Carvana Co (CVNA) — Defensive Interval Ratio
Carvana Co (CVNA) has a Defensive Interval Ratio of 358 days as of June 2026. Defensive assets of $2.00 Billion (cash $-, short-term investments $502.00 Million, receivables $1.50 Billion) cover 358 days of daily cash needs of $5.59 Million/day.
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 June 2026, the ratio stands at 358 days, meaning defensive assets of $2.00 Billion can fund 358 days of operations without new revenue. For the complete balance sheet picture, see Carvana Co balance sheet assets.
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. See CVNA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 177 days | $736.00 Million | $4.16 Million/day | $- | $486.00 Million | ▼ -32 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 | $- | $- | — |