KB Home (KBH)
Receivables turnover
| Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,410,630 | 6,900,180 | 5,719,860 | 4,183,170 | 4,552,750 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
November 30, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $6,410,630K ÷ $—K
= —
The receivables turnover ratio of KB Home has shown fluctuations over the past five years. In 2023, the ratio stands at 17.34, a decrease from the previous year's 21.16. This indicates a decrease in the efficiency of collecting outstanding receivables compared to the previous year. However, it is important to note that the ratio is still higher than in 2020 and 2019, suggesting improved efficiency in collecting receivables compared to those years. Overall, fluctuations in the receivables turnover ratio should be further analyzed to understand the underlying causes and their potential impact on the company's financial performance.
Peer comparison
Nov 30, 2023