Lithia Motors Inventory Turnover Ratio 2010-2023 | LAD
Current and historical inventory turnover ratio for Lithia Motors (LAD) from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Lithia Motors inventory turnover ratio for the three months ending December 31, 2023 was 1.35.
| Lithia Motors Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail and Wholesale Auto & Truck |
$6.947B |
$31.042B |
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Lithia Motors, Inc. is one of the leading automotive retailers of new and used vehicles, and related services in the United States. The core brands offered by Lithia Motors include Chrysler, General Motors, Toyota, Subaru, Honda, Acura, Ford, BMW, MINI, Nissan and Hyundai. Lithia Motors offers tailored service complemented through its nationwide network. Further, it has the largest online inventory with competitive pricing on vehicles and service. Apart from a wide range of new and used vehicles, the company offers finance and insurance products, and automotive repair and maintenance. It focuses on diversification of products, services, brands and geographic locations to reduce dependence on one manufacturer along with reducing exposure to shifting consumer preferences. Lithia Motors has three reportable segments as follows: Domestic, Import and Luxury.
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