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AZO (AutoZone) Total Inventories : $6,589 Mil (As of Feb. 2025)


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What is AutoZone Total Inventories?

AutoZone's total inventories for the quarter that ended in Feb. 2025 was $6,589 Mil. AutoZone's average total inventories from the quarter that ended in Nov. 2024 to the quarter that ended in Feb. 2025 was $6,431 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AutoZone's Net-Net Working Capital per share for the quarter that ended in Feb. 2025 was $-1,106.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AutoZone's Days Inventory for the three months ended in Feb. 2025 was 321.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. AutoZone's Inventory Turnover for the quarter that 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 quarter that ended in Feb. 2025 was 1.63.


AutoZone Total Inventories Historical Data

The historical data trend for AutoZone's Total Inventories 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 Total Inventories Chart

AutoZone Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,473.28 4,639.81 5,638.00 5,764.14 6,155.22

AutoZone Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Total Inventories 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 5,970.18 6,155.30 6,155.22 6,274.07 6,588.59

AutoZone Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


AutoZone  (NYSE:AZO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

AutoZone's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2025 is

Net-Net Working Capital Per Share (Q: Feb. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(300.905+0.75 * 597.404+0.5 * 6588.586-22574.052
-0-0)/16.747
=-1,106.51

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

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

Days Inventory=Average Total Inventories (Q: Feb. 2025 )/Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=6431.328/1823.611*365 / 4
=321.81

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2025 ) / Average Total Inventories (Q: Feb. 2025 )
=1823.611 / 6431.328
=0.28

4. 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 quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2025 ) / Revenue (Q: Feb. 2025 )
=6431.328 / 3952.012
=1.63

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


AutoZone Total Inventories Related Terms

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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.
Executives
K. Michelle Borninkhof officer: Senior Vice President & CIO 123 FRONT STREET, MEMPHIS TN 38103
Dennis W. Leriche officer: Sr. Vice President 123 FRONT STREET, MEMPHIS TN 38103
Rhodes William C Iii officer: Senior Vice President 123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
John Scott Murphy officer: Vice President, Controller 123 FRONT STREET, MEMPHIS TN 38103
Jenna M. Bedsole officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Eric S. Gould officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Philip B. Daniele officer: Sr. Vice President 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Richard Craig Smith officer: Sr. Vice President 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Grant E. Mcgee officer: Sr. Vice President 123 FRONT STREET, MEMPHIS TN 38103
Domingo Hurtado officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Thomas B Newbern officer: Sr. Vice President 123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Charles Iii Pleas officer: Vice President and Controller 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Lindsay Lehman officer: SVP, Marketing 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Preston Frazer officer: Senior Vice President 123 SOUTH FRONT ST, MEMPHIS TN 38103