Company: KMX
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001170010-25-000024
Chunk: 114

Company: CARMAX INC
Filing Date: 2025-04-11
Form: 10-K
Item: Item 8
Chunk 114
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.9 523.9 2.98 61-90 days past due14.8 127.3 79.6 221.7 41.2 262.9 1.49 Greater than 90 days past due5.9 34.3 16.9 57.1 10.0 67.1 0.38 Total past due57.4 437.6 235.8 730.8 123.1 853.9 4.85 Total ending managed receivables$9,600.7 $5,929.1 $1,400.5 $16,930.3 $664.3 $17,594.6 100.00 As of February 29, 2024Tier 1 ReceivablesTier 2 & Tier 3 ReceivablesTotal(In millions)ABC & OtherTotalC & Other$%  (1)Current$9,088.1 $5,666.3 $1,243.7 $15,998.1 $447.1 $16,445.2 94.56 Delinquent loans:31-60 days past due32.1 271.3 162.9 466.3 68.1 534.4 3.07 61-90 days past due15.1 149.4 118.5 283.0 53.0 336.0 1.93 Greater than 90 days past due5.8 36.5 23.6 65.9 10.3 76.2 0.44 Total past due53.0 457.2 305.0 815.2 131.4 946.6 5.44 Total ending managed receivables$9,141.1 $6,123.5 $1,548.7 $16,813.3 $578.5 $17,391.8 100.00 (1)Percent of total ending managed receivables.

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5.    DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

We use derivatives to manage certain risks arising from both our business operations and economic conditions, particularly with regard to issuances of debt.  Primary exposures include SOFR and other rates used as benchmarks in our se