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NVR Days Inventory

: 108.39 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). NVR's Average Total Inventories for the three months ended in Jun. 2022 was $2,286 Mil. NVR's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,925 Mil. Hence, NVR's Days Inventory for the three months ended in Jun. 2022 was 108.39.

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

NVR' s Days Inventory Range Over the Past 10 Years
Min: 75.51   Med: 82.68   Max: 107.39
Current: 107.39

During the past 13 years, NVR's highest Days Inventory was 107.39. The lowest was 75.51. And the median was 82.68.

NVR's Days Inventory is ranked better than
78.79% of 99 companies
in the Homebuilding & Construction industry
Industry Median: 341.80 vs NVR: 107.39

NVR's Days Inventory increased from Jun. 2021 (100.79) to Jun. 2022 (108.39). It might indicate that NVR's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NVR's Inventory Turnover for the three months ended in Jun. 2022 was 0.84.

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. NVR's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.86.


NVR Days Inventory Historical Data

The historical data trend for NVR'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.

NVR Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.51 80.13 81.13 93.94 98.67

NVR Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Premium Member Only 100.79 96.30 105.63 114.41 108.39

Competitive Comparison

For the Residential Construction subindustry, NVR'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.

   

NVR Days Inventory Distribution

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

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



NVR Days Inventory Calculation

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

NVR's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1709.082 + 1947.366) / 2 ) / 6763.115*365
=1828.224 / 6763.115*365
=98.67

NVR's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (2193.639 + 2378.745) / 2 ) / 1924.727*365 / 4
=2286.192 / 1924.727*365 / 4
=108.39

* 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.


NVR  (NYSE:NVR) 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.

NVR's Inventory Turnover for the three months ended in Jun. 2022 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.

NVR's Inventory to Revenue for the three months ended in Jun. 2022 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.


NVR Days Inventory Related Terms

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


NVR Business Description

NVR logo
Traded in Other Exchanges
Address
11700 Plaza America Drive, Suite 500, Reston, VA, USA, 20190
NVR Inc is a United States-based homebuilding company operating in over 33 metropolitan areas across the east of the Mississippi River. The company builds single-family detached homes, townhomes, and condominium buildings under three brands, Ryan Homes, NVHomes, and Heartland Homes. NVR's avoidance of direct land development activity is unique among public homebuilders and results in relatively outsize return metrics. The Virginia-based company also manages a mortgage banking segment and building products operations.
Executives
Bailey Sallie B director FERRO CORPORATION 1000 LAKESIDE AVENUE CLEVELAND OH 44124-1147
Praylo Paul W officer: SVP, Chief Operating Officer 11700 PLAZA AMERICA DR SUITE 500 RESTON VA 20190
Jung Alexandra A director 11700 PLAZA AMERICA DR SUITE 500 RESTON VA 20190
Ross Susan Williamson director 11700 PLAZA AMERICA DR, SUITE 500 RESTON VA 20190
Kelpy Matthew B. officer: VP, Chief Accounting Officer 11700 PLAZA AMERICA DRIVE SUITE 500 RESTON VA 20190
Martchek Jeffrey D officer: President of Homebuilding Ops 11700 PLAZA AMERICA DRIVE SUITE 500 RESTON VA 20190
Grier Eddie Arthur director 11700 PLAZA AMERICA DRIVE, SUITE 500 RESTON VA 20190
Malzahn Daniel David officer: Chief Financial Officer 11700 PLAZA AMERICA DRIVE, SUITE 500 RESTON VA 20190
Martinez Melquiades R. director 450 SOUTH ORANGE AVENUE SUITE 250 ORLANDO FL 32801-3443
Bredow Eugene James officer: Controller 11700 PLAZA AMERICA DRIVE SUITE 500 RESTON VA 20190
Eckert Thomas D director 1997 ANNAPOLIS EXCHANGE PARKWAY SUITE 410 ANNAPOLIS MD 21401
Goethe Robert A officer: President, NVRM, Inc. PO BOX 669 MONTGOMERY AL 36104
Festa Alfred E director
Rosier William Grady director 1111 MILLCREEK DRIVE SALADO TX 76571
Andrews Charles Elliott director C/O H&R BLOCK ONE H&R BLOCK WAY KANSAS CITY MO 64105

NVR Headlines

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