The historical rank and industry rank for Advance Auto Parts's Days Inventory or its related term are showing as below:
AAP'
s Days Inventory Range Over the Past 10 Years
Min: 233.29 Med: 291.56 Max: 354.73
Current: 233.29
During the past 13 years, Advance Auto Parts's highest Days Inventory was 354.73. The lowest was 233.29. And the median was 291.56.
AAP's Days Inventory is ranked worse than 92.93% of 1273
companies
in the Vehicles & Parts industry
Industry Median: 80.78
vs AAP: 233.29
Advance Auto Parts's Days Inventory
declined
from Dec. 2023 (337.69) to Dec. 2024 (211.79).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Advance Auto Parts's Inventory Turnover for the
three
months ended in Dec. 2024 was 0.43.
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
three
months ended in Dec. 2024 was 1.92.
Advance Auto Parts Days Inventory Historical Data
The historical data trend for Advance Auto Parts's Days 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.
Competitive Comparison of Advance Auto Parts's Days Inventory
For the Auto Parts subindustry, Advance Auto Parts's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Advance Auto Parts's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Advance Auto Parts's Days Inventory distribution charts can be found below:
* The bar in red indicates where Advance Auto Parts's Days Inventory falls into.
* 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 (NYSE:AAP) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Advance Auto Parts's Inventory Turnover for the
three
months ended in Dec. 2024 is calculated as
2. 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
three
months ended in Dec. 2024 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Advance Auto Parts Days Inventory Related Terms
Thank you for viewing the detailed overview of Advance Auto Parts's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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