CVNA (Carvana Co) Receivables Turnover: 22.03 (As of Mar. 2026)

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CVNA Carvana Co CVNA
73 GF Score
Price $70.38
GF Value $76.61
Valuation Fairly Valued
! 3 Warning Signs
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What is Carvana Co Receivables Turnover?

Carvana Co CVNA +8.29% 73 Receivables Turnover is 22.03 as of Mar. 2026. GuruFocus rates CVNA with a GF Score™ of 73/100 and a GF Value™ of $76.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Carvana Co ranks better than 97.11% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Carvana Co's Revenue for the three months ended in Mar. 2026 was $6,432 Mil. Carvana Co's average Accounts Receivable for the three months ended in Mar. 2026 was $292 Mil. Hence, Carvana Co's Receivables Turnover for the three months ended in Mar. 2026 was 22.03.


Carvana Co  (NYSE:CVNA) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Carvana Co Receivables Turnover Related Terms


Carvana Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Carvana Co's Receivables Turnover 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 Receivables Turnover Chart

Carvana Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.92 59.28 41.51 48.06 74.17

Carvana Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover 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 12.60 14.05 16.81 18.77 22.03

CVNA vs PAG, ALTB, KMX: Receivables Turnover Comparison

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

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

* The bar in red indicates where Carvana Co's Receivables Turnover falls into.


CVNA
73GF Score
Carvana Co CVNA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Carvana Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

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

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=20322 / ((303 + 245) / 2 )
=20322 / 274
=74.17

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

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=6432 / ((245 + 339) / 2 )
=6432 / 292
=22.03

* 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 Receivables Turnover →
What does a Receivables Turnover of 22.03 mean?
Carvana Co (CVNA) has a Receivables Turnover of 22.03 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Carvana Co and its competitors. According to the industry distribution chart, Carvana Co ranks #38 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 2.9%.
Is Carvana Co's Receivables Turnover too high?
Carvana Co's current Receivables Turnover is 22.03. The Vehicles & Parts industry median Receivables Turnover is 5.99. Carvana Co's value of 22.03 is 268.1% above this industry median. Based on the distribution chart, Carvana Co ranks #38 out of 1316 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 Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carvana Co's Receivables Turnover compare to PAG and ALTB?
According to the Vehicles & Parts industry distribution chart, Carvana Co ranks #38 out of 1316 companies for Receivables Turnover. This places Carvana Co in the top 3% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. Carvana Co's value of 22.03 is 268.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,316 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carvana Co's current Receivables Turnover of 22.03 is 268.1% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Carvana Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carvana Co's current Receivables Turnover is 22.03. 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 (CVNA) is currently considered Fairly Valued. The stock's GF Value™ is $76.61, compared to a current price of $70.38 — trading 8.1% below its estimated fair value. The current Receivables Turnover is 22.03 and 268.1% above the Vehicles & Parts industry median of 5.99. 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 Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Carvana Co (CVNA), the current Receivables Turnover is 22.03 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 (CVNA) Overvalued in 2026?

Based on GuruFocus' analysis, Carvana Co stock appears to be undervalued. The current stock price of $70.38 is trading 8.1% below its estimated GF Value™ of $76.61. GuruFocus considers Carvana Co to be Fairly Valued.

Key valuation signals for CVNA:

  • Receivables Turnover: 22.03
  • GF Value™: $76.61 vs. price of $70.38 (8.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 268.1% above the Vehicles & Parts median (#38 of 1316)

No single metric tells the full story. See the 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 CVNA

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

$70.38
Price
$76.61
GF Value