Group 1 Automotive Inc (GPI)
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 | 19,934,500 | 18,868,300 | 18,352,000 | 18,214,200 | 17,873,700 | 17,462,600 | 16,920,900 | 16,507,600 | 16,222,000 | 15,642,700 | 14,988,500 | 14,543,600 | 13,709,200 | 13,209,800 | 12,740,300 | 11,171,200 | 10,852,000 | 10,973,200 | 11,051,800 | 11,926,190 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $19,934,500K ÷ $—K
= —
The receivables turnover ratio for Group 1 Automotive Inc for the periods from March 31, 2020, to December 31, 2024, has been indicated as "—", meaning that specific data for this ratio is not available in the provided information. Receivables turnover is a financial ratio that measures how efficiently a company is managing its receivables by indicating how many times during a period the company collects its average accounts receivable balance.
Without the specific values for the receivables turnover ratio, it is challenging to assess the efficiency of Group 1 Automotive Inc in collecting its outstanding receivables. Analyzing this ratio is crucial for understanding the company's ability to effectively convert credit sales into cash. A higher receivables turnover ratio generally signifies a more efficient collection process, while a lower ratio may indicate potential collection issues or extended credit terms.
Given the lack of data for the receivables turnover ratio, it is not possible to provide a detailed analysis of this aspect of Group 1 Automotive Inc's financial performance. A more comprehensive evaluation would require access to the specific financial figures to calculate and interpret the receivables turnover ratio accurately over time.
Peer comparison
Dec 31, 2024