Market Cap : 7.03 B | Enterprise Value : 12.41 B | PE Ratio : 12.88 | PB Ratio : 2.14 |
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Penske Automotive Group's average Accounts Payable for the three months ended in Dec. 2020 was $696 Mil. Penske Automotive Group's Cost of Goods Sold for the three months ended in Dec. 2020 was $4,914 Mil. Hence, Penske Automotive Group's Days Payable for the three months ended in Dec. 2020 was 12.93.
During the past 13 years, Penske Automotive Group's highest Days Payable was 13.96. The lowest was 7.95. And the median was 10.37.
Penske Automotive Group's Days Payable increased from Dec. 2019 (11.90) to Dec. 2020 (12.93). It may suggest that Penske Automotive Group delayed paying its suppliers.
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
* The bar in red indicates where Penske Automotive Group's Days Payable falls into.
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.
Penske Automotive Group's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as
Days Payable (A: Dec. 2020 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (A: Dec. 2019 ) | + | Accounts Payable (A: Dec. 2020 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2020 ) | * | Days in Period |
= | ( (638.8 | + | 675.4) | / | 2 ) | / | 17259.4 | * | 365 |
= | 657.1 | / | 17259.4 | * | 365 | ||||
= | 13.90 |
Penske Automotive Group's Days Payable for the quarter that ended in Dec. 2020 is calculated as:
Days Payable (Q: Dec. 2020 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (Q: Sep. 2020 ) | + | Accounts Payable (Q: Dec. 2020 )) | / | count ) | / | Cost of Goods Sold (Q: Dec. 2020 ) | * | Days in Period |
= | ( (717.2 | + | 675.4) | / | 2 ) | / | 4913.7 | * | 365 / 4 |
= | 696.3 | / | 4913.7 | * | 365 / 4 | ||||
= | 12.93 |
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
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