Carvana Payables Turnover from 2010 to 2024

CVNA Stock  USD 246.75  3.31  1.32%   
Carvana's Payables Turnover is increasing over the years with very volatile fluctuation. Payables Turnover is expected to dwindle to 38.37. Payables Turnover is a liquidity ratio that shows how quickly Carvana Co pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
40.38839286
Current Value
38.37
Quarterly Volatility
91.46755017
 
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Yuan Drop
 
Covid
Check Carvana financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carvana's main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.6 M, Interest Expense of 663.6 M or Selling General Administrative of 812.9 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0051 or PTB Ratio of 15.78. Carvana financial statements analysis is a perfect complement when working with Carvana Valuation or Volatility modules.
  
Check out the analysis of Carvana Correlation against competitors.

Latest Carvana's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Carvana Co over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Carvana's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carvana's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Very volatile
   Payables Turnover   
       Timeline  

Carvana Payables Turnover Regression Statistics

Arithmetic Mean57.26
Geometric Mean33.77
Coefficient Of Variation159.75
Mean Deviation47.46
Median18.83
Standard Deviation91.47
Sample Variance8,366
Range364
R-Value0.01
Mean Square Error9,008
R-Squared0.0002
Significance0.96
Slope0.30
Total Sum of Squares117,128

Carvana Payables Turnover History

2024 38.37
2023 40.39
2022 57.21
2021 77.2
2020 72.07
2019 14.65
2018 14.97

About Carvana Financial Statements

Carvana stakeholders use historical fundamental indicators, such as Carvana's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Carvana investors may analyze each financial statement separately, they are all interrelated. For example, changes in Carvana's assets and liabilities are reflected in the revenues and expenses on Carvana's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Carvana Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 40.39  38.37 

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When determining whether Carvana offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Carvana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Carvana Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Carvana Co Stock:
Check out the analysis of Carvana Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carvana. If investors know Carvana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carvana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.82)
Earnings Share
2.49
Revenue Per Share
106.047
Quarterly Revenue Growth
0.318
Return On Assets
0.0604
The market value of Carvana is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana's value that differs from its market value or its book value, called intrinsic value, which is Carvana's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carvana's market value can be influenced by many factors that don't directly affect Carvana's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carvana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carvana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.