GURUFOCUS.COM » STOCK LIST » USA » NAS » O'Reilly Automotive Inc (NAS:ORLY) » Definitions » Long-Term Capital Lease Obligation
Switch to:

O'Reilly Automotive (NAS:ORLY) Long-Term Capital Lease Obligation

: $1,807 Mil (As of Dec. 2022)
View and export this data going back to 1993. Start your Free Trial

O'Reilly Automotive's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1,807 Mil.

O'Reilly Automotive's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 ($1,683 Mil) to Sep. 2022 ($1,809 Mil) but then declined from Sep. 2022 ($1,809 Mil) to Dec. 2022 ($1,807 Mil).

O'Reilly Automotive's annual Long-Term Capital Lease Obligation declined from Dec. 2020 ($1,719 Mil) to Dec. 2021 ($1,702 Mil) but then increased from Dec. 2021 ($1,702 Mil) to Dec. 2022 ($1,807 Mil).


O'Reilly Automotive Long-Term Capital Lease Obligation Historical Data

The historical data trend for O'Reilly Automotive's Long-Term Capital Lease Obligation 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.

O'Reilly Automotive Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1,655.30 1,718.69 1,701.76 1,806.66

O'Reilly Automotive Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Long-Term Capital Lease Obligation 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 1,701.76 1,698.79 1,683.22 1,809.24 1,806.66

O'Reilly Automotive  (NAS:ORLY) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

O'Reilly Automotive Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of O'Reilly Automotive's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


O'Reilly Automotive (NAS:ORLY) Business Description

O'Reilly Automotive logo
Address
233 South Patterson Avenue, Springfield, MO, USA, 65802
O'Reilly Automotive is one of the largest sellers of aftermarket automotive parts, tools, and accessories, serving professional and DIY customers (41% and 59% of 2021 sales, respectively). The company sells branded as well as own-label products, with the latter category comprising nearly half of sales. O'Reilly had 5,784 stores as of the end of 2021, spread across 47 U.S. states and including 25 stores in Mexico. The firm serves professional and DIY customers through its stores and also boasts approximately 750 sales personnel targeting commercial buyers.
Executives
Philip M Hopper officer: SVP OF REAL ESTATE 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Mark Joseph Merz officer: SVP OF FINANCE 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Christopher Andrew Mancini officer: SVP OF CENTRAL STORE OPS/SALES 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Charles Francis Rogers officer: SVP OF PRO SALES & OPS SUPPORT 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Fred Alan Whitfield director 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Maria Sastre director C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Jonathan Wyatt Andrews officer: SVP OF HR & TRAINING 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Brent Gentry Kirby officer: SVP OF OMNICHANNEL 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Richard Darin Venosdel officer: SVP OF INVENTORY MANAGEMENT 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Doug D Bragg officer: SVP OF CENTRAL STORE OPS/SALES 233 SOUTH PATTERSON AVE, SPRINGFIELD MO 65802
Jason Lee Tarrant officer: SVP OF WESTERN STORE OPS/SALES 233 SOUTH PATTERSON AVENUE, SPRINGFIELD MO 65802
Dana Perlman director C/O 200 MADISON AVENUE, NEW YORK NY 10016
Jeremy Adam Fletcher officer: SVP OF FINANCE/CONTROLLER 233 SOUTH PATTERSON AVE, SPRINGFIELD MO 65802
Robert Allen Dumas officer: SVP OF EASTERN STORE OPS/SALES 233 S PATTERSON AVE, SPRINGFIELD MO 65802

O'Reilly Automotive (NAS:ORLY) Headlines

Other Sources

Bear of the Day: CarMax (KMX)

By Zacks 2022-12-29