Penske Automotive Inventory Turnover Ratio 2010-2023 | PAG
Current and historical inventory turnover ratio for Penske Automotive (PAG) from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Penske Automotive inventory turnover ratio for the three months ending December 31, 2023 was 1.42.
| Penske Automotive Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail and Wholesale Auto & Truck |
$10.270B |
$29.527B |
|
Penske Automotive Group, Inc., engages in the operation of automotive and commercial truck dealerships in the US, Canada and Western Europe. The company also distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. The company also offers finance, insurance and vehicle service contracts, maintenance repair services, replacement parts and aftermarket automotive products. Penske operates under 3 reportable segments - Retail Automotive, Commercial Truck and Commercial Vehicles Australia/Power Systems. Retail Automotive deals with retail automotive dealership operations. Commercial Truck, consists of the U.S. retail commercial truck dealership operations. The company operates a heavy and medium-duty truck dealership group known as Premier Truck Group. The company also importer and distributor of Western Star heavy-duty trucks, MAN heavy and medium-duty trucks and buses and Dennis Eagle refuse collection vehicles.
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