Carvana Co (HAM:CV0) Quick Ratio: 2.57 (As of Mar. 2026) — 132% Above Median


HAM:CV0 Carvana Co HAM:CV0
73 GF Score
Price €56.45
GF Value €68.42
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Carvana Co Quick Ratio?

Carvana Co HAM:CV0 -5.54% 73 Quick Ratio is 2.57 as of Mar. 2026, which is 132% above its 10-year median of 1.11. GuruFocus rates HAM:CV0 with a GF Score™ of 73/100 and a GF Value™ of €68.42 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Carvana Co ranks better than 86.76% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Carvana Co's quick ratio for the quarter that ended in Mar. 2026 was 2.57.

Carvana Co has a quick ratio of 2.57. It generally indicates good short-term financial strength.

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

HAM:CV0' s Quick Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.11   Max: 2.73
Current: 2.57

During the past 12 years, Carvana Co's highest Quick Ratio was 2.73. The lowest was 0.29. And the median was 1.11.

HAM:CV0's Quick Ratio is ranked better than
86.76% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.05 vs HAM:CV0: 2.57

Carvana Co  (HAM:CV0) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Carvana Co Quick Ratio Related Terms


Carvana Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Carvana Co's Quick Ratio 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 Quick Ratio Chart

Carvana Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 1.05 1.41 2.44 2.73

Carvana Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 2.70 2.58 2.55 2.73 2.57

HAM:CV0 vs PAG, ALTB, LAD: Quick Ratio Comparison

For the Auto & Truck Dealerships subindustry, Carvana Co's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Carvana Co's Quick Ratio falls into.


HAM:CV0
73GF Score
Carvana Co HAM:CV0
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Carvana Co Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5592.846-2056.432)/1297.226
=2.73

Carvana Co's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6225.405-2304.36)/1523.265
=2.57

* 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 Quick Ratio →
What does a Quick Ratio of 2.57 mean?
Carvana Co (HAM:CV0) has a Quick Ratio of 2.57 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Carvana Co and its competitors. This is 132% above median its historical median of 1.11. Over the past decade, Carvana Co's Quick Ratio has ranged from 0.29 to 2.73. According to the industry distribution chart, Carvana Co ranks #177 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 13.2%.
Is Carvana Co's Quick Ratio too high?
Carvana Co's current Quick Ratio of 2.57 is 132% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.73. The Vehicles & Parts industry median Quick Ratio is 1.05. Carvana Co's value of 2.57 is 144.8% above this industry median. Based on the distribution chart, Carvana Co ranks #177 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Carvana Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carvana Co's Quick Ratio compare to PAG and ALTB?
According to the Vehicles & Parts industry distribution chart, Carvana Co ranks #177 out of 1337 companies for Quick Ratio. This places Carvana Co in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.05. Carvana Co's value of 2.57 is 144.8% above this benchmark. Historically, Carvana Co's own Quick Ratio has ranged from 0.29 to 2.73 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.05, Carvana Co has consistently been above 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 Quick Ratio for a Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carvana Co's current Quick Ratio of 2.57 is 144.8% above 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Carvana Co and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carvana Co's current Quick Ratio is 2.57, which is 132% above median its own 10-year median of 1.11. 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?
Based on GuruFocus' analysis, Carvana Co (HAM:CV0) is currently considered Modestly Undervalued. The stock's GF Value™ is €68.42, compared to a current price of €56.45 — trading 17.5% below its estimated fair value. The current Quick Ratio is 2.57, which is 132% above median its 10-year median of 1.11 and 144.8% above the Vehicles & Parts industry median of 1.05. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Carvana Co (HAM:CV0), the current Quick Ratio is 2.57 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 (HAM:CV0) Overvalued in 2026?

Based on GuruFocus' analysis, Carvana Co stock appears to be undervalued. The current stock price of €56.45 is trading 17.5% below its estimated GF Value™ of €68.42. GuruFocus considers Carvana Co to be Modestly Undervalued.

Key valuation signals for HAM:CV0:

  • Quick Ratio: 2.57 (132% above median its 10-year median of 1.11)
  • GF Value™: €68.42 vs. price of €56.45 (17.5% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 144.8% above the Vehicles & Parts median (#177 of 1337)

No single metric tells the full story. See the HAM:CV0 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

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

€56.45
Price
€68.42
GF Value