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SKY (Champion Homes) Days Inventory : 65.14 (As of Dec. 2024)


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What is Champion Homes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Champion Homes's Average Total Inventories for the three months ended in Dec. 2024 was $331 Mil. Champion Homes's Cost of Goods Sold for the three months ended in Dec. 2024 was $464 Mil. Hence, Champion Homes's Days Inventory for the three months ended in Dec. 2024 was 65.14.

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

SKY' s Days Inventory Range Over the Past 10 Years
Min: 5.79   Med: 40.99   Max: 63.98
Current: 63.98

During the past 13 years, Champion Homes's highest Days Inventory was 63.98. The lowest was 5.79. And the median was 40.99.

SKY's Days Inventory is ranked better than
85.06% of 87 companies
in the Homebuilding & Construction industry
Industry Median: 310.62 vs SKY: 63.98

Champion Homes's Days Inventory increased from Dec. 2023 (51.58) to Dec. 2024 (65.14). It might indicate that Champion Homes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Champion Homes's Inventory Turnover for the three months ended in Dec. 2024 was 1.40.

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. Champion Homes's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.51.


Champion Homes Days Inventory Historical Data

The historical data trend for Champion 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.

Champion Homes Days Inventory Chart

Champion Homes Annual Data
Trend May15 May16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.67 47.11 45.95 45.28 61.78

Champion Homes Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 51.58 63.47 62.86 65.37 65.14

Competitive Comparison of Champion Homes's Days Inventory

For the Residential Construction subindustry, Champion 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.


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

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

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


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Champion Homes Days Inventory Calculation

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

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

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (202.238 + 318.737) / 2 ) / 1539.029*365
=260.4875 / 1539.029*365
=61.78

Champion Homes's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (325.534 + 336.766) / 2 ) / 463.903*365 / 4
=331.15 / 463.903*365 / 4
=65.14

* 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.


Champion Homes  (NYSE:SKY) 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.

Champion Homes's Inventory Turnover for the three months ended in Dec. 2024 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.

Champion Homes's Inventory to Revenue for the three months ended in Dec. 2024 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.


Champion Homes Days Inventory Related Terms

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


Champion Homes Business Description

Traded in Other Exchanges
N/A
Address
755 West Big Beaver Road, Suite 1000, Troy, MI, USA, 48084
Champion Homes Inc is a factory-built housing company in North America. The company is well positioned with an portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors. In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.
Executives
Timothy A. Burkhardt officer: Vice President and Controller C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Joseph A. Kimmell officer: EVP C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Mark J. Yost officer: Executive Vice President C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Mak Capital One Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Jonathan Wade Lyall officer: Executive Vice President C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Laurie M. Hough officer: EVP, CFO, Treasurer C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Michael B Berman director C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Keith A Anderson officer: Chief Executive Officer C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Gary E Robinette director 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Timothy Mark Larson officer: Chief Growth Officer C/O SKYLINE CHAMPION CORPORATION, 755 W. BIG BEAVER RD., SUITE 1000, TROY MI 48084
Erin Mulligan Nelson director C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Heath Jenkins officer: President, Retail Operations 755 W BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Tawn Kelley director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Nikul Patel director 11115 RUSHMORE DR, CHARLOTTE NC 28277-3442
Eddie Capel director 2300 WINDY RIDGE PARKWAY, SUITE 1000, ATLANTA GA 30339