Taylor Morn Home (TMHC)
Number of days of payables
| 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 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Taylor Morrison Home Corp.'s number of days of payables has been relatively stable over the past eight quarters, ranging from 13.44 days to 17.20 days. In Q4 2023, the number of days of payables increased slightly to 17.07 days compared to the previous quarter. This implies that on average, the company takes approximately 17 days to pay its suppliers and vendors. A higher number of days of payables may indicate that Taylor Morrison is taking more time to settle its outstanding invoices, potentially benefiting from more favorable payment terms. However, prolonged payables can also signal liquidity issues or strained relationships with suppliers. Further analysis and comparison with industry benchmarks would provide additional insights into the efficiency of Taylor Morrison's payables management.
Peer comparison
Dec 31, 2023