DR Horton Inc (DHI)

Receivables turnover

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 Dec 31, 2019
Revenue (ttm) US$ in thousands 36,801,500 37,302,900 37,062,800 35,928,500 35,460,300 34,595,700 33,658,200 33,684,300 33,479,900 31,949,800 30,446,300 28,894,200 27,774,200 26,065,300 24,170,700 22,223,800 20,311,100 18,949,600 18,465,900 18,094,600
Receivables US$ in thousands
Receivables turnover

September 30, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $36,801,500K ÷ $—K
= —

To calculate DR Horton Inc's receivables turnover ratio, we would need information on its net credit sales and average accounts receivable for each period provided in the table. Since this data is not available, we are unable to compute the receivables turnover ratio for any of the specified periods.

The receivables turnover ratio is a financial metric that measures how efficiently a company is managing its receivables. A higher turnover ratio indicates that the company is collecting its receivables more quickly. Conversely, a lower turnover ratio may suggest inefficiencies in collections or potential issues with credit policies.

Without the necessary data, a detailed analysis of DR Horton Inc's receivables turnover for the periods listed is not possible.