GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Advance Auto Parts Inc (BUE:AAP) » Definitions » Change In Inventory

Advance Auto Parts (BUE:AAP) Change In Inventory : ARS284,045 Mil (TTM As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Advance Auto Parts Change In Inventory?

Advance Auto Parts's change in inventory for the quarter that ended in Dec. 2024 was ARS426,858 Mil. It means Advance Auto Parts's inventory declined by ARS426,858 Mil from Sep. 2024 to Dec. 2024 .

Advance Auto Parts's change in inventory for the fiscal year that ended in Dec. 2024 was ARS273,107 Mil. It means Advance Auto Parts's inventory declined by ARS273,107 Mil from Dec. 2023 to Dec. 2024 .

Advance Auto Parts's Total Inventories for the quarter that ended in Dec. 2024 was ARS3,648,202 Mil.

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 quarter that ended in Dec. 2024 was 205.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advance Auto Parts's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.44.

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 quarter that ended in Dec. 2024 was 1.86.


Advance Auto Parts Change In Inventory Historical Data

The historical data trend for Advance Auto Parts'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.

* Premium members only.

Advance Auto Parts Change In Inventory Chart

Advance Auto Parts Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8,255.92 -12,536.80 -11,897.95 -23,156.71 273,107.03

Advance Auto Parts Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In Inventory Get a 7-Day Free Trial 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 16,867.73 16,864.32 -65,809.40 -93,868.52 426,858.32

Advance Auto Parts 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS284,045 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.


Advance Auto Parts  (BUE:AAP) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3745156.3885/1665398.106*365 / 4
=205.20

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

Advance Auto Parts's Inventory Turnover for the quarter that ended in Dec. 2024 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 quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3745156.3885 / 2015985.27
=1.86

* 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.


Advance Auto Parts Change In Inventory Related Terms

Thank you for viewing the detailed overview of Advance Auto Parts's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Advance Auto Parts Business Description

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.