Group 1 Automotive Inc (GPI)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 19,934,400 | 17,873,700 | 16,222,100 | 13,481,900 | 10,600,200 |
| Receivables | US$ in thousands | 663,200 | 607,500 | 477,700 | 396,800 | 402,700 |
| Receivables turnover | 30.06 | 29.42 | 33.96 | 33.98 | 26.32 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $19,934,400K ÷ $663,200K
= 30.06
Based on the provided data, Group 1 Automotive Inc's receivables turnover ratio is not available for the years 2020 to 2024. The absence of specific values for the receivables turnover indicates that the company's ability to collect outstanding receivables within a given period cannot be evaluated at this time. Proper management and analysis of the receivables turnover ratio are crucial for assessing the efficiency of the company in collecting payments from its customers. Without this information, it is challenging to gauge the effectiveness of Group 1 Automotive Inc's credit policies, collection procedures, and overall performance in managing its accounts receivable.
Peer comparison
Dec 31, 2024