AutoZone's change in inventory for the quarter that ended in Feb. 2024 was $-177 Mil. It means AutoZone's inventory
increased by $177 Mil
from Nov. 2023 to Feb. 2024 .
AutoZone's change in inventory for the fiscal year that ended in Aug. 2023 was $-89 Mil. It means AutoZone's inventory
increased by $89 Mil
from Aug. 2022 to Aug. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AutoZone's Days Inventory for the quarter that ended in Feb. 2024 was 301.13.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AutoZone's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.30.
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.
AutoZone's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.52.
AutoZone Change In Inventory Historical Data
The historical data trend for AutoZone'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.
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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-126 Mil.
* 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.
AutoZone (NYSE:AZO) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AutoZone's Days Inventory for the quarter that ended in is calculated as:
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.
AutoZone's Inventory to Revenue for the quarter that ended in Feb. 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.
AutoZone Change In Inventory Related Terms
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AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic commercial customers, although its presence in its home market is still dominated by its do-it-yourself operation, which accounts for around 70% of sales in country. AutoZone also has a growing presence in Mexico and Brazil. AutoZone had 7,140 stores in the U.S. (6,300), Mexico (740), and Brazil (100) as of the end of fiscal 2023.
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