KB Home (KBH)
Payables turnover
| Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 115,625 | 133,583 | 106,944 | 3,384,530 | 3,713,260 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
November 30, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $115,625K ÷ $—K
= —
The payables turnover ratio for KB Home has remained relatively stable over the past five years. It stood at 14.11 in 2019, decreased to 12.37 in 2020, and then fluctuated within a narrow range, reaching 12.95 in 2023. This indicates that the company efficiently manages its accounts payable by paying its suppliers more frequently compared to the previous years. A higher payables turnover indicates that the company is effectively using its credit terms and managing its cash flow by paying off its suppliers in a timely manner. However, it's important to note that a very high turnover ratio may also signal a potential strain on supplier relationships if the company is pushing for extremely quick payment terms.
Peer comparison
Nov 30, 2023