Toll Brothers Inc (TOL)
Receivables turnover
Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 10,846,700 | 9,994,940 | 10,275,600 | 8,755,150 | 7,088,190 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
October 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $10,846,700K ÷ $—K
= —
To analyze Toll Brothers Inc's receivables turnover, we need the relevant data for each respective year from the table provided. As the data is not available, we are unable to calculate the receivables turnover ratio for the years ending October 31, 2020 to October 31, 2024.
Receivables turnover ratio is a measure of how efficiently a company is collecting its outstanding receivables during a period. A higher receivables turnover ratio indicates that the company is collecting its receivables more quickly, which generally reflects positively on its liquidity and ability to manage its accounts receivable effectively.
Without the specific data, we are unable to assess Toll Brothers Inc's performance in managing its receivables turnover in the mentioned years. It would be beneficial for stakeholders to monitor this ratio over time to evaluate the company's effectiveness in collecting outstanding receivables and maintaining healthy cash flow operations.
Peer comparison
Oct 31, 2024