On this page of Benford's Law Stocks.com we present our study of SPORTSMAN'S WAREHOUSE HOLDINGS, INC. — ticker symbol SPWH. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/9/2020 to 12/11/2024 for SPORTSMAN'S WAREHOUSE HOLDINGS, INC. under CIK number 0001132105. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for SPWH, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for SPORTSMAN'S WAREHOUSE HOLDINGS, INC. based on the past SPWH filings our system processed in the past.
25.0
16.4
23.1
5.6
7.7
5.2
7.1
5.2
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, SPWH stockholder letter ]
Total numbers found: 519
Recent share count: 37,848,369 (3's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
519
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
66

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the typical coverage universe range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 3, we canceled the penalty multiplier.
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was above the company's typical historical range.
 • We deducted points upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
SPWH
Low score compared to other filers, falling in the bottom quartile.
MCAA
ONCT
NNVC
OUNZ
MRAI
QRHC
VFF
SMCE
Check our work! We provide our SPORTSMAN'S WAREHOUSE HOLDINGS, INC. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the SPWH filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 130 numbers that start with the digit 1. Here they are:
1,447
19,745
175,181
194,452
1,496
1,496
112,690
126
130,042
126,043
100,000
158,047
182,383
103,088
103,185
100,113
17,404
162
1,331
192,453
1,331
1,331
191,122
158,411
166
1
147
148
1,047
1,047
158,047
1,128
1,615
1,649
1,649
1
191,122
182,383
103
1
101
1
158,047
114
1,051
10,539
1,554
18,671
16,637
11,305
11,250
1,670
1,649
1,135
1,554
14,620
146
1,659
1,099
1,263
1,137
15,656
11.7
11.1
12.5
12.1
10.9
11.9
10.3
100.0
100.0
100.0
100.0
173,406
170,713
1,694
1,367
175,181
194,452
16,031
14,361
13,051
10,507
18,863
11,769
1,939
14,620
17,226
16,448
18,283
16,702
14,620
18,699
188,195
108,967
1,031
1,136
18,000
10
1.0
10.74
10
1,031
145,684
135,272
15,642
130,064
1.00
1.35
1.60
10
113
114
1,104,501
1,008,743
162
1,331
1,047
1,740
1,600
121
11.28
1,354
1,058
1,354
147
1,831
12.16
10.45
10.31
We found 85 numbers that start with the digit 2. Here they are:
2,666
2,119
20,078
282
23,969
20,000
243,570
264,556
221,173
237,384
266,892
284,046
288,727
21,835
24,336
20,258
272,714
272,256
243,035
2
2
243,570
212,995
293,113
2,748
2,748
2,748
20,258
20,258
272,256
264,556
296
297
208
209
24,336
24,336
243,570
24,336
20,258
28,367
217
24,493
220
26,081
25,000
208
2,748
296
29,446
2,389
2,666
2,915
260
2,321
26,885
2,476
2,513
2,820
231,040
226,787
230,959
204,415
23,245
22,307
25,000
23,969
23,969
25,000
20,000
25,000
25,000
25,000
25,000
2,000
25
20
225
23.2
24.8
21.0
24,336
20,258
2,614
221
We found 120 numbers that start with the digit 3. Here they are:
33
33
37,957,282
3,141
354,710
380,048
320,729
309,377
327
386,692
314,649
313,454
307,000
337,423
307,000
37,957
37,529
379
375
324,261
340,569
301,450
3,115
3,072
3,317
3,944
364
37,869
37,393
37,729
37,500
37,869
37,393
37,729
37,500
37,381
374
30
37,411
374
37,848
378
364
364
37,957
379
37,541
375
326
3
3
3,341
3,341
37,411
374
37,529
375
3,438
3,438
37,957
379
30,491
3,239
3,438
3,341
3,999
3,141
3,583
32
35.0
30,541
3,287
3,464
329
3,086
338
398,867
34,080
38,044
3,814
31
385
327
362,320
313,454
362,320
3.50
390
38
38
355,522
358,266
357,050
377,561
364
37,869
37,393
37,729
37,500
37,869
37,393
37,729
37,500
354
3,438
3,341
3.09
36
36
30
3.09
3.09
3.32
313
36
3.12
3.96
3.12
314
324
4's 5's 6's
We found 29 numbers that start with the digit 4. Here they are:
438,136
462,517
48,866
48,693
457
459
456
457
430
4
4
45
45
47,196
4,413
456
475
4.0
4,340
406,140
48,165
471,287
48,866
45,000
459
483
454,707
434
4.18
We found 40 numbers that start with the digit 5. Here they are:
523
505
56,122
590,343
54
54
57
529
529
5
529
501
56,128
55
5,611
526
52,314
583
5.9
57.9
55.8
56.2
56.0
5,170
5,129
51,385
5,926
5,474
55,885
51,849
52,314
57,501
508
50
50
503
52.6
54
54
545,293
We found 27 numbers that start with the digit 6. Here they are:
621,649
633,547
6,664
65
65
6,975
6,664
673
649
6.9
6.1
6.6
6.1
69,995
65,861
63,761
6.50
6.38
6,664
65
65
685
665
64
6.20
64
6.12
7's 8's 9's
We found 37 numbers that start with the digit 7. Here they are:
7,480
724,115
7,364
79,887
79,743
73
7,964
7,403
71,170
71,170
774
7.4
7.7
7.1
7.9
7.1
7,909
7.61
7.76
72,751
70,380
7.9
72
76
7.01
7,364
72
783
7.72
79
754
7.25
7.13
7.31
721
754
7.25
We found 27 numbers that start with the digit 8. Here they are:
886,205
83,665
85,144
81,798
886,205
857,235
80,760
84,246
85,144
80,760
81,798
85,144
83,426
88,333
8,551
8.3
8.4
8.1
83,665
80.2
827
874
874
8.40
874
8.40
837
We found 24 numbers that start with the digit 9. Here they are:
967,685
95,094
967,685
917,593
99,973
9,408
9,518
92
92
965
965
9,727
97,885
9,013
95,094
93
994
9,230
970,999
969,226
965
9.03
9.67
9.10
While the above SPWH 10Q Filed 12/11/2024 is interesting in isolation, we have found that it is also useful to take a look at older SPORTSMAN'S WAREHOUSE HOLDINGS, INC. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 12/11/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical SPWH 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

