Asbury Automotive Group Inc (ABG)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 14,240,000 12,046,900 12,333,300 7,935,500 5,908,400
Payables US$ in thousands — — — — —
Payables turnover — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $14,240,000K ÷ $—K
= —

The payables turnover ratio for Asbury Automotive Group Inc is not provided for the years 2020, 2021, 2022, 2023, and 2024. The lack of data for this ratio suggests that we do not have the necessary information to evaluate the company's efficiency in managing its accounts payable during those years. The payables turnover ratio is a key metric that indicates how quickly a company pays its suppliers. Without this information, it is difficult to assess the company's performance in terms of its payables management and its relationships with suppliers.