Toll Brothers (FRA:TLK) Days Inventory : 612.65 (As of Jan. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Toll Brothers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toll Brothers's Average Total Inventories for the three months ended in Jan. 2024 was €8,687 Mil. Toll Brothers's Cost of Goods Sold for the three months ended in Jan. 2024 was €1,294 Mil. Hence, Toll Brothers's Days Inventory for the three months ended in Jan. 2024 was 612.65.

The historical rank and industry rank for Toll Brothers's Days Inventory or its related term are showing as below:

FRA:TLK' s Days Inventory Range Over the Past 10 Years
Min: 390.09 Med: 499.66 Max: 752.93
Current: 452.64

During the past 13 years, Toll Brothers's highest Days Inventory was 752.93. The lowest was 390.09. And the median was 499.66.

FRA:TLK's Days Inventory is ranked worse than
64.58% of 96 companies
in the Homebuilding & Construction industry
Industry Median: 325.55 vs FRA:TLK: 452.64

Toll Brothers's Days Inventory declined from Jan. 2023 (633.47) to Jan. 2024 (612.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Toll Brothers's Inventory Turnover for the three months ended in Jan. 2024 was 0.15.

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. Toll Brothers's Inventory-to-Revenue for the three months ended in Jan. 2024 was 4.86.

Toll Brothers Days Inventory Historical Data

The historical data trend for Toll Brothers'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.

* Premium members only.

Toll Brothers Days Inventory Chart

Toll Brothers Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Inventory

Get a 7-Day Free Trial

489.30

516.94

412.26

362.13

456.65

Toll Brothers Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															633.47	452.06	431.76	366.69	612.65

Competitive Comparison of Toll Brothers's Days Inventory

For the Residential Construction subindustry, Toll Brothers'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.

Toll Brothers's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Toll Brothers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toll Brothers's Days Inventory falls into.

Toll Brothers Days Inventory Calculation

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

Toll Brothers's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (8864.326	+	8577.526)	/	2 )	/	6970.617	*	365
=	8720.926					/	6970.617	*	365
=	456.65

Toll Brothers's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (8577.526	+	8795.8)	/	2 )	/	1293.817	*	365 / 4
=	8686.663					/	1293.817	*	365 / 4
=	612.65

Toll Brothers (FRA:TLK) 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.

Toll Brothers's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1293.817	/	8686.663
	=	0.15

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.

Toll Brothers's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8686.663	/	1788.124
	=	4.86

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.

Toll Brothers Days Inventory Related Terms

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

Toll Brothers (FRA:TLK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Toll Brothers Inc (FRA:TLK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TOL:USA

Address

1140 Virginia Drive, Fort Washington, PA, USA, 19034

Website

https://www.tollbrothers.com

Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the U.S. It has its headquarters in Horsham, Pennsylvania.