Taylor Morn Home (TMHC)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Taylor Morrison Home Corp. has shown a slightly increasing trend over the five-year period from 2019 to 2023. The company took around 15 to 17 days to pay its payables during this period. This indicates that Taylor Morrison Home Corp. has been able to maintain relatively efficient payment cycles with its suppliers, as it has not significantly delayed its payments over the years. However, the increasing trend suggests a potential slight delay in settling payables in recent years, which could be an area for further analysis to ensure optimal cash management and supplier relationships.
Peer comparison
Dec 31, 2023