Group 1 Automotive Inc (GPI)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 16,693,300 | 14,853,400 | 13,256,900 | 11,041,200 | 8,866,100 |
| Payables | US$ in thousands | 738,000 | 499,300 | 488,000 | 457,800 | 430,400 |
| Payables turnover | 22.62 | 29.75 | 27.17 | 24.12 | 20.60 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $16,693,300K ÷ $738,000K
= 22.62
Based on the provided data, Group 1 Automotive Inc's payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The absence of specific figures for payables turnover indicates a lack of information to assess the company's efficiency in managing its accounts payable and paying off its suppliers within a certain period. Further details or data are needed to evaluate the company's liquidity, operational efficiency, and relationships with its suppliers.
Peer comparison
Dec 31, 2024