GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sprouts Farmers Market Inc (FRA:1FA) » Definitions » Inventory-to-Revenue

Sprouts Farmers Market (FRA:1FA) Inventory-to-Revenue : 0.17 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Sprouts Farmers Market Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Mar. 2024 was €294 Mil. Sprouts Farmers Market's Revenue for the three months ended in Mar. 2024 was €1,733 Mil. Sprouts Farmers Market's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.

Sprouts Farmers Market's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.19) to Dec. 2023 (0.17)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

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 three months ended in Mar. 2024 was 25.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sprouts Farmers Market's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.64.


Sprouts Farmers Market Inventory-to-Revenue Historical Data

The historical data trend for Sprouts Farmers Market's Inventory-to-Revenue 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.

Sprouts Farmers Market Inventory-to-Revenue Chart

Sprouts Farmers Market Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.04 0.04 0.05

Sprouts Farmers Market Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue 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 0.18 0.19 0.19 0.19 0.17

Competitive Comparison of Sprouts Farmers Market's Inventory-to-Revenue

For the Grocery Stores subindustry, Sprouts Farmers Market's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Sprouts Farmers Market's Inventory-to-Revenue Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sprouts Farmers Market's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sprouts Farmers Market's Inventory-to-Revenue falls into.



Sprouts Farmers Market Inventory-to-Revenue Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (293.154 + 296.373) / 2 ) / 6269.881
=294.7635 / 6269.881
=0.05

Sprouts Farmers Market's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (296.373 + 290.906) / 2 ) / 1733.103
=293.6395 / 1733.103
=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.


Sprouts Farmers Market  (FRA:1FA) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=293.6395/1068.575*365 / 4
=25.08

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

Sprouts Farmers Market's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1068.575 / 293.6395
=3.64

* 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 Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Sprouts Farmers Market's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprouts Farmers Market (FRA:1FA) Business Description

Traded in Other Exchanges
Address
5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054
Sprouts Farmers Market is an American specialty grocer offering an assortment highlighting fresh and naturally derived products. Its offerings are especially focused on produce, which constituted around 20% of sales in fiscal 2022. Founded in 2002, the chain is most heavily concentrated in California, which accounted for over one third of its 386 stores as of the end of fiscal 2022. All of the company's operations are in the United States, with its stores largely located in the southern half of the country. Private-label products accounted for nearly 20% of sales in fiscal 2022.

Sprouts Farmers Market (FRA:1FA) Headlines

No Headlines