CarMax Inc (KMX)
Payables turnover
| Feb 28, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 23,521,580 | 23,292,130 | 23,282,090 | 23,406,100 | 23,888,200 | 23,893,930 | 24,287,520 | 25,318,110 | 26,884,670 | 28,748,870 | 30,510,800 | 30,276,020 | 28,612,880 | 26,160,060 | 23,022,370 | 20,469,510 | 16,571,020 | 16,337,760 | 15,960,630 | 15,848,310 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $23,521,580K ÷ $—K
= —
The payables turnover ratio for CarMax Inc, as per the provided data, is not available for the periods ranging from May 31, 2020, to February 28, 2025. The payables turnover ratio is a financial metric used to evaluate the efficiency with which a company pays its suppliers. It is calculated by dividing the total purchases for a period by the average accounts payable during the same period.
As the payables turnover ratio data is unavailable in the given information, it hinders the ability to assess CarMax Inc's effectiveness in managing its accounts payable. A high payables turnover ratio generally indicates that the company is paying its suppliers quickly, which may suggest strong liquidity and good relationships with suppliers. On the other hand, a low payables turnover ratio could signify potential liquidity issues or strained supplier relationships.
Without the specific values for the payables turnover ratio over the indicated periods, it is challenging to provide a detailed analysis of how CarMax Inc's management of payables has evolved over time. It would be beneficial to have access to this ratio data to gain insights into the company's financial and operational performance in terms of its accounts payable management.
Peer comparison
Feb 28, 2025