CarMax Inc (KMX)
Number of days of payables
| Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
November 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data provided for CarMax Inc's number of days of payables shows that specific information is not available for any of the reporting periods from February 29, 2020, to November 30, 2024. In financial analysis, the number of days of payables is a crucial metric that measures how long a company takes to pay its suppliers for goods and services received.
Without the specific values for the number of days of payables for CarMax Inc, it is not possible to assess the company's efficiency in managing its payments to suppliers. Ideally, a lower number of days of payables indicates that a company is paying its suppliers promptly, which can be a positive sign of strong liquidity and good relationships with suppliers. Conversely, a higher number of days of payables may suggest that a company is taking longer to settle its obligations, potentially indicating liquidity issues or strained supplier relationships.
Given the absence of data on the number of days of payables for CarMax Inc across all the reporting periods provided, further analysis or additional information would be necessary to evaluate the company's payables management and its implications for overall financial performance.
Peer comparison
Nov 30, 2024