Working Capital in 21 Industry Sectors
|
|
|
| Home Construction |
| Company |
Q1-'03
vs.
Q4-'02 |
Q4-'02
vs.
Q3-'02 |
Q1-'02
vs.
Q4-'01 |
Q4-'01
vs.
Q3-'01 |
Q1-'01
vs.
Q4-'00 |
Q4-'00
vs.
Q3-'00 |
| Beazer Homes USA |
35% |
-18% |
37% |
-21% |
51% |
-27% |
| Champion Enterprises |
137 |
-15 |
23 |
6 |
18 |
8 |
| Clayton Homes |
-21 |
-6 |
-14 |
-3 |
11 |
-4 |
| D.R. Horton |
31 |
-18 |
44 |
-26 |
34 |
-6 |
| Hovanian Enterprises |
56 |
-23 |
14 |
8 |
44 |
-19 |
| KB Home |
47 |
-21 |
73 |
-24 |
72 |
-35 |
| Lennar |
100 |
-41 |
89 |
-34 |
85 |
-40 |
| MDC Holdings |
37 |
-24 |
57 |
-30 |
38 |
-16 |
| NVR |
13 |
2 |
4 |
-7 |
36 |
23 |
| Ryland Group |
60 |
-29 |
84 |
-23 |
64 |
-33 |
| Whole Foods Market |
-20 |
35 |
-43 |
-14 |
-35 |
17 |
| Winn Dixie Stores |
-10 |
11 |
10 |
-8 |
14 |
-19 |
| Total |
2% |
4% |
-6% |
-6% |
4% |
-11% |
| Average Total* |
5.2% |
-4.8% |
6.6% |
-4.8% |
7.9% |
-6.7% |
| Total Excluding Retail/Household/Toys |
2.7% |
-2.4% |
5.2% |
-2.8% |
5.4% |
-4.1% |
*Industry total net working capital is an average
that includes companies not shown here.
Net working capital = accounts receivable + inventory - accounts payable.
Net working capital changes are adjusted for sales.
Source: REL Consultancy Group |
