KB Home (KBH)

Days of inventory on hand (DOH)

		Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020
Inventory turnover		—	0.02	0.02	0.02	0.87
DOH	days	—	16,205.68	15,146.09	16,392.06	420.32

November 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Based on the data provided for KB Home's days of inventory on hand (DOH) over the years:

- In November 2020, the company had about 420.32 days worth of inventory on hand, indicating that it took approximately 420 days to sell its inventory.
- The following year, in November 2021, the DOH surged significantly to 16,392.06 days, reflecting a substantial increase in the number of days it would take to sell inventory. This could imply potential issues with managing inventory levels or sales slowdown.
- By November 2022, the DOH decreased to 15,146.09 days, but it still remains at a very high level, suggesting a persistent challenge in efficiently converting inventory into sales.
- In November 2023, the DOH increased slightly to 16,205.68 days, indicating that the company continues to face difficulties in optimizing its inventory turnover.
- For November 2024, the data is not available (marked as "— days"), making it impossible to assess the inventory situation for that period.

Overall, the trend in KB Home's DOH indicates significant fluctuations and challenges in managing inventory levels efficiently, with the company facing prolonged periods to sell off its inventory in recent years. This could potentially impact its cash flow, profitability, and operational efficiency.