CPRT (Copart) Change In Inventory: $-5 Mil (TTM As of Apr. 2026)


CPRT Copart Inc CPRT
82 GF Score
Price $27.52
GF Value $57.05
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Copart Change In Inventory?

Copart CPRT -2.88% 82 Change In Inventory is $-5 Mil as of Apr. 2026. GuruFocus rates CPRT with a GF Score™ of 82/100 and a GF Value™ of $57.05 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Copart's change in inventory for the quarter that ended in Apr. 2026 was $-8 Mil. It means Copart's inventory increased by $8 Mil from Jan. 2026 to Apr. 2026 .

Copart's change in inventory for the fiscal year that ended in Jul. 2025 was $5 Mil. It means Copart's inventory declined by $5 Mil from Jul. 2024 to Jul. 2025 .

Copart's Total Inventories for the quarter that ended in Apr. 2026 was $50 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Copart's Days Inventory for the quarter that ended in Apr. 2026 was 6.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Copart's Inventory Turnover for the quarter that ended in Apr. 2026 was 14.52.

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. Copart's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.04.


Copart  (NAS:CPRT) Change In Inventory Explanation

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

Copart's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=45.751/664.467*365 / 4
=6.28

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

Copart's Inventory Turnover for the quarter that ended in Apr. 2026 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.

Copart's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

* 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.


Copart Change In Inventory Related Terms


Copart Change In Inventory Historical Data

* Premium members only.

The historical data trend for Copart'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.

Copart Change In Inventory Chart

Copart Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.60 -10.85 26.55 -3.70 4.66

Copart Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 16.00 4.84 -0.66 -0.93 -7.86
CPRT
82GF Score
Copart Inc CPRT
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Copart 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-5 Mil mean?
Copart (CPRT) has a Change In Inventory of $-5 Mil as of Apr. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Copart and its competitors.
Is Copart's Change In Inventory too high?
Copart's current Change In Inventory is $-5 Mil. Overall, Copart has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Copart's Change In Inventory compare to ULS and GPN?
Copart's Change In Inventory of $-5 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Business Services company?
A good Change In Inventory depends on the Business Services industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Copart and its competitors. Copart's current Change In Inventory is $-5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copart stock overvalued right now?
Based on GuruFocus' analysis, Copart (CPRT) is currently considered Significantly Undervalued. The stock's GF Value™ is $57.05, compared to a current price of $27.52 — trading 51.8% below its estimated fair value. The current Change In Inventory is $-5 Mil. Copart's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Copart (CPRT), the current Change In Inventory is $-5 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Copart (CPRT) Overvalued in 2026?

Based on GuruFocus' analysis, Copart stock appears to be undervalued. The current stock price of $27.52 is trading 51.8% below its estimated GF Value™ of $57.05. GuruFocus considers Copart to be Significantly Undervalued.

Key valuation signals for CPRT:

  • Change In Inventory: $-5 Mil
  • GF Value™: $57.05 vs. price of $27.52 (51.8% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the CPRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Copart Business Description

Address 14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Based in Dallas, Copart operates a global online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 4 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.
82GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.52
Price
$57.05
GF Value