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GPI (Group 1 Automotive) Days Inventory : 53.36 (As of Sep. 2024)


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What is Group 1 Automotive Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Group 1 Automotive's Average Total Inventories for the three months ended in Sep. 2024 was $2,555 Mil. Group 1 Automotive's Cost of Goods Sold for the three months ended in Sep. 2024 was $4,369 Mil. Hence, Group 1 Automotive's Days Inventory for the three months ended in Sep. 2024 was 53.36.

The historical rank and industry rank for Group 1 Automotive's Days Inventory or its related term are showing as below:

GPI' s Days Inventory Range Over the Past 10 Years
Min: 33.45   Med: 66.33   Max: 69.5
Current: 50.42

During the past 13 years, Group 1 Automotive's highest Days Inventory was 69.50. The lowest was 33.45. And the median was 66.33.

GPI's Days Inventory is ranked better than
76.7% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs GPI: 50.42

Group 1 Automotive's Days Inventory increased from Sep. 2023 (40.05) to Sep. 2024 (53.36). It might indicate that Group 1 Automotive's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Group 1 Automotive's Inventory Turnover for the three months ended in Sep. 2024 was 1.71.

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. Group 1 Automotive's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.49.


Group 1 Automotive Days Inventory Historical Data

The historical data trend for Group 1 Automotive'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.

* Premium members only.

Group 1 Automotive Days Inventory Chart

Group 1 Automotive Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.50 68.92 41.64 33.45 40.79

Group 1 Automotive Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 40.05 44.85 49.75 51.76 53.36

Competitive Comparison of Group 1 Automotive's Days Inventory

For the Auto & Truck Dealerships subindustry, Group 1 Automotive'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.


Group 1 Automotive's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Group 1 Automotive's Days Inventory distribution charts can be found below:

* The bar in red indicates where Group 1 Automotive's Days Inventory falls into.



Group 1 Automotive Days Inventory Calculation

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

Group 1 Automotive's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1356.6 + 1963.4) / 2 ) / 14853.4*365
=1660 / 14853.4*365
=40.79

Group 1 Automotive's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2356.8 + 2752.2) / 2 ) / 4368.7*365 / 4
=2554.5 / 4368.7*365 / 4
=53.36

* 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.


Group 1 Automotive  (NYSE:GPI) 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.

Group 1 Automotive's Inventory Turnover for the three months ended in Sep. 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.

Group 1 Automotive's Inventory to Revenue for the three months ended in Sep. 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.


Group 1 Automotive Days Inventory Related Terms

Thank you for viewing the detailed overview of Group 1 Automotive's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Group 1 Automotive Business Description

Traded in Other Exchanges
Address
800 Gessner, Suite 500, Houston, TX, USA, 77024
As of October, Group 1 owns and operates 44 collision centers and 260 automotive dealerships in the us and the UK, offering 35 brands of automobiles altogether. About 150 of the stores are in the us with locations mostly in metropolitan areas in 17 states in the Northeast, Southeast, Midwest, and California. Texas alone contributed 38% of new-vehicle unit volume in 2023 and the UK about 19%. Texas, Oklahoma, and Massachusetts combined was 53%. Revenue in 2023 totaled $17.9 billion. The August, Inchcape UK deal adds about $2.7 billion of annual revenue and 54 stores to bring the UK store count to 114. Group 1 was founded in 1995 and is based in Houston.
Executives
Edward Mckissic officer: Senior VP, Human Resources 800 GESSNER SUITE 500, HOUSTON TX 77024
Peter C Delongchamps officer: VP, Manufacturer Relations 800 GESSNER, SUITE 500, HOUSTON TX 77024
Michael David Jones officer: Sr. Vice President 800 GESSNER SUITE 500, HOUSTON TX 77024
Daniel James Mchenry officer: Chief Financial Officer 800 GESSNER SUITE 500, HOUSTON TX 77024
Carin Marcy Barth director
Daryl Kenningham officer: Regional VP, East Region 800 GESSNER, SUITE 500, HOUSTON TX 77024
Darryl M Burman officer: Sr. VP & General Counsel 800 GESSNER, SUITE 500, HOUSTON TX 77024
Lincoln Pereira director 800 GESSNER, SUITE 500, HOUSTON TX 77024
Gillian A. Hobson officer: SVP, Chief Legal Officer & Sec 800 GESSNER RD STE 500, HOUSTON TX 77024
Earl J Hesterberg director, officer: President & CEO GROUP 1 AUTOMOTIVE, INC., 800 GESSNER, SUITE 500, HOUSTON TX 77024
Frank Grese officer: Regional VP, West Region 800 GESSNER, SUITE 500, HOUSTON TX 77024
Max P Watson director 800 GESSNER, SUITE 500, HOUSTON TX 77024
Steven Mizell director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Steven P Stanbrook director 1525 HOWE ST, RACINE WI 53403
John C Rickel officer: SVP & CFO 4080 JENKINS ROAD, CHATTANOOGA TN 37421