KB Home (KBH)

Working capital turnover

		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	Nov 30, 2019	Aug 31, 2019	May 31, 2019
Revenue (ttm)	US$ in thousands	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	4,552,753	4,342,683	4,407,243
Total current assets	US$ in thousands	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	454,858	184,837	179,764
Total current liabilities	US$ in thousands	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	881,555	911,023	868,736
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

February 29, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $6,494,090K ÷ ($488,400K – $1,038,990K)
= —

To calculate KB Home's working capital turnover, we need the formula: Working Capital Turnover = Revenue / Average Working Capital. Unfortunately, as the working capital figures are not provided in the table, we are unable to compute the exact working capital turnover ratio for the specified periods.

However, the working capital turnover ratio is a measure of how efficiently a company is using its working capital to generate sales. A higher ratio indicates that the company is effectively utilizing its working capital to generate revenue, while a lower ratio suggests inefficiency in the management of working capital.

To provide a more detailed analysis of KB Home's working capital turnover, we would need access to the specific working capital figures for each period mentioned in the table. By tracking the trend of the working capital turnover ratio over time, we could assess the company's efficiency in managing its working capital in relation to its revenue generation. This analysis would help in evaluating the company's operational efficiency and financial performance.