Lennar Corporation (LEN)

Payables 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
Cost of revenue (ttm) US$ in thousands 353,834 440,170 389,642 357,412 336,923 660,725 662,138 642,593 617,901 510,816 490,201 475,711 472,581 5,547,840 10,060,598 14,194,941 17,740,760 18,074,780 18,238,500 18,537,740
Payables US$ in thousands
Payables turnover

November 30, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $353,834K ÷ $—K
= —

The payables turnover ratio for Lennar Corporation is not available for the periods provided in the data. This ratio measures how efficiently a company is managing its accounts payable by comparing the cost of goods sold to the average accounts payable balance.

Without specific values for payables turnover, we are unable to assess the company's ability to pay its suppliers in a timely manner or identify any significant changes in its payables management over the given timeframe. It is important for investors and analysts to monitor this ratio to understand the company's liquidity and working capital management.


Peer comparison

Nov 30, 2024

Company name
Symbol
Payables turnover
Lennar Corporation
LEN
Fortune Brands Innovations Inc.
FBIN
7.06
Installed Building Products Inc
IBP
15.26