Asbury Automotive Group Inc (ABG)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 14,295,700 | 13,697,000 | 13,152,100 | 12,647,800 | 12,064,000 | 11,876,000 | 11,981,500 | 12,099,600 | 12,333,300 | 11,477,900 | 10,305,800 | 9,245,100 | 7,935,500 | 7,684,700 | 7,268,200 | 6,383,700 | 5,908,400 | 5,639,100 | 5,678,500 | 5,984,700 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $14,295,700K ÷ $—K
= —
The payables turnover ratio for Asbury Automotive Group Inc has been consistent at a value of "—". The lack of variation in this ratio over the reported periods indicates that the company's management of its accounts payable is stable and there have been no significant changes in the speed at which it pays its suppliers. A payables turnover ratio of "—" suggests that Asbury Automotive Group Inc is neither accelerating nor delaying its payments to its creditors. It is essential to monitor this ratio over time to identify any potential shifts in the company's payment practices that may impact its liquidity or relationships with suppliers.
Peer comparison
Dec 31, 2024