Days Inventory is also known as Days Sales of Inventory (DSI). Lithia Motors's Average Total Inventories for the
three
months ended in Dec. 2024 was $6,006 Mil. Lithia Motors's Cost of Goods Sold for the
three
months ended in Dec. 2024 was $7,802 Mil.
Hence, Lithia Motors's Days Inventory for the
three
months ended in Dec. 2024 was 70.24.
The historical rank and industry rank for Lithia Motors's Days Inventory or its related term are showing as below:
LAD'
s Days Inventory Range Over the Past 10 Years
Min: 45.91 Med: 77.24 Max: 83.16
Current: 68.81
During the past 13 years, Lithia Motors's highest Days Inventory was 83.16. The lowest was 45.91. And the median was 77.24.
LAD's Days Inventory is ranked better than 59.59% of 1272
companies
in the Vehicles & Parts industry
Industry Median: 80.74
vs LAD: 68.81
Lithia Motors's Days Inventory
increased
from Dec. 2023 (65.15) to Dec. 2024 (70.24).
It might indicate that Lithia Motors's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lithia Motors's Inventory Turnover for the
three
months ended in Dec. 2024 was 1.30.
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.
Lithia Motors's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.65.
Lithia Motors Days Inventory Historical Data
The historical data trend for Lithia Motors'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 Lithia Motors's Days Inventory
For the Auto & Truck Dealerships subindustry, Lithia Motors'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.
Lithia Motors's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lithia Motors's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lithia Motors'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.
Lithia Motors (NYSE:LAD) 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.
Lithia Motors'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.
Lithia Motors'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.
Lithia Motors Days Inventory Related Terms
Thank you for viewing the detailed overview of Lithia Motors's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lithia Motors is a retailer of new and used vehicles and related services. The company offers over 50 brands of vehicles at nearly 500 stores globally across the US, Canada, and UK. The company has expanded largely through the acquisition of dealerships in smaller regional markets but now seeks to grow in any part of the US and we expect more deals over time in the US and, at times, abroad. Annual revenue in 2023 was $31 billion and we see over $50 billion possible in a few years. The US was 90% of 2023 revenue and the UK second at 6%, the latter should rise to around 20% with the 2024 Pendragon acquisition. In 2023, new-car sales were about 49% of total revenue. Lithia was founded in 1946, went public in 1996, and is the largest US auto dealer. It is based in Medford, Oregon.
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