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Cargurus Inc   (CARG)
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Cargurus Inc 's Working Capital Per Sales

CARG's Working Capital and Revenue growth



CARG Working Capital Per Revenue (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Working Capital Change -5.91 % 0.17 % 23.64 % 59.51 % 97.15 %
Y / Y Revenue Change -48.58 % -53.22 % -46.13 % -15.5 % 91.31 %
Working Capital Per Revenue 0.44 0.37 0.3 0.25 0.22
Total Ranking # 2035 # 1574 # 1279 # 839 # 857
Seq. Working Capital Change 0.52 % 1.27 % -7.86 % 0.31 % 7.01 %
Seq. Revenue Change -8.3 % 3.09 % -19.1 % -32.76 % -16.58 %





Comment on CARG's Working Capital Per Revenue in the third quarter 2023
Cargurus Inc 's Working Capital Per Revenue sequentially grew to 0.44 during the Q3 2023, a new company high. Due to increase of revenue in the Q3 2023 year on year by -48.58%.

Within Technology sector 99 other companies have achieved lower Working Capital Per Revenue during the Q3 2023. While Working Capital Per Revenue total ranking has deteriorated in the third quarter 2023, compared to previous quarter from 1574 to 2035.
Working Capital Per Revenue Ranking
Within: No.
Industry # 19
Sector # 100
S&P 500 # 2035


Working Capital Per Revenue Statistics
High Average Low
0.44
0.29
0.21
(Sep 30 2023)   (Dec 31 2019)



Financial Statements
Cargurus Inc 's Working Capital $ 427 Millions Visit CARG's Balance sheet
Cargurus Inc 's Revenues $ 219 Millions Visit CARG's Income Statement
Where are CARG's Sales coming from? Visit CARG's Sales by Geography




Companies with similar Average Working Capital Per Revenue for 12 months ending Sep 30 2023, within Technology Sector Working Capital Per Revenue
Zoom Video Communications Inc   1.21 
Onto Innovation Inc   1.21 
Cloudflare Inc   1.18 
Marin Software Incorporated  1.15 
Avidxchange Holdings Inc   1.14 
Duolingo Inc   1.14 
Health Catalyst Inc   1.14 
Goodrx Holdings Inc   1.14 
Amplitech Group Inc   1.12 
Pagerduty Inc   1.12 
Mongodb Inc   1.10 
Blacksky Technology Inc   1.09 
Macom Technology Solutions Holdings Inc   1.09 
Eventbrite Inc   1.07 
Micron Technology Inc   1.07 
Smartrent Inc   1.07 
Iveda Solutions Inc   1.06 
Definitive Healthcare Corp   1.06 
Soundhound Ai Inc   1.06 
Viant Technology Inc   1.06 
Magnachip Semiconductor Corporation  1.05 
Pixelworks Inc  1.05 
Jfrog Ltd   1.04 
Hopto Inc   1.02 
Power Integrations Inc   1.01 
Model N Inc   1.00 
Snowflake Inc   1.00 
Twilio Inc   0.99 
Clearfield Inc   0.97 
Trade Desk Inc   0.97 
Date modified: 2023-11-08T18:41:19+00:00



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