CarMax (FRA:XA4) Change In Payables And Accrued Expense : €110 Mil (TTM As of Feb. 2024)

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What is CarMax Change In Payables And Accrued Expense?

CarMax's Change In Payables And Accrued Expense for the quarter that ended in Feb. 2024 was €166 Mil. It means CarMax's Accounts Payable & Accrued Expense increased by €166 Mil from Nov. 2023 to Feb. 2024 .

CarMax's Change In Payables And Accrued Expense for the fiscal year that ended in Feb. 2024 was €110 Mil. It means CarMax's Accounts Payable & Accrued Expense increased by €110 Mil from Feb. 2023 to Feb. 2024 .

CarMax Change In Payables And Accrued Expense Historical Data

The historical data trend for CarMax's Change In Payables And Accrued Expense 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 Change In Payables And Accrued Expense Chart

CarMax Annual Data

Trend

Feb15

Feb16

Feb17

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Feb21

Feb22

Feb23

Feb24

Change In Payables And Accrued Expense

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78.35

88.31

154.27

-184.64

109.86

CarMax Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-2.37	220.13	-97.85	-178.27	165.82

CarMax Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €110 Mil.

CarMax Change In Payables And Accrued Expense 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 » Change In Payables And Accrued Expense

Comparable Companies

Traded in Other Exchanges

KMX:USA KMX:Mexico

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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