Carmax Inc Inventory Turnover Ratio (COS)
Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics
Due to inventory build up in the first quarter 2024, Carmax Inc 's inventory turnover ratio sequentially decreased to 6.37 in the first quarter 2023, unsurprisingly, as the Carmax Inc markets continue to deteriorate, and KMX's faces growing challenges to bring down its inventories. Carmax Inc 's average inventory processing period in the May 31 2023 quarter, has increased to 57 days, from 56 days, in the Feb 28 2023 quarter.
Within Retail sector 57 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2024, to 3, from total ranking in the forth quarter 2023 at 423.
KMX Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Carmax Inc Market Share?
What is Inventory Turnover Ratio?
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Select the Comparisons :
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Select the Ratio:
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| KMX Inventory Turnover Ratio |
(May 31 2023)
I. Quarter |
(Feb 28 2023)
IV. Quarter |
(Nov 30 2022)
III. Quarter |
(Aug 31 2022)
II. Quarter |
(May 31 2022)
I. Quarter |
| Y / Y Inventory Growth |
-13 % |
-27.29 % |
-26.71 % |
13.79 % |
44.39 % |
| Y / Y Cost of Sales Growth |
-18.57 % |
-26.72 % |
-22.91 % |
3.27 % |
24.56 % |
| Inventory Turnover Ratio (TTM) |
6.37 |
6.52 |
6.42 |
6.37 |
6.52 |
| KMX's Total
Ranking |
# 3 |
# 423 |
# 574 |
# 482 |
# 561 |
| Average inventory processing period |
57 |
56 |
57 |
57 |
56 |
| Seq. Inventory Growth |
9.53 % |
9.11 % |
-26.9 % |
-0.41 % |
-8.46 % |
| Seq. Cost of Sales Growth |
34.4 % |
-13.79 % |
-19.96 % |
-12.19 % |
20.94 % |
| Inventory Turnover Ratio Statistics |
| High |
Average |
Low |
| 8.22 |
6.96 |
4.5 |
| (May 30, 2010) |
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(Sep. 30, 2015) |
| Companies with similar Inventory Turnover Ratio for the quarter ending May 31 2023, within Retail Sector | Inventory Turnover Ratio | Cost of revenues at quarter ending May 31 2023 | Inventories at quarter ending May 31 2023 | | Cvs Health Corporation | 15.68 | $ 285,038.000 Millions | $ 18,176 Millions | | Star Group L p | 15.40 | $ 1,235.898 Millions | $ 80 Millions | | Performance Food Group Company | 15.32 | $ 50,999.000 Millions | $ 3,329 Millions | | A mark Precious Metals Inc | 15.27 | $ 8,991.892 Millions | $ 589 Millions | | Amcon Distributing Co | 15.20 | $ 2,329.826 Millions | $ 153 Millions | | Amerisourcebergen Corp | 14.86 | $ 245,733.629 Millions | $ 16,536 Millions | | Spartannash Company | 14.26 | $ 8,332.601 Millions | $ 584 Millions | | Mckesson Corporation | 13.46 | $ 271,683.000 Millions | $ 20,184 Millions | | Sprouts Farmers Market Inc | 13.43 | $ 4,159.086 Millions | $ 310 Millions | | Blue Apron Holdings Inc | 13.39 | $ 282.540 Millions | $ 21 Millions | | Pc Connection Inc | 12.59 | $ 2,458.192 Millions | $ 195 Millions | | Cardinal Health Inc | 12.06 | $ 198,123.000 Millions | $ 16,429 Millions | | Asbury Automotive Group Inc | 11.80 | $ 11,981.400 Millions | $ 1,016 Millions | | Albertsons Companies Inc | 11.64 | $ 56,516.000 Millions | $ 4,857 Millions | | Qvc inc | 11.61 | $ 12,897.946 Millions | $ 1,111 Millions | | The Kroger Co | 11.56 | $ 116,608.000 Millions | $ 10,084 Millions | | Cosmos Health Inc | 10.80 | $ 44.657 Millions | $ 4 Millions | | Chewy Inc | 10.71 | $ 7,497.527 Millions | $ 700 Millions | | Bj s Wholesale Club Holdings Inc | 10.64 | $ 15,843.947 Millions | $ 1,489 Millions | | Coupang Inc | 10.55 | $ 16,610.138 Millions | $ 1,574 Millions | | Suburban Propane Partners Lp | 10.13 | $ 660.531 Millions | $ 65 Millions | | Autonation Inc | 9.89 | $ 21,435.400 Millions | $ 2,167 Millions | | America s Car mart Inc | 9.69 | $ 1,182.917 Millions | $ 122 Millions | | Rite Aid Corp | 9.64 | $ 18,944.741 Millions | $ 1,965 Millions | | Group 1 Automotive Inc | 9.62 | $ 13,945.300 Millions | $ 1,450 Millions | | Ingles Markets Incorporated | 9.50 | $ 4,460.815 Millions | $ 470 Millions | | Chefs Warehouse Inc | 9.30 | $ 2,331.386 Millions | $ 251 Millions | | Sonic Automotive Inc | 8.94 | $ 11,903.500 Millions | $ 1,331 Millions | | Shift Technologies Inc | 8.66 | $ 319.717 Millions | $ 37 Millions | | Amazon com Inc | 8.27 | $ 293,072.000 Millions | $ 35,452 Millions |
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