DR Horton Inc (DHI)
Receivables turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 36,801,400 | 35,460,400 | 33,480,000 | 27,774,200 | 20,311,100 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
September 30, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $36,801,400K ÷ $—K
= —
To calculate the receivables turnover ratio for DR Horton Inc, we need accounts receivable values for consecutive years. Unfortunately, the table provided lacks this specific information. The receivables turnover ratio is a measure of how efficiently a company collects outstanding payments from its customers. It is calculated by dividing the net credit sales by the average accounts receivable balance.
Without the necessary data, we are unable to determine the receivables turnover ratio for DR Horton Inc over the specified years. As a financial analyst, having access to these values would allow for a more detailed analysis of the company's ability to manage its accounts receivable effectively and efficiently.
Peer comparison
Sep 30, 2024