KB Home (KBH)

Working capital 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
Total current assets US$ in thousands 385,100 218,900 528,700 488,400 508,200 460,900 372,600 51,300 330,198 197,257 246,581 242,737 292,136 351,345 609,047 570,959 682,529 766,426 619,333 475,231
Total current liabilities US$ in thousands 384,894 842,256 1,051,090 1,038,990 810,860 1,055,420 1,028,670 1,028,410 1,149,500 1,205,700 1,199,930 1,116,260 1,128,730 1,048,800 982,679 929,651 940,869 862,350 783,261 858,539
Working capital turnover 33,641.21 — — — — — — — — — — — — — — — — — — —

November 30, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $6,930,090K ÷ ($385,100K – $384,894K)
= 33,641.21

The working capital turnover ratio for KB Home as of November 30, 2024, is $33,641.21. This ratio indicates how efficiently the company is utilizing its working capital to generate sales. A higher working capital turnover ratio is generally preferred as it suggests that the company is effectively managing its working capital to support its sales activities.

However, since there is no historical data available for comparison or trend analysis, it is challenging to assess the performance over time. It is essential to monitor this ratio over multiple periods to identify any significant changes that may indicate improvements or deterioration in the company's working capital management efficiency.