Forensic Analysis · Parts & Accessories Manufacturing · as of Nov 11, 2026
Motorcar Parts Of America Inc (MPAA)
A forensic read on Motorcar Parts Of America Inc built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
B · Sound & dependable
Forensic grade
Grey Zone
Financial health
2.1
Distress distance
Clean
Earnings quality
2
Forensic signals
4.7%
ROE
4.3%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Motorcar Parts Of America Inc earns a B (Sound & dependable) forensic quality grade, and its balance-sheet distress test reads 2.1, placing it in the Grey zone. 2 forensic signals were flagged in its latest SEC filings, led by receivables vs revenue.
What the filings flag
52d DSO
FY2025→FY2026
Receivables vs revenue.Days sales outstanding moved from 44 to 52 days FY2025→FY2026 (receivables +24% vs revenue +4%). Across FY2024–FY2026 the day count ran 49 → 44 → 52 days, so the latest reading sits on top of a record that was flat or falling before it — one year's move, not a direction the business has been travelling in. Receivables grew, but deferred revenue grew +60% over the same period too — rising alongside rising unearned revenue reads as upfront billing on multi-period contracts, not slipping collections. Both figures are measured on period-end balances rather than the beginning-plus-ending average, because averaging needs the balance a year before every reading — FY2025's opening balance is on file, but across the 3 fiscal years read here (FY2024–FY2026) the average yields only 2 day counts (1 step), too few to tell a climb from one year's move.DSO (days sales outstanding): the average days the company waits to collect cash after a sale.
7.1%
FY2026
Return on invested capital.Return on invested capital is 7.1% in the latest fiscal year, against 6.1% in FY2024, having run between 5.3% and 7.1% across FY2024–FY2026 with no direction held. After-tax operating profit was $36M in FY2024 and $43M in FY2026, with operating income at 6.4% of revenue in FY2024, 5.3% in FY2025 and 8.3% in FY2026. The capital base behind it went from $594M in FY2024 to $601M in FY2026 (+1%), while the revenue it carried went from $718M to $790M.
Key fundamentals
Latest Revenue$789.8M
Revenue Growth YoY+4.3%
Revenue CAGR (2yr)+4.9%
Net Margin1.6%
Free Cash Flow$15.5M
Return on Equity4.7%
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Motorcar Parts Of America Inc's actual 10-K/10-Q/8-K filings?