Snap One Holdings (STU:8W1) Change In Inventory : €59.4 Mil (TTM As of Mar. 2024)

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What is Snap One Holdings Change In Inventory?

Snap One Holdings's change in inventory for the quarter that ended in Mar. 2024 was €17.0 Mil. It means Snap One Holdings's inventory declined by €17.0 Mil from Dec. 2023 to Mar. 2024 .

Snap One Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was €43.1 Mil. It means Snap One Holdings's inventory declined by €43.1 Mil from Dec. 2022 to Dec. 2023 .

Snap One Holdings's Total Inventories for the quarter that ended in Mar. 2024 was €229.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Snap One Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 171.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Snap One Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.53.

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. Snap One Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.

Snap One Holdings Change In Inventory Historical Data

The historical data trend for Snap One Holdings'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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Snap One Holdings Change In Inventory Chart

Snap One Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-8.40

6.46

-45.88

-95.22

43.07

Snap One Holdings Quarterly Data
	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													1.13	19.84	14.73	7.84	16.96

Snap One Holdings 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 €59.4 Mil.

Snap One Holdings (STU:8W1) Change In Inventory Explanation

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

Snap One Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	237.8925	/	126.602	*	365 / 4
	=	171.46

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

Snap One Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	126.602	/	237.8925
	=	0.53

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.

Snap One Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	237.8925	/	226.392
	=	1.05

Snap One Holdings Change In Inventory Related Terms

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Snap One Holdings (STU:8W1) Business Description

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SNPO:USA

Address

1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273

Website

https://www.snapone.com

Snap One Holdings Corp provides products, services, and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and business end users. The Company's hardware and software portfolio includes proprietary and third-party offerings across connected, infrastructure, and entertainment categories. Additionally, the Company provides value-added services and workflow solutions to support integrators throughout the project lifecycle, enhancing their operations.

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