Taylor Morn Home (TMHC)

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 8,168,130 7,831,500 7,386,200 7,455,710 7,417,820 7,890,090 8,249,190 8,183,650 8,224,910 8,238,200 8,062,310 7,786,570 7,501,260 6,553,340 6,394,020 6,201,420 6,129,310 6,038,250 5,443,920 5,182,670
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,168,130K ÷ $—K
= —

The receivables turnover ratio for Taylor Morn Home is not available for the periods provided. Without specific data on accounts receivable and sales, it is not possible to calculate the receivables turnover ratio. Receivables turnover ratio is an important indicator of how efficiently a company is collecting its accounts receivable from customers. A higher ratio is generally preferred as it signifies a shorter time to collect outstanding payments, indicating strong liquidity and effective credit management. On the other hand, a low ratio can indicate potential issues with credit policies or difficulties in collecting payment from customers. It is crucial for the company to track and analyze this ratio over time to ensure efficient management of its receivables.