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

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FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group Change In Inventory?

Auto Parts 4Less Group FLES 12 Change In Inventory is $-0.02 Mil as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

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  (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

* 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.

Auto Parts 4Less Group Change In Inventory Related Terms

Auto Parts 4Less Group Change In Inventory Historical Data

* Premium members only.

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.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only -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 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 0.01 -0.04 0.01 0.01 -0.00
FLES
12GF Score
Auto Parts 4Less Group Inc FLES
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

* 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 $-0.02 Mil mean?
Auto Parts 4Less Group (FLES) has a Change In Inventory of $-0.02 Mil as of Oct. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Change In Inventory too high?
Auto Parts 4Less Group's current Change In Inventory is $-0.02 Mil. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Change In Inventory compare to REII and MBLY?
Auto Parts 4Less Group's Change In Inventory of $-0.02 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Inventory depends on the Vehicles & Parts 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 Auto Parts 4Less Group and its competitors. Auto Parts 4Less Group's current Change In Inventory is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Change In Inventory of $-0.02 Mil. The current Change In Inventory is $-0.02 Mil. Auto Parts 4Less Group's overall GF Score™ is 12/100. 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 Auto Parts 4Less Group (FLES), the current Change In Inventory is $-0.02 Mil as of Oct. 2023. 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.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
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.
12GF Score

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

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