Days Inventory is also known as Days Sales of Inventory (DSI). Nobility Homes's Average Total Inventories for the
three
months ended in Jan. 2025 was $20.66 Mil. Nobility Homes's Cost of Goods Sold for the
three
months ended in Jan. 2025 was $8.27 Mil.
Hence, Nobility Homes's Days Inventory for the
three
months ended in Jan. 2025 was 227.89.
The historical rank and industry rank for Nobility Homes's Days Inventory or its related term are showing as below:
NOBH'
s Days Inventory Range Over the Past 10 Years
Min: 98.58 Med: 120.11 Max: 229.54
Current: 229.54
During the past 13 years, Nobility Homes's highest Days Inventory was 229.54. The lowest was 98.58. And the median was 120.11.
NOBH's Days Inventory is ranked better than 56.32% of 87
companies
in the Homebuilding & Construction industry
Industry Median: 310.62
vs NOBH: 229.54
Nobility Homes's Days Inventory
increased
from Jan. 2024 (189.07) to Jan. 2025 (227.89).
It might indicate that Nobility Homes's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nobility Homes's Inventory Turnover for the
three
months ended in Jan. 2025 was 0.40.
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.
Nobility Homes's Inventory-to-Revenue for the
three
months ended in Jan. 2025 was 1.69.
Nobility Homes Days Inventory Historical Data
The historical data trend for Nobility 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.
Competitive Comparison of Nobility Homes's Days Inventory
For the Residential Construction subindustry, Nobility 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.
Nobility Homes's Days Inventory Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Nobility Homes's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nobility Homes's Days Inventory falls into.
* 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.
Nobility Homes (OTCPK:NOBH) 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.
Nobility Homes's Inventory Turnover for the
three
months ended in Jan. 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.
Nobility Homes's Inventory to Revenue for the
three
months ended in Jan. 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.
Nobility Homes Days Inventory Related Terms
Thank you for viewing the detailed overview of Nobility Homes's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nobility Homes Inc focuses on designing, manufacturing, and selling manufactured and modular homes through its own retail sales centers across Florida. It also sells its manufactured homes on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. The company's homes are sold as unfurnished dwellings ready for permanent occupancy. The company recognizes revenue from retail sales of new manufactured homes, the sale of the repurchased homes upon transfer of title to the new purchaser, and revenues from its independent dealers.
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