Carvana Co (XSWX:CVNA) Days Payable: 4.94 (As of Mar. 2026) — Near Median


XSWX:CVNA Carvana Co XSWX:CVNA
73 GF Score
Price CHF52.50
GF Value CHF63.63
! 3 Warning Signs
View Full Analysis

What is Carvana Co Days Payable?

Carvana Co XSWX:CVNA -3.90% 73 Days Payable is 4.94 as of Mar. 2026, which is 9% above its 10-year median of 4.52. GuruFocus rates XSWX:CVNA with a GF Score™ of 73/100 and a GF Value™ of CHF63.63. The stock has 3 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Carvana Co ranks worse than 98.4% on this metric.

Carvana Co's average Accounts Payable for the three months ended in Mar. 2026 was CHF220 Mil. Carvana Co's Cost of Goods Sold for the three months ended in Mar. 2026 was CHF4,063 Mil. Hence, Carvana Co's Days Payable for the three months ended in Mar. 2026 was 4.94.

The historical rank and industry rank for Carvana Co's Days Payable or its related term are showing as below:

XSWX:CVNA' s Days Payable Range Over the Past 10 Years
Min: 3.03   Med: 4.52   Max: 9.02
Current: 5.31

During the past 12 years, Carvana Co's highest Days Payable was 9.02. The lowest was 3.03. And the median was 4.52.

XSWX:CVNA's Days Payable is ranked worse than
98.4% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 67.05 vs XSWX:CVNA: 5.31

Carvana Co's Days Payable declined from Mar. 2025 (6.11) to Mar. 2026 (4.94). It may suggest that Carvana Co accelerated paying its suppliers.


Carvana Co Days Payable Historical Data

* Premium members only.

The historical data trend for Carvana Co's Days Payable 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.

Carvana Co Days Payable Chart

Carvana Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 4.85 9.35 7.78 5.66

Carvana Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable 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 6.11 5.78 5.61 5.28 4.94

XSWX:CVNA vs PAG, ALTB, LAD: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Carvana Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.


Carvana Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carvana Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Carvana Co's Days Payable falls into.


XSWX:CVNA
73GF Score
Carvana Co XSWX:CVNA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carvana Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Carvana Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (210.418 + 188.068) / 2 ) / 12853.997*365
=199.243 / 12853.997*365
=5.66

Carvana Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (188.068 + 251.936) / 2 ) / 4063.256*365 / 4
=220.002 / 4063.256*365 / 4
=4.94

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 4.94 mean?
Carvana Co (XSWX:CVNA) has a Days Payable of 4.94 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Carvana Co and its competitors. This is near median its historical median of 4.52. Over the past decade, Carvana Co's Days Payable has ranged from 3.03 to 9.02. According to the industry distribution chart, Carvana Co ranks #1290 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 98.4%.
Is Carvana Co's Days Payable too high?
Carvana Co's current Days Payable of 4.94 is near median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 9.02. The Vehicles & Parts industry median Days Payable is 67.05. Carvana Co's value of 4.94 is 92.6% below this industry median. Based on the distribution chart, Carvana Co ranks #1290 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Carvana Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Carvana Co's Days Payable compare to PAG and ALTB?
According to the Vehicles & Parts industry distribution chart, Carvana Co ranks #1290 out of 1311 companies for Days Payable. This places Carvana Co in the lower half of its industry. The industry median Days Payable is 67.05. Carvana Co's value of 4.94 is 92.6% below this benchmark. Historically, Carvana Co's own Days Payable has ranged from 3.03 to 9.02 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 67.05, Carvana Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carvana Co's current Days Payable of 4.94 is 92.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Carvana Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carvana Co's current Days Payable is 4.94, which is near median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carvana Co stock overvalued right now?
Carvana Co (XSWX:CVNA) has a current Days Payable of 4.94. The stock's GF Value™ is CHF63.63, compared to a current price of CHF52.50 — trading 17.5% below its estimated fair value. The current Days Payable is 4.94, which is near median its 10-year median of 4.52 and 92.6% below the Vehicles & Parts industry median of 67.05. Carvana Co's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Carvana Co (XSWX:CVNA), the current Days Payable is 4.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carvana Co (XSWX:CVNA) Overvalued in 2026?

Based on GuruFocus' analysis, Carvana Co stock appears to be undervalued. The current stock price of CHF52.50 is trading 17.5% below its estimated GF Value™ of CHF63.63.

Key valuation signals for XSWX:CVNA:

  • Days Payable: 4.94 (near median its 10-year median of 4.52)
  • GF Value™: CHF63.63 vs. price of CHF52.50 (17.5% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 92.6% below the Vehicles & Parts median (#1290 of 1311)

No single metric tells the full story. See the XSWX:CVNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carvana Co Business Description

Address 300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
73GF Score

Get the complete analysis for XSWX:CVNA

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF52.50
Price
CHF63.63
GF Value