Century Communities Inc (CCS)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Inventory turnover		0.15	0.14	0.15	0.15	0.15	0.14	0.15	0.16	0.16	0.14	0.14	0.15	0.16	0.17	0.19	0.20	28.66	0.18	0.17	136.07
DOH	days	2,400.36	2,568.82	2,472.82	2,439.01	2,451.25	2,567.60	2,404.88	2,286.60	2,343.40	2,643.29	2,681.97	2,450.96	2,301.19	2,087.96	1,903.33	1,870.45	12.74	2,019.86	2,129.73	2.68

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.15
= 2,400.36

The days of inventory on hand (DOH) for Century Communities Inc fluctuated over the period from March 31, 2020, to December 31, 2024.

From March 31, 2020, the DOH spiked significantly to 2,129.73 days at June 30, 2020, which may indicate challenges in managing inventory levels efficiently during that period. However, there was a sharp decrease to 12.74 days by December 31, 2020, suggesting a major improvement in inventory management.

Subsequently, the DOH figures continued to vary between 1,870.45 to 2,681.97 days until December 31, 2022. These fluctuations imply some level of inconsistency in inventory turnover during these periods.

From March 31, 2023, to December 31, 2024, the DOH figures remained relatively stable, ranging from 2,286.60 to 2,568.82 days. This stability could indicate a more predictable inventory management approach by the company in the later years.

Overall, the analysis of Century Communities Inc's DOH highlights periods of challenges and improvements in inventory management, with a trend towards more stability in recent years. Further assessment of the company's inventory control strategies and operational efficiency may provide valuable insights into optimizing inventory turnover and working capital management.