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Toll Brothers (Toll Brothers) Days Inventory

: 603.39 (As of Jan. 2024)
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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 $9,320 Mil. Toll Brothers's Cost of Goods Sold for the three months ended in Jan. 2024 was $1,409 Mil. Hence, Toll Brothers's Days Inventory for the three months ended in Jan. 2024 was 603.39.

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

TOL' 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.

TOL's Days Inventory is ranked worse than
65.31% of 98 companies
in the Homebuilding & Construction industry
Industry Median: 321.76 vs TOL: 452.64

Toll Brothers's Days Inventory declined from Jan. 2023 (605.66) to Jan. 2024 (603.39).

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 4.78.


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 Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 498.51 500.81 415.10 390.09 441.10

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 605.66 448.13 429.87 375.28 603.39

Competitive Comparison

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 Days Inventory Distribution

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
=( (8733.326 + 9057.578) / 2 ) / 7360.736*365
=8895.452 / 7360.736*365
=441.10

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
=( (9057.578 + 9581.482) / 2 ) / 1409.387*365 / 4
=9319.53 / 1409.387*365 / 4
=603.39

* 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.


Toll Brothers  (NYSE:TOL) 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

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

* 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.


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 (Toll Brothers) Business Description

Traded in Other Exchanges
Address
1140 Virginia Drive, Fort Washington, PA, USA, 19034
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.
Executives
Paul E Shapiro director
Martin P. Connor officer: Chief Financial Officer 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
John A Mclean director TOLL BROTHERS, INC., 1140 GIBRALTAR ROAD, FORT WASHINGTON PA 19034
Yearley Douglas C. Jr. officer: Executive Vice President 250 GIBRALTAR ROAD, HORSHAM PA 19044
Carl B Marbach director 17730 SCARSDALE WAY, BOCA RATON FL 33496
Robert Parahus officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Michael J. Grubb officer: Chief Accounting Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Christine Garvey director 14100 E 35TH PLACE, AURORA CO 80011
Derek T. Kan director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Richard J Braemer director 324 SPRUCE ST, PHILADELPHIA PA 19106
Scott D Stowell director
Robert I Toll director, 10 percent owner, officer: Chief Executive Officer 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19006
Edward G Boehne director 313 DEVON STATE ST, DEVON PA 19333
Stephen F. East director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
James W. Boyd officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034