LGI Homes (LGIH)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,669,310 | 1,705,210 | 1,675,582 | 1,727,302 | 1,816,393 | 1,737,835 | 1,670,376 | 1,658,753 | 1,657,855 | 1,859,987 | 2,018,031 | 2,103,754 | 2,232,115 | 2,296,825 | 2,146,477 | 1,932,673 | 1,764,832 | 1,574,198 | 1,541,658 | 1,528,548 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,669,310K ÷ $—K
= —
The payables turnover ratio for LGI Homes, based on the provided data, is unavailable as the payables turnover figures are not provided for any of the reporting periods from March 31, 2020, to December 31, 2024.
The payables turnover ratio is an important financial metric that indicates how efficiently a company is managing its accounts payable. This ratio shows how many times a company pays off its average accounts payable balance during a particular period. A higher payables turnover ratio generally indicates that the company is paying off its suppliers more quickly.
Without the specific payables turnover values for LGI Homes, it is challenging to assess the efficiency of the company's accounts payable management over time. It is important for investors and analysts to have access to this ratio to better evaluate the company's liquidity, payment practices, and overall financial health.
Peer comparison
Dec 31, 2024