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Dream Finders Homes (Dream Finders Homes) Days Inventory

: 147.35 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Dream Finders Homes's Average Total Inventories for the three months ended in Dec. 2023 was $1,457 Mil. Dream Finders Homes's Cost of Goods Sold for the three months ended in Dec. 2023 was $902 Mil. Hence, Dream Finders Homes's Days Inventory for the three months ended in Dec. 2023 was 147.35.

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

DFH' s Days Inventory Range Over the Past 10 Years
Min: 160.8   Med: 173.28   Max: 235.93
Current: 173.17

During the past 6 years, Dream Finders Homes's highest Days Inventory was 235.93. The lowest was 160.80. And the median was 173.28.

DFH's Days Inventory is ranked better than
70.41% of 98 companies
in the Homebuilding & Construction industry
Industry Median: 321.76 vs DFH: 173.17

Dream Finders Homes's Days Inventory increased from Dec. 2022 (145.04) to Dec. 2023 (147.35). It might indicate that Dream Finders Homes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dream Finders Homes's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.

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. Dream Finders Homes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.28.


Dream Finders Homes Days Inventory Historical Data

The historical data trend for Dream Finders Homes'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.

Dream Finders Homes Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only 187.18 160.80 175.78 163.91 170.78

Dream Finders Homes Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only 145.04 201.38 170.58 185.98 147.35

Competitive Comparison

For the Residential Construction subindustry, Dream Finders Homes'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.


Dream Finders Homes Days Inventory Distribution

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

* The bar in red indicates where Dream Finders Homes's Days Inventory falls into.



Dream Finders Homes Days Inventory Calculation

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

Dream Finders Homes'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
=( (1378.185 + 1440.249) / 2 ) / 3011.813*365
=1409.217 / 3011.813*365
=170.78

Dream Finders Homes'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
=( (1473.917 + 1440.249) / 2 ) / 902.328*365 / 4
=1457.083 / 902.328*365 / 4
=147.35

* 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.


Dream Finders Homes  (NYSE:DFH) 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.

Dream Finders Homes's Inventory Turnover for the three months ended in Dec. 2023 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.

Dream Finders Homes's Inventory to Revenue for the three months ended in Dec. 2023 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.


Dream Finders Homes Days Inventory Related Terms

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


Dream Finders Homes (Dream Finders Homes) Business Description

Traded in Other Exchanges
N/A
Address
14701 Philips Highway, Suite 300, Jacksonville, FL, USA, 32256
Dream Finders Homes Inc is engaged in the home building business. It designs, builds, and sells homes in Jacksonville, Orlando, Denver, the Washington D.C. metropolitan area, and Austin. The company operates through six geographical divisions namely, Jacksonville, Orlando, Denver, Washington DC (Capital), and the Carolinas (H&H Homes), Jet Home Loans LLC. Jacksonville division generates most of the revenue for the firm.
Executives
Patrick O. Zalupski director, officer: President and CEO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Lorena Anabel Fernandez officer: CFO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Doug Moran officer: Senior VP and COO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Len Sturm director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Justin Udelhofen director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Walton William H Iii director ONE INDEPENDENT DRIVE, SUITE 1600, JACKSONVILLE FL 32202
William Weatherford director 19701 BETHEL CHURCH ROAD #302, CORNELIUS NC 28031
Robert E. Riva officer: VP, GC and Corporate Secretary 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Boston Omaha Corp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Boc Dfh, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
United Casualty & Surety Insurance Co. other: SUBSID of Boston Omaha Corp 292 NEWBURY STREET, BOX 105, BOSTON MA 02115
John O. Blanton officer: VP and CAO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Rick A. Moyer officer: Senior VP and CFO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Megha H. Parekh director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Lovett William Radford Ii director C/O EVERBANK FINANCIAL CORP, 501 RIVERSIDE AVENUE, JACKSONVILLE FL 32202