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CarParts.com (CarParts.com) Total Inventories : $128.9 Mil (As of Dec. 2023)


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What is CarParts.com Total Inventories?

CarParts.com's total inventories for the quarter that ended in Dec. 2023 was $128.9 Mil. CarParts.com's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $126.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CarParts.com's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CarParts.com's Days Inventory for the three months ended in Dec. 2023 was 110.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. CarParts.com's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.83.

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. CarParts.com's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.81.


CarParts.com Total Inventories Historical Data

The historical data trend for CarParts.com's Total Inventories 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.

* Premium members only.

CarParts.com Total Inventories Chart

CarParts.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.50 89.32 138.85 136.03 128.90

CarParts.com Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.03 112.36 113.74 123.97 128.90

CarParts.com Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


CarParts.com  (NAS:PRTS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

CarParts.com's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(50.951+0.75 * 7.365+0.5 * 128.901-145.024
-0-0)/53.778
=-0.45

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

CarParts.com's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=126.433/104.799*365 / 4
=110.09

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=104.799 / 126.433
=0.83

4. 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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=126.433 / 156.395
=0.81

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


CarParts.com Total Inventories Related Terms

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CarParts.com (CarParts.com) Business Description

Traded in Other Exchanges
Address
2050 W. 190th Street, Suite 400, Torrance, CA, USA, 90504
CarParts.com Inc is an online provider of automotive aftermarket parts and repair information. The company principally sells its products to individual consumers through its network of websites and online marketplaces. The company's products consist of collision parts serving the body repair market, engine parts to serve the replacement parts market, and performance parts and accessories.
Executives
Michael Huffaker officer: Chief Operating Officer 2050 W. 190TH STREET, SUITE 400, TORRANCE CA 90504
Henry J Maier director 1000 FEDEX DRIVE, MOON TOWNSHIP PA 15108
Nanxi Liu director 2050 W. 190TH STREET, SUITE 400, TORRANCE CA 90504
Jim Barnes director 16941 KEEGAN AVE, CARSON CA 90746
Ana Dutra director C/O KORN/FERRY INTERNATIONAL, 1900 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
Ryan Lockwood officer: Chief Financial Officer 2050 W. 190TH STREET, SUITE 400, TORRANCE CA 90504
Kals Subramanian officer: Chief Technology Officer 2050 W. 190TH STREET, SUITE 400, TORRANCE CA 90504
David Meniane director, officer: Chief Executive Officer 16941 KEEGAN AVENUE, CARSON CA 90746
Houman Akhavan officer: VP of Marketiing C/O U. S. AUTO PARTS NETWORK, INC., 17150 SOUTH MARGAY AVENUE, CARSON CA 90746
Barry Phelps director 26750 AGOURA RD, CALABASAS CA 91302
Alfredo Gomez officer: VP, General Counsel 10420 RESEARCH ROAD SE, ALBUQUERQUE NM 87123
Lev Peker director, officer: Chief Executive Officer US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Sanjiv Gomes officer: Interim CTO 16941 KEEGAN AVENUE, CARSON CA 90746
Jay Keith Greyson director 16941 KEEGAN AVENUE, CARSON CA 90746
Mehran Nia director, 10 percent owner 17150 SOUTH MARGAY AVENUE, CARSON CA 90746