AutoNation Inc (AN)

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 22,098,200 21,736,200 21,931,000 22,108,600 21,874,800 21,680,300 21,435,400 21,388,100 21,719,700 21,565,300 21,319,700 21,464,300 20,891,400 20,429,100 19,754,900 17,840,800 16,823,600 16,678,500 16,818,900 17,533,900
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $22,098,200K ÷ $—K
= —

The payables turnover ratio for AutoNation Inc for the periods from March 31, 2020, to December 31, 2024, is not available in the provided data. This ratio is a financial metric that indicates how efficiently a company is managing its payables by measuring the number of times a company pays off its average accounts payable balance during a certain period.

Without the specific values for payables turnover, it is challenging to assess the company's ability to manage its accounts payables effectively. A higher payables turnover ratio generally suggests that the company is paying its suppliers more frequently, which could indicate strong liquidity or good relationships with suppliers. On the other hand, a lower ratio may imply that the company is taking longer to pay its suppliers, potentially straining relationships or signaling liquidity issues.

In conclusion, the absence of data on AutoNation Inc's payables turnover ratio limits the ability to evaluate its payables management efficiency accurately for the periods mentioned.