Lennar Corporation (LEN)

Receivables turnover

		Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020
Revenue	US$ in thousands	35,476,700	34,233,400	33,671,000	27,130,700	22,488,900
Receivables	US$ in thousands	1,652,560	1,696,200	673,980	490,278	298,671
Receivables turnover		21.47	20.18	49.96	55.34	75.30

November 30, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $35,476,700K ÷ $1,652,560K
= 21.47

Based on the provided data, the receivables turnover ratio for Lennar Corporation is not available for the fiscal years ending November 30, 2020 to November 30, 2024. This ratio is typically used to assess how efficiently a company is able to collect its accounts receivable during a specific period. The absence of data may indicate that Lennar Corporation may not publicly disclose or track this particular financial metric, making it challenging to evaluate the effectiveness of the company's credit policies and collection efforts.

Peer comparison

Nov 30, 2024

Company name

Symbol

Receivables turnover

Lennar Corporation

LEN

21.47