Meritage Corporation (MTH)
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 | 6,378,530 | 6,428,070 | 6,461,290 | 6,327,060 | 6,137,610 | 6,475,460 | 6,439,460 | 6,290,680 | 6,298,160 | 5,804,090 | 5,484,860 | 5,350,400 | 5,147,330 | 5,058,390 | 4,936,380 | 4,690,430 | 4,506,306 | 4,231,586 | 4,035,343 | 3,869,074 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,378,530K ÷ $—K
= —
The receivables turnover ratio for Meritage Corporation has been consistently marked as "—" across multiple reporting periods, indicating that specific data regarding accounts receivables and their turnover is not available or has not been disclosed in the financial statements. This lack of information limits the ability to assess the company's effectiveness in collecting outstanding receivables within a given period.
Without the receivables turnover ratio, it becomes challenging to evaluate the efficiency of Meritage Corporation's credit and collection policies, its ability to manage working capital effectively, and how quickly it is converting its credit sales into cash.
Therefore, stakeholders looking to understand the company's receivables management practices may find it difficult to draw meaningful conclusions without this key financial ratio. Monitoring the disclosure of receivables turnover data in future financial reports would be crucial for a more comprehensive analysis of Meritage Corporation's financial performance and overall health.
Peer comparison
Dec 31, 2024