Asbury Accounts Payable from 2010 to 2025

ABG Stock  USD 242.50  0.57  0.24%   
Asbury Automotive's Accounts Payable is decreasing over the last several years with stable swings. Accounts Payable is predicted to flatten to about 107.3 M. Accounts Payable is the amount Asbury Automotive Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Asbury Automotive's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-12-31
Previous Quarter
761.1 M
Current Value
169.1 M
Quarterly Volatility
206.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Asbury Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asbury Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 78.8 M, Interest Expense of 282.4 M or Selling General Administrative of 1.9 B, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.14 or PTB Ratio of 1.75. Asbury financial statements analysis is a perfect complement when working with Asbury Automotive Valuation or Volatility modules.
  
Check out the analysis of Asbury Automotive Correlation against competitors.

Latest Asbury Automotive's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Asbury Automotive Group over the last few years. An accounting item on the balance sheet that represents Asbury Automotive obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Asbury Automotive are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Asbury Automotive's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asbury Automotive's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Pretty Stable
   Accounts Payable   
       Timeline  

Asbury Accounts Payable Regression Statistics

Arithmetic Mean127,113,648
Geometric Mean103,470,225
Coefficient Of Variation91.10
Mean Deviation67,073,345
Median92,400,000
Standard Deviation115,800,427
Sample Variance13409.7T
Range490.6M
R-Value(0.14)
Mean Square Error14091.8T
R-Squared0.02
Significance0.61
Slope(3,369,962)
Total Sum of Squares201146.1T

Asbury Accounts Payable History

2025107.3 M
2024169.1 M
2023155.6 M
2022147.4 M
2021163.9 M
202097.6 M
201981.7 M

About Asbury Automotive Financial Statements

Asbury Automotive stakeholders use historical fundamental indicators, such as Asbury Automotive's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Asbury Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Asbury Automotive's assets and liabilities are reflected in the revenues and expenses on Asbury Automotive's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Asbury Automotive Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable169.1 M107.3 M

Currently Active Assets on Macroaxis

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
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 Asbury Automotive. If investors know Asbury 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 Asbury Automotive 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
1.401
Earnings Share
21.51
Revenue Per Share
863.749
Quarterly Revenue Growth
0.182
Return On Assets
0.0609
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive'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 Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive'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 Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive'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.