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KB Home (KB Home) Inventory-to-Revenue : 3.54 (As of Feb. 2024)


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What is KB Home Inventory-to-Revenue?

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. KB Home's Average Total Inventories for the quarter that ended in Feb. 2024 was $5,189 Mil. KB Home's Revenue for the three months ended in Feb. 2024 was $1,468 Mil. KB Home's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 3.54.

KB Home's Inventory-to-Revenue for the quarter that ended in Feb. 2024 increased from Nov. 2023 (3.08) to Nov. 2023 (3.54)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KB Home's Days Inventory for the three months ended in Feb. 2024 was 412.40.

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


KB Home Inventory-to-Revenue Historical Data

The historical data trend for KB Home'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.

KB Home Inventory-to-Revenue Chart

KB Home Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.91 0.76 0.75 0.83

KB Home Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Inventory-to-Revenue 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 3.97 3.00 3.25 3.08 3.54

Competitive Comparison of KB Home's Inventory-to-Revenue

For the Residential Construction subindustry, KB Home'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.


KB Home's Inventory-to-Revenue Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where KB Home's Inventory-to-Revenue falls into.



KB Home Inventory-to-Revenue Calculation

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.

KB Home's Inventory-to-Revenue for the fiscal year that ended in Nov. 2023 is calculated as

Inventory-to-Revenue (A: Nov. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count ) / Revenue (A: Nov. 2023 )
=( (5543.176 + 5133.646) / 2 ) / 6410.629
=5338.411 / 6410.629
=0.83

KB Home's Inventory-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (Q: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Revenue (Q: Feb. 2024 )
=( (5133.646 + 5243.581) / 2 ) / 1467.766
=5188.6135 / 1467.766
=3.54

* 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.


KB Home  (NYSE:KBH) 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:

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.

More Related Terms:

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

KB Home's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=5188.6135/1148.074*365 / 4
=412.40

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

KB Home's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=1148.074 / 5188.6135
=0.22

* 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.


KB Home Inventory-to-Revenue Related Terms

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KB Home (KB Home) Business Description

Traded in Other Exchanges
Address
10990 Wilshire Boulevard, Floor 7, Los Angeles, CA, USA, 90024
KB Home is an American construction company that focuses on residential construction. The company builds single-family homes and communities across Arizona, California, Colorado, Florida, Nevada, Texas, North Carolina, Idaho and the Washington, D.C., area. KB Home operates in several markets and focuses on first-time and move-up homebuyers. The company follows a built-to-order model that offers personalized homes at attainable prices based on the market location. The company also invests in land acquisition and development to support future building activities and is also engaged in financial services operations which includes providing mortgage banking services through its joint venture with a third party.
Executives
William R Hollinger officer: SVP & Chief Accounting Officer 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Brian J Woram officer: EVP and General Counsel C/O H&R BLOCK, ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Melissa Lora director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Jeff Kaminski officer: EVP & Chief Financial Officer 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48034
Jeffrey T Mezger director, officer: President and CEO 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Jose Miguel Barras director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Albert Z Praw officer: EVP, Real Estate & Bus. Dev. 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Thomas W. Gilligan director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Brian R Niccol director 1 GLEN BELL WAY, IRVINE CA 92618
Robert V. Mcgibney officer: EVP and Co-COO C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Jodee A Kozlak director 1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Matthew W Mandino officer: EVP & Chief Operating Officer C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR, LOS ANGELES CA 90024
Kevin Paul Eltife director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
James C. Weaver director C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR, LOS ANGELES CA 90024