Credit Acceptance's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Credit Acceptance's inventory
stayed the same
from Sep. 2023 to Dec. 2023 .
Credit Acceptance's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Credit Acceptance's inventory
stayed the same
from Dec. 2022 to Dec. 2023 .
Credit Acceptance's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Credit Acceptance's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
Credit Acceptance's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.
Credit Acceptance Change In Inventory Historical Data
The historical data trend for Credit Acceptance'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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.
Credit Acceptance (NAS:CACC) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Credit Acceptance'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.
Credit Acceptance's Inventory to Revenue for the quarter that ended in Dec. 2023 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.
Credit Acceptance Change In Inventory Related Terms
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Credit Acceptance (Credit Acceptance) Business Description
Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.
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