Dream Finders Homes Inc (DFH)
Receivables turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|
Revenue | US$ in thousands | 3,748,590 | 3,342,340 | 1,923,910 |
Receivables | US$ in thousands | — | — | — |
Receivables turnover | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,748,590K ÷ $—K
= —
To calculate Dream Finders Homes Inc's receivables turnover, we need to use the formula:
Receivables Turnover = Net Credit Sales / Average Accounts Receivable
However, since the table doesn't directly provide the figures for net credit sales and accounts receivable, we are unable to calculate the receivables turnover ratio. It is essential to know the credit sales and accounts receivable balances to derive this ratio accurately.
Receivables turnover ratio measures how efficiently a company is managing its receivables, representing the number of times a company collects its average accounts receivable balance during a period. A higher receivables turnover ratio indicates a faster collection of receivables, demonstrating strong liquidity and efficient management of credit policies. Conversely, a lower ratio may suggest difficulties in collecting payments from customers or overly lenient credit terms.
Without specific data points for net credit sales and accounts receivable, the analysis of Dream Finders Homes Inc's receivables turnover remains unavailable for the mentioned years. It is crucial for investors and stakeholders to have access to complete financial information to assess the company's operational efficiency and financial health accurately.
Peer comparison
Dec 31, 2023