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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:
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.
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.
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.
Sprouts Farmers Market Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 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 | 27.00 | 27.37 | 25.12 | 24.92 | 24.81 |
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.
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.
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
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 1204.812 | / | 327.525 | |
= | 3.68 |
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
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 327.525 | / | 1945.735 | |
= | 0.17 |
* 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.
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.
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 |
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