Lennar Corporation (LEN)

Inventory turnover

Nov 30, 2025 Aug 31, 2025 May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021
Cost of revenue (ttm) US$ in thousands 28,121,470 27,988,940 28,090,830 27,947,220 27,462,190 19,784,981 18,985,321 18,444,501 17,859,371 25,492,690 25,322,320 25,020,750 24,504,620 22,919,340 21,596,380 20,424,600 19,797,340 18,826,270 18,236,230 17,623,690
Inventory US$ in thousands 11,841,300 13,700,200 14,516,800 14,251,900 20,312,400 20,640,500 20,509,700 19,942,800 18,352,700 22,049,500 21,686,800 21,627,900 21,432,000 22,842,500 22,089,500 20,592,700 18,715,300 19,105,900 18,419,000 17,692,900
Inventory turnover 2.37 2.04 1.94 1.96 1.35 0.96 0.93 0.92 0.97 1.16 1.17 1.16 1.14 1.00 0.98 0.99 1.06 0.99 0.99 1.00

November 30, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $28,121,470K ÷ $11,841,300K
= 2.37