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A V Homes (A V Homes) Days Inventory : 379.41 (As of Jun. 2018)


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What is A V Homes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). A V Homes's Average Total Inventories for the three months ended in Jun. 2018 was $700.1 Mil. A V Homes's Cost of Goods Sold for the three months ended in Jun. 2018 was $168.4 Mil. Hence, A V Homes's Days Inventory for the three months ended in Jun. 2018 was 379.41.

The historical rank and industry rank for A V Homes's Days Inventory or its related term are showing as below:

AVHI's Days Inventory is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 325.77
* Ranked among companies with meaningful Days Inventory only.

A V Homes's Days Inventory increased from Jun. 2017 (348.12) to Jun. 2018 (379.41). It might indicate that A V Homes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. A V Homes's Inventory Turnover for the three months ended in Jun. 2018 was 0.24.

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. A V Homes's Inventory-to-Revenue for the three months ended in Jun. 2018 was 3.44.


A V Homes Days Inventory Historical Data

The historical data trend for A V Homes'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.

A V Homes Days Inventory Chart

A V Homes Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 545.30 490.63 422.58 333.88 310.18

A V Homes Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Days Inventory Get a 7-Day Free Trial 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 348.12 358.41 251.64 459.10 379.41

Competitive Comparison of A V Homes's Days Inventory

For the Residential Construction subindustry, A V Homes'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.


A V Homes's Days Inventory Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where A V Homes's Days Inventory falls into.



A V Homes Days Inventory Calculation

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

A V Homes's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (584.408 + 603.851) / 2 ) / 699.127*365
=594.1295 / 699.127*365
=310.18

A V Homes's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

Days Inventory (Q: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2018 ) + Total Inventories (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (668.557 + 731.552) / 2 ) / 168.368*365 / 4
=700.0545 / 168.368*365 / 4
=379.41

* 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.


A V Homes  (NAS:AVHI) 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.

A V Homes's Inventory Turnover for the three months ended in Jun. 2018 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.

A V Homes's Inventory to Revenue for the three months ended in Jun. 2018 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.


A V Homes Days Inventory Related Terms

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


A V Homes (A V Homes) Business Description

Traded in Other Exchanges
N/A
Address
A V Homes Inc is engaged in the business of homebuilding, community development in Florida, Arizona, and Carolinas. It also engaged in the sale of land for third party development. Firm derives the majority of its revenue from the Florida. The group has built over 7,500 homes nationwide and it has been the recipient of numerous awards for planning and homebuilding accomplishments.
Executives
David Bonderman other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Roger A Cregg director, officer: President and CEO 100 BLOOMFIELD HILL PARKWAY, STE 300, BLOOMFIELD HILLS MI 48304
Tpg Advisors Vi, Inc. other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jonathan Pertchik director C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Matthew Coleman director 8601 NORTH SCOTTSDALE ROAD, SUITE 225, SCOTTSDALE AZ 85253
Reuben S Leibowitz director 466 LEXINGTON AVENUE 10TH FL, NEW YORK NY 10017
Dave Gomez officer: EVP, GC and Secretary 7970 SOUTH KYRENE RD., TEMPE AZ 85284
Paul Hackwell director 301 COMMERCE STREET, SUITE 300, FORT WORTH TX 76102
Kelvin L. Davis director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Greg Kranias director C/O TPG CAPITAL, L.P., 301 COMMERCE ST, SUITE 3300, FORT WORTH TX 76102
Beth Stewart director C/O GENERAL GROWTH PROPERTIES INC, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Milton H Dresner director C/O HIGHLAND COMPANIES, 28777 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48034
Michael P Rama officer: Controller C/O AVATAR HOLDINGS INC, 201 ALHAMBRA CIRCLE 12TH FLOOR, CORAL GABLES FL 33134
William G Spears director 45 ROCKEFELLER PLZ STE 1709, SPEARS GRISANTI & BROWN, NEW YORK NY 10111