NVR Inc (NVR)

Working capital turnover

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Revenue (ttm) US$ in thousands 10,310,260 10,542,640 10,556,460 10,543,580 10,129,720 9,966,130 9,691,150 9,534,890 9,813,290 10,019,540 10,339,110 10,538,290 10,055,030 9,672,670 9,296,760 8,959,760 9,073,670 8,667,920 8,004,330 7,545,850
Total current assets US$ in thousands 5,406,290 5,295,280 5,583,940 5,837,880 5,909,300 5,848,140 5,038,790 5,194,590 5,333,440 5,243,660 5,066,690 5,196,270 4,857,590 4,831,480 5,268,700 5,401,960 5,374,620 5,432,390 5,397,780 4,986,650
Total current liabilities US$ in thousands 1,038,470 1,065,320 1,215,050 1,150,430 1,202,090 1,260,030 1,185,130 1,222,730 826,935 727,788 881,445 1,146,450 1,299,270 1,292,940 1,410,880 1,241,280 1,177,800 1,215,460 1,187,520 843,258
Working capital turnover 2.36 2.49 2.42 2.25 2.15 2.17 2.51 2.40 2.18 2.22 2.47 2.60 2.83 2.73 2.41 2.15 2.16 2.06 1.90 1.82

September 30, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $10,310,260K ÷ ($5,406,290K – $1,038,470K)
= 2.36