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Penske Automotive Group PAG Vehicle Sales — Payment period
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Where this comes from
Reported directly by Penske Automotive Group in its filing.
Tagged under the XBRL concept pag:PaymentPeriod.
The source filing: Penske Automotive Group’s 10-Q, filed April 30, 2026. Open the filing →
- Filed
- Apr 30, 2026, 4:07 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-028868
FAQ
- What is Penske Automotive Group's vehicle sales — payment period?
- Penske Automotive Group (PAG) reported vehicle sales — payment period of 0 in Q1 2026.
- What does vehicle sales — payment period mean?
- This metric represents the average number of days the company takes to settle its financial obligations to vehicle manufacturers and suppliers for inventory acquired within the vehicle sales segment. It serves as a critical indicator of the company's working capital management and its leverage in negotiating credit terms with automotive OEMs. A shorter period reflects efficient cash flow management, while a longer period may indicate the utilization of interest-free financing or floorplan credit arrangements.
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