TRI Pointe Homes Inc (TPH)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 55,876 | 396,256 | 419,815 | 2,529,730 | 2,472,850 |
| Inventory | US$ in thousands | 3,337,480 | 3,173,850 | 3,054,740 | 2,910,140 | 3,065,440 |
| Inventory turnover | 0.02 | 0.12 | 0.14 | 0.87 | 0.81 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $55,876K ÷ $3,337,480K
= 0.02
To calculate Tri Pointe Homes Inc.'s inventory turnover for each year, we can use the formula:
Inventory Turnover = Cost of Goods Sold / Average Inventory
Given that the data provided does not include the Cost of Goods Sold, we are unable to calculate the inventory turnover for the years specified. To conduct a thorough analysis of Tri Pointe Homes Inc.'s inventory turnover, we would require additional financial information such as the Cost of Goods Sold for each year. Without this information, it is not possible to provide a detailed and comprehensive analysis of the company's inventory turnover trends over the specified years.
Peer comparison
Dec 31, 2023