Asbury Automotive Group ABG Finance and insurance, net — Contract assets, current
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Where this comes from
Reported directly by Asbury Automotive Group in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The official record: Asbury Automotive Group’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Asbury Automotive Group's finance and insurance, net — contract assets, current?
- Asbury Automotive Group (ABG) reported finance and insurance, net — contract assets, current of $11.5M in Q1 2026.
- How has Asbury Automotive Group's finance and insurance, net — contract assets, current changed year-over-year?
- Asbury Automotive Group's finance and insurance, net — contract assets, current decreased by 8.0% year-over-year, from $12.5M to $11.5M.
- What does finance and insurance, net — contract assets, current mean?
- This metric represents the current portion of contract assets arising from the finance and insurance segment, where revenue has been recognized but the right to consideration is conditional on factors other than the passage of time. It captures the value of services or products delivered to customers for which the company has not yet issued an invoice or received payment. Monitoring this balance helps investors assess the liquidity and timing of cash inflows related to short-term F&I service contracts.