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United Homes Group (United Homes Group) Days Inventory : 199.86 (As of Mar. 2024)


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What is United Homes Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). United Homes Group's Average Total Inventories for the three months ended in Mar. 2024 was $185.6 Mil. United Homes Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $84.7 Mil. Hence, United Homes Group's Days Inventory for the three months ended in Mar. 2024 was 199.86.

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

UHG' s Days Inventory Range Over the Past 10 Years
Min: 129.44   Med: 148.68   Max: 193.86
Current: 161

During the past 5 years, United Homes Group's highest Days Inventory was 193.86. The lowest was 129.44. And the median was 148.68.

UHG's Days Inventory is ranked better than
70.53% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 326.57 vs UHG: 161.00

United Homes Group's Days Inventory increased from Mar. 2023 (193.11) to Mar. 2024 (199.86). It might indicate that United Homes Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Homes Group's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. United Homes Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.84.


United Homes Group Days Inventory Historical Data

The historical data trend for United Homes Group'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.

United Homes Group Days Inventory Chart

United Homes Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- 134.21 129.44 163.14 193.86

United Homes Group Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 193.11 123.01 160.33 151.12 199.86

Competitive Comparison of United Homes Group's Days Inventory

For the Residential Construction subindustry, United Homes Group'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.


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

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

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



United Homes Group Days Inventory Calculation

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

United Homes Group'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
=( (180.203 + 182.81) / 2 ) / 341.748*365
=181.5065 / 341.748*365
=193.86

United Homes Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (182.81 + 188.416) / 2 ) / 84.744*365 / 4
=185.613 / 84.744*365 / 4
=199.86

* 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.


United Homes Group  (NAS:UHG) 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.

United Homes Group's Inventory Turnover for the three months ended in Mar. 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.

United Homes Group's Inventory to Revenue for the three months ended in Mar. 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.


United Homes Group Days Inventory Related Terms

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


United Homes Group (United Homes Group) Business Description

Traded in Other Exchanges
Address
250 Park Avenue, 7th Floor, New York, NY, USA, 10177
United Homes Group Inc operates as a homebuilder in the Southeast. The company currently has a presence in South Carolina and Georgia and focuses on providing high-quality, affordable homes for the entry-level and first-move-up segments.
Executives
Jeremy P. Pyle officer: Co-Executive VP - Construction 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Penny Robert Earl Jr. officer: Executive VP - Sales 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Robert F. Dozier director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Antara Capital Lp 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Eric S. Bland director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Jason A. Enoch director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Twine Ray Shelton Iii 10 percent owner, officer: Chief Operating Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Pennington W. Nieri 10 percent owner 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Stephen C. Lenker officer: Exec. VP, G.C., & Corp. Sec. 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
O'grady Clive R.g. director, officer: Chief Administrative Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Alan D. Levine director, 10 percent owner 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Conversant Opportunity Master Fund Lp director 90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Pwn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Pmn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Patrick Michael Nieri 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063