GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Snap One Holdings Corp (NAS:SNPO) » Definitions » Total Inventories

Snap One Holdings (Snap One Holdings) Total Inventories : $249 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Snap One Holdings Total Inventories?

Snap One Holdings's total inventories for the quarter that ended in Mar. 2024 was $249 Mil. Snap One Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $259 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Snap One Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-7.99.

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 three months ended in Mar. 2024 was 171.75.

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 Total Inventories Historical Data

The historical data trend for Snap One Holdings's Total Inventories 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.

Snap One Holdings Total Inventories Chart

Snap One Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
165.35 157.10 210.96 314.59 268.79

Snap One Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 313.56 292.53 275.47 268.79 249.24

Snap One Holdings Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Snap One Holdings  (NAS:SNPO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Snap One Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(41.251+0.75 * 45.34+0.5 * 249.241-811.246
-0-0)/76.472
=-7.99

2. 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 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
=259.017/137.611*365 / 4
=171.75

3. 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 (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=137.611 / 259.017
=0.53

4. 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 (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=259.017 / 246.078
=1.05

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Snap One Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Snap One Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Snap One Holdings (Snap One Holdings) Business Description

Traded in Other Exchanges
Address
1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273
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.
Executives
John H Heyman director, officer: Chief Executive Officer 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Ryan Francis Marsh other: Executive VP of Sales C/O SNAP ONE HOLDINGS CORP.,, 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Kathleen Ann Creech officer: Chief People Officer C/O SNAP ONE HOLDINGS CORP., 1800, CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Jefferson Dungan officer: Chief Operations Officer C/O CONTROL4 CORPORATION, 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
Thomas Hendrickson director 16234 SANDSTONE DRIVE, MORRISON CO 80465
Michael Carlet officer: Chief Financial Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Galen Paul Hess officer: Chief Product Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Jeffrey Hindman officer: Chief Revenue Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Joshua D. Ellis officer: Chief Legal Officer CONTROL4 CORP., 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
H&f Associates Viii, L.p. 10 percent owner ONE MARITINE PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
H&f Corporate Investors Viii, Ltd. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
Hellman & Friedman Investors Viii, L.p. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
H&f Executives Viii, L.p. 10 percent owner ONE MARITIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Hellman & Friedman Capital Partners Viii, L.p. 10 percent owner ONE MARITINE PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111