Carvana Co's average Accounts Receivable for the
three
months ended in Mar. 2024 was $309 Mil. Carvana Co's Revenue for the
three
months ended in Mar. 2024 was $3,061 Mil.
Hence, Carvana Co's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 9.20.
The historical rank and industry rank for Carvana Co's Days Sales Outstanding or its related term are showing as below:
CVNA'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.38 Med: 4.27 Max: 10.48
Current: 10.48
During the past 10 years, Carvana Co's highest Days Sales Outstanding was 10.48. The lowest was 3.38. And the median was 4.27.
CVNA's Days Sales Outstanding is ranked better than 93.38% of 1268
companies
in the Vehicles & Parts industry
Industry Median: 60.285
vs CVNA: 10.48
Carvana Co's Days Sales Outstanding
declined
from Mar. 2023 (10.42) to Mar. 2024 (9.20).
Carvana Co Days Sales Outstanding Historical Data
The historical data trend for Carvana Co's Days Sales Outstanding 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.
Competitive Comparison of Carvana Co's Days Sales Outstanding
For the Auto & Truck Dealerships subindustry, Carvana Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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's Days Sales Outstanding Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Carvana Co's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Carvana Co's Days Sales Outstanding falls into.
Carvana Co Days Sales Outstanding Calculation
Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.
* 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 (NYSE:CVNA) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Carvana Co Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Carvana Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CVNA has been successfully added to your 