NVR Inc (NVR)
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 | 9,518,200 | 9,797,810 | 10,005,690 | 10,326,300 | 10,526,430 | 10,044,590 | 9,663,330 | 9,287,990 | 8,951,030 | 9,064,710 | 8,659,080 | 7,995,850 | 7,536,930 | 7,183,110 | 7,104,360 | 7,284,180 | 7,388,660 | 7,393,010 | 7,334,160 | 7,321,270 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $9,518,200K ÷ $—K
= —
The trend in NVR Inc.'s receivables turnover ratio over the past eight quarters shows fluctuations, with values ranging from a low of 290.75 in Q3 2023 to a high of 507.40 in Q4 2022. The average receivables turnover ratio for this period is approximately 381.85.
A high receivables turnover ratio indicates that NVR Inc. is efficient in collecting payments from its customers, with a faster turnover of accounts receivable. Conversely, a lower ratio suggests that the company may be facing challenges in collecting receivables promptly.
In analyzing the fluctuations, it is important to consider seasonal or cyclical factors that may impact NVR Inc.'s business, as well as changes in the company's credit policies or customer payment behavior. Further investigation into the reasons behind these fluctuations could provide insights into the company's overall financial health and operational efficiency.
Peer comparison
Dec 31, 2023