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Motorcar Parts of America (Motorcar Parts of America) Change In Inventory : $-16.8 Mil (TTM As of Dec. 2023)


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What is Motorcar Parts of America Change In Inventory?

Motorcar Parts of America's change in inventory for the quarter that ended in Dec. 2023 was $-29.7 Mil. It means Motorcar Parts of America's inventory increased by $29.7 Mil from Sep. 2023 to Dec. 2023 .

Motorcar Parts of America's change in inventory for the fiscal year that ended in Mar. 2023 was $8.9 Mil. It means Motorcar Parts of America's inventory declined by $8.9 Mil from Mar. 2022 to Mar. 2023 .

Motorcar Parts of America's Total Inventories for the quarter that ended in Dec. 2023 was $393.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Motorcar Parts of America's Days Inventory for the quarter that ended in Dec. 2023 was 244.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Motorcar Parts of America's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.37.

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. Motorcar Parts of America's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.21.

Motorcar Parts of America Change In Inventory Historical Data

The historical data trend for Motorcar Parts of America's Change In 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.

Motorcar Parts of America Change In Inventory Chart

Motorcar Parts of America Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.17 -6.66 -79.08 -95.97 8.89

Motorcar Parts of America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In 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 5.40 29.78 -10.78 -6.09 -29.69

Motorcar Parts of America Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.8 Mil.

* 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.

Motorcar Parts of America  (NAS:MPAA) Change In Inventory Explanation

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

Motorcar Parts of America's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=380.091/141.819*365 / 4
=244.56

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

Motorcar Parts of America's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=141.819 / 380.091
=0.37

3. 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.

Motorcar Parts of America's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=380.091 / 171.862
=2.21

* 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.

Motorcar Parts of America Change In Inventory Related Terms

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Motorcar Parts of America (Motorcar Parts of America) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motorcar Parts of America Inc (NAS:MPAA) » Definitions » Change In Inventory
Comparable Companies
HYZN KNDI CAAS CVGI STRT INVZ SUP NCNC SYPR CPS TSE:7315 TSE:6902 TSE:5108 XPAR:ML MBLY APTV XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
54M:Germany
Address
2929 California Street, Torrance, CA, USA, 90503
Website
https://www.motorcarparts.com
Motorcar Parts of America Inc is a us-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the us, of which a majority of the revenue is derived from the sales of rotating electrical products.
Executives
Rudolph J Borneo director 50 O'FARRELL STREET, SAN FRANCISCO CA 94108
David Bryan director 605 STAPP ROAD, BOULDER CREEK CA 95006
Bison Capital Partners Vi, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Bison Capital Partners Vi-a, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Douglas B Trussler director 39 EAST UNION STREET, PASADENA CA 91103
Richard K Mochulsky officer: Vice President, Sales 2929 CALIFORNIA STREET, TORRANCE CA 90505
Joseph Edwin Ferguson director 5103 SOUTH GARTH AVENUE, LOS ANGELES CA 90056
Joffe Selwyn director, officer: President, CEO & Chairman
Kamlesh Shah officer: Chief Accounting Officer C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
David Sung Lee officer: CFO 2929 CALIFORNIA STREET, TORRANCE CA 90503
Patricia W Warfield director 2929 CALIFORNIA STREET, TORRANCE CA 90503
Duane Franklin Miller director 7811 FIELDSTONE RIDGE, CLARKSTON MI 48348
Jamy P. Rankin director C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Philip Gay director 6300 CANOGA AVENUE, SUITE 1700, WOODLAND HILLS CA 91367
Juliet Lynn Stone officer: VP, Gen Counsel and Secretary C/O MOTORCAR PARTS OF AMERICA, INC., 2020 CALIFORNIA STREET, TORRANCE CA 90503