LGI Homes (LGIH)

Receivables 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
Revenue (ttm)	US$ in thousands	2,502,048	2,553,066	2,518,751	2,561,524	2,358,580	2,238,428	2,167,963	2,245,762	2,304,455	2,617,269	2,821,803	2,890,246	3,050,149	3,146,471	2,929,065	2,619,155	2,367,929	2,076,180	2,025,059	2,005,287
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,502,048K ÷ $—K
= —

Receivables turnover ratio reflects the efficiency of LGI Homes in collecting payments from its customers. The data provided shows that for all reported periods from March 31, 2020, to December 31, 2024, the receivables turnover ratio is not available (indicated as "—").

The absence of data on the receivables turnover ratio makes it challenging to assess LGI Homes' ability to collect outstanding receivables in a timely manner. A high receivables turnover ratio generally indicates a shorter time taken to collect payments from customers, which is favorable for cash flow management. Conversely, a low ratio may suggest potential issues in collecting outstanding amounts promptly.

Without specific values for the receivables turnover ratio, it is not possible to provide a detailed analysis of LGI Homes' effectiveness in managing its accounts receivable. However, it is essential for the company to monitor and improve its receivables turnover to ensure optimal liquidity and operational efficiency.