Horizon Petroleum (FRA:HPM1) Change In Inventory : €0.00 Mil (TTM As of Nov. 2023)

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What is Horizon Petroleum Change In Inventory?

Horizon Petroleum's change in inventory for the quarter that ended in Nov. 2023 was €0.00 Mil. It means Horizon Petroleum's inventory stayed the same from Aug. 2023 to Nov. 2023 .

Horizon Petroleum's change in inventory for the fiscal year that ended in Aug. 2023 was €0.00 Mil. It means Horizon Petroleum's inventory stayed the same from Aug. 2022 to Aug. 2023 .

Horizon Petroleum's Total Inventories for the quarter that ended in Nov. 2023 was €0.00 Mil.

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

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.

Horizon Petroleum Change In Inventory Historical Data

The historical data trend for Horizon Petroleum's Change In 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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Horizon Petroleum Change In Inventory Chart

Horizon Petroleum Annual Data

Trend

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Change In Inventory

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Horizon Petroleum Quarterly Data
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Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Horizon Petroleum Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

Horizon Petroleum (FRA:HPM1) Change In Inventory Explanation

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

Horizon Petroleum's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

Horizon Petroleum's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

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

3. 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.

Horizon Petroleum's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=	N/A

Horizon Petroleum Change In Inventory Related Terms

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Horizon Petroleum (FRA:HPM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Horizon Petroleum Ltd (FRA:HPM1) » Definitions » Change In Inventory

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Traded in Other Exchanges

HPL.H:Canada

Address

540 - 5th Avenue SW, No. 920, Calgary, AB, CAN, T2P0M2

Website

http://horizon-petroleum.com

Horizon Petroleum Ltd is involved in the exploration, acquisition, and development of oil and gas properties. The current operating project of the company are Cieszyn and Bielsko-Biala properties in Poland.

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