Sonic Automotive SAH Notes payable - floor plan - trade

Notes payable - floor plan - trade at other companies

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Questions, answered.

What is Sonic Automotive's notes payable - floor plan - trade?

Sonic Automotive (SAH) reported notes payable - floor plan - trade of $193.4M in Q1 2026.

How has Sonic Automotive's notes payable - floor plan - trade changed year-over-year?

Sonic Automotive's notes payable - floor plan - trade increased by 23.5% year-over-year, from $156.6M to $193.4M.

What is the long-term trend for Sonic Automotive's notes payable - floor plan - trade?

Over 5 years (2020 to 2025), Sonic Automotive's notes payable - floor plan - trade has grown at a -20.6% compound annual growth rate (CAGR), from $585.2M to $184.6M.

What does notes payable - floor plan - trade mean?

This represents the short-term debt obligations owed to vehicle manufacturers or their captive finance arms for the purchase of new vehicle inventory. It is a primary indicator of the company's leverage used to finance its core inventory assets. Monitoring this balance helps assess the company's ability to manage inventory turnover relative to its financing costs.