Meritage Corporation (MTH)

Activity ratios

Short-term

Turnover ratios

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Inventory turnover 0.76 0.84 0.98 1.03 0.97
Receivables turnover 19.08 24.95 22.90 29.26 34.85
Payables turnover 23.36 22.58 16.97 16.43 17.15
Working capital turnover 6.65 1.03 1.14 1.28 1.28

Average number of days

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Days of inventory on hand (DOH) days 479.68 435.92 373.74 354.35 377.73
Days of sales outstanding (DSO) days 19.13 14.63 15.94 12.47 10.47
Number of days of payables days 15.62 16.17 21.50 22.22 21.29

Long-term

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Fixed asset turnover 125.57 63.81 60.99 162.86 137.69
Total asset turnover 0.77 0.89 0.96 1.09 1.07