KB Home (KBH)
Days of sales outstanding (DSO)
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 105.03 | 108.76 | 108.73 | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 3.48 | 3.36 | 3.36 | — | — | — |
February 29, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days of Sales Outstanding (DSO) ratio for KB Home has shown a relatively consistent trend over the periods provided. DSO measures how efficiently a company collects its accounts receivable from customers. In the most recent period, ending February 29, 2024, the DSO stood at an undisclosed number of days.
Looking at the pattern in the available data, the DSO for KB Home has been consistently low, ranging between 3.36 and 3.48 days. This suggests that the company is efficient in collecting payments from its customers, as a lower DSO indicates that it takes a shorter time to convert sales into cash. A low DSO can be an indicator of a strong credit and collection policy, effective invoicing processes, or a customer base with good payment practices.
However, it's important to note that without the exact figure for February 29, 2024, it's challenging to provide a detailed assessment of the current DSO trend. Nonetheless, based on the historical data, KB Home's low DSO indicates effective accounts receivable management, which is a positive sign for the company's financial health and cash flow management.
Peer comparison
Feb 29, 2024