Sprouts Other Current Liab vs Inventory Analysis

SFM Stock  USD 145.15  4.50  3.20%   
Sprouts Farmers financial indicator trend analysis is much more than just breaking down Sprouts Farmers Market prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprouts Farmers Market is a good investment. Please check the relationship between Sprouts Farmers Other Current Liab and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Other Current Liab vs Inventory

Other Current Liab vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprouts Farmers Market Other Current Liab account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sprouts Farmers' Other Current Liab and Inventory is 0.76. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Inventory in the same time period over historical financial statements of Sprouts Farmers Market, assuming nothing else is changed. The correlation between historical values of Sprouts Farmers' Other Current Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Sprouts Farmers Market are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Liab i.e., Sprouts Farmers' Other Current Liab and Inventory go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Inventory

Most indicators from Sprouts Farmers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprouts Farmers Market current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
As of the 10th of November 2024, Selling General Administrative is likely to drop to about 1.1 B. In addition to that, Tax Provision is likely to drop to about 76.1 M
 2021 2022 2023 2024 (projected)
Interest Expense11.7M9.0M12.6M15.4M
Depreciation And Amortization234.1M244.4M259.1M137.1M

Sprouts Farmers fundamental ratios Correlations

-0.33-0.44-0.46-0.28-0.090.14-0.380.04-0.45-0.20.02-0.21-0.350.23-0.10.36-0.21-0.210.310.67-0.42-0.190.070.18-0.39
-0.330.950.850.990.860.30.990.30.920.620.530.781.0-0.130.26-0.490.780.440.55-0.390.960.910.470.670.98
-0.440.950.760.90.670.090.970.330.990.450.430.710.96-0.170.29-0.380.710.280.37-0.521.00.790.330.460.99
-0.460.850.760.860.790.290.830.110.730.780.330.720.84-0.130.32-0.710.720.620.43-0.530.770.760.360.540.8
-0.280.990.90.860.890.410.970.230.870.620.580.760.98-0.120.29-0.480.760.480.59-0.330.920.940.560.710.95
-0.090.860.670.790.890.390.80.340.60.840.420.830.82-0.080.18-0.660.830.530.67-0.120.670.830.550.860.74
0.140.30.090.290.410.390.26-0.530.120.070.83-0.090.290.14-0.060.13-0.090.630.550.20.190.660.460.50.24
-0.380.990.970.830.970.80.260.30.950.560.510.741.0-0.130.3-0.470.740.410.46-0.430.980.890.430.590.99
0.040.30.330.110.230.34-0.530.30.270.41-0.390.560.3-0.060.18-0.460.56-0.250.120.020.270.030.040.250.26
-0.450.920.990.730.870.60.120.950.270.360.470.620.94-0.130.29-0.310.620.290.34-0.530.990.780.280.40.98
-0.20.620.450.780.620.840.070.560.410.360.020.790.58-0.090.12-0.920.790.540.44-0.230.430.50.260.660.48
0.020.530.430.330.580.420.830.51-0.390.470.020.050.530.07-0.090.190.050.530.610.030.510.790.40.560.53
-0.210.780.710.720.760.83-0.090.740.560.620.790.050.75-0.310.18-0.661.00.140.42-0.270.670.570.50.630.71
-0.351.00.960.840.980.820.291.00.30.940.580.530.75-0.110.29-0.470.750.430.52-0.410.970.90.430.640.99
0.23-0.13-0.17-0.13-0.12-0.080.14-0.13-0.06-0.13-0.090.07-0.31-0.110.160.03-0.310.260.140.33-0.15-0.1-0.450.17-0.15
-0.10.260.290.320.290.18-0.060.30.180.290.12-0.090.180.290.16-0.20.18-0.160.05-0.030.270.130.160.070.28
0.36-0.49-0.38-0.71-0.48-0.660.13-0.47-0.46-0.31-0.920.19-0.66-0.470.03-0.2-0.66-0.45-0.120.36-0.34-0.31-0.07-0.4-0.38
-0.210.780.710.720.760.83-0.090.740.560.620.790.051.00.75-0.310.18-0.660.140.42-0.270.670.570.50.630.71
-0.210.440.280.620.480.530.630.41-0.250.290.540.530.140.430.26-0.16-0.450.140.48-0.260.340.6-0.050.510.37
0.310.550.370.430.590.670.550.460.120.340.440.610.420.520.140.05-0.120.420.480.150.410.660.340.840.46
0.67-0.39-0.52-0.53-0.33-0.120.2-0.430.02-0.53-0.230.03-0.27-0.410.33-0.030.36-0.27-0.260.15-0.5-0.220.190.17-0.46
-0.420.961.00.770.920.670.190.980.270.990.430.510.670.97-0.150.27-0.340.670.340.41-0.50.830.350.491.0
-0.190.910.790.760.940.830.660.890.030.780.50.790.570.9-0.10.13-0.310.570.60.66-0.220.830.580.740.87
0.070.470.330.360.560.550.460.430.040.280.260.40.50.43-0.450.16-0.070.5-0.050.340.190.350.580.450.41
0.180.670.460.540.710.860.50.590.250.40.660.560.630.640.170.07-0.40.630.510.840.170.490.740.450.55
-0.390.980.990.80.950.740.240.990.260.980.480.530.710.99-0.150.28-0.380.710.370.46-0.461.00.870.410.55
Click cells to compare fundamentals

