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Advance Auto Parts (LTS:0H9G) Accounts Payable & Accrued Expense for Financial Companies


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What is Advance Auto Parts Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Advance Auto Parts Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Advance Auto Parts Inc (LTS:0H9G) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
4200 Six Forks Road, Raleigh, NC, USA, 27609
Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About 50% of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.