DR Horton Inc (DHI)
Number of days of payables
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
September 30, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for D.R. Horton Inc. has fluctuated over the past five years. As of September 30, 2023, the company had an average of 17.42 days of payables, representing a decrease from the previous year's 21.61 days. This indicates a shorter period within which the company settles its outstanding payables. In comparison to 2019, there has been an increase in the number of days of payables, suggesting a longer period for settling payables in 2022 and 2021. Overall, the company's management of payables appears to have improved in 2023, as reflected in the reduced number of days required to settle its payables.
Peer comparison
Sep 30, 2023