Group 1 Automotive Inc (GPI)
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 | 16,774,700 | 15,880,700 | 15,401,400 | 15,226,400 | 14,876,800 | 14,453,500 | 13,945,400 | 13,539,400 | 13,257,000 | 12,725,800 | 12,171,000 | 11,833,200 | 11,232,900 | 10,923,000 | 10,594,700 | 9,327,900 | 9,082,800 | 9,221,200 | 9,346,200 | 10,125,240 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $16,774,700K ÷ $—K
= —
Based on the provided data, Group 1 Automotive Inc's payables turnover ratio for the period from March 31, 2020, to December 31, 2024, is not available as all values are indicated with "\u2014". Payables turnover ratio is a financial metric that indicates how efficiently a company is managing its accounts payable by measuring how many times a company pays off its average accounts payable balance during a specific period.
Without the specific values for payables turnover, it is difficult to assess how effectively Group 1 Automotive Inc is managing its payables and its relationships with suppliers. A higher payables turnover ratio typically indicates that a company is managing its payables well and paying its suppliers in a timely manner. On the other hand, a lower ratio may suggest that the company is taking longer to pay its suppliers, which could impact supplier relationships and potentially indicate liquidity issues.
It is recommended to obtain the actual values for the payables turnover ratio to perform a more in-depth analysis of Group 1 Automotive Inc's payables management and financial performance.
Peer comparison
Dec 31, 2024