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SNBR (Sleep Number) Days Inventory : 53.78 (As of Jun. 2024)


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What is Sleep Number Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sleep Number's Average Total Inventories for the three months ended in Jun. 2024 was $98 Mil. Sleep Number's Cost of Goods Sold for the three months ended in Jun. 2024 was $167 Mil. Hence, Sleep Number's Days Inventory for the three months ended in Jun. 2024 was 53.78.

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: 53.57

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
82.48% of 411 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 101.82 vs SNBR: 53.57

Sleep Number's Days Inventory declined from Jun. 2023 (55.87) to Jun. 2024 (53.78).

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 Jun. 2024 was 1.70.

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 Jun. 2024 was 0.24.


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.

* Premium members only.

Sleep Number Days Inventory Chart

Sleep Number Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.54 43.88 39.40 43.96 52.42

Sleep Number Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Inventory 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 55.87 53.80 56.64 50.81 53.78

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

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (114.034 + 115.433) / 2 ) / 798.952*365
=114.7335 / 798.952*365
=52.42

Sleep Number's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (100.904 + 95.845) / 2 ) / 166.923*365 / 4
=98.3745 / 166.923*365 / 4
=53.78

* 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 Jun. 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 Jun. 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 Business Description

Traded in Other Exchanges
Address
1001 Third Avenue South, Minneapolis, MN, USA, 55404
Sleep Number Corp. is a wellness technology company engaged in the design, manufacturing, marketing and distribution of sleep solutions. The Company generates revenue by marketing and selling its smart beds directly to new and existing customers through its vertically integrated, exclusive, direct-to-consumer retail touch points including Stores, Online, Phone, and Chat (Total Retail). The products offered by the company are Mattresses, Bedding, Pillows and Furniture.
Executives
Samuel R Hellfeld officer: SVP Chief Legal & Risk Officer 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Francis K Lee officer: EVP & CFO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Julie Howard director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Michael J Harrison director 200 DOMAIN DRIVE, STRATHAM NH 03885
Joel Joseph Laing officer: Treasurer & CAO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Angel L Mendez director C/O SLEEP NUMBER CORPORATION, 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Phillip Eyler director C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Kevin Kennedy Brown officer: SVP and CMO 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Christopher D Krusmark officer: SVP & Chief H.R. Officer 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Daniel Alegre director 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55317
Jean Michel Valette director 28 MAPLE AVE, KENTFIELD CT 06897
Melissa Barra officer: SVP, Chief Strategy & CRO 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Shelly Radue Ibach officer: Senior VP - U.S. Retail Sales 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Robert Joseph Poirier officer: VP, CAO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55442

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