Asbury Automotive Group ABG Floor plan notes payable—trade, net
Floor plan notes payable—trade, 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:FloorPlanNotesPayableTrade.
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 floor plan notes payable—trade, net?
- Asbury Automotive Group (ABG) reported floor plan notes payable—trade, net of $326.6M in Q1 2026.
- How has Asbury Automotive Group's floor plan notes payable—trade, net changed year-over-year?
- Asbury Automotive Group's floor plan notes payable—trade, net increased by 24.8% year-over-year, from $261.8M to $326.6M.
- What is the long-term trend for Asbury Automotive Group's floor plan notes payable—trade, net?
- Over 5 years (2020 to 2025), Asbury Automotive Group's floor plan notes payable—trade, net has grown at a 39.5% compound annual growth rate (CAGR), from $64.9M to $343.1M.
- What does floor plan notes payable—trade, net mean?
- Reflects the outstanding principal balance on short-term debt specifically used to finance the acquisition of new vehicle inventory from manufacturers. This trade-related debt is typically collateralized by the vehicles themselves and is repaid upon the sale of the inventory. It serves as a key measure of the company's leverage and its reliance on manufacturer-sponsored financing to maintain inventory levels.