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Penske Automotive Group Days Sales Outstanding

: 12.99 (As of Dec. 2020)
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Penske Automotive Group's average Accounts Receivable for the three months ended in Dec. 2020 was $828 Mil. Penske Automotive Group's Revenue for the three months ended in Dec. 2020 was $5,812 Mil. Hence, Penske Automotive Group's Days Sales Outstanding for the three months ended in Dec. 2020 was 12.99.

NYSE:PAG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.42   Med: 14.66   Max: 15.78
Current: 14.24
13.42
15.78

During the past 13 years, Penske Automotive Group's highest Days Sales Outstanding was 15.78. The lowest was 13.42. And the median was 14.66.

NYSE:PAG's Days Sales Outstanding is ranked higher than
91% of the 1149 Companies
in the Vehicles & Parts industry.

( Industry Median: 65.93 vs. NYSE:PAG: 14.24 )

Penske Automotive Group's Days Sales Outstanding declined from Dec. 2019 (14.93) to Dec. 2020 (12.99).

Penske Automotive Group Days Sales Outstanding Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Penske Automotive Group Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.07 15.65 15.09 14.88 15.78

Penske Automotive Group Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Days Sales Outstanding 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 14.93 14.36 17.16 12.26 12.99
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 Sales Outstanding Distribution

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


Penske Automotive Group Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Penske Automotive Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

Days Sales Outstanding (A: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (960.3 + 806.9) / 2 ) / 20443.9*365
=883.6 / 20443.9*365
=15.78

Penske Automotive Group's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding (Q: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2020 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (848.2 + 806.9) / 2 ) / 5812.1*365 / 4
=827.55 / 5812.1*365 / 4
=12.99

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Penske Automotive Group  (NYSE:PAG) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Penske Automotive Group Days Sales Outstanding Related Terms

Penske Automotive Group Days Sales Outstanding Headlines

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