| AutoZone Cash Conversion Cycle: A Competitive Advantage? Elias Tsepouridis submits: After reviewing the recent Advance Auto Parts (AAP) financial results that were released on November 11th, I was impressed by the same store sales growth of 4.7% that AAP was able to capture within this economy. With a quick scan, AAP competes in many aspects of my value scorecard and I will continue to evaluate this firm as a potential purchase of some common shares for my next investment. In addition to the value scorecard, I reviewed the other competitors in this industry to see what other value plays are out there, including AutoZone Inc. (AZO) and O'Reilly Automotive, Inc (ORLY). The one metric that seems to show some variation in this competitive set is the cash conversion cycle. If you are not familiar with the cash conversion cycle, here is the definition (per Wikipedia):Complete Story » seekingalpha.com |
February Auto Sales Data: A Preview Wall Street Strategies submits:We are slated to receive February's auto sales tomorrow, and it will definitely be a month of two extremes.On the one hand, we have Ford (F) and General Motors, which are expected to post strong monthly sales. We have modeled for sales of Ford to be up approximately 27%, with sales from GM to be up approximately 22%. These figures should be taken with a grain of salt, as during February of 2009 GM and Chrysler were teetering on the edge of bankruptcy and auto sales continued to tank as Armageddon feelings were all around the auto market.Complete Story » seekingalpha.com |
Wright Express Corporation Q1 2010 Earnings Call Transcript Wright Express Corporation (WXS)Q1 2010 Earnings CallApril 27, 2010 10:00 am ETComplete Story » seekingalpha.com |
Celadon Group Inc. F4Q10 (06/30/2010) Earnings Call Transcript Celadon Group Inc. (CLDN) F4Q10 (06/30/2010) Earnings Call August 2, 2010 11:00 AM ETComplete Story » seekingalpha.com |
Rail Traffic Remains Robust Cullen Roche submits: No signs of letting up in the latest rail traffic from AAR. Although we’re off the year over year highs and the breadth of the commodity groups continues to deteriorate the data is still consistent with a robust rail sector: The Association of American Railroads (AAR) today reported that weekly rail traffic continues to show improvement over 2009 levels with U.S. railroads originating 303,664 carloads for the week ending Oct. 16, 2010, up 10.1 percent compared with the same week last year. AAR will no longer report 2010 weekly rail traffic with 2008 weekly comparison data since October 2008 marked the beginning of the recession-related downturn in rail traffic.Intermodal traffic for the week totaled 237,180 trailers and containers, up 15.1 percent compared with the same week a year ago, with container volume up 15.8 percent and trailer volume up 11.1 percent.Complete Story » seekingalpha.com |