Lennar (Lennar) Days Sales Outstanding : 17.05 (As of Feb. 2024)

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What is Lennar Days Sales Outstanding?

Lennar's average Accounts Receivable for the three months ended in Feb. 2024 was $1,367 Mil. Lennar's Revenue for the three months ended in Feb. 2024 was $7,313 Mil. Hence, Lennar's Days Sales Outstanding for the three months ended in Feb. 2024 was 17.05.

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

LEN.B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.64 Med: 10.68 Max: 15.35
Current: 12.79

During the past 13 years, Lennar's highest Days Sales Outstanding was 15.35. The lowest was 6.64. And the median was 10.68.

LEN.B's Days Sales Outstanding is ranked better than
63.92% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 23.17 vs LEN.B: 12.79

Lennar's Days Sales Outstanding declined from Feb. 2023 (17.09) to Feb. 2024 (17.05).

Lennar Days Sales Outstanding Historical Data

The historical data trend for Lennar's Days Sales Outstanding 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 Sales Outstanding Chart

Lennar Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Sales Outstanding

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13.34

12.01

12.27

13.45

15.35

Lennar Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															17.09	11.85	12.60	11.52	17.05

Competitive Comparison of Lennar's Days Sales Outstanding

For the Residential Construction subindustry, Lennar's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution in the Homebuilding & Construction Industry

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

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

Lennar Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Lennar's Days Sales Outstanding for the fiscal year that ended in Nov. 2023 is calculated as

	Days Sales Outstanding (A: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (1430.717	+	1448.505)	/	2 )	/	34233.366	*	365
=	1439.611					/	34233.366	*	365
=	15.35

Lennar's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (1448.505	+	1284.692)	/	2 )	/	7312.93	*	365 / 4
=	1366.5985					/	7312.93	*	365 / 4
=	17.05

Lennar (NYSE:LEN.B) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Lennar Days Sales Outstanding Related Terms

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Lennar (Lennar) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LEN:USA LEN:Mexico LNN0:Germany LNN:Germany LNN:Germany L1EN34:Brazil

Address

5505 Blue Lagoon Drive, Miami, FL, USA, 33126

Website

https://www.lennar.com

Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult 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 construction and has invested in numerous housing-related technology startups.