Landsea Homes (Landsea Homes) Days Inventory : 422.10 (As of Mar. 2024)

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What is Landsea Homes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Landsea Homes's Average Total Inventories for the three months ended in Mar. 2024 was $1,159.12 Mil. Landsea Homes's Cost of Goods Sold for the three months ended in Mar. 2024 was $250.58 Mil. Hence, Landsea Homes's Days Inventory for the three months ended in Mar. 2024 was 422.10.

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

LSEAW' s Days Inventory Range Over the Past 10 Years
Min: 305.05 Med: 362.57 Max: 406.3
Current: 395.72

During the past 5 years, Landsea Homes's highest Days Inventory was 406.30. The lowest was 305.05. And the median was 362.57.

LSEAW's Days Inventory is ranked better than
63.33% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs LSEAW: 395.72

Landsea Homes's Days Inventory declined from Mar. 2023 (501.60) to Mar. 2024 (422.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Landsea Homes's Inventory Turnover for the three months 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 three months ended in Mar. 2024 was 3.94.

Landsea Homes Days Inventory Historical Data

The historical data trend for Landsea 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.

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Landsea Homes Days Inventory Chart

Landsea Homes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

392.43

332.70

305.05

406.30

Landsea Homes Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial													501.60	414.90	466.51	313.38	422.10

Competitive Comparison of Landsea Homes's Days Inventory

For the Real Estate - Development subindustry, Landsea 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.

Landsea Homes's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Landsea Homes's Days Inventory distribution charts can be found below:

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

Landsea Homes Days Inventory Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1093.369	+	1121.726)	/	2 )	/	994.973	*	365
=	1107.5475					/	994.973	*	365
=	406.30

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

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1121.726	+	1196.506)	/	2 )	/	250.58	*	365 / 4
=	1159.116					/	250.58	*	365 / 4
=	422.10

Landsea Homes (NAS:LSEAW) 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.

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

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

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.

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

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

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.

Landsea Homes Days Inventory Related Terms

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

Landsea Homes (Landsea Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (NAS:LSEAW) » Definitions » Days Inventory

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.