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Genuine Parts Co  (GPC)
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Genuine Parts Co Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Due to inventory build up in the forth quarter 2023, Genuine Parts Co's inventory turnover ratio sequentially decreased to 3.22 in the fourth quarter 2023, unsurprisingly, as the Genuine Parts Co markets continue to deteriorate, and GPC's faces growing challenges to bring down its inventories. Genuine Parts Co's average inventory processing period in the Dec 31 2023 quarter, has increased to 113 days, from 110 days, in the Jun 30 2023 quarter.

Within Consumer Discretionary sector 55 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Forth Quarter 2023 compared to previous quarter at no. .

GPC Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Genuine Parts Co Market Share?

What is Inventory Turnover Ratio?


GPC Inventory Turnover Ratio (Dec 31 2023)
IV. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Inventory Growth 8.74 % 5.04 % 8.74 % 14.18 % 14.73 %
Y / Y Cost of Sales Growth -3.36 % 3.81 % 8.16 % 14.16 % 18.9 %
Inventory Turnover Ratio (TTM) 3.22 3.31 3.32 3.33 3.33
GPC's Total Ranking # # # 1152 # 1202 # 1316
Average inventory processing period 113 110 110 110 109
Seq. Inventory Growth 3.63 % -1.46 % 3.11 % 3.28 % 0.11 %
Seq. Cost of Sales Growth -5.52 % 0.76 % 5.68 % -3.94 % 1.48 %



Inventory Turnover Ratio Company Ranking
Within: No.
Auto & Truck Parts Industry # 21
Consumer Discretionary Sector # 56
Overall Market #

Inventory Turnover Ratio Statistics
High Average Low
14.25 3.95 3.06
(Sep. 30, 2014)   (Sep. 30, 2005)




Financial Statements
Genuine Parts Co's Inventories $ 4,677 Millions Visit GPC's Balance sheet
Genuine Parts Co's Cost of Revenues TTM $ 14,653 Millions Visit GPC's Income Statement
What are GPC's Sales? Visit GPC's Sales by Segment

Other Inventory Turnover Ratios
Genuine Parts Co's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Auto & Truck Parts Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
GPC's Inventory Turnover Ratio versus Auto & Truck Parts Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for GPC's Competitors
Inventory Turnover Ratio for GPC's Suppliers
Inventory Turnover Ratio for GPC's Customers

You may also want to know
GPC's Sales Growth Rates GPC's Pe Price to earnings ratio GPC's Receivables Turnover Ratio GPC's Stock Quote
GPC's Net Income Growth Rates GPC's Ps Price to Sales ratio GPC's Sales per Employee GPC's Asset Turnover Ratio
GPC's Net Margin GPC's Pb Price to Book ratio GPC's Financial Strength Ratios GPC's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
General Motors Company  8.09 $ 141,330.000  Millions$ 17,468  Millions
Jakks Pacific Inc   7.79 $ 488.000  Millions$ 63  Millions
Otis Worldwide Corporation  7.69 $ 4,843.000  Millions$ 630  Millions
Cintas Corporation  7.47 $ 3,756.496  Millions$ 503  Millions
Borgwarner Inc   7.38 $ 11,630.000  Millions$ 1,575  Millions
Whirlpool Corp  6.88 $ 16,285.000  Millions$ 2,368  Millions
Aptiv Plc  6.88 $ 16,612.000  Millions$ 2,416  Millions
Sleep Number Corporation  6.79 $ 798.000  Millions$ 117  Millions
Shyft Group Inc   6.69 $ 721.000  Millions$ 108  Millions
Commercial Vehicle Group Inc   6.52 $ 860.000  Millions$ 132  Millions
Ree Automotive Ltd   6.48 $ 3.000  Millions$ 0  Millions
Masterbrand Inc   6.14 $ 1,824.800  Millions$ 297  Millions
Modine Manufacturing Co  5.91 $ 1,953.200  Millions$ 330  Millions
Dana Inc   5.64 $ 9,655.000  Millions$ 1,711  Millions
Tesla Inc   5.64 $ 79,113.000  Millions$ 14,020  Millions
Novo Integrated Sciences Inc   5.64 $ 5.978  Millions$ 1  Millions
Steven Madden Ltd   5.59 $ 1,149.168  Millions$ 206  Millions
Acuity Brands Inc   5.51 $ 2,163.600  Millions$ 393  Millions
Tempur Sealy International Inc   5.42 $ 2,796.000  Millions$ 516  Millions
Lsi Industries Inc   5.28 $ 336.038  Millions$ 64  Millions
Arrow Electronics Inc   5.27 $ 28,958.102  Millions$ 5,493  Millions
Carter s Inc  5.05 $ 3,099.318  Millions$ 613  Millions
Wesco International Inc   4.86 $ 17,541.500  Millions$ 3,607  Millions
Patrick Industries Inc   4.86 $ 2,685.000  Millions$ 553  Millions
A O Smith Corporation  4.67 $ 2,368.000  Millions$ 507  Millions
Funko Inc   4.62 $ 763.085  Millions$ 165  Millions
Leggett and Platt Inc  4.55 $ 3,871.000  Millions$ 851  Millions
Jerash Holdings us Inc   4.46 $ 101.532  Millions$ 23  Millions
Albany International Corp   4.42 $ 724.000  Millions$ 164  Millions
La z boy Incorporated  4.22 $ 1,151.211  Millions$ 273  Millions

Date modified: 2024-02-22T21:22:52+00:00



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