Group 1 Automotive (Group 1 Automotive) Days Payable

: 12.57 (As of Dec. 2023)

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Group 1 Automotive's average Accounts Payable for the three months ended in Dec. 2023 was $516 Mil. Group 1 Automotive's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,749 Mil. Hence, Group 1 Automotive's Days Payable for the three months ended in Dec. 2023 was 12.57.

The historical rank and industry rank for Group 1 Automotive's Days Payable or its related term are showing as below:

GPI' s Days Payable Range Over the Past 10 Years
Min: 11.41 Med: 13.85 Max: 19.72
Current: 12.68

During the past 13 years, Group 1 Automotive's highest Days Payable was 19.72. The lowest was 11.41. And the median was 13.85.

GPI's Days Payable is ranked worse than
95.09% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.96 vs GPI: 12.68

Group 1 Automotive's Days Payable declined from Dec. 2022 (13.02) to Dec. 2023 (12.57). It may suggest that Group 1 Automotive accelerated paying its suppliers.

Group 1 Automotive Days Payable Historical Data

The historical data trend for Group 1 Automotive's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Group 1 Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

17.57

19.72

14.68

13.02

12.13

Group 1 Automotive Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																13.02	13.38	12.77	12.60	12.57

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Group 1 Automotive's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Group 1 Automotive Days Payable Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Group 1 Automotive's Days Payable distribution charts can be found below:

* The bar in red indicates where Group 1 Automotive's Days Payable falls into.

Group 1 Automotive Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Group 1 Automotive's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (488	+	499.3)	/	2 )	/	14853.4	*	365
=	493.65					/	14853.4	*	365
=	12.13

Group 1 Automotive's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (533.4	+	499.3)	/	2 )	/	3749.4	*	365 / 4
=	516.35					/	3749.4	*	365 / 4
=	12.57

Group 1 Automotive Days Payable Related Terms

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Group 1 Automotive (Group 1 Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Group 1 Automotive Inc (NYSE:GPI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GAV:Germany

Address

800 Gessner, Suite 500, Houston, TX, USA, 77024

Website

https://www.group1auto.com

Group 1 owns and operates 41 collision centers and 201 automotive dealerships in the U.S. and the U.K., offering 35 brands of automobiles altogether. About 150 of the stores are in the U.S. with locations mostly in metropolitan areas in 17 states in the Northeast, Southeast, Midwest, and California. Texas alone contributed 37% of new-vehicle unit volume in 2022 and the U.K. about 19%. Texas, Oklahoma, and Massachusetts combined were about 53%. Revenue in 2022 totaled $16.2 billion. The company was founded in 1995 and is based in Houston.

Executives

Daniel James Mchenry	officer: Chief Financial Officer	800 GESSNER SUITE 500, HOUSTON TX 77024
Carin Marcy Barth	director
Daryl Kenningham	officer: Regional VP, East Region	800 GESSNER, SUITE 500, HOUSTON TX 77024
Michael David Jones	officer: Sr. Vice President	800 GESSNER SUITE 500, HOUSTON TX 77024
Peter C Delongchamps	officer: VP, Manufacturer Relations	800 GESSNER, SUITE 500, HOUSTON TX 77024
Darryl M Burman	officer: Sr. VP & General Counsel	800 GESSNER, SUITE 500, HOUSTON TX 77024
Edward Mckissic	officer: Senior VP, Human Resources	800 GESSNER SUITE 500, HOUSTON TX 77024
Lincoln Pereira	director	800 GESSNER, SUITE 500, HOUSTON TX 77024
Gillian A. Hobson	officer: SVP, Chief Legal Officer & Sec	800 GESSNER RD STE 500, HOUSTON TX 77024
Earl J Hesterberg	director, officer: President & CEO	GROUP 1 AUTOMOTIVE, INC., 800 GESSNER, SUITE 500, HOUSTON TX 77024
Frank Grese	officer: Regional VP, West Region	800 GESSNER, SUITE 500, HOUSTON TX 77024
Max P Watson	director	800 GESSNER, SUITE 500, HOUSTON TX 77024
Steven Mizell	director	2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Steven P Stanbrook	director	1525 HOWE ST, RACINE WI 53403
John C Rickel	officer: SVP & CFO	4080 JENKINS ROAD, CHATTANOOGA TN 37421