Advance Auto Parts AAP Inventory LIFO Reserve
Inventory LIFO Reserve at other companies
Other financials
Where this comes from
Reported directly by Advance Auto Parts in its filing.
Tagged under the XBRL concept us-gaap:InventoryLIFOReserve.
The official record: Advance Auto Parts’s 10-Q, filed May 21, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Advance Auto Parts's inventory LIFO reserve?
- Advance Auto Parts (AAP) reported inventory LIFO reserve of $121M in Q1 2026.
- How has Advance Auto Parts's inventory LIFO reserve changed year-over-year?
- Advance Auto Parts's inventory LIFO reserve increased by 3933.3% year-over-year, from $3M to $121M.
- What is the long-term trend for Advance Auto Parts's inventory LIFO reserve?
- Over 5 years (2020 to 2025), Advance Auto Parts's inventory LIFO reserve has grown at a -7.7% compound annual growth rate (CAGR), from -$155.42M to $104M.
- What does inventory LIFO reserve mean?
- This is the difference between the cost of inventory calculated using the FIFO or average cost method and the cost calculated using the LIFO method. It is used to adjust the LIFO-based inventory value to a current cost basis for analytical purposes. Investors use this to normalize earnings and inventory values when comparing companies that use different inventory accounting methods.