Group Payables Turnover from 2010 to 2024

GPI Stock  USD 433.21  12.07  2.87%   
Group 1's Payables Turnover is decreasing with very volatile movements from year to year. Payables Turnover is estimated to finish at 38.05 this year. Payables Turnover is a liquidity ratio that shows how quickly Group 1 Automotive pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
29.74844783
Current Value
38.05
Quarterly Volatility
6.41151193
 
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Check Group 1 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Group 1's main balance sheet or income statement drivers, such as Depreciation And Amortization of 96.6 M, Interest Expense of 172.1 M or Selling General Administrative of 946.7 M, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.0057 or PTB Ratio of 1.17. Group financial statements analysis is a perfect complement when working with Group 1 Valuation or Volatility modules.
  
Check out the analysis of Group 1 Correlation against competitors.

Latest Group 1's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Group 1 Automotive over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Group 1's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Group 1's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Very volatile
   Payables Turnover   
       Timeline  

Group Payables Turnover Regression Statistics

Arithmetic Mean27.57
Geometric Mean26.87
Coefficient Of Variation23.25
Mean Deviation5.22
Median27.17
Standard Deviation6.41
Sample Variance41.11
Range20.9795
R-Value(0.03)
Mean Square Error44.22
R-Squared0
Significance0.91
Slope(0.05)
Total Sum of Squares575.50

Group Payables Turnover History

2024 38.05
2023 29.75
2022 27.17
2021 24.12
2020 21.1
2019 19.39
2018 23.55

About Group 1 Financial Statements

Investors use fundamental indicators, such as Group 1's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Group 1's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 29.75  38.05 

Currently Active Assets on Macroaxis

When determining whether Group 1 Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Group 1's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Group 1 Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Group 1 Automotive Stock:
Check out the analysis of Group 1 Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Group 1. If investors know Group will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Group 1 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.47
Earnings Share
37.57
Revenue Per Share
1.4 K
Quarterly Revenue Growth
0.11
The market value of Group 1 Automotive is measured differently than its book value, which is the value of Group that is recorded on the company's balance sheet. Investors also form their own opinion of Group 1's value that differs from its market value or its book value, called intrinsic value, which is Group 1's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Group 1's market value can be influenced by many factors that don't directly affect Group 1's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Group 1's value and its price as these two are different measures arrived at by different means. Investors typically determine if Group 1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Group 1's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.