TRI Pointe Homes Inc (TPH)

Inventory turnover

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	140,243	241,853	334,680	403,740	396,256	420,133	418,753	419,254	419,815	1,083,934	1,632,595	2,138,043	2,529,729	2,613,062	2,544,499	2,522,940	2,472,853	2,481,138	2,512,284	2,537,522
Inventory	US$ in thousands	3,337,480	3,412,800	3,193,330	3,142,410	3,173,850	3,608,300	3,490,320	3,288,350	3,054,740	3,136,480	3,085,580	3,015,980	2,910,140	2,989,380	3,012,620	3,194,150	3,065,440	3,345,390	3,253,600	3,242,680
Inventory turnover		0.04	0.07	0.10	0.13	0.12	0.12	0.12	0.13	0.14	0.35	0.53	0.71	0.87	0.87	0.84	0.79	0.81	0.74	0.77	0.78

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $140,243K ÷ $3,337,480K
= 0.04

As the table does not provide specific data on inventory turnover for Tri Pointe Homes Inc. across the mentioned quarters, a detailed analysis of the company's inventory turnover trend and performance over time cannot be conducted. For a comprehensive understanding of Tri Pointe Homes Inc.'s inventory turnover, it is recommended to gather the specific inventory figures for each quarter and calculate the turnover ratio to assess the efficiency of managing inventory levels and generating sales. This analysis would offer valuable insights into the company's inventory management practices and operational efficiency.