CarMax (MEX:KMX) Receivables Turnover: 34.33 (As of May. 2026)

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MEX:KMX CarMax Inc MEX:KMX
63 GF Score
Price MXN1,030.00
GF Value MXN1,356.09
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CarMax Receivables Turnover?

CarMax MEX:KMX 63 Receivables Turnover is 34.33 as of May. 2026. GuruFocus rates MEX:KMX with a GF Score™ of 63/100 and a GF Value™ of MXN1,356.09 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,315 Vehicles & Parts companies, CarMax ranks better than 98.63% 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. CarMax's Revenue for the three months ended in May. 2026 was MXN139,033 Mil. CarMax's average Accounts Receivable for the three months ended in May. 2026 was MXN4,050 Mil. Hence, CarMax's Receivables Turnover for the three months ended in May. 2026 was 34.33.


CarMax  (MEX:KMX) 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.


CarMax Receivables Turnover Related Terms


CarMax Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CarMax'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.

CarMax Receivables Turnover Chart

CarMax Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.13 64.34 97.83 141.48 120.54

CarMax Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 37.76 34.72 35.14 32.56 34.33

MEX:KMX vs LAD, AN, ALTB: Receivables Turnover Comparison

For the Auto & Truck Dealerships subindustry, CarMax'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.


CarMax Receivables Turnover vs Vehicles & Parts Industry

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

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


MEX:KMX
63GF Score
CarMax Inc MEX:KMX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CarMax Receivables Turnover Calculation

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

CarMax's Receivables Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Receivables Turnover (A: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Feb. 2026 ) / ((Accounts Receivable (A: Feb. 2025 ) + Accounts Receivable (A: Feb. 2026 )) / count )
=445691.193 / ((3873.82 + 3520.824) / 2 )
=445691.193 / 3697.322
=120.54

CarMax's Receivables Turnover for the quarter that ended in May. 2026 is calculated as

Receivables Turnover (Q: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2026 ) / ((Accounts Receivable (Q: Feb. 2026 ) + Accounts Receivable (Q: May. 2026 )) / count )
=139032.952 / ((3520.824 + 4578.942) / 2 )
=139032.952 / 4049.883
=34.33

* 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 34.33 mean?
CarMax (MEX:KMX) has a Receivables Turnover of 34.33 as of May. 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 CarMax and its competitors. According to the industry distribution chart, CarMax ranks #18 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 1.4%.
Is CarMax's Receivables Turnover too high?
CarMax's current Receivables Turnover is 34.33. The Vehicles & Parts industry median Receivables Turnover is 5.99. CarMax's value of 34.33 is 473.1% above this industry median. Based on the distribution chart, CarMax ranks #18 out of 1315 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, CarMax has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CarMax's Receivables Turnover compare to LAD and AN?
According to the Vehicles & Parts industry distribution chart, CarMax ranks #18 out of 1315 companies for Receivables Turnover. This places CarMax in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. CarMax's value of 34.33 is 473.1% 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 1,315 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. CarMax's current Receivables Turnover of 34.33 is 473.1% 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 CarMax 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. CarMax's current Receivables Turnover is 34.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarMax stock overvalued right now?
Based on GuruFocus' analysis, CarMax (MEX:KMX) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,356.09, compared to a current price of MXN1,030.00 — trading 24% below its estimated fair value. The current Receivables Turnover is 34.33 and 473.1% above the Vehicles & Parts industry median of 5.99. CarMax's overall GF Score™ is 63/100 with 8 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 CarMax (MEX:KMX), the current Receivables Turnover is 34.33 as of May. 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 CarMax (MEX:KMX) Overvalued in 2026?

Based on GuruFocus' analysis, CarMax stock appears to be undervalued. The current stock price of MXN1,030.00 is trading 24% below its estimated GF Value™ of MXN1,356.09. GuruFocus considers CarMax to be Modestly Undervalued.

Key valuation signals for MEX:KMX:

  • Receivables Turnover: 34.33
  • GF Value™: MXN1,356.09 vs. price of MXN1,030.00 (24% below fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 473.1% above the Vehicles & Parts median (#18 of 1315)

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


CarMax Business Description

Address 12800 Tuckahoe Creek Parkway, Richmond, VA, USA, 23238
CarMax sells, finances, and services used and new cars through a chain of over about 260 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 were 80% of fiscal 2026 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2026, the company retailed and wholesaled 780,684 and 538,203 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US, but still estimates that it had only about 3.6% US market share of vehicles zero to 10 years old in calendar 2025. CarMax is based in Richmond, Virginia.
63GF Score

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

MXN1,030.00
Price
MXN1,356.09
GF Value