Dream Finders Homes Inc (DFH)

Days of inventory on hand (DOH)

		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
Inventory turnover		1.37	1.88	2.00	2.41	2.45	2.43	2.48	2.32	1.84	1.75	1.67	1.51
DOH	days	266.26	194.17	182.26	151.70	149.22	150.09	147.35	157.57	198.08	209.03	218.45	241.77

September 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.37
= 266.26

The days of inventory on hand (DOH) for Dream Finders Homes Inc has shown fluctuations over the past few quarters. The trend indicates that the company has been able to manage its inventory levels more efficiently in recent quarters.

In the most recent quarter as of September 30, 2024, the DOH stood at 266.26 days, which is higher compared to the previous quarter but still within a reasonable range. This may indicate that the company might have experienced some challenges in managing its inventory levels in that period.

Looking back over the past year, the DOH has generally been decreasing from a peak in December 2021. This downward trend suggests that Dream Finders Homes Inc has likely been improving its inventory management practices, which is a positive indicator for the company's operational efficiency.

It is important for the company to monitor and potentially further optimize its inventory levels to ensure that products are neither overstocked nor understocked. By effectively managing its inventory, Dream Finders Homes Inc can potentially improve cash flow, reduce carrying costs, and enhance overall profitability.