Copart Inventory Turnover Ratio 2010-2024 | CPRT
Current and historical inventory turnover ratio for Copart (CPRT) from 2010 to 2024. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Copart inventory turnover ratio for the three months ending January 31, 2024 was 12.99.
| Copart Inventory Turnover Ratio Historical Data |
| Date |
|
|
|
| Sector |
Industry |
Market Cap |
Revenue |
| Business Services |
Auction & Valuation Services |
$53.094B |
$3.870B |
|
Copart, Inc. provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. Copart's services include online supplier access, salvage estimation services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing and flexible vehicle processing programs, among others.
|
