Days Inventory is also known as Days Sales of Inventory (DSI). AutoNation's Average Total Inventories for the
three
months ended in Mar. 2024 was $3,018 Mil. AutoNation's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $5,288 Mil.
Hence, AutoNation's Days Inventory for the
three
months ended in Mar. 2024 was 52.08.
The historical rank and industry rank for AutoNation's Days Inventory or its related term are showing as below:
AN'
s Days Inventory Range Over the Past 10 Years
Min: 32.74 Med: 66.17 Max: 71.27
Current: 44.65
During the past 13 years, AutoNation's highest Days Inventory was 71.27. The lowest was 32.74. And the median was 66.17.
AN's Days Inventory is ranked better than 80.6% of 1258
companies
in the Vehicles & Parts industry
Industry Median: 81.295
vs AN: 44.65
AutoNation's Days Inventory
increased
from Mar. 2023 (37.88) to Mar. 2024 (52.08).
It might indicate that AutoNation's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AutoNation's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.75.
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.
AutoNation's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.47.
AutoNation Days Inventory Historical Data
The historical data trend for AutoNation'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 AutoNation's Days Inventory
For the Auto & Truck Dealerships subindustry, AutoNation'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.
AutoNation's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, AutoNation's Days Inventory distribution charts can be found below:
* The bar in red indicates where AutoNation's Days Inventory falls into.
AutoNation Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AutoNation's Days Inventory for the fiscal year that ended in Dec. 2023 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.
AutoNation (NYSE:AN) 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.
AutoNation's Inventory Turnover for the
three
months ended in Mar. 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.
AutoNation's Inventory to Revenue for the
three
months ended in Mar. 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.
AutoNation Days Inventory Related Terms
Thank you for viewing the detailed overview of AutoNation's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
AutoNation is the second largest automotive dealer in the United States, with 2022 revenue of $27 billion and over 250 dealerships, plus 53 collision centers. The firm also has 16 AutoNation USA used-vehicle stores, a captive lender, four auction sites, and three parts distributors all across 20 states primarily in Sunbelt metropolitan areas. New-vehicle sales account for nearly half of revenue; the company also sells used vehicles, parts, and repair services as well as auto financing. The company (formerly Republic Industries) spun off its waste management unit (Republic Services) in 1999 and its car rental businesses (ANC Rental) in 2000. Wayne Huizenga founded the company in the 1990s to bring the rollup acquisition strategy to auto retailing, which has proved to be a smart move.
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