AutoNation (FRA:RWI) Days Payable : 5.70 (As of Dec. 2023)

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AutoNation Days Payable Definition

AutoNation's average Accounts Payable for the three months ended in Dec. 2023 was €318 Mil. AutoNation's Cost of Goods Sold for the three months ended in Dec. 2023 was €5,091 Mil. Hence, AutoNation's Days Payable for the three months ended in Dec. 2023 was 5.70.

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

FRA:RWI' s Days Payable Range Over the Past 10 Years
Min: 5.62 Med: 6.1 Max: 6.79
Current: 5.86

During the past 13 years, AutoNation's highest Days Payable was 6.79. The lowest was 5.62. And the median was 6.10.

FRA:RWI's Days Payable is ranked worse than
98.1% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs FRA:RWI: 5.86

AutoNation's Days Payable declined from Dec. 2022 (5.86) to Dec. 2023 (5.70). It may suggest that AutoNation accelerated paying its suppliers.

AutoNation Days Payable Historical Data

The historical data trend for AutoNation'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.

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AutoNation Days Payable Chart

AutoNation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6.04

7.08

6.18

5.87

5.70

AutoNation Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															5.86	6.05	6.09	5.92	5.70

Competitive Comparison of AutoNation's Days Payable

For the Auto & Truck Dealerships subindustry, AutoNation'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.

AutoNation Days Payable Distribution

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

* The bar in red indicates where AutoNation's Days Payable falls into.

AutoNation 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.

AutoNation'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
=	( (309.254	+	316.09)	/	2 )	/	20006.556	*	365
=	312.672					/	20006.556	*	365
=	5.70

AutoNation'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
=	( (320.079	+	316.09)	/	2 )	/	5091.368	*	365 / 4
=	318.0845					/	5091.368	*	365 / 4
=	5.70

AutoNation Days Payable Related Terms

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AutoNation (FRA:RWI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AutoNation Inc (FRA:RWI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AN:USA

Address

200 SW 1st Avenue, Fort Lauderdale, FL, USA, 33301

Website

https://www.autonation.com

AutoNation is the second largest automotive dealer in the United States, with 2022 revenue of $27 billion and over 250 dealerships, plus 53 collision centers. The firm also has 16 AutoNation USA used-vehicle stores, a captive lender, four auction sites, and three parts distributors all across 20 states primarily in Sunbelt metropolitan areas. New-vehicle sales account for nearly half of revenue; the company also sells used vehicles, parts, and repair services as well as auto financing. The company (formerly Republic Industries) spun off its waste management unit (Republic Services) in 1999 and its car rental businesses (ANC Rental) in 2000. Wayne Huizenga founded the company in the 1990s to bring the rollup acquisition strategy to auto retailing, which has proved to be a smart move.

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