LGI Homes (LGIH)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,202,600 | 2,358,580 | 2,304,460 | 3,050,150 | 2,367,930 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,202,600K ÷ $—K
= —
The receivables turnover ratio for LGI Homes appears to be missing or unavailable for the years 2020 to 2024, as the values are denoted as "—". Receivables turnover ratio is a measure of how efficiently a company is able to collect outstanding receivables from its customers over a specific period. Without this information, it is not possible to assess LGI Homes' effectiveness in converting its accounts receivable into cash. Companies typically aim for a higher receivables turnover ratio, indicating quicker collection of payments and better liquidity management. In the absence of specific data, further analysis of LGI Homes' accounts receivable management effectiveness based on this ratio is not feasible at this time.
Peer comparison
Dec 31, 2024