GRBK (Green Brick Partners) Days Inventory : 480.76 (As of Sep. 2024)

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What is Green Brick Partners Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Green Brick Partners's Average Total Inventories for the three months ended in Sep. 2024 was $1,855 Mil. Green Brick Partners's Cost of Goods Sold for the three months ended in Sep. 2024 was $352 Mil. Hence, Green Brick Partners's Days Inventory for the three months ended in Sep. 2024 was 480.76.

The historical rank and industry rank for Green Brick Partners's Days Inventory or its related term are showing as below:

GRBK' s Days Inventory Range Over the Past 10 Years
Min: 359.17 Med: 445.83 Max: 534.52
Current: 455.1

During the past 13 years, Green Brick Partners's highest Days Inventory was 534.52. The lowest was 359.17. And the median was 445.83.

GRBK's Days Inventory is ranked worse than
66.29% of 89 companies
in the Homebuilding & Construction industry
Industry Median: 310.21 vs GRBK: 455.10

Green Brick Partners's Days Inventory increased from Sep. 2023 (467.17) to Sep. 2024 (480.76). It might indicate that Green Brick Partners's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Green Brick Partners's Inventory Turnover for the three months ended in Sep. 2024 was 0.19.

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. Green Brick Partners's Inventory-to-Revenue for the three months ended in Sep. 2024 was 3.54.

Green Brick Partners Days Inventory Historical Data

The historical data trend for Green Brick Partners'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.

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Green Brick Partners Days Inventory Chart

Green Brick Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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416.99

393.40

359.17

388.19

438.75

Green Brick Partners Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															467.17	442.65	486.44	424.01	480.76

Competitive Comparison of Green Brick Partners's Days Inventory

For the Residential Construction subindustry, Green Brick Partners'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.

Green Brick Partners's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Days Inventory distribution charts can be found below:

* The bar in red indicates where Green Brick Partners's Days Inventory falls into.

Green Brick Partners Days Inventory Calculation

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

Green Brick Partners'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
=	( (1422.68	+	1533.223)	/	2 )	/	1229.528	*	365
=	1477.9515					/	1229.528	*	365
=	438.75

Green Brick Partners's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1792.056	+	1918.046)	/	2 )	/	352.097	*	365 / 4
=	1855.051					/	352.097	*	365 / 4
=	480.76

Green Brick Partners (NYSE:GRBK) 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.

Green Brick Partners's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	352.097	/	1855.051
	=	0.19

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.

Green Brick Partners's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1855.051	/	523.66
	=	3.54

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.

Green Brick Partners Days Inventory Related Terms

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

Green Brick Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Green Brick Partners Inc (NYSE:GRBK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

2G1:Germany 2G1:Germany

Address

5501 Headquarters Drive, Suite 300 W, Plano, TX, USA, 75024

Website

https://www.greenbrickpartners.com

Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of the company's revenue is generated from the builder operations central segment which is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.

Executives

James R. Brickman	director, officer: Chief Executive Officer	3131 HARVARD AVENUE, SUTE 103, DALLAS TX 75205
Kathleen Olsen	director	4 BROOKSIDE DRIVE, PORT WASHINGTON NY 11050
Richard Arthur Costello	officer: Chief Financial Officer	2805 DALLAS PARKWAY, SUITE 400, PLANO TX 75093
David Einhorn	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Richard S Press	director	101 BOGLE STREET, WESTON MA 02493
Jed Dolson	officer: See Remarks	3131 HARVARD AVENUE, SUTE 103, DALLAS TX 75205
Dme Capital Management, Lp	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c.	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Greenlight Capital Inc	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Elizabeth Blake	director	BIOFUEL ENERGY CORP., 1600 BROADWAY SUITE 2200, DENVER CO 80202
Harry Brandler	director	2 GRAND CENTRAL TOWER, 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Neal J Suit	officer: General Counsel & EVP	C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Lila A Murphy	director	2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
John R Farris	director	P.O. BOX 309, FRANKFORT KY 40602-0309