America's Car-Mart (America's Car-Mart) Days Inventory

: 64.34 (As of Jan. 2024)

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Days Inventory is also known as Days Sales of Inventory (DSI). America's Car-Mart's Average Total Inventories for the three months ended in Jan. 2024 was $112 Mil. America's Car-Mart's Cost of Goods Sold for the three months ended in Jan. 2024 was $158 Mil. Hence, America's Car-Mart's Days Inventory for the three months ended in Jan. 2024 was 64.34.

The historical rank and industry rank for America's Car-Mart's Days Inventory or its related term are showing as below:

CRMT' s Days Inventory Range Over the Past 10 Years
Min: 34.72 Med: 40.77 Max: 54.33
Current: 53.85

During the past 13 years, America's Car-Mart's highest Days Inventory was 54.33. The lowest was 34.72. And the median was 40.77.

CRMT's Days Inventory is ranked better than
73.17% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.885 vs CRMT: 53.85

America's Car-Mart's Days Inventory declined from Jan. 2023 (65.72) to Jan. 2024 (64.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. America's Car-Mart's Inventory Turnover for the three months ended in Jan. 2024 was 1.42.

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. America's Car-Mart's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.37.

America's Car-Mart Days Inventory Historical Data

The historical data trend for America's Car-Mart's Days 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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America's Car-Mart Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

37.73

34.72

45.20

54.33

50.86

America's Car-Mart Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory																65.72	48.35	50.68	53.09	64.34

Competitive Comparison

For the Auto & Truck Dealerships subindustry, America's Car-Mart's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

America's Car-Mart Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, America's Car-Mart's Days Inventory distribution charts can be found below:

* The bar in red indicates where America's Car-Mart's Days Inventory falls into.

America's Car-Mart Days Inventory Calculation

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

America's Car-Mart's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (115.302	+	109.29)	/	2 )	/	805.873	*	365
=	112.296					/	805.873	*	365
=	50.86

America's Car-Mart's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (113.846	+	109.313)	/	2 )	/	158.25	*	365 / 4
=	111.5795					/	158.25	*	365 / 4
=	64.34

America's Car-Mart (NAS:CRMT) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

America's Car-Mart's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	158.25	/	111.5795
	=	1.42

2. 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.

America's Car-Mart's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	111.5795	/	299.614
	=	0.37

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

America's Car-Mart Days Inventory Related Terms

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America's Car-Mart (America's Car-Mart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » America's Car-Mart Inc (NAS:CRMT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1805 North 2nd Street, Suite 401, Rogers, AR, USA, 72756

Website

https://www.car-mart.com

America's Car-Mart Inc is an automotive retailer in us focused exclusively on the Integrated Auto Sales and Finance segment of the used car market. The Company's operations are principally conducted through its two operating subsidiaries, America's Car Mart Inc and Colonial Auto Finance. It primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company earns revenue from the sale of used vehicles and in most cases a related service contract and an accident protection plan product, as well as interest income and late fees from the related financing.

Executives

Magnolia Capital Fund, Lp	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Campbell Douglas W. Jr.	officer: President	C/O AMERICA'S CAR-MART, INC., 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Joshua G Welch	director	C/O VICUNA ADVISORS LLC, PO BOX 427, STONINGTON CT 06378
Julia K. Davis	director	C/O AMERICA'S CAR-MART, INC., 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Leonard L. Walthall	officer: Chief Operating Officer	1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Dawn C Morris	director	255 E. FIFTH STREET, CINCINNATI OH 45202
William H Henderson	director, officer: President and CEO	C/O AMERICA'S CARMART, 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Gremp Jim Von	director	C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712
Ann G. Bordelon	director	C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Daniel J Englander	director	C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Ray C Dillon	director	C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Robert Cameron Smith	director	802 SOUTHEAST PLAZA AVENUE, SUITE 200, BENTONVILLE AR 72712
Vickie D. Judy	officer: Principal Accounting Officer	C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Eddie L Hight	officer: Chief Operating Officer	C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE, #200, BENTONVILLE AR 72712
Adam K Peterson	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102