Green Brick Partners Inc (GRBK)
Activity ratios
Short-term
Turnover ratios
| 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 | 0.72 | 0.70 | 0.70 | 0.73 | 0.80 | 0.85 | 0.88 | 0.93 | 0.87 | 0.87 | 0.90 | 0.87 | 0.86 | 0.76 | 0.77 | 0.82 | 0.88 | 0.94 | 0.92 | 0.85 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 1.02 | 1.13 | 1.09 | 1.05 | 1.15 | 1.11 | 1.15 | 1.32 | 1.32 | 1.39 | 1.41 | 1.32 | 1.24 | 1.15 | 1.13 | 1.21 | 1.20 | 1.30 | 1.18 | 1.01 |
Green Brick Partners Inc's inventory turnover has shown some fluctuations over the past few years, ranging from 0.70 to 0.94. The trend indicates that the company's ability to efficiently manage its inventory improved initially but slightly declined in recent periods.
The receivables turnover and payables turnover ratios were not provided, indicating a lack of data or significant focus on these metrics by the company.
In terms of working capital turnover, Green Brick Partners Inc has generally maintained a stable performance, with values staying within the range of 1.01 to 1.41. This indicates that the company effectively utilizes its working capital to generate sales revenue.
Overall, while there are fluctuations in the inventory turnover, the stability in the working capital turnover suggests efficient management of resources by Green Brick Partners Inc.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 506.40 | 525.10 | 518.67 | 502.60 | 454.75 | 430.63 | 415.38 | 392.45 | 420.55 | 421.72 | 404.99 | 421.13 | 422.13 | 480.19 | 476.95 | 446.61 | 415.81 | 388.31 | 397.72 | 430.34 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The Days of Inventory on Hand (DOH) ratio for Green Brick Partners Inc has fluctuated over the past few years, ranging from a low of 388.31 days on September 30, 2020, to a high of 525.10 days on September 30, 2024. The company's inventory turnover has shown some variability, which may indicate changes in the efficiency of inventory management.
However, the Days of Sales Outstanding (DSO) and Number of Days of Payables ratios are not available for analysis as there is no data provided for these metrics. Without this information, it is difficult to assess the company's liquidity position and its ability to collect receivables and manage payables effectively.
In conclusion, while the DOH ratio provides some insights into Green Brick Partners Inc's inventory management efficiency, a more comprehensive analysis of activity ratios, including DSO and payables turnover, would be needed to assess the company's overall operational performance and liquidity management.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 132.42 | 399.40 | 464.15 | 275.65 | 614.70 | 620.55 | 596.87 | 498.89 | 379.80 | 138.13 | 284.44 | 271.49 | 263.00 | 221.74 | 176.32 |
| Total asset turnover | 0.93 | 0.91 | 0.91 | 0.90 | 0.93 | 0.94 | 0.98 | 1.06 | 1.06 | 1.07 | 1.08 | 1.02 | 0.99 | 0.89 | 0.88 | 0.92 | 0.99 | 1.01 | 0.97 | 0.86 |
Based on the provided data on Green Brick Partners Inc's long-term activity ratios:
1. Fixed Asset Turnover: This ratio measures how efficiently the company is generating revenue from its fixed assets. The trend of Green Brick Partners Inc's fixed asset turnover indicates fluctuations over the years. The ratio shows an increasing trend from March 31, 2020, reaching a peak at June 30, 2022, before declining. However, there is a significant drop in the ratio by September 30, 2023. The ratio for December 31, 2023, and subsequent periods is not available.
2. Total Asset Turnover: This ratio reflects how well the company is utilizing its total assets to generate sales. Green Brick Partners Inc's total asset turnover ratio has shown variability over the years. The ratio fluctuated initially, reaching a peak at June 30, 2022, before slightly decreasing. However, it remained relatively stable from March 31, 2023, to December 31, 2024.
Overall, fluctuations in these long-term activity ratios suggest changing efficiency in asset utilization by Green Brick Partners Inc. It is essential to further investigate the reasons behind these fluctuations to understand the company's operational performance and strategic decisions.