KB Home (KBH)

Number of days of payables

Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019
Payables turnover
Number of days of payables days

November 30, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

To analyze the trend in KB Home's number of days of payables, we observe that it has fluctuated over the past five years. The number of days of payables decreased slightly from 30.37 days in 2021 to 28.19 days in 2023, indicating a potential improvement in the company's ability to pay its trade payables. However, it is essential to note that this metric may be influenced by various factors, including vendor payment terms, business operations, and working capital management. Overall, a lower number of days of payables suggests a more efficient management of trade credit and potentially a stronger bargaining position with suppliers. Conversely, a higher number of days of payables may indicate a strain on working capital or difficulties in managing trade payables. It is crucial for investors and stakeholders to consider the company's overall financial health and industry norms when interpreting this metric.


Peer comparison

Nov 30, 2023