KB Home (KBH)
Days of sales outstanding (DSO)
| Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
November 30, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a ratio that measures the average number of days a company takes to collect its accounts receivable. For KB Home, the DSO trend over the past five years shows a variation in the collection period. In 2023, the DSO increased to 21.05 days from 17.25 days in 2022, indicating a lengthening of the collection period. This could imply a potential slowdown in the collection of accounts receivable.
Comparing to 2021 and 2020, DSO was 19.53 and 23.96 days, respectively, showing a decrease from 2020 to 2021 and an increase in the following year. This fluctuation may indicate changes in the company's credit policy, collection efforts, or the quality of its receivables. Additionally, in 2019, the DSO was 20.15 days, suggesting a relatively consistent collection period compared to the subsequent years.
Overall, the DSO trend for KB Home indicates some variability in its accounts receivable collection efficiency over the past five years, and further analysis of the company's collection practices and market conditions may provide insights into the factors driving these fluctuations.
Peer comparison
Nov 30, 2023