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TopBuild (STU:28T) Days Inventory : 37.80 (As of Mar. 2024)


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What is TopBuild Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TopBuild's Average Total Inventories for the three months ended in Mar. 2024 was €340 Mil. TopBuild's Cost of Goods Sold for the three months ended in Mar. 2024 was €820 Mil. Hence, TopBuild's Days Inventory for the three months ended in Mar. 2024 was 37.80.

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

STU:28T' s Days Inventory Range Over the Past 10 Years
Min: 28.74   Med: 31.81   Max: 41.01
Current: 38.75

During the past 12 years, TopBuild's highest Days Inventory was 41.01. The lowest was 28.74. And the median was 31.81.

STU:28T's Days Inventory is ranked better than
55.09% of 1396 companies
in the Construction industry
Industry Median: 48.905 vs STU:28T: 38.75

TopBuild's Days Inventory declined from Mar. 2023 (44.12) to Mar. 2024 (37.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. TopBuild's Inventory Turnover for the three months ended in Mar. 2024 was 2.41.

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. TopBuild's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.29.


TopBuild Days Inventory Historical Data

The historical data trend for TopBuild'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.

TopBuild Days Inventory Chart

TopBuild Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.51 30.04 36.52 39.87 41.49

TopBuild Quarterly Data
Jun19 Sep19 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 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 44.12 41.39 37.11 37.20 37.80

Competitive Comparison of TopBuild's Days Inventory

For the Engineering & Construction subindustry, TopBuild'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.


TopBuild's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, TopBuild's Days Inventory distribution charts can be found below:

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



TopBuild Days Inventory Calculation

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

TopBuild'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
=( (414.08 + 334.458) / 2 ) / 3292.831*365
=374.269 / 3292.831*365
=41.49

TopBuild'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
=( (334.458 + 345.052) / 2 ) / 820.242*365 / 4
=339.755 / 820.242*365 / 4
=37.80

* 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.


TopBuild  (STU:28T) 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.

TopBuild's Inventory Turnover for the three months ended in Mar. 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.

TopBuild's Inventory to Revenue for the three months ended in Mar. 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.


TopBuild Days Inventory Related Terms

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


TopBuild (STU:28T) Business Description

Traded in Other Exchanges
Address
475 North Williamson Boulevard, Daytona Beach, FL, USA, 32114
TopBuild Corp is an installer and distributor of insulation products. Its operating segments involve the Installation and Specialty Distribution segment. The installation segment provides insulation installation services nationwide through contractor services business. Speciality Distribution segment distributes building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets. The majority of revenue is earned from the installation segment. Its main customers are contractors. Other products include gutters, after-paint, garage doors, fireplaces, and fireproofing and stopping. TopBuild operates primarily in the United States.

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