Penske Automotive Group Inc (PAG)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 30,455,200 | 29,527,400 | 27,814,800 | 25,554,700 | 20,443,900 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $30,455,200K ÷ $—K
= —
Based on the provided data, it appears that receivables turnover for Penske Automotive Group Inc is unavailable for the years ending December 31, 2020 to December 31, 2024. Receivables turnover is a key ratio that indicates how efficiently a company is collecting outstanding receivables from its customers. Without this data, it is difficult to assess the company's effectiveness in managing its accounts receivable and converting those into cash flow. It would be beneficial for stakeholders and investors to have access to this information to gain a better understanding of Penske Automotive Group Inc's financial performance and liquidity position.
Peer comparison
Dec 31, 2024