{
  "url": "https://struct.news/briefs/advance-autos-sales-barely-moved-its-cash-flow-did-the-heavy-lifting",
  "title": "Advance Auto's sales barely moved. Its cash flow did the heavy lifting",
  "summary": "A $252 million operating-cash inflow replaced a $106 million outflow over six months, even as inventory grew faster than revenue.",
  "published_at": "2026-08-20T20:13:59.365438+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Advance Auto Parts Inc.",
    "ticker": "AAP",
    "cik": "1193125",
    "sector": "Consumer Cyclical",
    "industry": "Auto Parts"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-20",
    "accession": "0001193125-26-359176",
    "url": "https://www.sec.gov/Archives/edgar/data/1158449/000119312526359176/aap-20260718.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-14",
    "url": "https://www.sec.gov/Archives/edgar/data/1158449/000115844925000272/aap-20250712.htm"
  },
  "reported_figures": [
    {
      "group": "Advance Auto's latest annual baseline",
      "label": "Revenue",
      "value": 8601000000,
      "display": "$8.6B",
      "unit": "usd",
      "period": "2026-01-03",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-359176",
        "filing_date": "2026-08-20"
      }
    },
    {
      "group": "Advance Auto's latest annual baseline",
      "label": "Revenue YoY",
      "value": -5.4211568066857225,
      "display": "-5.4%",
      "unit": "percent",
      "period": "2026-01-03",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-359176",
        "filing_date": "2026-08-20"
      }
    },
    {
      "group": "Advance Auto's latest annual baseline",
      "label": "Operating margin",
      "value": -0.4999418672247413,
      "display": "-0.5%",
      "unit": "percent",
      "period": "2026-01-03",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-359176",
        "filing_date": "2026-08-20"
      }
    },
    {
      "group": "Advance Auto's latest annual baseline",
      "label": "P/E",
      "value": 77.45781818181818,
      "display": "77.5x",
      "unit": "multiple",
      "period": "2026-01-03",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-359176",
        "filing_date": "2026-08-20"
      }
    }
  ],
  "watch_next": [
    {
      "type": "working_capital",
      "statement": "Inventory grew faster than revenue during the latest six months, increasing inventory intensity.",
      "importance": "medium",
      "evidence": "Inventory built faster than revenue: Inventory growth exceeded revenue growth and inventory intensity increased.",
      "source_date": "2026-08-20"
    }
  ],
  "related_tickers": [
    "AAP"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}