Penske Automotive Group PAG Floor plan notes payable
Floor plan notes payable at other companies
Other financials
Where this comes from
Reported directly by Penske Automotive Group in its filing.
Tagged under the XBRL concept pag:IncreaseDecreaseInFloorPlanNotesPayable.
The official record: Penske Automotive Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Penske Automotive Group's floor plan notes payable?
- Penske Automotive Group (PAG) reported floor plan notes payable of -$4.2M in Q1 2026.
- How has Penske Automotive Group's floor plan notes payable changed year-over-year?
- Penske Automotive Group's floor plan notes payable increased by 94.2% year-over-year, from -$71.9M to -$4.2M.
- What does floor plan notes payable mean?
- The net change in debt used to finance vehicle inventory.
- How do you interpret floor plan notes payable?
- A decrease indicates inventory reduction or debt repayment, while an increase suggests higher inventory levels financed through credit lines.
- How does floor plan notes payable compare across companies?
- Standard across automotive dealership groups; peers typically show high correlation with inventory turnover.