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Landsea Homes (Landsea Homes) Total Inventories : $1,197 Mil (As of Mar. 2024)


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What is Landsea Homes Total Inventories?

Landsea Homes's total inventories for the quarter that ended in Mar. 2024 was $1,197 Mil. Landsea Homes's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $1,159 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Landsea Homes's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-4.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Landsea Homes's Days Inventory for the three months ended in Mar. 2024 was 422.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Landsea Homes's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

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. Landsea Homes's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.94.


Landsea Homes Total Inventories Historical Data

The historical data trend for Landsea Homes's Total Inventories 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.

Landsea Homes Total Inventories Chart

Landsea Homes Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
- 687.82 844.79 1,093.37 1,121.73

Landsea Homes Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,080.88 1,125.11 1,155.66 1,121.73 1,196.51

Landsea Homes Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Landsea Homes  (NAS:LSEA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Landsea Homes's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(121.492+0.75 * 0+0.5 * 1196.506-866.853
-0-29.225)/36.1297
=-4.88

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

Landsea Homes's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1159.116/250.58*365 / 4
=422.10

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

Landsea Homes's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=250.58 / 1159.116
=0.22

4. 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.

Landsea Homes's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1159.116 / 294.041
=3.94

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Landsea Homes Total Inventories Related Terms

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Landsea Homes (Landsea Homes) Business Description

Traded in Other Exchanges
Address
660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660
Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.
Executives
Elias Farhat director C/O LF CAPITAL ACQUISITION CORP, 600 MADISON AVE, NEW YORK NY 10022
Green Investment Alpha Ltd 10 percent owner 595 BURRARD STREET, STE 1000, VANCOUVER A1 V7X1S8
Landsea Holdings Corp 10 percent owner 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Michael Forsum officer: President and COO 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
John Ho director, officer: Chief Executive Officer 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Christopher T Porter officer: Chief Financial Officer CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Robert S Miller director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Thomas Hartfield director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Mollie Fadule director 14273 209TH AVENUE NE, WOODINVILLE WA 98077
Dilliana Stewart officer: Chief Accounting Officer C/O LANDSEA HOMES, 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Xuefeng Bao other: see explanatory note 1007-102 10 F/K WAH CENTRE, 191 JAVA ROAD, NORTH POINT K3 HONG KONG
Qin Zhou director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Scott A. Reed director, officer: Chief Financial Officer 901 E. CARY STREET, ONE JAMES CENTER, SUITE 1700, RICHMOND VA 23219
Susan E. Lattmann director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Trent Schreiner officer: SVP of Accounting and CAO 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660