The historical rank and industry rank for Tri Pointe Homes's Days Inventory or its related term are showing as below:
TPH'
s Days Inventory Range Over the Past 10 Years
Min: 356.58 Med: 456.83 Max: 534.51
Current: 400.61
During the past 13 years, Tri Pointe Homes's highest Days Inventory was 534.51. The lowest was 356.58. And the median was 456.83.
TPH's Days Inventory is ranked worse than 61.86% of 97
companies
in the Homebuilding & Construction industry
Industry Median: 325.77
vs TPH: 400.61
Tri Pointe Homes's Days Inventory
declined
from Mar. 2023 (484.02) to Mar. 2024 (427.33).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tri Pointe Homes's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.21.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Tri Pointe Homes's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 3.60.
Tri Pointe Homes Days Inventory Historical Data
The historical data trend for Tri Pointe Homes's Days Inventory 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.
Competitive Comparison of Tri Pointe Homes's Days Inventory
For the Residential Construction subindustry, Tri Pointe Homes's Days Inventory, along with its competitors' market caps and Days Inventory 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.
Tri Pointe Homes's Days Inventory Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Tri Pointe Homes's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tri Pointe Homes's Days Inventory falls into.
Tri Pointe Homes Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tri Pointe Homes's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Tri Pointe Homes (NYSE:TPH) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Tri Pointe Homes's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Tri Pointe Homes's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Tri Pointe Homes Days Inventory Related Terms
Thank you for viewing the detailed overview of Tri Pointe Homes's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tri Pointe Homes (Tri Pointe Homes) Business Description
Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.
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