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LKQ (LKQ) Days Inventory : 142.62 (As of Dec. 2024)


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What is LKQ Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LKQ's Average Total Inventories for the three months ended in Dec. 2024 was $3,176 Mil. LKQ's Cost of Goods Sold for the three months ended in Dec. 2024 was $2,032 Mil. Hence, LKQ's Days Inventory for the three months ended in Dec. 2024 was 142.62.

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

LKQ' s Days Inventory Range Over the Past 10 Years
Min: 118.09   Med: 129.84   Max: 134.56
Current: 130.74

During the past 13 years, LKQ's highest Days Inventory was 134.56. The lowest was 118.09. And the median was 129.84.

LKQ's Days Inventory is ranked worse than
76.9% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 80.78 vs LKQ: 130.74

LKQ's Days Inventory increased from Dec. 2023 (132.82) to Dec. 2024 (142.62). It might indicate that LKQ's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. LKQ's Inventory Turnover for the three months ended in Dec. 2024 was 0.64.

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. LKQ's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.95.


LKQ Days Inventory Historical Data

The historical data trend for LKQ'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.

LKQ Days Inventory Chart

LKQ Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.56 118.09 129.28 129.28 132.35

LKQ Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 132.82 126.56 124.35 129.02 142.62

Competitive Comparison of LKQ's Days Inventory

For the Auto Parts subindustry, LKQ'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.


LKQ's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where LKQ's Days Inventory falls into.


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LKQ Days Inventory Calculation

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

LKQ's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (3121 + 3220) / 2 ) / 8744*365
=3170.5 / 8744*365
=132.35

LKQ's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (3132 + 3220) / 2 ) / 2032*365 / 4
=3176 / 2032*365 / 4
=142.62

* 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.


LKQ  (NAS:LKQ) 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.

LKQ'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.

LKQ'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.


LKQ Days Inventory Related Terms

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


LKQ Business Description

Traded in Other Exchanges
Address
5846 Crossings Boulevard, Antioch, TN, USA, 37013
Since forming in 1998 to consolidate the auto salvage business in the United States, LKQ has developed into a leading distributor of aftermarket and recycled auto parts with around 1,700 facilities across North America and Europe. The company primarily sells into the professional channel and offers an assortment of collision and mechanical parts to both body shops and mechanical repair shops. It also continues to operate more than 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ typically purchases around 250,000 salvage vehicles annually that are used to extract vehicle parts for resale.
Executives
Dominick P Zarcone director, officer: President and CEO C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Rick Galloway officer: SVP and CFO 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Matthew J Mckay officer: SVP of Human Resources 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Justin L Jude officer: SVP Ops -- Wholesale Parts C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Walter P Hanley officer: Senior VP of Development C/O LKQ CORPORATION, 120 NORTH LASALLE STREET, SUITE 3300, CHICAGO IL 60602
Patrick Berard director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Xavier Urbain director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Blythe J Mcgarvie director HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Varun Laroyia officer: Executive VP and CFO 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Meg Divitto director 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Robert M. Hanser director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
John W Mendel director C/O TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Joseph M Holsten director, officer: President and CEO
Genevieve L Dombrowski officer: SVP -- Human Resources 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661