Taylor Morn Home (TMHC)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,183,920 | 5,634,760 | 6,132,550 | 5,953,380 | 5,085,100 |
| Inventory | US$ in thousands | 4,481,920 | 3,884,850 | 3,650,540 | 3,965,990 | 3,973,740 |
| Inventory turnover | 1.38 | 1.45 | 1.68 | 1.50 | 1.28 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $6,183,920K ÷ $4,481,920K
= 1.38
The inventory turnover of Taylor Morn Home has shown a fluctuating trend over the past five years. Starting at 1.28 in December 31, 2020, it increased to 1.50 by December 31, 2021, indicating a more efficient management of inventory. The trend continued upwards to 1.68 by December 31, 2022, suggesting further improvement. However, there was a slight decrease to 1.45 by December 31, 2023, indicating a possible challenge in managing inventory effectively. The inventory turnover then decreased again to 1.38 by December 31, 2024, which may suggest a need for the company to review its inventory management practices to ensure optimal efficiency.
Peer comparison
Dec 31, 2024