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Lkq Corporation  (LKQ)
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Lkq Inventory Turnover Ratio (COS)

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

Lkq Corporation inventory turnover ratio, the Lkq Corporation's ability to sell and replace its inventory in the forth quarter 2023, sequentially increased to 2.84 in the fourth quarter 2023, yet the ratio remained below the average, as LKQ's market remain challenging.Average inventory processing period, for the Lkq in Dec 31 2023 quarter, has decreased to 129 days, compare to 131 days, in the Sep 30 2023 quarter.

Within Consumer Discretionary sector 62 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 205 in the third quarter 2023, to 467.

LKQ Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Lkq Corporation Market Share?

What is Inventory Turnover Ratio?


LKQ Inventory Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Inventory Growth 18.44 % 13.13 % 6.22 % 5.42 % 8.71 %
Y / Y Cost of Sales Growth 26.26 % 10.33 % -0.7 % -7.22 % -6.41 %
Inventory Turnover Ratio (TTM) 2.84 2.79 2.81 2.85 2.95
LKQ's Total Ranking # 467 # 205 # 1125 # 1312 #
Average inventory processing period 128 131 130 128 124
Seq. Inventory Growth 4.1 % 9.7 % -0.69 % 4.44 % -0.57 %
Seq. Cost of Sales Growth 5.97 % 10.17 % 11.19 % -2.74 % -7.4 %



Inventory Turnover Ratio Company Ranking
Within: No.
Auto & Truck Parts Industry # 23
Consumer Discretionary Sector # 63
Overall Market # 467

Inventory Turnover Ratio Statistics
High Average Low
3.19 2.91 2.57
(Jun 30 2021)   (Dec 31 2017)




Financial Statements
Lkq's Inventories $ 3,121 Millions Visit LKQ's Balance sheet
Lkq's Cost of Revenues TTM $ 8,241 Millions Visit LKQ's Income Statement
What are LKQ's Sales? Visit LKQ's Sales by Segment

Other Inventory Turnover Ratios
Lkq'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
LKQ'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 LKQ's Competitors
Inventory Turnover Ratio for LKQ's Suppliers
Inventory Turnover Ratio for LKQ's Customers

You may also want to know
LKQ's Sales Growth Rates LKQ's Pe Price to earnings ratio LKQ's Receivables Turnover Ratio LKQ's Stock Quote
LKQ's Net Income Growth Rates LKQ's Ps Price to Sales ratio LKQ's Sales per Employee LKQ's Asset Turnover Ratio
LKQ's Net Margin LKQ's Pb Price to Book ratio LKQ's Financial Strength Ratios LKQ'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
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
Westport Fuel Systems Inc   4.19 $ 282.862  Millions$ 68  Millions
Crocs inc   4.15 $ 1,752.000  Millions$ 422  Millions
Eaco Corp  4.02 $ 227.344  Millions$ 57  Millions
Aeye Inc   3.98 $ 15.000  Millions$ 4  Millions
Te Connectivity ltd   3.96 $ 10,832.000  Millions$ 2,737  Millions

Date modified: 2024-02-22T21:02:21+00:00



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