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Advance Auto Parts Days Inventory

: 281.66 (As of Sep. 2020)
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Advance Auto Parts's Total Inventories for the three months ended in Sep. 2020 was $4,363 Mil. Advance Auto Parts's Cost of Goods Sold for the three months ended in Sep. 2020 was $1,413 Mil. Hence, Advance Auto Parts's Days Inventory for the three months ended in Sep. 2020 was 281.66.

NYSE:AAP' s Days Inventory Range Over the Past 10 Years
Min: 215.25   Med: 276.24   Max: 294.27
Current: 291.56

215.25
294.27

During the past 13 years, Advance Auto Parts's highest Days Inventory was 294.27. The lowest was 215.25. And the median was 276.24.

NYSE:AAP's Days Inventory is ranked lower than
86% of the 999 Companies
in the Retail - Cyclical industry.

( Industry Median: 109.01 vs. NYSE:AAP: 291.56 )

Advance Auto Parts's Days Inventory declined from Sep. 2019 (307.61) to Sep. 2020 (281.66).

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Advance Auto Parts's Inventory Turnover for the three months ended in Sep. 2020 was 0.32.

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. Advance Auto Parts's Inventory-to-Revenue for the three months ended in Sep. 2020 was 1.72.


Advance Auto Parts Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Advance Auto Parts Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 278.57 292.06 293.12 290.41 294.27

Advance Auto Parts Quarterly Data
Dec14 Apr15 Sep15 Dec15 Apr16 Sep16 Dec16 Apr17 Sep17 Dec17 Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 307.61 340.05 267.98 288.58 281.66

Competitive Comparison
* 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.


Advance Auto Parts Days Inventory Distribution

* The bar in red indicates where Advance Auto Parts's Days Inventory falls into.



Advance Auto Parts Days Inventory Calculation

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

Advance Auto Parts's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (4362.547 + 4432.168) / 2 ) / 5454.257*365
=4397.3575 / 5454.257*365
=294.27

Advance Auto Parts's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (4358.489 + 4367.272) / 2 ) / 1413.457*365 / 4
=4362.8805 / 1413.457*365 / 4
=281.66

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Advance Auto Parts  (NYSE:AAP) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Advance Auto Parts's Days Sales of Inventory for the three months ended in Sep. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=4362.8805/2541.928*365 / 4
=156.62

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

Advance Auto Parts's Inventory Turnover for the three months ended in Sep. 2020 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.

Advance Auto Parts's Inventory to Revenue for the three months ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=4362.8805 / 2541.928
=1.72

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


Advance Auto Parts Days Inventory Related Terms


Advance Auto Parts Days Inventory Headlines

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