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:IncreaseDecreaseInFloorPlanNotesPayableTrade.
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 -$16.5M 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 81.3% year-over-year, from -$88.1M to -$16.5M.
- What is the long-term trend for Asbury Automotive Group's floor plan notes payable—trade, net?
- Over 2 years (2022 to 2024), Asbury Automotive Group's floor plan notes payable—trade, net has grown at a 234.9% compound annual growth rate (CAGR), from $13.8M to $154.8M.
- What does floor plan notes payable—trade, net mean?
- This measures the net change in short-term trade payables specifically associated with the financing of vehicle inventory, often referred to as floor plan financing. It reflects the company's management of working capital related to inventory acquisition cycles. A decrease indicates a reduction in trade-related debt, while an increase suggests higher reliance on vendor-provided financing.