Carvana Co (CVNA) — Defensive Interval Ratio
Carvana Co (CVNA) has a Defensive Interval Ratio of 172 days as of March 2026. Defensive assets of $831.00 Million (cash $-, short-term investments $492.00 Million, receivables $339.00 Million) cover 172 days of daily cash needs of $4.82 Million/day. See working capital position of Carvana Co to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Carvana Co Defensive Interval Ratio (2014–2025)
This chart shows how Carvana Co's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 172 days, meaning defensive assets of $831.00 Million can fund 172 days of operations without new revenue. See CVNA net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Carvana Co (2014–2025)
The table below presents the year-by-year Defensive Interval Ratio for Carvana Co from 2014 to 2025, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Carvana Co (CVNA) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 176 days | $731.00 Million | $4.16 Million/day | $- | $486.00 Million | ▼ -34 days |
| 2024 | 209 days | $767.00 Million | $3.67 Million/day | $- | $464.00 Million | ▲ +59 days |
| 2023 | 150 days | $632.00 Million | $4.21 Million/day | $- | $366.00 Million | ▲ +69 days |
| 2022 | 81 days | $574.00 Million | $7.10 Million/day | $- | $321.00 Million | ▲ +7 days |
| 2021 | 74 days | $588.00 Million | $7.92 Million/day | $- | $382.00 Million | ▼ -90 days |
| 2020 | 164 days | $210.00 Million | $1.28 Million/day | $- | $131.00 Million | ▲ +106 days |
| 2019 | 59 days | $138.64 Million | $2.37 Million/day | $- | $98.78 Million | ▲ +22 days |
| 2018 | 37 days | $33.12 Million | $902.77K/day | $- | $- | ▲ +3 days |
| 2017 | 34 days | $28.55 Million | $838.44K/day | $- | $14.44 Million | ▲ +4 days |
| 2016 | 30 days | $15.96 Million | $538.13K/day | $- | $10.27 Million | ▼ -4 days |
| 2015 | 34 days | $6.51 Million | $193.99K/day | $- | $2.12 Million | ▲ +25 days |
| 2014 | 8 days | $450.00K | $53.72K/day | $- | $- | — |