D.R. Horton (D.R. Horton) Inventory-to-Revenue

: 2.68 (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

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. D.R. Horton's Average Total Inventories for the quarter that ended in Mar. 2024 was $24,445 Mil. D.R. Horton's Revenue for the three months ended in Mar. 2024 was $9,107 Mil. D.R. Horton's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.68.

D.R. Horton's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (3.00) to Dec. 2023 (2.68)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. D.R. Horton's Days Inventory for the three months ended in Mar. 2024 was 329.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. D.R. Horton's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.28.

D.R. Horton Inventory-to-Revenue Historical Data

The historical data trend for D.R. Horton's Inventory-to-Revenue 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.

D.R. Horton Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.62

0.58

0.52

0.57

0.62

D.R. Horton Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															2.82	2.34	2.16	3.00	2.68

Competitive Comparison

For the Residential Construction subindustry, D.R. Horton's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

D.R. Horton Inventory-to-Revenue Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, D.R. Horton's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where D.R. Horton's Inventory-to-Revenue falls into.

D.R. Horton Inventory-to-Revenue Calculation

D.R. Horton's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (A: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )
=	( (21655.7	+	22373.3)	/	2 )	/	35460.4
=	22014.5					/	35460.4
=	0.62

D.R. Horton's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (24050.3	+	24840)	/	2 )	/	9107.2
=	24445.15					/	9107.2
=	2.68

D.R. Horton (NYSE:DHI) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

D.R. Horton's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	24445.15	/	6774.3	*	365 / 4
	=	329.28

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

D.R. Horton's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	6774.3	/	24445.15
	=	0.28

D.R. Horton Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of D.R. Horton's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

D.R. Horton (D.R. Horton) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » D.R. Horton Inc (NYSE:DHI) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

HO2:Germany HO2:Germany D1HI34:Brazil

Address

1341 Horton Circle, Arlington, TX, USA, 76011

Website

https://www.drhorton.com

D.R. Horton is a leading homebuilder in the United States with operations in 118 markets across 33 states. D.R. Horton mainly builds single-family detached homes (over 90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. D.R. Horton's headquarters are in Arlington, Texas, and it manages six regional segments across the United States.

Executives

Aron M. Odom	officer: VP, Controller and PAO	1341 HORTON CIRCLE, ARLINGTON TX 76011
Bradley S Anderson	director	1361 HORTON CIRCLE, ARLINGTON TX 76011
Barbara K Allen	director	1361 HORTON CIRCLE, ARLINGTON TX 76011
Michael R Buchanan	director	1341 HORTON CIRCLE, ARLINGTON TX 76011
Bill W Wheat	director, officer: EVP and CFO	1361 HORTON CIRCLE, ARLINGTON TX 76011
Paul J Romanowski	officer: EVP and COO	1341 HORTON CIRCLE, ARLINGTON TX 76011
Michael J Murray	officer: EVP and COO	1361 HORTON CIRCLE, ARLINGTON TX 76011
Michael W Hewatt	director	1361 HORTON CIRCLE, ARLINGTON TX 76011
David V Auld	officer: EVP and COO	1361 HORTON CIRCLE, ARLINGTON TX 76011
Benjamin Sr Carson	director	PO BOX 3599, BATTLE CREEK MI 49016-3599
Maribess L Miller	director	2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Donald R Horton	director, officer: Chairman	1361 HORTON CIRCLE, ARLINGTON TX 76011
Donald J Tomnitz	director, officer: President and CEO	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Stacey Dwyer	officer: EVP and Treasurer	301 COMMERCE STREET, SUITE 500, FORT WORTH TX 76102
Bobby G Scott	director	301 COMMERCE STREET, SUITE 500, FORT WORTH TX 76102