Century Communities Inc (CCS)

Receivables turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	4,398,293	4,330,443	4,082,996	3,887,737	3,692,184	3,665,734	3,920,601	4,242,550	4,505,910	4,533,580	4,347,322	4,224,092	4,216,312	3,997,290	3,833,619	3,567,153	3,161,192	2,965,956	2,761,957	2,605,463
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	494,884	—	—	494,310	494,117	—	2,380	2,407	2,434	2,460	2,486	2,571
Receivables turnover		—	—	—	—	—	—	—	—	9.10	—	—	8.55	8.53	—	1,610.76	1,481.99	1,298.76	1,205.67	1,111.00	1,013.40

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,398,293K ÷ $—K
= —

The receivables turnover ratio for Century Communities Inc has shown a steady increase from March 31, 2020, to June 30, 2021, indicating that the company has been able to collect its accounts receivables more efficiently over this period. The ratio increased from 1,013.40 to 1,610.76 during this timeframe.

However, there is a significant drop in the receivables turnover ratio in the following periods. By December 31, 2021, the ratio plummeted to 8.53 and slightly increased to 9.10 by December 31, 2022. It is notable that there are missing values for the receivables turnover ratio from September 30, 2021, to June 30, 2022, and then for the subsequent periods up to December 31, 2024.

The sudden decrease in the receivables turnover ratio may raise concerns about the company's ability to efficiently collect its accounts receivables during those periods. Further analysis and information would be required to understand the reasons behind this fluctuation and the impact on the company's overall financial health and operational efficiency.