Asbury Automotive Group Inc

NYSE ABG

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Asbury Automotive Group Inc Sales to Working Capital Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 71.20%

Asbury Automotive Group Inc Sales to Working Capital Ratio 2 year CAGR is 71.20% for the Trailing 12 Months (TTM) ending March 31, 2024, a 351.52% change year over year. The sales to working capital ratio measures the revenue generated by a company relative to its working capital. It is calculated by dividing the revenue by the difference between current assets and current liabilities. This ratio indicates the company's revenue generation efficiency based on its working capital. A higher sales to working capital ratio suggests better utilization of working capital to generate sales revenue. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Asbury Automotive Group Inc Sales to Working Capital Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 5.67, a -34.75% change year over year.
  • Asbury Automotive Group Inc Sales to Working Capital Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 8.69, a -21.22% change year over year.
  • Asbury Automotive Group Inc Sales to Working Capital Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 11.03, a 85.10% change year over year.
  • Asbury Automotive Group Inc Sales to Working Capital Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 5.96, a -19.61% change year over year.
NYSE: ABG

Asbury Automotive Group Inc

CEO Mr. David W. Hult
IPO Date March 21, 2002
Location United States
Headquarters 2905 Premiere Parkway NW, Duluth, GA, United States, 30097
Employees 15,000
Sector Consumer Cyclical
Industry Auto & truck dealerships
Description

Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and disability and accident insurance. Asbury Automotive Group, Inc. was founded in 1996 and is based in Duluth, Georgia.

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StockViz Staff

September 20, 2024

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