25.0
16.4
23.1
5.6
7.7
5.2
7.1
5.2
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 519

= Typical SPWH range from 4/9/2020 to 12/11/2024
25.4
17.5
14.5
9.7
9.2
6.7
6.8
5.5
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 599

= Typical SPWH range from 4/9/2020 to 12/11/2024
28.2
16.6
15.8
9.7
6.7
7.0
4.6
3.5
8.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL?   [ original filing ]
Total numbers found: 373

= Typical SPWH range from 4/9/2020 to 12/11/2024
25.1
21.6
9.3
14.5
11.7
5.7
3.8
3.8
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 505

= Typical SPWH range from 4/9/2020 to 12/11/2024
24.5
22.7
8.2
16.6
7.8
6.7
4.1
6.3
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 511

= Typical SPWH range from 4/9/2020 to 12/11/2024
21.9
24.8
11.3
13.0
8.0
4.8
5.8
5.2
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 690

= Typical SPWH range from 4/9/2020 to 12/11/2024
32.1
19.6
11.5
10.6
8.0
5.3
4.8
4.8
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 786

= Typical SPWH range from 4/9/2020 to 12/11/2024
25.4
18.1
20.8
6.6
8.6
5.7
7.1
4.0
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 547

= Typical SPWH range from 4/9/2020 to 12/11/2024
26.0
16.8
18.1
8.6
8.0
6.5
6.7
4.2
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 524

= Typical SPWH range from 4/9/2020 to 12/11/2024
25.3
21.2
12.3
10.7
9.8
5.8
4.2
4.8
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 643

= Typical SPWH range from 4/9/2020 to 12/11/2024
31.1
19.9
8.4
13.4
10.6
6.0
3.0
3.0
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 367

= Typical SPWH range from 4/9/2020 to 12/11/2024
25.0
22.4
10.0
17.2
5.9
7.8
4.3
5.7
1.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 43
XBRL?   [ original filing ]
Total numbers found: 460

= Typical SPWH range from 4/9/2020 to 12/11/2024
24.4
22.4
10.4
14.6
5.8
8.0
3.9
6.3
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL?   [ original filing ]
Total numbers found: 589

= Typical SPWH range from 4/9/2020 to 12/11/2024
28.1
18.8
10.9
10.3
8.7
5.6
5.9
6.6
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 1,732

= Typical SPWH range from 4/9/2020 to 12/11/2024
26.5
14.2
21.1
7.0
7.5
5.6
5.3
7.0
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 374

= Typical SPWH range from 4/9/2020 to 12/11/2024
25.1
17.4
15.7
10.2
12.5
4.3
7.2
2.1
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 44
XBRL?   [ original filing ]
Total numbers found: 530

= Typical SPWH range from 4/9/2020 to 12/11/2024
28.1
17.9
11.8
13.9
8.8
7.1
5.1
3.7
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 509

= Typical SPWH range from 4/9/2020 to 12/11/2024
23.1
23.8
11.2
12.3
9.2
5.1
5.1
4.8
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 661

= Typical SPWH range from 4/9/2020 to 12/11/2024
26.6
23.5
9.0
12.7
10.6
5.7
5.4
4.4
2.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 387

= Typical SPWH range from 4/9/2020 to 12/11/2024
26.5
17.8
12.3
15.8
6.8
5.0
5.7
5.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 562

= Typical SPWH range from 4/9/2020 to 12/11/2024
 

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