PulteGroup Inc (PHM)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		0.12	0.13	0.14	0.14	0.15
DOH	days	3,124.55	2,830.53	2,607.46	2,533.92	2,475.98

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.12
= 3,124.55

PulteGroup Inc's days of inventory on hand (DOH) has been on an upward trend over the past five years, increasing from 2,475.98 days as of December 31, 2020, to 3,124.55 days as of December 31, 2024. This indicates that, on average, the company takes significantly longer to sell its inventory, which could potentially lead to increased carrying costs and liquidity constraints. The rising trend in DOH may suggest challenges in managing inventory levels efficiently, potentially affecting the company's working capital management and profitability. PulteGroup Inc may need to focus on implementing strategies to improve inventory turnover and reduce the number of days inventory is held to optimize its operational efficiency and financial performance in the long run.