Advance Auto Parts Inventory Turnover Ratio 2010-2024 | AAP
Advance Auto Parts inventory turnover ratio from 2010 to 2024. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period.
| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail & Wholesale Auto Parts |
$1.882B |
$9.094B |
|
Advance Auto Parts, Inc., a leading automotive aftermarket parts provider in North America, serves both the professional installer and do-it-yourself customers. Advance Auto Parts stores and branches offer a broad selection of brand name, original equipment manufacturer (`OEM`) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. Advance Auto Parts have grown significantly as a result of comparable store sales growth, new store openings and strategic acquisitions. The acquisition allowed us to expand our geographic presence, Professional capabilities and overall scale to better serve customers.
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