Carvana Inventory Turnover Ratio 2015-2023 | CVNA

Current and historical inventory turnover ratio for Carvana (CVNA) from 2015 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Carvana inventory turnover ratio for the three months ending December 31, 2023 was 1.76.
Carvana Inventory Turnover Ratio Historical Data
Date
Sector Industry Market Cap Revenue
Retail/Wholesale Internet Commerce $15.647B $10.771B
Carvana Co. is a leading e-commerce platform for buying and selling used cars. Carvana's end-to-end online business model that covers every aspect of used-car retailing - including sales, financing, logistics, inspection and repair centers, as well as software development - has transformed traditional used-car sales in several ways. With a mission of changing the way people buy cars, Carvana is harnessing the power of digitization and applying it to the auto industry. It is changing customers' shopping experience by letting them find the perfect car from the comfort of homes without having to haggle with sales people. Thanks to advanced technology, customers can browse through its broad inventory of high-quality used cars and get a clear and complete view of the interior and exterior of each car. Once the customers make their selection, the vehicle is either delivered to their home as soon as the next day or available for pick up at a car vending machine.
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