Penske Automotive Group (FRA:UA9) Days Payable : 13.36 (As of Mar. 2025)

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What is Penske Automotive Group Days Payable?

Penske Automotive Group's average Accounts Payable for the three months ended in Mar. 2025 was €858 Mil. Penske Automotive Group's Cost of Goods Sold for the three months ended in Mar. 2025 was €5,860 Mil. Hence, Penske Automotive Group's Days Payable for the three months ended in Mar. 2025 was 13.36.

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

FRA:UA9' s Days Payable Range Over the Past 10 Years
Min: 10.19 Med: 12.01 Max: 13.9
Current: 13.3

During the past 13 years, Penske Automotive Group's highest Days Payable was 13.90. The lowest was 10.19. And the median was 12.01.

FRA:UA9's Days Payable is ranked worse than
95.92% of 1300 companies
in the Vehicles & Parts industry
Industry Median: 68.75 vs FRA:UA9: 13.30

Penske Automotive Group's Days Payable declined from Mar. 2024 (13.44) to Mar. 2025 (13.36). It may suggest that Penske Automotive Group accelerated paying its suppliers.

Penske Automotive Group Days Payable Historical Data

The historical data trend for Penske Automotive Group'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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Penske Automotive Group Days Payable Chart

Penske Automotive Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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14.54

12.05

12.49

12.95

12.08

Penske Automotive Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															13.44	13.45	13.65	12.19	13.36

Competitive Comparison of Penske Automotive Group's Days Payable

For the Auto & Truck Dealerships subindustry, Penske Automotive Group'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.

Penske Automotive Group's Days Payable Distribution in the Vehicles & Parts Industry

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

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

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Penske Automotive Group 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.

Penske Automotive Group's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (794.947	+	813.374)	/	2 )	/	24297.014	*	365
=	804.1605					/	24297.014	*	365
=	12.08

Penske Automotive Group's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (813.374	+	902.892)	/	2 )	/	5860.337	*	365 / 4
=	858.133					/	5860.337	*	365 / 4
=	13.36

Penske Automotive Group Days Payable Related Terms

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Penske Automotive Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Penske Automotive Group Inc (FRA:UA9) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PAG:USA

Address

2555 Telegraph Road, Bloomfield Hills, MI, USA, 48302-0954

Website

https://www.penskeautomotive.com

Penske Automotive Group operates in 19 US states and overseas. It has over 150 US and Puerto Rico light-vehicle stores as well as 210 franchised dealerships overseas, primarily in the United Kingdom but also in Australia, Germany, Italy, and Japan. The company is the third-largest US publicly traded dealership in terms of light-vehicle revenue and sells more than 40 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other segments are service and finance and insurance. The firm's Premier Truck Group owns 45 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 16 used-vehicle stores, mostly in the US and UK under the CarShop (US) and Sytner Select (UK) brands. Penske is based in Bloomfield Hills, Michigan.

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