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CarMax (MEX:KMX) Construction In Progress : MXN0 Mil (As of Nov. 2024)


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What is CarMax Construction In Progress?

CarMax's annual construction in progress increased from Feb. 2022 (MXN2,307 Mil) to Feb. 2023 (MXN2,879 Mil) but then declined from Feb. 2023 (MXN2,879 Mil) to Feb. 2024 (MXN2,002 Mil).

CarMax Construction In Progress Historical Data

The historical data trend for CarMax's Construction In Progress 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 Construction In Progress Chart

CarMax Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,378.49 3,264.08 2,307.40 2,878.79 2,001.79

CarMax Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Construction In Progress Get a 7-Day Free Trial 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 - 2,001.79 - - -

CarMax Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

CarMax Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CarMax Inc (MEX:KMX) » Definitions » Construction In Progress
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PAG LAD AN GPI ABG VVV RUSHA CARG ACVA DRVN CVNA TPE:2207 XBRU:DIE TSE:4732 HKSE:00881 TSX:BYD LSE:INCH MCW SAH KAR
Traded in Other Exchanges
KMX:USA 0HTQ:UK XA4:Germany
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 around 250 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 (79% in fiscal 2024 due to the chip shortage) and wholesale about 13% (19% in fiscal 2024), with the remaining portion composed of extended service plans and repair. In fiscal 2024, the company retailed and wholesaled 765,572, and 546,331 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in 2023. It seeks over 5% share a few years from now. CarMax is based in Richmond, Virginia.