DR Horton Inc (DHI)
Payables turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 27,266,000 | 26,110,000 | 22,975,900 | 19,899,200 | 15,373,200 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
September 30, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $27,266,000K ÷ $—K
= —
To calculate DR Horton Inc's payables turnover for the fiscal years ending on September 30th, we need the following information: accounts payable for each year and cost of goods sold (COGS) for each year.
The payables turnover ratio is calculated as the cost of goods sold divided by the average accounts payable. This ratio measures how efficiently a company is managing its trade credit by paying its suppliers.
Unfortunately, without the specific data for accounts payable and cost of goods sold, it is not possible to compute the payables turnover for DR Horton Inc for the fiscal years shown. To conduct a thorough analysis of the company's payables turnover and its implications for liquidity and operational efficiency, this missing data is essential. It is recommended to consult the company's financial statements or any supplementary sources to obtain the necessary information for a comprehensive assessment.
Peer comparison
Sep 30, 2024