M/I Homes Inc (MHO)

Receivables turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	4,033,498	4,277,910	4,244,470	4,271,110	4,131,391	3,966,141	3,857,530	3,777,920	3,745,885	3,600,562	3,544,164	3,297,318	3,046,145	2,881,868	2,687,292	2,596,784	2,500,290	2,480,625	2,395,122	2,329,534
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,033,498K ÷ $—K
= —

As the data for receivables turnover for MI Homes Inc. is not available in the provided table, a detailed analysis of this ratio cannot be conducted. Receivables turnover is a key metric that measures how efficiently a company collects payments from its customers. It is calculated by dividing the net credit sales by the average accounts receivable balance.

To assess MI Homes Inc.'s performance in managing its receivables, it would be necessary to calculate this ratio using the relevant financial data from their income statement and balance sheet for the periods in question. A higher receivables turnover ratio generally indicates better efficiency in collecting receivables and managing cash flow, whereas a lower ratio may suggest potential issues with collection procedures or an excessive amount of outstanding receivables.

Without the specific data to calculate the receivables turnover ratio for MI Homes Inc., further analysis and insights on the effectiveness of their accounts receivable management cannot be provided at this time.