Asbury Automotive Group Inc (ABG)
Receivables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 17,188,300 | 16,495,500 | 15,925,000 | 15,421,400 | 14,802,600 | 14,696,900 | 14,896,700 | 15,104,500 | 15,434,000 | 14,382,800 | 12,922,800 | 11,556,600 | 9,837,700 | 9,416,900 | 8,856,300 | 7,717,400 | 7,131,800 | 6,791,800 | 6,788,400 | 7,146,800 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $17,188,300K ÷ $—K
= —
The receivables turnover ratio for Asbury Automotive Group Inc is currently not available for analysis based on the provided data. The lack of data points for receivables turnover across various reporting periods limits our ability to assess the efficiency with which the company is collecting on its credit sales.
The receivables turnover ratio is a critical metric that indicates how many times a company's accounts receivable are collected and replaced over a specific period. A higher turnover ratio typically suggests that the company is efficiently managing its credit sales and collecting on outstanding receivables in a timely manner. Conversely, a lower turnover ratio may indicate potential issues with credit and collection policies or difficulties in enforcing payment terms with customers.
To conduct a thorough analysis of Asbury Automotive Group Inc's receivables turnover, it would be necessary to have data points for multiple periods to track trends and evaluate any changes in the company's collection efficiency over time. This information would provide valuable insights into the company's credit management practices and the effectiveness of its accounts receivable processes.
Peer comparison
Dec 31, 2024