CarMax Inc (KMX)

Receivables 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
Revenue (ttm) US$ in thousands 26,353,420 25,976,900 25,902,070 25,962,380 26,536,040 26,631,930 26,989,350 28,060,310 29,684,870 31,649,080 33,670,880 33,514,440 31,900,420 29,377,980 26,035,160 23,418,970 18,950,150 18,748,380 18,353,470 18,182,450
Receivables US$ in thousands
Receivables turnover

February 28, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $26,353,420K ÷ $—K
= —

The receivables turnover ratio for CarMax Inc, as provided in the financial data, is not available for the periods outlined. The receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect payments from its customers on credit sales.

A higher receivables turnover ratio indicates that the company is collecting outstanding receivables more quickly, which is generally a positive sign as it signifies efficient management of accounts receivable. Conversely, a lower turnover ratio may suggest potential issues with collections or credit policies.

Without specific data points for CarMax Inc's receivables turnover ratio, it is challenging to provide a detailed analysis of this metric for the company. It is important for investors and analysts to monitor this ratio over time to assess changes in the efficiency of CarMax's accounts receivable management. Further financial data or context would be necessary to provide a more in-depth evaluation of CarMax's receivables turnover performance.