• CarMax average current ratio for 2023 was 2.48, a 11.74% decline from 2022.
• CarMax average current ratio for 2022 was 2.81, a 9.34% decline from 2021.
• CarMax average current ratio for 2021 was 2.57, a 2.65% increase from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.