FLES (Auto Parts 4Less Group) Days Inventory: 76.84 (As of Oct. 2023)


FLES Auto Parts 4Less Group Inc FLES
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What is Auto Parts 4Less Group Days Inventory?

Auto Parts 4Less Group FLES 12 Days Inventory is 76.84 as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Auto Parts 4Less Group's Average Total Inventories for the three months ended in Oct. 2023 was $0.03 Mil. Auto Parts 4Less Group's Cost of Goods Sold for the three months ended in Oct. 2023 was $0.04 Mil. Hence, Auto Parts 4Less Group's Days Inventory for the three months ended in Oct. 2023 was 76.84.

The historical rank and industry rank for Auto Parts 4Less Group's Days Inventory or its related term are showing as below:

FLES's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.74
* Ranked among companies with meaningful Days Inventory only.

Auto Parts 4Less Group's Days Inventory increased from Oct. 2022 (23.27) to Oct. 2023 (76.84). It might indicate that Auto Parts 4Less Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Auto Parts 4Less Group's Inventory Turnover for the three months 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 three months ended in Oct. 2023 was 0.22.


Auto Parts 4Less Group  (OTCPK:FLES) 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.

Auto Parts 4Less Group's Inventory Turnover for the three months ended in Oct. 2023 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.

Auto Parts 4Less Group's Inventory to Revenue for the three months ended in Oct. 2023 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.


Auto Parts 4Less Group Days Inventory Related Terms


Auto Parts 4Less Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Auto Parts 4Less Group'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.

Auto Parts 4Less Group Days Inventory Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.49 19.34 18.90 14.57 25.45

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
Days 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 23.27 52.77 333.41 182.50 76.84

FLES vs REII, MBLY, APTV: Days Inventory Comparison

For the Auto Parts subindustry, Auto Parts 4Less Group'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.


Auto Parts 4Less Group Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Parts 4Less Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Auto Parts 4Less Group's Days Inventory falls into.


FLES
12GF Score
Auto Parts 4Less Group Inc FLES
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group Days Inventory Calculation

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 fiscal year that ended in Jan. 2023 is calculated as

Days Inventory (A: Jan. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count ) / Cost of Goods Sold (A: Jan. 2023 )*Days in Period
=( (0.433 + 0.05) / 2 ) / 3.463*365
=0.2415 / 3.463*365
=25.45

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

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (0.031 + 0.033) / 2 ) / 0.038*365 / 4
=0.032 / 0.038*365 / 4
=76.84

* 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 Days Inventory →
What does a Days Inventory of 76.84 mean?
Auto Parts 4Less Group (FLES) has a Days Inventory of 76.84 as of Oct. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Days Inventory too high?
Auto Parts 4Less Group's current Days Inventory is 76.84. The Vehicles & Parts industry median Days Inventory is 80.74. Auto Parts 4Less Group's value of 76.84 is 4.8% below this industry median. 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 Days Inventory compare to REII and MBLY?
Auto Parts 4Less Group's Days Inventory of 76.84 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.74. Auto Parts 4Less Group's value of 76.84 is 4.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.74, based on 1,295 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Auto Parts 4Less Group's current Days Inventory of 76.84 is 4.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Auto Parts 4Less Group and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Parts 4Less Group's current Days Inventory is 76.84. 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 Days Inventory of 76.84. The current Days Inventory is 76.84 and 4.8% below the Vehicles & Parts industry median of 80.74. 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 Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Auto Parts 4Less Group (FLES), the current Days Inventory is 76.84 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.
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