Hovnanian Enterprises (Hovnanian Enterprises) Receivables Turnover : 22.77 (As of Jan. 2024)

Hovnanian Enterprises Receivables Turnover Chart

Hovnanian Enterprises Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Receivables Turnover		Get a 7-Day Free Trial					50.36	59.64	75.60	75.15	83.75

Hovnanian Enterprises Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															13.67	18.82	18.51	29.08	22.77

Competitive Comparison of Hovnanian Enterprises's Receivables Turnover

For the Residential Construction subindustry, Hovnanian Enterprises'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.

Hovnanian Enterprises's Receivables Turnover Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where Hovnanian Enterprises's Receivables Turnover falls into.

Hovnanian Enterprises Receivables Turnover Calculation

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

Hovnanian Enterprises's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Hovnanian Enterprises's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

* 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.

Hovnanian Enterprises  (NYSE:HOV) 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.

Hovnanian Enterprises Receivables Turnover Related Terms

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Hovnanian Enterprises (Hovnanian Enterprises) Business Description