Penske Automotive Group Inc (PAG)
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 | 30,455,200 | 30,007,400 | 29,864,400 | 29,636,200 | 29,527,400 | 29,267,100 | 28,740,000 | 28,178,400 | 27,814,800 | 27,099,100 | 26,675,700 | 26,756,300 | 25,554,700 | 25,070,700 | 24,545,000 | 21,208,600 | 20,443,900 | 20,513,200 | 20,509,200 | 22,613,900 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $30,455,200K ÷ $—K
= —
The data provided does not include specific values for the receivables turnover ratio for Penske Automotive Group Inc for the periods mentioned. The receivables turnover ratio is typically calculated by dividing the net credit sales by the average accounts receivable balance.
The receivables turnover ratio indicates how efficiently a company is able to collect payments from its customers. A higher ratio generally signifies that the company is able to collect payments quickly, while a lower ratio may suggest potential issues with collection or credit policies.
Without the specific values for the ratio, it is difficult to provide a detailed analysis of Penske Automotive Group Inc's receivables turnover. It would be important to monitor this ratio over time to assess the company's ability to efficiently manage its accounts receivable and collect payments in a timely manner.
Peer comparison
Dec 31, 2024