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.