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KBH (KB Home) Days Payable : 22.87 (As of Nov. 2024)


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What is KB Home Days Payable?

KB Home's average Accounts Payable for the three months ended in Nov. 2024 was $396 Mil. KB Home's Cost of Goods Sold for the three months ended in Nov. 2024 was $1,579 Mil. Hence, KB Home's Days Payable for the three months ended in Nov. 2024 was 22.87.

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

KBH' s Days Payable Range Over the Past 10 Years
Min: 21.59   Med: 25.95   Max: 29.2
Current: 26.05

During the past 13 years, KB Home's highest Days Payable was 29.20. The lowest was 21.59. And the median was 25.95.

KBH's Days Payable is ranked worse than
63.74% of 91 companies
in the Homebuilding & Construction industry
Industry Median: 34.73 vs KBH: 26.05

KB Home's Days Payable declined from Nov. 2023 (26.97) to Nov. 2024 (22.87). It may suggest that KB Home accelerated paying its suppliers.


KB Home Days Payable Historical Data

The historical data trend for KB Home'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.

* Premium members only.

KB Home Days Payable Chart

KB Home Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.20 26.53 27.63 29.20 26.01

KB Home Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Days Payable 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 30.59 26.42 26.38 22.87 30.92

Competitive Comparison of KB Home's Days Payable

For the Residential Construction subindustry, KB Home'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.


KB Home's Days Payable Distribution in the Homebuilding & Construction Industry

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

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


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KB Home 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.

KB Home'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
=( (390.097 + 387.613) / 2 ) / 5457.616*365
=388.855 / 5457.616*365
=26.01

KB Home's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

Days Payable (Q: Nov. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2024 ) + Accounts Payable (Q: Nov. 2024 )) / count ) / Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=( (403.798 + 387.613) / 2 ) / 1578.796*365 / 4
=395.7055 / 1578.796*365 / 4
=22.87

* 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.


KB Home Days Payable Related Terms

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


KB Home Business Description

Traded in Other Exchanges
Address
10990 Wilshire Boulevard, Floor 7, Los Angeles, CA, USA, 90024
KB Home is an American construction company that focuses on residential construction in the United States. The company builds single-family homes and communities across different geographical segments which include the West Coast which also derives the majority of the revenue, Southwest, Central, and Southeast. The company operates in several markets and focuses on first-time and move-up homebuyers. It also invests in land acquisition and development to support future building activities and is also engaged in financial services operations which includes providing mortgage banking services through its joint venture with a third party.
Executives
Jeff Kaminski officer: EVP & Chief Financial Officer 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48034
Albert Z Praw officer: EVP, Real Estate & Bus. Dev. 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Thomas W. Gilligan director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Robert V. Mcgibney officer: EVP and Co-COO C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Stuart A Gabriel director 155 N. LAKE AVENUE, PASADENA CA 91101
Brian J Woram officer: EVP and General Counsel C/O H&R BLOCK, ONE H&R BLOCK WAY, KANSAS CITY MO 64105
William R Hollinger officer: SVP & Chief Accounting Officer 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Jeffrey T Mezger director, officer: President and CEO 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Melissa Lora director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Jose Miguel Barras director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Brian R Niccol director 1 GLEN BELL WAY, IRVINE CA 92618
Jodee A Kozlak director 1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Matthew W Mandino officer: EVP & Chief Operating Officer C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR, LOS ANGELES CA 90024
Kevin Paul Eltife director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024