Asbury Automotive Group ABG Contracts-in-transit, net
Contracts-in-transit, net at other companies
Other financials
Where this comes from
Reported directly by Asbury Automotive Group in its filing.
Tagged under the XBRL concept abg:ContractsInTransit.
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 contracts-in-transit, net?
- Asbury Automotive Group (ABG) reported contracts-in-transit, net of $187.9M in Q1 2026.
- How has Asbury Automotive Group's contracts-in-transit, net changed year-over-year?
- Asbury Automotive Group's contracts-in-transit, net decreased by 28.8% year-over-year, from $263.9M to $187.9M.
- What is the long-term trend for Asbury Automotive Group's contracts-in-transit, net?
- Over 4 years (2021 to 2025), Asbury Automotive Group's contracts-in-transit, net has grown at a 3.0% compound annual growth rate (CAGR), from $212.5M to $239.2M.
- What does contracts-in-transit, net mean?
- Represents the balance of receivables from financial institutions for vehicle sales that have been finalized but not yet funded. This metric reflects the timing gap between the delivery of a vehicle to a customer and the actual receipt of cash from the lender. It is a critical indicator of working capital efficiency and the speed of the dealership's financing settlement process.