas Konat officer: President & COO 10850 VIA FRONTERA, SAN DIEGO CA 92127