Lennar Corporation (LEN)
Activity ratios
Short-term
Turnover ratios
| 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 | Nov 30, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.04 | 1.94 | 1.96 | 1.35 | 0.96 | 0.93 | 0.92 | 0.97 | 1.16 | 1.17 | 1.16 | 1.14 | 1.00 | 0.98 | 0.99 | 1.06 | 0.99 | 0.99 | 1.00 | 1.02 |
| Receivables turnover | 22.44 | 24.06 | 23.35 | 21.47 | 22.66 | 23.04 | 27.27 | 38.54 | 39.68 | 54.31 | 60.69 | 50.02 | 47.96 | 58.86 | 61.42 | 55.36 | 69.11 | 69.15 | 77.59 | 75.21 |
| Payables turnover | 18.40 | 13.21 | 14.51 | 14.93 | 11.06 | 10.99 | 11.78 | 10.95 | 14.81 | 14.89 | 16.78 | 15.16 | 14.76 | 13.89 | 15.46 | 14.98 | 15.30 | 15.57 | 16.99 | 16.67 |
| Working capital turnover | 2.63 | 2.78 | 2.79 | 1.86 | 1.70 | 1.70 | 1.73 | 1.32 | 1.34 | 1.37 | 1.37 | 1.34 | 1.37 | 1.34 | 1.33 | 1.31 | 1.22 | 1.21 | 1.20 | 1.19 |
Average number of days
| 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 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 178.66 | 188.62 | 186.13 | 269.97 | 380.78 | 394.31 | 394.65 | 375.08 | 315.70 | 312.60 | 315.51 | 319.23 | 363.78 | 373.33 | 368.00 | 345.05 | 370.42 | 368.66 | 366.43 | 357.24 |
| Days of sales outstanding (DSO) | days | 16.27 | 15.17 | 15.63 | 17.00 | 16.11 | 15.84 | 13.39 | 9.47 | 9.20 | 6.72 | 6.01 | 7.30 | 7.61 | 6.20 | 5.94 | 6.59 | 5.28 | 5.28 | 4.70 | 4.85 |
| Number of days of payables | days | 19.84 | 27.62 | 25.16 | 24.45 | 32.99 | 33.21 | 30.98 | 33.34 | 24.65 | 24.52 | 21.75 | 24.07 | 24.73 | 26.29 | 23.61 | 24.36 | 23.86 | 23.44 | 21.48 | 21.90 |
Long-term
| 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 | Nov 30, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | 121.97 | 127.67 | 132.28 | 128.89 | — | — | — | — | 242.89 | 242.59 | 236.87 | 224.78 | 210.01 | 199.89 | 184.25 | 79.85 | 162.48 | 155.44 | 141.48 | 54.59 |
| Total asset turnover | 1.00 | 1.03 | 1.02 | 0.86 | 0.92 | 0.92 | 0.90 | 0.87 | 0.89 | 0.91 | 0.93 | 0.89 | 0.90 | 0.87 | 0.86 | 0.82 | 0.78 | 0.78 | 0.76 | 0.75 |