Sonos Inventory Turnover Ratio 2016-2023 | SONO
Sonos inventory turnover ratio from 2016 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period.
| Sonos Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Consumer Discretionary |
Audio & Video Home Production |
$2.214B |
$1.655B |
|
Sonos operates as a consumer electronics company that is primarily involved in the manufacturing of smart speakers with immersive sound experience. The company leverages evolving consumer technology and entertainment trends to be on par with the audio consumption patterns of customers that is largely characterized by fast-tracked adoption of voice assistants and streaming services. Catering to a varied base of developers, customers and content partners, the company is well poised to capitalize on the potential market opportunities in the booming home audio market. Also, the speakers are specifically designed to deliver a seamless customer experience in a multi-user and open platform environment, thanks to its proprietary software platform. Its product portfolio includes Sonos speakers, Sonos System Products, and Partner Products and Other Revenue category.
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