KB Home (KBH)
Receivables turnover
Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 6,930,090 | 6,604,180 | 6,438,580 | 6,494,090 | 6,410,630 | 6,676,670 | 6,934,560 | 6,889,300 | 6,903,780 | 6,638,950 | 6,261,150 | 5,981,980 | 5,724,930 | 5,243,990 | 4,775,903 | 4,248,983 | 4,183,183 | 4,547,603 | 4,709,380 | 4,817,210 |
Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 43,300 | 43,300 | 44,304 |
Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 105.03 | 108.76 | 108.73 |
November 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,930,090K ÷ $—K
= —
The receivables turnover ratio for KB Home has remained relatively stable over the past few reporting periods, with values around 108. This ratio indicates how efficiently the company is able to collect payment from its customers. A higher receivables turnover ratio is generally favorable as it suggests that the company is efficiently collecting payments on its credit sales.
However, the absence of data for the more recent reporting periods from November 2020 onwards limits our ability to provide a current assessment of the receivables turnover ratio. It would be important to monitor future financial reports to assess any changes in KB Home's receivables turnover and to understand how effectively the company is managing its accounts receivable.
Peer comparison
Nov 30, 2024