Mr. Cooper Group (Mr. Cooper Group) Days Inventory : 0.00 (As of Mar. 2024)

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What is Mr. Cooper Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mr. Cooper Group's Average Total Inventories for the three months ended in Mar. 2024 was $0 Mil. Mr. Cooper Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $329 Mil. Hence, Mr. Cooper Group's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Mr. Cooper Group's Days Inventory or its related term are showing as below:

COOP's Days Inventory is not ranked ^*
in the Banks industry.
Industry Median: 20.295
* Ranked among companies with meaningful Days Inventory only.

Mr. Cooper Group's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Mr. Cooper Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Mr. Cooper Group Days Inventory Historical Data

The historical data trend for Mr. Cooper Group's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mr. Cooper Group Days Inventory Chart

Mr. Cooper Group Annual Data

Trend

Dec14

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Dec23

Days Inventory

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Mr. Cooper Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Mr. Cooper Group's Days Inventory

For the Mortgage Finance subindustry, Mr. Cooper Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mr. Cooper Group's Days Inventory Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mr. Cooper Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mr. Cooper Group's Days Inventory falls into.

Mr. Cooper Group Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Mr. Cooper Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1171	*	365
=	0					/	1171	*	365
=	0.00

Mr. Cooper Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	329	*	365 / 4
=	0					/	329	*	365 / 4
=	0.00

Mr. Cooper Group (NAS:COOP) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mr. Cooper Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	329	/	0
	=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Mr. Cooper Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	722
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Mr. Cooper Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Mr. Cooper Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Mr. Cooper Group (Mr. Cooper Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mr. Cooper Group Inc (NAS:COOP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

07WA:Germany

Address

8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019

Website

https://www.mrcoopergroup.com

Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.

Executives

Jesse K Bray	director, officer: President and CEO	8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Shveta Mujumdar	director	8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Michael R Rawls	officer: EVP, Servicing	8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Carlos M Pelayo	officer: EVP & Chief Legal Officer	8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Jaime Gow	officer: EVP & Chief Financial Officer	8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Eldridge A. Burns	officer: EVP and Chief Legal Officer	8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Daniela Jorge	director	8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Kurt G Johnson	officer: EVP, Chief Risk & Compliance	8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Robert H Gidel	director	677 N WASHINGTON BLVD, SARASOTA FL 34236
Kkr Group Partnership L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Wand Investors Corp	10 percent owner	9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Tagar Olson	director	C/O KKR & CO. L.P., 9 W. 57TH ST., SUITE 4200, NEW YORK NY 10019
Anthony L Ebers	officer: EVP and COO	888 E. WALNUT STREET, PASADENA CA 91101
Simon Greene	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Christopher G Marshall	officer: Vice Chairman	8950 CYPRESS WATERS BLVD., COPPELL TX 75019