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CarMax Days Inventory

: 75.33 (As of May. 2020)
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CarMax's Total Inventories for the three months ended in May. 2020 was $2,373 Mil. CarMax's Cost of Goods Sold for the three months ended in May. 2020 was $2,875 Mil. Hence, CarMax's Days Inventory for the three months ended in May. 2020 was 75.33.

NYSE:KMX' s Days Inventory Range Over the Past 10 Years
Min: 45.01   Med: 55.31   Max: 57.97
Current: 57.97

45.01
57.97

During the past 13 years, CarMax's highest Days Inventory was 57.97. The lowest was 45.01. And the median was 55.31.

NYSE:KMX's Days Inventory is ranked higher than
66% of the 1103 Companies
in the Vehicles & Parts industry.

( Industry Median: 76.50 vs. NYSE:KMX: 57.97 )

CarMax's Days Inventory increased from May. 2019 (50.03) to May. 2020 (75.33). It might indicate that CarMax's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. CarMax's Inventory Turnover for the three months ended in May. 2020 was 1.21.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. CarMax's Inventory-to-Revenue for the three months ended in May. 2020 was 0.73.


CarMax Days Inventory 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
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.86 55.88 57.39 57.10 55.65

CarMax Quarterly Data
Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
Days Inventory 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 50.03 52.19 57.76 58.81 75.33

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


CarMax Days Inventory Distribution

* The bar in red indicates where CarMax's Days Inventory falls into.



CarMax Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

CarMax's Days Inventory for the fiscal year that ended in Feb. 2020 is calculated as

Days Inventory (A: Feb. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2019 ) + Total Inventories (A: Feb. 2020 )) / count ) / Cost of Goods Sold (A: Feb. 2020 )*Days in Period
=( (2519.455 + 2846.416) / 2 ) / 17597.647*365
=2682.9355 / 17597.647*365
=55.65

CarMax's Days Inventory for the quarter that ended in May. 2020 is calculated as:

Days Inventory (Q: May. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2020 ) + Total Inventories (Q: May. 2020 )) / count ) / Cost of Goods Sold (Q: May. 2020 )*Days in Period
=( (2846.416 + 1899.43) / 2 ) / 2874.599*365 / 4
=2372.923 / 2874.599*365 / 4
=75.33

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


CarMax  (NYSE:KMX) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

CarMax's Days Sales of Inventory for the three months ended in May. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=2372.923/3228.782*365 / 4
=67.06

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

CarMax's Inventory Turnover for the three months ended in May. 2020 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

CarMax's Inventory to Revenue for the three months ended in May. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=2372.923 / 3228.782
=0.73

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


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


CarMax Days Inventory Related Terms


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