NVR Inc (NVR)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,077 | 37,421 | 38,883 | 36,321 | 36,217 |
| Inventory | US$ in thousands | 2,058,710 | 1,950,150 | 1,788,280 | 1,947,370 | 1,709,080 |
| Inventory turnover | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $5,077K ÷ $2,058,710K
= 0.00
The inventory turnover ratio for NVR Inc has been consistently low at 0.02 from December 31, 2020, to December 31, 2024, indicating that the company is inefficient in managing its inventory levels. This could potentially suggest issues such as overstocking, slow-moving inventory, or poor demand forecasting. Furthermore, the significant drop in inventory turnover to 0.00 on December 31, 2024, could signal a concerning trend of stagnant or obsolete inventory. NVR Inc may need to reevaluate its inventory management practices to improve efficiency and optimize working capital utilization.
Peer comparison
Dec 31, 2024