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CalAtlantic Group (CalAtlantic Group) Days Inventory : 518.45 (As of Sep. 2017)


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What is CalAtlantic Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CalAtlantic Group's Average Total Inventories for the three months ended in Sep. 2017 was $6,890 Mil. CalAtlantic Group's Cost of Goods Sold for the three months ended in Sep. 2017 was $1,213 Mil. Hence, CalAtlantic Group's Days Inventory for the three months ended in Sep. 2017 was 518.45.

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

CAA's Days Inventory is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 321.76
* Ranked among companies with meaningful Days Inventory only.

CalAtlantic Group's Days Inventory increased from Sep. 2016 (461.50) to Sep. 2017 (518.45). It might indicate that CalAtlantic Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CalAtlantic Group's Inventory Turnover for the three months ended in Sep. 2017 was 0.18.

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. CalAtlantic Group's Inventory-to-Revenue for the three months ended in Sep. 2017 was 4.49.


CalAtlantic Group Days Inventory Historical Data

The historical data trend for CalAtlantic 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.

CalAtlantic Group Days Inventory Chart

CalAtlantic Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 650.49 590.54 608.21 636.99 462.27

CalAtlantic Group Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 461.50 392.17 563.38 462.67 518.45

Competitive Comparison of CalAtlantic Group's Days Inventory

For the Residential Construction subindustry, CalAtlantic 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.


CalAtlantic Group's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, CalAtlantic Group's Days Inventory distribution charts can be found below:

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



CalAtlantic Group Days Inventory Calculation

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

CalAtlantic Group's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (6153.205 + 6505.059) / 2 ) / 4997.41*365
=6329.132 / 4997.41*365
=462.27

CalAtlantic Group's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

Days Inventory (Q: Sep. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2017 ) + Total Inventories (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (6741.608 + 7038.71) / 2 ) / 1212.708*365 / 4
=6890.159 / 1212.708*365 / 4
=518.45

* 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.


CalAtlantic Group  (NYSE:CAA) 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.

CalAtlantic Group's Inventory Turnover for the three months ended in Sep. 2017 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.

CalAtlantic Group's Inventory to Revenue for the three months ended in Sep. 2017 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.


CalAtlantic Group Days Inventory Related Terms

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


CalAtlantic Group (CalAtlantic Group) Business Description

Traded in Other Exchanges
N/A
Address
CalAtlantic Group Inc is an American residential construction company that was formed in 2015 as a result of the merger between Ryland Homes and Standard Pacific, two of America's homebuilders. The company mainly constructs single-family housing communities in metropolitan areas across California, Florida, Arizona, the Carolinas, Texas, Colorado, and Nevada. CalAtlantic typically builds luxury single-family homes with average selling prices around $400,000 and completes more than 10,000 homes annually.
Executives
William L Jews director C/O FORTRESS INTERNATIONAL GROUP, INC., 7226 LEE DEFOREST DRIVE, SUITE 203, COLUMBIA, MD 21046
Norman J Metcalfe director 2007 BAYADERE TERRACE, CORONA DEL MAR CA 92625
Douglas C Jacobs director
Wendy L Marlett officer: CMO & EVP Sales & Marketing C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Robert E Mellor director SEVEN MADRONE AVE, KENTFIELD CA 94904
Scott D Stowell director, officer: Executive Chairman
Jeffrey Joseph Mccall officer: EVP & CFO 26 TECHNOLOGY DRIVE, IRVINE CA 92618
Bruce A Choate director
Matlinpatterson Global Advisers Llc 10 percent owner 70 EAST 55TH ST., 9TH FLOOR, NEW YORK NY 10022
Matlinpatterson Asset Management Llc 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
David J Matlin director, 10 percent owner
Matlinpatterson Llc 10 percent owner 520 MADISON AVE, NEW YORK NY 10022
John R. Peshkin director 15360 BARRANCA PARKWAY, IRVINE CA 92618
Mark R Patterson 10 percent owner

CalAtlantic Group (CalAtlantic Group) Headlines

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