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CarMax Accounts Payable & Accrued Expense

: $1,093 Mil (As of Aug. 2020)
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CarMax's quarterly accounts payable & accrued expense declined from Feb. 2020 ($1,070 Mil) to May. 2020 ($680 Mil) but then increased from May. 2020 ($680 Mil) to Aug. 2020 ($1,093 Mil).

CarMax's annual accounts payable & accrued expense increased from Feb. 2018 ($809 Mil) to Feb. 2019 ($915 Mil) and increased from Feb. 2019 ($915 Mil) to Feb. 2020 ($1,070 Mil).


CarMax Accounts Payable & Accrued Expense Historical Data

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

* Premium members only.

CarMax Annual Data
Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 689.68 762.52 808.50 915.16 1,070.27

CarMax Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 931.40 978.89 1,070.27 680.24 1,092.64

CarMax Accounts Payable & Accrued Expense Calculation

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.


CarMax Accounts Payable & Accrued Expense Headlines

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