Asbury Automotive Group Inc (ABG)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 17,188,600 | 14,802,700 | 15,433,900 | 9,837,700 | 7,131,800 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $17,188,600K ÷ $—K
= —
Asbury Automotive Group Inc's receivables turnover ratio data is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. The receivables turnover ratio is a measure of how efficiently a company is collecting its accounts receivable during a specific period. Without this data, it is challenging to assess the company's effectiveness in converting its credit sales into cash. This ratio is crucial in evaluating the company's liquidity and the effectiveness of its credit and collection policies. It provides insights into the efficiency of managing receivables and potential cash flow issues. We recommend monitoring this ratio in the future to better understand Asbury Automotive Group Inc's financial performance and working capital management.
Peer comparison
Dec 31, 2024