LGI Homes (LGIH)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,669,310 | 1,816,390 | 1,657,860 | 2,232,120 | 1,764,830 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,669,310K ÷ $—K
= —
Based on the provided data, LGI Homes payables turnover ratio for the years 2020, 2021, 2022, 2023, and 2024 is marked as "—". This indicates that specific information related to payables turnover, which measures how efficiently the company is managing its accounts payable, is not available for these years.
As a result, without the exact values for payables turnover, it is challenging to assess how quickly LGI Homes is paying its suppliers or the overall effectiveness of their working capital management in relation to accounts payable during the specified years. This lack of data hinders a detailed analysis of the company's payables turnover trend and its implications on liquidity and vendor relationships. Further insights would be necessary to evaluate LGI Homes' efficiency in managing its payables over time.
Peer comparison
Dec 31, 2024