LKQ (BSP:L1KQ34) Change In Inventory : R$-194 Mil (TTM As of Mar. 2024)

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What is LKQ Change In Inventory?

LKQ's change in inventory for the quarter that ended in Mar. 2024 was R$-259 Mil. It means LKQ's inventory increased by R$259 Mil from Dec. 2023 to Mar. 2024 .

LKQ's change in inventory for the fiscal year that ended in Dec. 2023 was R$348 Mil. It means LKQ's inventory declined by R$348 Mil from Dec. 2022 to Dec. 2023 .

LKQ's Total Inventories for the quarter that ended in Mar. 2024 was R$15,552 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 Mar. 2024 was 125.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. LKQ's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.73.

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 Mar. 2024 was 0.84.

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.

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LKQ Change In Inventory Chart

LKQ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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63.46

2,227.66

-1,328.90

-1,793.93

347.89

LKQ Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															296.89	364.03	-19.76	-279.29	-258.95

LKQ Change In Inventory Calculation

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-194 Mil.

LKQ (BSP:L1KQ34) 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:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	15422.0955	/	11209.529	*	365 / 4
	=	125.54

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

LKQ's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11209.529	/	15422.0955
	=	0.73

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 Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15422.0955	/	18440.199
	=	0.84

LKQ Change In Inventory Related Terms

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LKQ (BSP:L1KQ34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LKQ Corp (BSP:L1KQ34) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

LKQ:USA LKQ1:Germany LKQ1:Germany

Address

500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661

Website

https://www.lkqcorp.com

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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