TRI Pointe Homes Inc (TPH)
Days of sales outstanding (DSO)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days of Sales Outstanding (DSO) for Tri Pointe Homes Inc. have shown varying trends over the past eight quarters. In Q4 2023, the DSO increased significantly to 22.07 days compared to the previous quarter's figure of 10.96 days. This suggests that the company took longer to collect its accounts receivable in the most recent quarter.
Looking further back, Q2 and Q3 of 2023 had relatively low DSO figures of 10.15 days and 10.96 days, indicating efficient collections processes during that period. Q1 of 2023 saw a slight increase to 11.72 days, but it was still relatively low compared to other quarters.
Comparing the most recent DSO figure of 22.07 days in Q4 2023 to the same quarter in the previous year, Tri Pointe Homes Inc. has experienced a notable increase as Q4 2022 had a DSO of 14.22 days.
Overall, the analysis of DSO for Tri Pointe Homes Inc. suggests that the company's accounts receivable collection efficiency has fluctuated over the past year, with Q4 2023 showing a significant increase in the number of days it takes to collect sales. This trend is worth monitoring to ensure optimal cash flow management and overall financial health.
Peer comparison
Dec 31, 2023