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Sleep Number (FRA:SL2) Change In Receivables : €-5 Mil (TTM As of Mar. 2024)


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What is Sleep Number Change In Receivables?

Sleep Number's change in receivables for the quarter that ended in Mar. 2024 was €6 Mil. It means Sleep Number's Accounts Receivable declined by €6 Mil from Dec. 2023 to Mar. 2024 .

Sleep Number's change in receivables for the fiscal year that ended in Dec. 2023 was €-1 Mil. It means Sleep Number's Accounts Receivable increased by €1 Mil from Dec. 2022 to Dec. 2023 .

Sleep Number's Accounts Receivable for the quarter that ended in Mar. 2024 was €20 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Sleep Number's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sleep Number's liquidation value for the three months ended in Mar. 2024 was €-1,183 Mil.


Sleep Number Change In Receivables Historical Data

The historical data trend for Sleep Number's Change In Receivables 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.

Sleep Number Change In Receivables Chart

Sleep Number Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.34 -9.78 5.45 -0.27 -0.78

Sleep Number Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 10.70 -8.82 5.13 -7.55 6.08

Sleep Number Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables 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 €-5 Mil.

* 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.


Sleep Number  (FRA:SL2) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Sleep Number's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.086/432.813*91
=4.23

2. In Ben Graham's calculation of liquidation value, Sleep Number's accounts receivable are only considered to be worth 75% of book value:

Sleep Number's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.903-1245.989+0.75 * 20.086+0.5 * 92.832
=-1,183

* 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.


Sleep Number Change In Receivables Related Terms

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Sleep Number (FRA:SL2) Business Description

Traded in Other Exchanges
Address
1001 Third Avenue South, Minneapolis, MN, USA, 55404
Sleep Number Corp. offers individualized mattresses and sleep solutions. Consumers can customize Sleep Number bedding to suit their comforts. The company utilizes algorithms and biometric data for customizations. Revenue is generated through marketing and selling bedding through two distribution channels: company-controlled, including direct-to-consumer retail and online sales; and wholesale, which sells through selected wholesale and retail customers. Almost all revenue comes from company-controlled retail sales. Sleep Number Corp. sells its products throughout the United States.

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