Forestar Group (Forestar Group) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Forestar Group's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Forestar Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $233 Mil. Hence, Forestar Group's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 13 years, Forestar Group's highest Days Inventory was 26.92. The lowest was 16.01. And the median was 22.73.

FOR's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 689.615
* Ranked among companies with meaningful Days Inventory only.

Forestar Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Forestar Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Forestar Group Days Inventory Historical Data

The historical data trend for Forestar Group'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.

Forestar Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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Forestar Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison

For the Real Estate - Development subindustry, Forestar Group'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.

Forestar Group Days Inventory Distribution

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

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

Forestar Group Days Inventory Calculation

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

Forestar Group's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1132.8	*	365
=	0					/	1132.8	*	365
=	0.00

Forestar Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	233	*	365 / 4
=	0					/	233	*	365 / 4
=	0.00

Forestar Group (NYSE:FOR) 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.

Forestar Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	233	/	0
	=

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.

Forestar Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	305.9
	=	0.00

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.

Forestar Group Days Inventory Related Terms

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

Forestar Group (Forestar Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Forestar Group Inc (NYSE:FOR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

4F31:Germany

Address

2221 E. Lamar Boulevard, Suite 790, Arlington, TX, USA, 76006

Website

https://www.forestar.com

Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.

Executives

Daniel C Bartok	officer: CEO	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Ringler G.f. (rick) Iii	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Elizabeth Parmer	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Mark Stephen Walker	officer: Chief Operating Officer	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
James Douglas Allen	officer: Chief Financial Officer	2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX 76006
Lisa H. Jamieson	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Samuel R Fuller	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Donald C Spitzer	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Bill W Wheat	officer: Principal Financial Officer	1361 HORTON CIRCLE, ARLINGTON TX 76011
Aron M. Odom	officer: Principal Accounting Officer	1341 HORTON CIRCLE, ARLINGTON TX 76011
Charles D Jehl	officer: Chief Financial Officer	C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
M Ashton Hudson	director	9995 GATE PARKWAY, SUITE 330, JACKSONVILLE FL 32246
Donald J Tomnitz	director, officer: Chairman	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Richard D. Squires	director	3889 MAPLE AVENUE, SUITE 1525, DALLAS TX 75219
Michael J. Quinley	officer: President	6300 BEE CAVE ROAD, BLDG 2, SUITE 500, AUSTIN TX 78746