CarMax Inc (KMX)
Receivables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 20,319,990 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
November 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $25,976,900K ÷ $—K
= —
The data provided for CarMax Inc's receivables turnover indicates that the company has not disclosed specific figures for this ratio over the given time periods from February 29, 2020, to November 30, 2024.
Receivables turnover is a financial ratio that measures how efficiently a company is collecting on its credit sales during a specific period. It is calculated by dividing the net credit sales by the average accounts receivable balance. A higher receivables turnover ratio is generally preferred as it signifies that the company is converting its credit sales into cash quickly.
Without the actual figures, it is challenging to analyze CarMax Inc's receivables turnover performance. Ideally, monitoring changes in the receivables turnover ratio over time can provide insights into the company's credit policies, collection efficiency, and overall financial health. Consequently, it is important for investors and stakeholders to keep a close watch on this ratio to assess CarMax Inc's ability to manage its receivables effectively.
Peer comparison
Nov 30, 2024