LKQ's change in inventory for the quarter that ended in Dec. 2023 was $-57 Mil. It means LKQ's inventory
increased by $57 Mil
from Sep. 2023 to Dec. 2023 .
LKQ's change in inventory for the fiscal year that ended in Dec. 2023 was $71 Mil. It means LKQ's inventory
declined by $71 Mil
from Dec. 2022 to Dec. 2023 .
LKQ's Total Inventories for the quarter that ended in Dec. 2023 was $3,121 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
LKQ's Days Inventory for the quarter that ended in Dec. 2023 was 132.82.
Inventory Turnover measures how fast the company turns over its inventory within a year.
LKQ's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.69.
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.
LKQ's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.87.
LKQ Change In Inventory Historical Data
The historical data trend for LKQ'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 $71 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.
LKQ (NAS:LKQ) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
LKQ'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.
LKQ'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.
LKQ Change In Inventory Related Terms
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LKQ is a Global distributor of non-OEM automotive parts. Initially formed in 1998 as a consolidator of auto salvage operations in the United States, it has since greatly expanded its scope to include distribution of new mechanical and collision parts, specialty auto equipment, and remanufactured and recycled parts in both Europe and North America. It still maintains its auto salvage business and owns over 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ purchases over 300,000 salvage automobiles annually that are used to extract parts for resale. Globally, the company maintains approximately 1,700 facilities.
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