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Sonos (SONO) Days Payable : 50.34 (As of Dec. 2023)


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What is Sonos Days Payable?

Sonos's average Accounts Payable for the three months ended in Dec. 2023 was $182 Mil. Sonos's Cost of Goods Sold for the three months ended in Dec. 2023 was $330 Mil. Hence, Sonos's Days Payable for the three months ended in Dec. 2023 was 50.34.

The historical rank and industry rank for Sonos's Days Payable or its related term are showing as below:

SONO' s Days Payable Range Over the Past 10 Years
Min: 57.09   Med: 97.74   Max: 121.51
Current: 77.26

During the past 9 years, Sonos's highest Days Payable was 121.51. The lowest was 57.09. And the median was 97.74.

SONO's Days Payable is ranked better than
57.3% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs SONO: 77.26

Sonos's Days Payable declined from Dec. 2022 (67.32) to Dec. 2023 (50.34). It may suggest that Sonos accelerated paying its suppliers.


Sonos Days Payable Historical Data

The historical data trend for Sonos's Days Payable 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 Days Payable Chart

Sonos Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only 111.24 121.51 93.65 105.14 101.82

Sonos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 67.32 110.97 75.26 86.79 50.34

Competitive Comparison of Sonos's Days Payable

For the Consumer Electronics subindustry, Sonos's Days Payable, along with its competitors' market caps and Days Payable 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.


Sonos's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sonos's Days Payable distribution charts can be found below:

* The bar in red indicates where Sonos's Days Payable falls into.



Sonos Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sonos's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (335.758 + 187.981) / 2 ) / 938.765*365
=261.8695 / 938.765*365
=101.82

Sonos's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (187.981 + 176.365) / 2 ) / 330.19*365 / 4
=182.173 / 330.19*365 / 4
=50.34

* 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.


Sonos Days Payable Related Terms

Thank you for viewing the detailed overview of Sonos's Days Payable 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