Sprouts Farmers Account Relationship Matchups

Sprouts Farmers fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding119.7M118.2M116.1M109.1M103.4M102.5M
Total Assets2.7B2.8B2.9B3.1B3.3B2.1B
Short Long Term Debt Total1.7B1.5B1.5B1.5B1.7B963.9M
Other Current Liab48.6M220.1M214.7M212.9M239.6M251.6M
Total Current Liabilities416.8M496.1M513.5M522.4M546.9M357.0M
Total Stockholder Equity582.0M881.3M959.9M1.0B1.1B779.1M
Other Liab91.3M93.2M94.2M97.5M112.1M109.3M
Property Plant And Equipment Net1.8B1.8B1.8B1.8B2.1B1.1B
Current Deferred Revenue(35.3M)(34.2M)54.4M58.1M52.3M27.0M
Net Debt1.6B1.3B1.3B1.2B1.5B840.8M
Retained Earnings(84.4M)203.0M258.8M320.0M373.6M392.3M
Accounts Payable261.3M139.3M145.9M172.9M179.9M173.5M
Cash85.3M169.7M245.3M293.2M201.8M123.1M
Non Current Assets Total2.3B2.3B2.4B2.4B2.7B1.7B
Non Currrent Assets Other11.7M14.7M13.5M(47.2M)12.3M12.9M
Other Assets11.7M1.1B13.5M14.0M16.1M15.3M
Long Term Debt473.5M572.6M538M250M125M118.8M
Cash And Short Term Investments85.3M169.7M245.3M293.2M201.8M123.1M
Net Receivables15.7M14.8M21.6M16.1M53.9M56.6M
Common Stock Total Equity117K118K111K105K94.5K99.2K
Liabilities And Stockholders Equity2.7B2.8B2.9B3.1B3.3B2.1B
Non Current Liabilities Total1.7B1.4B1.4B1.5B1.6B1.0B
Inventory276.0M254.2M265.4M310.5M323.2M229.8M
Other Current Assets10.8M27.2M35.5M53.9M770K731.5K
Other Stockholder Equity671.0M686.6M704.7M726.3M774.8M711.7M
Total Liab2.1B1.9B2.0B2.0B2.2B1.4B
Property Plant And Equipment Gross1.8B1.8B1.8B1.8B3.1B3.3B
Total Current Assets387.8M466.0M567.7M673.8M603.8M407.3M
Accumulated Other Comprehensive Income(784K)1.1M(4.7M)(8.5M)(3.8M)0.0
Short Term Debt106.9M136.7M152.8M136.6M127.3M64.2M
Intangible Assets196.2M194.8M185.4M185.0M208.1M154.6M
Common Stock117K118K111K105K101K100.7K
Property Plant Equipment1.8B726.5M716.0M722.2M830.6M718.8M
Net Tangible Assets28.5M327.5M406.0M492.6M566.5M594.8M
Capital Surpluse671.0M686.6M704.7M726.3M835.3M699.2M
Non Current Liabilities Other17.5M1.4B1.4B1.4B13.4M12.8M

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When determining whether Sprouts Farmers Market is a strong investment it is important to analyze Sprouts Farmers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sprouts Farmers' future performance. For an informed investment choice regarding Sprouts Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sprouts Farmers. If investors know Sprouts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sprouts Farmers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.422
Earnings Share
3.45
Revenue Per Share
73.652
Quarterly Revenue Growth
0.136
Return On Assets
0.0855
The market value of Sprouts Farmers Market is measured differently than its book value, which is the value of Sprouts that is recorded on the company's balance sheet. Investors also form their own opinion of Sprouts Farmers' value that differs from its market value or its book value, called intrinsic value, which is Sprouts Farmers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprouts Farmers' market value can be influenced by many factors that don't directly affect Sprouts Farmers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprouts Farmers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprouts Farmers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprouts Farmers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.