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GuruFocus has detected 2 Warning Signs with CarMax Inc $KMX.
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CarMax Inc (NYSE:KMX)
Accounts Payable & Accrued Expense
$817 Mil (As of May. 2017)

CarMax Inc's quarterly accounts payable & accrued expense increased from Nov. 2016 ($703 Mil) to Feb. 2017 ($763 Mil) and increased from Feb. 2017 ($763 Mil) to May. 2017 ($817 Mil).

CarMax Inc's annual accounts payable & accrued expense declined from Feb. 2015 ($707 Mil) to Feb. 2016 ($690 Mil) but then increased from Feb. 2016 ($690 Mil) to Feb. 2017 ($763 Mil).


Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

CarMax Inc Annual Data

Accounts Payable & Accrued Expense 372320354374457485633707690763

CarMax Inc Quarterly Data

Accounts Payable & Accrued Expense 707690681633690750733703763817
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