Switch to:

Penske Automotive Group Days Payable

: 11.92 (As of Jun. 2019)
View and export this data going back to 1996. Start your Free Trial

Penske Automotive Group's payable for the three months ended in Jun. 2019 was $639 Mil. Penske Automotive Group's Cost of Goods Sold for the three months ended in Jun. 2019 was $4,888 Mil. Hence, Penske Automotive Group's days payable for the three months ended in Jun. 2019 was 11.92.

NYSE:PAG' s Days Payable Range Over the Past 10 Years
Min: 8.44   Max: 12.89
Current: 12.24
8.44
12.89

During the past 13 years, Penske Automotive Group's highest Days Payable was 12.89. The lowest was 8.44. And the median was 10.78.

NYSE:PAG's Days Payable is ranked lower than
95% of the 1227 Companies
in the Autos industry.

( Industry Median: 60.11 vs. NYSE:PAG: 12.24 )

Penske Automotive Group's days payable declined from Jun. 2018 (12.29) to Jun. 2019 (11.92). It may suggest that Penske Automotive Group accelerated paying its suppliers.

Penske Automotive Group Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Penske Automotive Group Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.52 10.98 10.58 12.89 11.27

Penske Automotive Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.29 12.03 11.79 12.94 11.92
Competitive Comparison
* 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.

Penske Automotive Group Days Payable Distribution

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


Penske Automotive Group Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to revenue 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. 2018 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=598.2/19370.2*365
=11.27

Penske Automotive Group's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=638.5/4888*365 / 4
=11.92

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Penske Automotive Group Days Payable Related Terms

Penske Automotive Group Days Payable Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)