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Taylor Wimpey (Taylor Wimpey) Days Inventory : 629.16 (As of Dec. 2023)


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What is Taylor Wimpey Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taylor Wimpey's Average Total Inventories for the six months ended in Dec. 2023 was $6,610 Mil. Taylor Wimpey's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,917 Mil. Hence, Taylor Wimpey's Days Inventory for the six months ended in Dec. 2023 was 629.16.

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

TWODF' s Days Inventory Range Over the Past 10 Years
Min: 464.07   Med: 546.3   Max: 694.73
Current: 679.53

During the past 13 years, Taylor Wimpey's highest Days Inventory was 694.73. The lowest was 464.07. And the median was 546.30.

TWODF's Days Inventory is ranked worse than
82.47% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 325.77 vs TWODF: 679.53

Taylor Wimpey's Days Inventory increased from Dec. 2022 (554.18) to Dec. 2023 (629.16). It might indicate that Taylor Wimpey's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taylor Wimpey's Inventory Turnover for the six months ended in Dec. 2023 was 0.29.

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. Taylor Wimpey's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.78.


Taylor Wimpey Days Inventory Historical Data

The historical data trend for Taylor Wimpey'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.

Taylor Wimpey Days Inventory Chart

Taylor Wimpey Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 456.14 686.41 533.80 586.73 661.64

Taylor Wimpey Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 576.68 626.05 554.18 730.68 629.16

Competitive Comparison of Taylor Wimpey's Days Inventory

For the Residential Construction subindustry, Taylor Wimpey'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.


Taylor Wimpey's Days Inventory Distribution in the Homebuilding & Construction Industry

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

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



Taylor Wimpey Days Inventory Calculation

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

Taylor Wimpey'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
=( (6296.711 + 6543.797) / 2 ) / 3541.772*365
=6420.254 / 3541.772*365
=661.64

Taylor Wimpey'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (6676.894 + 6543.797) / 2 ) / 1917.469*365 / 2
=6610.3455 / 1917.469*365 / 2
=629.16

* 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.


Taylor Wimpey  (OTCPK:TWODF) 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.

Taylor Wimpey's Inventory Turnover for the six 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.

Taylor Wimpey's Inventory to Revenue for the six 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.


Taylor Wimpey Days Inventory Related Terms

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


Taylor Wimpey (Taylor Wimpey) Business Description

Traded in Other Exchanges
Address
Turnpike Road, Gate House, High Wycombe, Buckinghamshire, GBR, HP12 3NR
Taylor Wimpey is the U.K.'s second-largest residential property developer by revenue—or third-largest as judged by dwelling completions—and was established via the merger of George Wimpey and Taylor Woodrow in 2007. Taylor Wimpey is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain, aligning with the typical business model employed by U.K. homebuilders. The company also has a nascent homebuilding operation in Spain.

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