LGI Homes (STU:LG1) Change In Inventory : €-381 Mil (TTM As of Mar. 2024)

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What is LGI Homes Change In Inventory?

LGI Homes's change in inventory for the quarter that ended in Mar. 2024 was €-128 Mil. It means LGI Homes's inventory increased by €128 Mil from Dec. 2023 to Mar. 2024 .

LGI Homes's change in inventory for the fiscal year that ended in Dec. 2023 was €-234 Mil. It means LGI Homes's inventory increased by €234 Mil from Dec. 2022 to Dec. 2023 .

LGI Homes's Total Inventories for the quarter that ended in Mar. 2024 was €2,971 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LGI Homes's Days Inventory for the quarter that ended in Mar. 2024 was 963.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. LGI Homes's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.09.

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. LGI Homes's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 8.09.

LGI Homes Change In Inventory Historical Data

The historical data trend for LGI Homes's Change In 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.

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LGI Homes Change In Inventory Chart

LGI Homes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-239.99

-57.73

-410.32

-777.78

-234.31

LGI Homes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															14.89	-8.78	-188.15	-56.08	-128.43

LGI Homes Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-381 Mil.

LGI Homes (STU:LG1) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

LGI Homes's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2910.2425	/	275.494	*	365 / 4
	=	963.94

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

LGI Homes's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	275.494	/	2910.2425
	=	0.09

3. 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.

LGI Homes's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2910.2425	/	359.583
	=	8.09

LGI Homes Change In Inventory Related Terms

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LGI Homes (STU:LG1) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » LGI Homes Inc (STU:LG1) » Definitions » Change In Inventory

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LGIH:USA

Address

1450 Lake Robbins Drive, Suite 430, The Woodlands, TX, USA, 77380

Website

https://www.lgihomes.com

LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.

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