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MTH (Meritage Homes) Days Inventory : 494.91 (As of Mar. 2025)


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What is Meritage Homes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meritage Homes's Average Total Inventories for the three months ended in Mar. 2025 was $5,765 Mil. Meritage Homes's Cost of Goods Sold for the three months ended in Mar. 2025 was $1,063 Mil. Hence, Meritage Homes's Days Inventory for the three months ended in Mar. 2025 was 494.91.

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

MTH' s Days Inventory Range Over the Past 10 Years
Min: 285.48   Med: 340.95   Max: 414.89
Current: 414.89

During the past 13 years, Meritage Homes's highest Days Inventory was 414.89. The lowest was 285.48. And the median was 340.95.

MTH's Days Inventory is ranked worse than
61.36% of 88 companies
in the Homebuilding & Construction industry
Industry Median: 327.87 vs MTH: 414.89

Meritage Homes's Days Inventory increased from Mar. 2024 (402.06) to Mar. 2025 (494.91). It might indicate that Meritage Homes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meritage Homes's Inventory Turnover for the three months ended in Mar. 2025 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. Meritage Homes's Inventory-to-Revenue for the three months ended in Mar. 2025 was 4.22.


Meritage Homes Days Inventory Historical Data

The historical data trend for Meritage 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.

Meritage Homes Days Inventory Chart

Meritage Homes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 285.48 320.18 328.55 358.77 397.76

Meritage Homes Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 402.06 365.88 404.61 410.20 494.91

Competitive Comparison of Meritage Homes's Days Inventory

For the Residential Construction subindustry, Meritage 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.


Meritage Homes's Days Inventory Distribution in the Homebuilding & Construction Industry

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

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


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Meritage Homes Days Inventory Calculation

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

Meritage Homes's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (4721.291 + 5728.775) / 2 ) / 4794.669*365
=5225.033 / 4794.669*365
=397.76

Meritage Homes's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (5728.775 + 5800.954) / 2 ) / 1062.902*365 / 4
=5764.8645 / 1062.902*365 / 4
=494.91

* 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.


Meritage Homes  (NYSE:MTH) 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.

Meritage Homes's Inventory Turnover for the three months ended in Mar. 2025 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.

Meritage Homes's Inventory to Revenue for the three months ended in Mar. 2025 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.


Meritage Homes Days Inventory Related Terms

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


Meritage Homes Business Description

Traded in Other Exchanges
Address
18655 North Claret Drive, Suite 400, Scottsdale, AZ, USA, 85255
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, comprising ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments: homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services, and the financial services segment offers title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.
Executives
Joseph Keough director 3715 NORTHSIDE PKWY NW, SUITE 4-600, ATLANTA GA 30327
Alison Sasser officer: SVP - Chief Accounting Officer 8800 E RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Clinton Szubinski officer: EVP - Chief Operating Officer 8800 E RAINTREE DRIVE, SCOTTSDALE AZ 85260
Steven J Hilton officer: Chief Executive Officer 6613 N SCOTTSDALE RD, SCOTTSDALE AZ 85250
R. Odell Michael director 3111 WEST ALLEGHENY AVENUE, PHILADELPHIA PA 19130
Hilla Sferruzza officer: Chief Accounting Officer 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Louis E Caldera director C/O BELO CORP, PO BOX 655237, DALLAS TX 75265-5237
Peter L Ax director
Javier Feliciano officer: EVP Chief Human Resources Off 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Phillippe Lord officer: EXECUTIVE VICE PRESIDENT 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Dennis V Arriola director 162 CANCO ROAD, PORTLAND ME 04103
Gerald W Haddock director C/O ENSCO, 5847 SAN FELIPE, HOUSTON TX 77057
Raymond Oppel director
Malissia Clinton officer: EVP - Gen. Counsel, Secretary 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
C Timothy White officer: EVP - Gen. Counsel, Secretary