Days Inventory is also known as Days Sales of Inventory (DSI). Legacy Housing's Average Total Inventories for the
three
months ended in Dec. 2023 was $34.3 Mil. Legacy Housing's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $16.2 Mil.
Hence, Legacy Housing's Days Inventory for the
three
months ended in Dec. 2023 was 192.98.
The historical rank and industry rank for Legacy Housing's Days Inventory or its related term are showing as below:
LEGH'
s Days Inventory Range Over the Past 10 Years
Min: 90.06 Med: 119.97 Max: 152.4
Current: 122.19
During the past 8 years, Legacy Housing's highest Days Inventory was 152.40. The lowest was 90.06. And the median was 119.97.
LEGH's Days Inventory is ranked better than 79.17% of 96
companies
in the Homebuilding & Construction industry
Industry Median: 325.55
vs LEGH: 122.19
Legacy Housing's Days Inventory
increased
from Dec. 2022 (80.86) to Dec. 2023 (192.98).
It might indicate that Legacy Housing's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Legacy Housing's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.47.
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.
Legacy Housing's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.02.
Legacy Housing Days Inventory Historical Data
The historical data trend for Legacy Housing'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 Legacy Housing's Days Inventory
For the Residential Construction subindustry, Legacy Housing'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.
Legacy Housing's Days Inventory Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's Days Inventory distribution charts can be found below:
* The bar in red indicates where Legacy Housing's Days Inventory falls into.
Legacy Housing Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Legacy Housing'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.
Legacy Housing (NAS:LEGH) 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.
Legacy Housing's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Legacy Housing's Inventory to Revenue for the
three
months 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.
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.
Legacy Housing Days Inventory Related Terms
Thank you for viewing the detailed overview of Legacy Housing's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Legacy Housing (Legacy Housing) Business Description
Legacy Housing Corp builds, sell, and finance manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and also sold directly to manufactured home communities. The company also provides financing options to customers to facilitate the sale of homes.
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