Days Inventory is also known as Days Sales of Inventory (DSI). Sleep Number's Average Total Inventories for the
three
months ended in Mar. 2024 was $108 Mil. Sleep Number's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $194 Mil.
Hence, Sleep Number's Days Inventory for the
three
months ended in Mar. 2024 was 50.81.
The historical rank and industry rank for Sleep Number's Days Inventory or its related term are showing as below:
SNBR'
s Days Inventory Range Over the Past 10 Years
Min: 38 Med: 49.85 Max: 58.86
Current: 53.63
During the past 13 years, Sleep Number's highest Days Inventory was 58.86. The lowest was 38.00. And the median was 49.85.
SNBR's Days Inventory is ranked better than 83.25% of 406
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.195
vs SNBR: 53.63
Sleep Number's Days Inventory
increased
from Mar. 2023 (48.70) to Mar. 2024 (50.81).
It might indicate that Sleep Number's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sleep Number's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.80.
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.
Sleep Number's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.23.
Sleep Number Days Inventory Historical Data
The historical data trend for Sleep Number'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.
Competitive Comparison of Sleep Number's Days Inventory
For the Furnishings, Fixtures & Appliances subindustry, Sleep Number'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.
Sleep Number's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sleep Number's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sleep Number's Days Inventory falls into.
Sleep Number Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sleep Number's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Sleep Number (NAS:SNBR) 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.
Sleep Number's Inventory Turnover for the
three
months ended in Mar. 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.
Sleep Number's Inventory to Revenue for the
three
months ended in Mar. 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.
Sleep Number Days Inventory Related Terms
Thank you for viewing the detailed overview of Sleep Number's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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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