Landsea Homes (Landsea Homes) Change In Inventory : $-93.66 Mil (TTM As of Mar. 2024)

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What is Landsea Homes Change In Inventory?

Landsea Homes's change in inventory for the quarter that ended in Mar. 2024 was $-50.93 Mil. It means Landsea Homes's inventory increased by $50.93 Mil from Dec. 2023 to Mar. 2024 .

Landsea Homes's change in inventory for the fiscal year that ended in Dec. 2023 was $-29.54 Mil. It means Landsea Homes's inventory increased by $29.54 Mil from Dec. 2022 to Dec. 2023 .

Landsea Homes's Total Inventories for the quarter that ended in Mar. 2024 was $1,196.51 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Landsea Homes's Days Inventory for the quarter that ended in Mar. 2024 was 422.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Landsea Homes's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

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. Landsea Homes's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.94.

Landsea Homes Change In Inventory Historical Data

The historical data trend for Landsea 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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Landsea Homes Change In Inventory Chart

Landsea Homes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

94.38

-19.90

-59.66

-12.85

-29.54

Landsea Homes Quarterly Data
	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													13.18	-48.32	-29.53	35.12	-50.93

Landsea 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 $-93.66 Mil.

Landsea Homes (NAS:LSEAW) Change In Inventory Explanation

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

Landsea 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
	=	1159.116	/	250.58	*	365 / 4
	=	422.10

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	250.58	/	1159.116
	=	0.22

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1159.116	/	294.041
	=	3.94

Landsea Homes Change In Inventory Related Terms

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Landsea Homes (Landsea Homes) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

LSEA:USA 8HJ:Germany

Address

660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660

Website

https://www.landseahomes.com

Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.