CarMax (FRA:XA4) Other Long-Term Liabilities : €329 Mil (As of Feb. 2024)

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What is CarMax Other Long-Term Liabilities?

CarMax's other long-term liabilities for the quarter that ended in Feb. 2024 was €329 Mil.

CarMax's quarterly other long-term liabilities increased from Aug. 2023 (€342 Mil) to Nov. 2023 (€344 Mil) but then declined from Nov. 2023 (€344 Mil) to Feb. 2024 (€329 Mil).

CarMax's annual other long-term liabilities declined from Feb. 2022 (€315 Mil) to Feb. 2023 (€310 Mil) but then increased from Feb. 2023 (€310 Mil) to Feb. 2024 (€329 Mil).

CarMax Other Long-Term Liabilities Historical Data

The historical data trend for CarMax's Other Long-Term Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CarMax Other Long-Term Liabilities Chart

CarMax Annual Data

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Other Long-Term Liabilities

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CarMax Quarterly Data
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CarMax Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

CarMax Other Long-Term Liabilities Related Terms

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CarMax (FRA:XA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CarMax Inc (FRA:XA4) » Definitions » Other Long-Term Liabilities

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Address

12800 Tuckahoe Creek Parkway, Richmond, VA, USA, 23238

Website

https://www.carmax.com

CarMax sells, finances, and services used and new cars through a chain of about 240 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue (78% in fiscal 2023 due to the chip shortage) and wholesale about 13% (20% in fiscal 2023), with the remaining portion composed of extended service plans and repair. In fiscal 2023, the company retailed and wholesaled 807,823, and 585,071 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the U.S. but still estimates that it has only about 4% U.S. market share of vehicles 0-10 years old in 2022. It seeks over 5% share by the end of calendar 2025. CarMax is based in Richmond, Virginia.

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