AutoCanada (AutoCanada) Change In Inventory : $-130 Mil (TTM As of Dec. 2023)

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What is AutoCanada Change In Inventory?

AutoCanada's change in inventory for the quarter that ended in Dec. 2023 was $-78 Mil. It means AutoCanada's inventory increased by $78 Mil from Sep. 2023 to Dec. 2023 .

AutoCanada's change in inventory for the fiscal year that ended in Dec. 2023 was $-131 Mil. It means AutoCanada's inventory increased by $131 Mil from Dec. 2022 to Dec. 2023 .

AutoCanada's Total Inventories for the quarter that ended in Dec. 2023 was $860 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AutoCanada's Days Inventory for the quarter that ended in Dec. 2023 was 81.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. AutoCanada's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.12.

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. AutoCanada's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.74.

AutoCanada Change In Inventory Historical Data

The historical data trend for AutoCanada's Change In 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.

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AutoCanada Change In Inventory Chart

AutoCanada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-63.34

106.98

-3.95

-164.82

-131.11

AutoCanada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-5.68	-6.56	10.37	-56.08	-78.13

AutoCanada Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-130 Mil.

AutoCanada (OTCPK:AOCIF) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

AutoCanada's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	818.287	/	913.798	*	365 / 4
	=	81.71

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

AutoCanada's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	913.798	/	818.287
	=	1.12

3. 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.

AutoCanada's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	818.287	/	1105.988
	=	0.74

AutoCanada Change In Inventory Related Terms

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AutoCanada (AutoCanada) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AutoCanada Inc (OTCPK:AOCIF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

ACQ:Canada

Address

15511 123 Avenue NW, Suite 200, Edmonton, AB, CAN, T5V 0C3

Website

https://www.autocan.ca

AutoCanada Inc operates car dealerships in Canada. The company offers new and used vehicles, spare parts, maintenance services, and customer financing. AutoCanada retails brands such as Chrysler, Dodge, Jeep, Ram, Cadillac, Chevrolet, Buick, GMC, Audi, Volkswagen, BMW, Mini, Infiniti, Nissan, Hyundai, Kia, Fiat, Mitsubishi, and Subaru. The majority of revenue is generated in the new-vehicles sales segment.

AutoCanada (AutoCanada) Headlines

From GuruFocus

AutoCanada Announces Management and Board Changes

By PRNewswire PRNewswire • 08-15-2018

AutoCanada Acknowledges Receipt of Letter from Clearwater

By PRNewswire PRNewswire • 06-12-2018

AutoCanada Acquires Illinois Based Grossinger Auto Group

By PRNewswire PRNewswire • 03-22-2018

AutoCanada Announces Executive Appointments

By PRNewswire PRNewswire • 08-22-2018

AutoCanada Appoints Michael Rawluk as President

By PRNewswire PRNewswire • 07-03-2018

AutoCanada commences litigation against Patrick Priestner and Canada One Auto Group

By PRNewswire PRNewswire • 02-06-2019

AutoCanada, Patrick Priestner and CanadaOne Auto Group Settle Outstanding Litigation

By PRNewswire • 09-08-2023

AutoCanada Provides Operational Update in Response to COVID-19

By PRNewswire PRNewswire • 03-25-2020