Beazer Homes USA (LTS:0HMG) Receivables Turnover : 9.06 (As of Mar. 2024)

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What is Beazer Homes USA Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Beazer Homes USA's Revenue for the three months ended in Mar. 2024 was $542 Mil. Beazer Homes USA's average Accounts Receivable for the three months ended in Mar. 2024 was $60 Mil. Hence, Beazer Homes USA's Receivables Turnover for the three months ended in Mar. 2024 was 9.06.

Beazer Homes USA Receivables Turnover Historical Data

The historical data trend for Beazer Homes USA's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Beazer Homes USA Receivables Turnover Chart

Beazer Homes USA Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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81.80

92.06

94.08

75.26

54.16

Beazer Homes USA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															20.40	18.57	16.38	6.98	9.06

Competitive Comparison of Beazer Homes USA's Receivables Turnover

For the Residential Construction subindustry, Beazer Homes USA's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Beazer Homes USA's Receivables Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Beazer Homes USA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beazer Homes USA's Receivables Turnover falls into.

Beazer Homes USA Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Beazer Homes USA's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	2206.785	/ (	(35.89	+	45.598)	/	2 )
=	2206.785	/	40.744
=	54.16

Beazer Homes USA's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	541.54	/ (	(65.302	+	54.226)	/	2 )
=	541.54	/	59.764
=	9.06

Beazer Homes USA (LTS:0HMG) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Beazer Homes USA Receivables Turnover Related Terms

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Beazer Homes USA (LTS:0HMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Beazer Homes USA Inc (LTS:0HMG) » Definitions » Receivables Turnover

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Traded in Other Exchanges

BZH:USA BE4A:Germany

Address

2002 Summit Boulevard NE, 15th Floor, Atlanta, GA, USA, 30319

Website

https://www.beazer.com

Beazer Homes USA Inc is an construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.

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