Meritage Corporation (MTH)

Days of inventory on hand (DOH)

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
DOH days 479.68 435.92 373.74 354.35 377.73

December 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.76
= 479.68