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 |
UAL Corporation Q4 2009 Earnings Call Transcript
UAL Corporation (UAUA)Q4 2009 Earnings CallJanuary 27, 2010 12:30 pm ETComplete Story » seekingalpha.com |
UAL Corporation Q1 2010 Earnings Call Transcript
UAL Corporation (UAUA)Q1 2010 Earnings Call TranscriptApril 27, 2010 2:00 pm ETComplete Story » seekingalpha.com |
Will Tesla Drive Into the Mainstream?
Last week, the much revered electric car maker Tesla Motors (‘Tesla’)(NASDAQ:TSLA) saw its initial public offering (IPO) on the NASDAQ exchange - the first from an American car company since Ford (NYSE:F) in 1956.The influx of buyers on the first day alone pushed Tesla’s share price 40% higher in what was the second largest first day advance for a US IPO this year (first largest was Financial Engines (NASDAQ:FNGN)).Complete 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 |