LEN (Lennar) Days Payable : 24.41 (As of May. 2025)

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What is Lennar Days Payable?

Lennar's average Accounts Payable for the three months ended in May. 2025 was $2,026 Mil. Lennar's Cost of Goods Sold for the three months ended in May. 2025 was $7,573 Mil. Hence, Lennar's Days Payable for the three months ended in May. 2025 was 24.41.

The historical rank and industry rank for Lennar's Days Payable or its related term are showing as below:

LEN' s Days Payable Range Over the Past 10 Years
Min: 19.11 Med: 20.91 Max: 23.36
Current: 23.36

During the past 13 years, Lennar's highest Days Payable was 23.36. The lowest was 19.11. And the median was 20.91.

LEN's Days Payable is ranked worse than
70.65% of 92 companies
in the Homebuilding & Construction industry
Industry Median: 42.06 vs LEN: 23.36

Lennar's Days Payable increased from May. 2024 (20.38) to May. 2025 (24.41). It may suggest that Lennar delayed paying its suppliers.

Lennar Days Payable Historical Data

The historical data trend for Lennar's Days Payable 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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Lennar Days Payable Chart

Lennar Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Days Payable

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20.22

19.93

20.25

20.95

23.07

Lennar Quarterly Data
	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25
Days Payable	Get a 7-Day Free Trial															20.38	21.84	21.47	25.38	24.41

Competitive Comparison of Lennar's Days Payable

For the Residential Construction subindustry, Lennar's Days Payable, along with its competitors' market caps and Days Payable 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.

Lennar's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Days Payable distribution charts can be found below:

* The bar in red indicates where Lennar's Days Payable falls into.

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Lennar Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Lennar's Days Payable for the fiscal year that ended in Nov. 2024 is calculated as

	Days Payable (A: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2023 )	+	Accounts Payable (A: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2024 )	*	Days in Period
=	( (1631.401	+	1839.44)	/	2 )	/	27462.184	*	365
=	1735.4205					/	27462.184	*	365
=	23.07

Lennar's Days Payable for the quarter that ended in May. 2025 is calculated as:

	Days Payable (Q: May. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2025 )	+	Accounts Payable (Q: May. 2025 ))	/	count )	/	Cost of Goods Sold (Q: May. 2025 )	*	Days in Period
=	( (1926.358	+	2126.002)	/	2 )	/	7573.072	*	365 / 4
=	2026.18					/	7573.072	*	365 / 4
=	24.41

Lennar Days Payable Related Terms

Thank you for viewing the detailed overview of Lennar's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Lennar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lennar Corp (NYSE:LEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LEN.B:USA LEN:Mexico 1LEN:Italy 0JU0:UK LNN0:Germany LNN:Germany LNN:Germany L1EN34:Brazil

Address

5505 Waterford District Drive, Miami, FL, USA, 33126

Website

https://www.lennar.com

Lennar is one of the largest public homebuilders in the United States. The company's homebuilding operations target first-time, move-up, active adult, and luxury homebuyers mainly under the Lennar brand name. Lennar's financial services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily and single-family for-rent construction and has invested in numerous housing-related technology startups.

Executives

Amy Banse	director	345 PARK AVENUE, SAN JOSE CA 95110
Diane J Bessette	officer: VP/CFO/Treasurer	LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Mark Sustana	officer: VP/General Counsel/Secretary	LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
David M Collins	officer: VP & Controller	LENNAR CORPORATION, 700 NW 107 AVENUE STE 400, MIAMI FL 33172
Jeffrey Joseph Mccall	officer: Executive Vice President	26 TECHNOLOGY DRIVE, IRVINE CA 92618
Dacona Smith	director	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Serena Wolfe	director	ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Jonathan M Jaffe	director, officer: Vice President	LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Scott D Stowell	director
Irving Bolotin	director	LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Steven L Gerard	director	P.O. BOX 554, MILWAUKEE WI 53201-0554
Armando J Olivera	director	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Sherrill W Hudson	director	201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jeffrey Sonnenfeld	director	14 WALL ST 13TH FL, NEW YORK NY 10005
Theron I Gilliam	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084