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Mi Homes Inc   (MHO)
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    Sector  Capital Goods    Industry Construction Services
 

Mi Homes Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Mi Homes Inc 's inventory turnover ratio, the ratio that measures Mi Homes Inc 's ability to manage its supply chain, sequentially decreased to 1.1 in the first quarter 2024, which does not come as a surprise, as the Mi Homes Inc continue to experience headwinds, which also impact its supply chain. Mi Homes Inc 's average inventory processing period in the Mar 31 2024 quarter, has increased to 332 days, from 329 days, in the Dec 31 2023 quarter.

Within Capital Goods sector 172 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2024, to 172, from total ranking in the forth quarter 2023 at 955.

MHO Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Mi Homes Inc Market Share?

What is Inventory Turnover Ratio?


MHO Inventory Turnover Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Inventory Growth 4.39 % -1.11 % -9.16 % -4.59 % 2.9 %
Y / Y Cost of Sales Growth -0.33 % -21.2 % 3.19 % -0.07 % 18.25 %
Inventory Turnover Ratio (TTM) 1.1 1.11 1.18 1.14 1.13
MHO's Total Ranking # 172 # 955 # 263 # 288 # 900
Average inventory processing period 333 329 310 320 324
Seq. Inventory Growth -0.82 % 2.07 % 1.99 % 1.11 % -6.05 %
Seq. Cost of Sales Growth 4.83 % -4.77 % 1.17 % -1.32 % -17.12 %



Inventory Turnover Ratio Company Ranking
Within: No.
Construction Services Industry # 25
Capital Goods Sector # 173
Overall Market # 172

Inventory Turnover Ratio Statistics
High Average Low
1.88 1.3 1.09
(Sep 30 2019)   (Sep 30 2022)




Financial Statements
Mi Homes Inc 's Inventories $ 2,774 Millions Visit MHO's Balance sheet
Mi Homes Inc 's Cost of Revenues TTM $ 3,012 Millions Visit MHO's Income Statement
What are MHO's Sales? Visit MHO's Sales by Segment

Other Inventory Turnover Ratios
Mi Homes Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Construction Services Industry Inventory Turnover Trends and Statistics
Capital Goods Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
MHO's Inventory Turnover Ratio versus Construction Services Industry, Capital Goods Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MHO's Competitors
Inventory Turnover Ratio for MHO's Suppliers
Inventory Turnover Ratio for MHO's Customers

You may also want to know
MHO's Sales Growth Rates MHO's Pe Price to earnings ratio MHO's Receivables Turnover Ratio MHO's Stock Quote
MHO's Net Income Growth Rates MHO's Ps Price to Sales ratio MHO's Sales per Employee MHO's Asset Turnover Ratio
MHO's Net Margin MHO's Pb Price to Book ratio MHO's Financial Strength Ratios MHO's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2024, within Capital Goods Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2024 Inventories at quarter ending Mar 31 2024
Littelfuse Inc  2.98 $ 1,445.000  Millions$ 485  Millions
Zurn Elkay Water Solutions Corporation  2.97 $ 861.700  Millions$ 291  Millions
Enersys  2.96 $ 2,248.000  Millions$ 760  Millions
Liqtech International Inc  2.91 $ 14.380  Millions$ 5  Millions
Zebra Technologies Corporation  2.90 $ 2,335.000  Millions$ 805  Millions
Douglas Dynamics Inc  2.86 $ 437.730  Millions$ 153  Millions
Ducommun Incorporated  2.86 $ 592.000  Millions$ 207  Millions
Vista Outdoor Inc   2.83 $ 1,887.000  Millions$ 666  Millions
Agco Corp  2.79 $ 10,314.400  Millions$ 3,695  Millions
Astronics Corporation  2.77 $ 562.000  Millions$ 203  Millions
Starrett L S Co  2.75 $ 172.085  Millions$ 63  Millions
Legacy Housing Corporation  2.67 $ 91.198  Millions$ 34  Millions
Cnh Industrial N v   2.67 $ 16,422.000  Millions$ 6,148  Millions
Nordson Corporation  2.67 $ 1,193.108  Millions$ 447  Millions
Energizer Holdings Inc   2.64 $ 1,796.400  Millions$ 680  Millions
Ultralife Corporation  2.59 $ 119.130  Millions$ 46  Millions
Aerovironment inc   2.58 $ 432.000  Millions$ 167  Millions
Axon Enterprise inc   2.55 $ 669.059  Millions$ 263  Millions
Kennametal Inc   2.53 $ 1,422.401  Millions$ 562  Millions
General Dynamics Corporation  2.48 $ 21,139.000  Millions$ 8,523  Millions
The Middleby Corporation  2.47 $ 2,454.000  Millions$ 994  Millions
Caterpillar Inc  2.46 $ 42,326.000  Millions$ 17,211  Millions
Moog Inc   2.46 $ 1,795.720  Millions$ 731  Millions
Snap on Inc  2.34 $ 2,373.300  Millions$ 1,014  Millions
Textron Inc   2.34 $ 9,663.000  Millions$ 4,129  Millions
Stanley Black and Decker Inc   2.34 $ 11,513.200  Millions$ 4,923  Millions
Sono Tek Corp  2.29 $ 9.855  Millions$ 4  Millions
Bloom Energy Corp  2.25 $ 1,111.974  Millions$ 493  Millions
Flux Power Holdings Inc   2.25 $ 44.058  Millions$ 20  Millions
Servotronics inc   2.23 $ 33.113  Millions$ 15  Millions

Date modified: 2024-04-26T21:04:08+00:00



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