KB Home (STU:KBH) Accounts Payable & Accrued Expense : €705 Mil (As of Feb. 2024)

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What is KB Home Accounts Payable & Accrued Expense?

KB Home's quarterly accounts payable & accrued expense increased from Aug. 2023 (€636 Mil) to Nov. 2023 (€695 Mil) and increased from Nov. 2023 (€695 Mil) to Feb. 2024 (€705 Mil).

KB Home's annual accounts payable & accrued expense increased from Nov. 2021 (€619 Mil) to Nov. 2022 (€731 Mil) but then declined from Nov. 2022 (€731 Mil) to Nov. 2023 (€695 Mil).

KB Home Accounts Payable & Accrued Expense Historical Data

The historical data trend for KB Home's Accounts Payable & Accrued Expense 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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KB Home Accounts Payable & Accrued Expense Chart

KB Home Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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527.15

500.41

618.68

730.77

694.80

KB Home Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															653.84	629.95	636.42	694.80	704.61

KB Home Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

KB Home (STU:KBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » KB Home (STU:KBH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KBH:USA KBH:Mexico KBH:Germany

Address

10990 Wilshire Boulevard, Floor 7, Los Angeles, CA, USA, 90024

Website

https://www.kbhome.com

KB Home is an American construction company that focuses on residential construction. The company builds single-family homes and communities across Arizona, California, Colorado, Florida, Nevada, Texas, North Carolina, Idaho and the Washington, D.C., area. KB Home operates in several markets and focuses on first-time and move-up homebuyers. The company follows a built-to-order model that offers personalized homes at attainable prices based on the market location. The company 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.