KB Home (KBH)

Cash conversion cycle

Nov 30, 2025 Aug 31, 2025 May 31, 2025 Feb 28, 2025 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
Days of inventory on hand (DOH) days 409.17 407.03 407.22 400.76 370.12 396.92 385.65 375.72 372.50 363.40 351.96 381.18 388.09 418.27 422.33 408.04 392.24 412.16 413.22 443.97
Days of sales outstanding (DSO) days 20.85 21.80 20.49 18.71 20.17 20.85 21.24 20.08 21.05 17.76 17.95 18.63 17.25 19.07 18.51 19.22 19.39 20.54 20.72 21.41
Number of days of payables days 25.57 25.74 24.95 24.70 25.95 28.37 28.78 27.21 28.31 27.32 24.74 24.58 29.10 33.07 36.76 30.21 30.37 30.15 30.66 30.20
Cash conversion cycle days 404.44 403.10 402.76 394.76 364.34 389.39 378.10 368.59 365.24 353.84 345.16 375.22 376.24 404.27 404.08 397.05 381.27 402.56 403.28 435.18

November 30, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 409.17 + 20.85 – 25.57
= 404.44