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
Peer comparison
Nov 30, 2025
Nov 30, 2025
Company name
Symbol
Inventory turnover
Lennar Corporation
LEN
2.37
DR Horton Inc
DHI
1.03
KB Home
KBH
0.89
M/I Homes Inc
MHO
16.45
Meritage Corporation
MTH
0.76
NVR Inc
NVR
3.70
PulteGroup Inc
PHM
0.98
Toll Brothers Inc
TOL
0.76