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Lennar (LTS:0JU0) Change In Receivables : $1 Mil (TTM As of Feb. 2025)


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What is Lennar Change In Receivables?

Lennar's change in receivables for the quarter that ended in Feb. 2025 was $563 Mil. It means Lennar's Accounts Receivable declined by $563 Mil from Nov. 2024 to Feb. 2025 .

Lennar's change in receivables for the fiscal year that ended in Nov. 2024 was $-129 Mil. It means Lennar's Accounts Receivable increased by $129 Mil from Nov. 2023 to Nov. 2024 .

Lennar's Accounts Receivable for the quarter that ended in Feb. 2025 was $1,534 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Lennar's Days Sales Outstanding for the three months ended in Feb. 2025 was 18.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lennar's liquidation value for the three months ended in Feb. 2025 was $-1,285 Mil.


Lennar Change In Receivables Historical Data

The historical data trend for Lennar's Change In Receivables 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.

* Premium members only.

Lennar Change In Receivables Chart

Lennar Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.87 -289.78 -422.40 -329.19 -129.21

Lennar Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 432.90 -401.94 189.88 -350.05 562.99

Lennar Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1 Mil.

* 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.


Lennar  (LTS:0JU0) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Lennar's Days Sales Outstanding for the quarter that ended in Feb. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1533.608/7631.545*91
=18.34

2. In Ben Graham's calculation of liquidation value, Lennar's accounts receivable are only considered to be worth 75% of book value:

Lennar's liquidation value for the quarter that ended in Feb. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2557.173-12118.759+0.75 * 1533.608+0.5 * 14251.93
=-1,285

* 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.


Lennar Change In Receivables Related Terms

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Lennar Business Description

Traded in Other Exchanges
Address
5505 Waterford District Drive, Miami, FL, USA, 33126
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.

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