Group 1 Automotive (Group 1 Automotive) Change In Receivables : $-158 Mil (TTM As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Group 1 Automotive Change In Receivables?

Group 1 Automotive's change in receivables for the quarter that ended in Mar. 2024 was $5 Mil. It means Group 1 Automotive's Accounts Receivable declined by $5 Mil from Dec. 2023 to Mar. 2024 .

Group 1 Automotive's change in receivables for the fiscal year that ended in Dec. 2023 was $-126 Mil. It means Group 1 Automotive's Accounts Receivable increased by $126 Mil from Dec. 2022 to Dec. 2023 .

Group 1 Automotive's Accounts Receivable for the quarter that ended in Mar. 2024 was $260 Mil.

Days Sales Outstanding measures of 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. Group 1 Automotive's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Group 1 Automotive's liquidation value for the three months ended in Mar. 2024 was $-4,450 Mil.

Group 1 Automotive Change In Receivables Historical Data

The historical data trend for Group 1 Automotive's Change In Receivables 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.

* Premium members only.

Group 1 Automotive Change In Receivables Chart

Group 1 Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-19.80

64.70

4.80

-72.80

-125.50

Group 1 Automotive Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															37.50	-42.60	-39.00	-81.40	5.10

Group 1 Automotive Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-158 Mil.

Group 1 Automotive (NYSE:GPI) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

Group 1 Automotive's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	259.7	/	4470.5	*	91
=	5.30

2. In Ben Graham's calculation of liquidation value, Group 1 Automotive's accounts receivable are only considered to be worth 75% of book value:

Group 1 Automotive's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	41.9	-	5737.4	+	0.75 * 259.7	+	0.5 * 2101.4
=	-4,450

Group 1 Automotive Change In Receivables Related Terms

Thank you for viewing the detailed overview of Group 1 Automotive's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Group 1 Automotive (Group 1 Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Group 1 Automotive Inc (NYSE:GPI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

GAV:Germany

Address

800 Gessner, Suite 500, Houston, TX, USA, 77024

Website

https://www.group1auto.com

Group 1 owns and operates 41 collision centers and 201 automotive dealerships in the U.S. and the U.K., offering 35 brands of automobiles altogether. About 150 of the stores are in the U.S. with locations mostly in metropolitan areas in 17 states in the Northeast, Southeast, Midwest, and California. Texas alone contributed 37% of new-vehicle unit volume in 2022 and the U.K. about 19%. Texas, Oklahoma, and Massachusetts combined were about 53%. Revenue in 2022 totaled $16.2 billion. The company was founded in 1995 and is based in Houston.

Executives

Daniel James Mchenry	officer: Chief Financial Officer	800 GESSNER SUITE 500, HOUSTON TX 77024
Carin Marcy Barth	director
Daryl Kenningham	officer: Regional VP, East Region	800 GESSNER, SUITE 500, HOUSTON TX 77024
Michael David Jones	officer: Sr. Vice President	800 GESSNER SUITE 500, HOUSTON TX 77024
Peter C Delongchamps	officer: VP, Manufacturer Relations	800 GESSNER, SUITE 500, HOUSTON TX 77024
Darryl M Burman	officer: Sr. VP & General Counsel	800 GESSNER, SUITE 500, HOUSTON TX 77024
Edward Mckissic	officer: Senior VP, Human Resources	800 GESSNER SUITE 500, HOUSTON TX 77024
Lincoln Pereira	director	800 GESSNER, SUITE 500, HOUSTON TX 77024
Gillian A. Hobson	officer: SVP, Chief Legal Officer & Sec	800 GESSNER RD STE 500, HOUSTON TX 77024
Earl J Hesterberg	director, officer: President & CEO	GROUP 1 AUTOMOTIVE, INC., 800 GESSNER, SUITE 500, HOUSTON TX 77024
Frank Grese	officer: Regional VP, West Region	800 GESSNER, SUITE 500, HOUSTON TX 77024
Max P Watson	director	800 GESSNER, SUITE 500, HOUSTON TX 77024
Steven Mizell	director	2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Steven P Stanbrook	director	1525 HOWE ST, RACINE WI 53403
John C Rickel	officer: SVP & CFO	4080 JENKINS ROAD, CHATTANOOGA TN 37421