HOVVB (Hovnanian Enterprises) Inventory Turnover: 0.34 (As of Apr. 2026)

What is Hovnanian Enterprises Inventory Turnover?

Hovnanian Enterprises HOVVB 67 Inventory Turnover is 0.34 as of Apr. 2026. GuruFocus rates HOVVB with a GF Score™ of 67/100 and a GF Value™ of $96.55 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hovnanian Enterprises's Cost of Goods Sold for the three months ended in Apr. 2026 was $569 Mil. Hovnanian Enterprises's Average Total Inventories for the quarter that ended in Apr. 2026 was $1,686 Mil. Hovnanian Enterprises's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hovnanian Enterprises's Days Inventory for the three months ended in Apr. 2026 was 270.28.

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. Hovnanian Enterprises's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 2.52.

Hovnanian Enterprises (OTCPK:HOVVB) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Hovnanian Enterprises's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2026 )	/	Cost of Goods Sold (Q: Apr. 2026 )	*	Days in Period
	=	1685.7785	/	569.138	*	365 / 4
	=	270.28

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.

Hovnanian Enterprises's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2026 )	/	Revenue (Q: Apr. 2026 )
	=	1685.7785	/	667.645
	=	2.52

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hovnanian Enterprises Inventory Turnover Related Terms

Hovnanian Enterprises Inventory Turnover Historical Data

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The historical data trend for Hovnanian Enterprises's Inventory Turnover can be seen below:

Hovnanian Enterprises Inventory Turnover Chart

Hovnanian Enterprises Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

Inventory Turnover

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1.83

1.64

1.52

1.61

1.56

Hovnanian Enterprises Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
Inventory Turnover	Get a 7-Day Free Trial															0.34	0.40	0.43	0.33	0.34

67GF Score

Hovnanian Enterprises Inc HOVVB

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Hovnanian Enterprises Inventory Turnover Calculation

Hovnanian Enterprises's Inventory Turnover for the fiscal year that ended in Oct. 2025 is calculated as

	Inventory Turnover (A: Oct. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2025 )	/ (	(Total Inventories (A: Oct. 2024 )	+	Total Inventories (A: Oct. 2025 ))	/	count )
=	2557.91	/ (	(1644.804	+	1637.47)	/	2 )
=	2557.91	/	1641.137
=	1.56

Hovnanian Enterprises's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

	Inventory Turnover (Q: Apr. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2026 )	/ (	(Total Inventories (Q: Jan. 2026 )	+	Total Inventories (Q: Apr. 2026 ))	/	count )
=	569.138	/ (	(1647.97	+	1723.587)	/	2 )
=	569.138	/	1685.7785
=	0.34

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.34 mean?

Hovnanian Enterprises (HOVVB) has a Inventory Turnover of 0.34 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hovnanian Enterprises and its competitors.

Is Hovnanian Enterprises' Inventory Turnover too high?

Hovnanian Enterprises' current Inventory Turnover is 0.34. Overall, Hovnanian Enterprises has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hovnanian Enterprises' Inventory Turnover compare to BZH and LEGH?

Hovnanian Enterprises' Inventory Turnover of 0.34 can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Homebuilding & Construction company?

A good Inventory Turnover depends on the Homebuilding & Construction industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hovnanian Enterprises and its competitors. Hovnanian Enterprises's current Inventory Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hovnanian Enterprises stock overvalued right now?

Based on GuruFocus' analysis, Hovnanian Enterprises (HOVVB) is currently considered Modestly Overvalued. The stock's GF Value™ is $96.55, compared to a current price of $110.00 — trading 13.9% above its estimated fair value. The current Inventory Turnover is 0.34. Hovnanian Enterprises' overall GF Score™ is 67/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Hovnanian Enterprises (HOVVB), the current Inventory Turnover is 0.34 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hovnanian Enterprises (HOVVB) Overvalued in 2026?

Based on GuruFocus' analysis, Hovnanian Enterprises stock appears to be overvalued. The current stock price of $110.00 is trading 13.9% above its estimated GF Value™ of $96.55. GuruFocus considers Hovnanian Enterprises to be Modestly Overvalued.

Key valuation signals for HOVVB:

Inventory Turnover: 0.34
GF Value™: $96.55 vs. price of $110.00 (13.9% above fair value)
GF Score™: 67/100 with 11 warning signs

No single metric tells the full story. See the HOVVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hovnanian Enterprises Business Description

Industry Consumer Cyclical Homebuilding & Construction

Comparable Companies BZH LEGH VNJA LGIH NOBH DFH SPHL DREM BDCC GRBK DHI PHM LEN NVR TOL TSE:1928 TMHC IBP MTH LSE:BTRW

Other Exchanges HOV:USA HOVNP.PFD:USA

Address 90 Matawan Road, Fifth Floor, Matawan, NJ, USA, 07747

Website https://www.khov.com

Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations. The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments: Northeast, which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia, and West Virginia; Southeast, which includes Florida, Georgia, and South Carolina; and West, which includes Arizona, California, and Texas. The firm generates maximum revenue from the West Segment.

67GF Score

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$110.00

Price

$96.55

GF Value

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