Monro (MNRO) Change In Inventory

: $-19 Mil (TTM As of Dec. 2023)

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Monro's change in inventory for the quarter that ended in Dec. 2023 was $-14 Mil. It means Monro's inventory increased by $14 Mil from Sep. 2023 to Dec. 2023 .

Monro's change in inventory for the fiscal year that ended in Mar. 2023 was $-18 Mil. It means Monro's inventory increased by $18 Mil from Mar. 2022 to Mar. 2023 .

Monro's Total Inventories for the quarter that ended in Dec. 2023 was $160 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Monro's Days Inventory for the quarter that ended in Dec. 2023 was 68.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Monro's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.34.

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. Monro's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.

Monro Change In Inventory Historical Data

The historical data trend for Monro'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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Monro Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-9.13

-11.84

26.57

-2.39

-18.21

Monro 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																-6.24	-5.89	6.33	-5.44	-13.60

Monro 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 $-19 Mil.

Monro (NAS:MNRO) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	153.5195	/	204.976	*	365 / 4
	=	68.34

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	204.976	/	153.5195
	=	1.34

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	153.5195	/	317.653
	=	0.48

Monro Change In Inventory Related Terms

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Monro (MNRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Monro Inc (NAS:MNRO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MR2:Germany MR2:Germany

Address

200 Holleder Parkway, Rochester, NY, USA, 14615

Website

https://www.monro.com

Monro Inc is a provider automobile service stations in the United States. Through its network of company-owned service stations, Monro Muffler Brake offers maintenance, repair, tire, and fleet management services for automobiles focused largely on undercar services such as brake, steering, exhaust, drivetrain, and suspension systems. Next to service stores, the company also offers tire stores specialised in tire replacement and service.

Executives

Michael T Broderick	director, officer: CEO & President	26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48033
Hope B Woodhouse	director	1601 UTICA AVENUE, SUITE 900, ST. LOUIS PARK MN 55416
John L Auerbach	director	200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Leah C. Johnson	director	182 NORTH UNION AVENUE, FARMINGTON UT 84025
Stephen C Mccluski	director	80 ARKAY DRIVE, HAUPPAUGE NY 11788
Nicholas P Hawryschuk	officer: Vice President - Finance	200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Matt Henson	officer: Chief Human Resource Officer	200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Peter J Solomon	director	C/O PETER J SOLOMON COMPANY, 520 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Brian D Odonnell	officer: SVP - Training	200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Robert E Mellor	director	SEVEN MADRONE AVE, KENTFIELD CA 94904
Robert Rajkowski	officer: COO	200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Donna Maxwell	officer: CHRO	200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Donald Glickman	director	535 MADISON AVENUE, NEW YORK NY 10022
Maureen Mulholland	officer: Senior VP, General Counsel	C/O MONRO, INC., 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Raymond L Pickens	officer: Divisional Vice President	6606 SWEET AIR LANE, ELDERSBURG MD 21784