FLES (Auto Parts 4Less Group) Change In Inventory : $-0.02 Mil (TTM As of Oct. 2023)

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What is Auto Parts 4Less Group Change In Inventory?

Auto Parts 4Less Group's change in inventory for the quarter that ended in Oct. 2023 was $-0.00 Mil. It means Auto Parts 4Less Group's inventory increased by $0.00 Mil from Jul. 2023 to Oct. 2023 .

Auto Parts 4Less Group's change in inventory for the fiscal year that ended in Jan. 2023 was $0.11 Mil. It means Auto Parts 4Less Group's inventory declined by $0.11 Mil from Jan. 2022 to Jan. 2023 .

Auto Parts 4Less Group's Total Inventories for the quarter that ended in Oct. 2023 was $0.03 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Auto Parts 4Less Group's Days Inventory for the quarter that ended in Oct. 2023 was 76.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Auto Parts 4Less Group's Inventory Turnover for the quarter that ended in Oct. 2023 was 1.19.

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. Auto Parts 4Less Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.22.

Auto Parts 4Less Group Change In Inventory Historical Data

The historical data trend for Auto Parts 4Less Group'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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Auto Parts 4Less Group Change In Inventory Chart

Auto Parts 4Less Group Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Change In Inventory

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-0.22

-0.08

0.05

-0.11

0.11

Auto Parts 4Less Group Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Change In Inventory	Get a 7-Day Free Trial															0.01	-0.04	0.01	0.01	-

Auto Parts 4Less Group 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Auto Parts 4Less Group (OTCPK:FLES) Change In Inventory Explanation

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

Auto Parts 4Less Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.032	/	0.038	*	365 / 4
	=	76.84

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

Auto Parts 4Less Group's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.038	/	0.032
	=	1.19

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.

Auto Parts 4Less Group's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.032	/	0.144
	=	0.22

Auto Parts 4Less Group Change In Inventory Related Terms

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Auto Parts 4Less Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Auto Parts 4Less Group Inc (OTCPK:FLES) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 W. Mayflower, Las Vegas, NV, USA, 89030

Website

https://www.liftkits4less.com

Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.

Executives

Christopher Dean Davenport

10 percent owner

106 W MAYFLOWER AVENUE, N. LAS VEGAS NV 89030