Carvana Working Capital Trend from 2010 to 2022

CVNA -  USA Stock  

USD 32.88  2.17  6.19%

Carvana Co Working Capital is increasing over the years with slightly volatile fluctuation. Ongoing Working Capital is projected to grow to about 2.2 B this year. From 2010 to 2022 Carvana Co Working Capital quarterly data regression line had arithmetic mean of 538,378,279 and slope of  165,449,092. Carvana Co Direct Expenses is projected to increase significantly based on the last few years of reporting. The past year's Direct Expenses was at 1.58 Billion. The current year Cost of Revenue is expected to grow to about 11.7 B, whereas Consolidated Income is forecasted to decline to (309.7 M).
  
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Check Carvana Co financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carvana main balance sheet or income statement drivers, such as Direct Expenses of 1.7 B, Cost of Revenue of 11.7 B or Earning Before Interest and Taxes EBIT of 45.3 M, as well as many exotic indicators such as Long Term Debt to Equity of 5.63, PPandE Turnover of 10.41 or Receivables Turnover of 23.66. Carvana financial statements analysis is a perfect complement when working with Carvana Co Valuation or Volatility modules. It can also supplement various Carvana Co Technical models. Continue to the analysis of Carvana Co Correlation against competitors.

Carvana Co Quarterly Working Capital

1.33 Billion

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Carvana Working Capital Breakdown

Showing smoothed Working Capital of Carvana Co Cl with missing and latest data points interpolated. Working capital measures the difference between Current Assets and Current Liabilities.Carvana Co's Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carvana Co's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 243.26 M10 Years Trend
Increasing
Slightly volatile
 Working Capital 
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Carvana Working Capital Regression Statistics

Arithmetic Mean 538,378,279
Geometric Mean 178,982,422
Coefficient Of Variation 146.21
Mean Deviation 615,833,507
Median 78,823,000
Standard Deviation 787,158,208
Range 2,111,642,632
R-Value 0.82
R-Squared 0.67
Significance 0.00062322
Slope 165,449,092

Carvana Working Capital History

201678.8 M
2017183.7 M
2018333.3 M
2019494.6 M
20201.5 B
2021B
20222.2 B

About Carvana Co Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Carvana Co income statement, its balance sheet, and the statement of cash flows. Carvana Co investors use historical funamental indicators, such as Carvana Co's Working Capital, to determine how well the company is positioned to perform in the future. Although Carvana Co investors may use each financial statement separately, they are all related. The changes in Carvana Co's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carvana Co's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Carvana Co Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Carvana Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Working CapitalB2.2 B
Invested Capital9.2 B10 B
Invested Capital Average7.1 B7.6 B
Market Capitalization40.1 B32.9 B
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company was founded in 2012 and is headquartered in Tempe, Arizona. Carvana Co operates under Internet Retail classification in the United States and is traded on New York Stock Exchange. It employs 10400 people.

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Our tools can tell you how much better you can do entering a position in Carvana Co without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Carvana Co

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carvana Co position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carvana Co will appreciate offsetting losses from the drop in the long position's value.

Carvana Co Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Carvana Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carvana Co when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carvana Co - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carvana Co Cl to buy it.
The correlation of Carvana Co is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carvana Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carvana Co Cl moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carvana Co can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Carvana Co Correlation against competitors. Note that the Carvana Co Cl information on this page should be used as a complementary analysis to other Carvana Co's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Carvana Co Cl price analysis, check to measure Carvana Co's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carvana Co is operating at the current time. Most of Carvana Co's value examination focuses on studying past and present price action to predict the probability of Carvana Co's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Carvana Co's price. Additionally, you may evaluate how the addition of Carvana Co to your portfolios can decrease your overall portfolio volatility.
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Is Carvana Co's industry 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 Co. 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 Co listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Carvana Co Cl 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 Co's value that differs from its market value or its book value, called intrinsic value, which is Carvana Co'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 Co's market value can be influenced by many factors that don't directly affect Carvana Co'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 Co's value and its price as these two are different measures arrived at by different means. Investors typically determine Carvana Co value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana Co'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.