TRI Pointe Homes Inc (TPH)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		0.02	0.12	0.14	0.87	0.81
DOH	days	21,801.49	2,923.50	2,655.88	419.89	452.47

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.02
= 21,801.49

To analyze Tri Pointe Homes Inc.'s days of inventory on hand (DOH), we need the inventory turnover ratio to calculate it. Unfortunately, the necessary data for the calculation is not provided in the table. However, DOH is an important metric that indicates how many days, on average, a company holds its inventory before selling it.

A low DOH indicates a company is efficient in managing its inventory, as it quickly sells its products. Conversely, a high DOH suggests slow inventory turnover, which may lead to higher carrying costs and potential obsolescence.

Without specific data points, it is challenging to assess Tri Pointe Homes Inc.'s inventory management efficiency accurately for each year. In practice, a decreasing trend in DOH over consecutive years would generally indicate improvement in inventory turnover, while an increasing trend might imply potential issues or overstocking.

For a more precise evaluation and comparison over the years, further calculations using inventory turnover figures would be necessary.