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AutoZone (MEX:AZO) Days Inventory : 320.71 (As of Feb. 2025)


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What is AutoZone Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AutoZone's Average Total Inventories for the three months ended in Feb. 2025 was MXN131,552 Mil. AutoZone's Cost of Goods Sold for the three months ended in Feb. 2025 was MXN37,430 Mil. Hence, AutoZone's Days Inventory for the three months ended in Feb. 2025 was 320.71.

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

MEX:AZO' s Days Inventory Range Over the Past 10 Years
Min: 240.62   Med: 253.44   Max: 274.24
Current: 259.75

During the past 13 years, AutoZone's highest Days Inventory was 274.24. The lowest was 240.62. And the median was 253.44.

MEX:AZO's Days Inventory is ranked worse than
94.49% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 80.78 vs MEX:AZO: 259.75

AutoZone's Days Inventory increased from Feb. 2024 (303.89) to Feb. 2025 (320.71). It might indicate that AutoZone's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AutoZone's Inventory Turnover for the three months ended in Feb. 2025 was 0.28.

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. AutoZone's Inventory-to-Revenue for the three months ended in Feb. 2025 was 1.62.


AutoZone Days Inventory Historical Data

The historical data trend for AutoZone'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.

AutoZone Days Inventory Chart

AutoZone Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.63 251.25 241.04 271.41 233.31

AutoZone Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 303.89 281.35 177.36 277.42 320.71

Competitive Comparison of AutoZone's Days Inventory

For the Auto Parts subindustry, AutoZone'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.


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

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

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


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AutoZone Days Inventory Calculation

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

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

Days Inventory (A: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2023 ) + Total Inventories (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (97304.498 + 121414.808) / 2 ) / 171083.6*365
=109359.653 / 171083.6*365
=233.31

AutoZone's Days Inventory for the quarter that ended in Feb. 2025 is calculated as:

Days Inventory (Q: Feb. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2024 ) + Total Inventories (Q: Feb. 2025 )) / count ) / Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=( (127870.221 + 135233.363) / 2 ) / 37430.345*365 / 4
=131551.792 / 37430.345*365 / 4
=320.71

* 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.


AutoZone  (MEX:AZO) 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.

AutoZone's Inventory Turnover for the three months ended in Feb. 2025 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.

AutoZone's Inventory to Revenue for the three months ended in Feb. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=131551.792 / 81116.627
=1.62

* 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.


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.


AutoZone Days Inventory Related Terms

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


AutoZone Business Description

Traded in Other Exchanges
Address
123 South Front Street, Memphis, TN, USA, 38103
AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates more than 6,400 stores domestically, serving both the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and occasionally, installation. The company also operates internationally, with 800 stores in Mexico and more than 100 in Brazil.