CarMax Inc (KMX)

Receivables turnover

Feb 28, 2025 Feb 29, 2024 Feb 28, 2023 Feb 28, 2022 Feb 28, 2021
Revenue US$ in thousands 26,353,400 26,536,000 29,684,900 31,900,400 18,950,100
Receivables US$ in thousands
Receivables turnover

February 28, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $26,353,400K ÷ $—K
= —

The data provided indicates that CarMax Inc did not report any specific values for the receivables turnover ratio for the years ending February 28, 2021 through February 28, 2025.

Receivables turnover is a financial ratio that measures a company's efficiency in collecting its accounts receivable during a specific period. A higher receivables turnover ratio generally indicates better efficiency in collecting cash from customers, while a low ratio may suggest potential issues with credit policies or collection procedures.

Since specific data for CarMax Inc's receivables turnover ratio is not available in this timeframe, it is challenging to assess the company's performance in managing its accounts receivable efficiently. Further information or additional financial data would be necessary to evaluate CarMax Inc's effectiveness in collecting payments from its customers and managing its credit policies.