Horizon Bancorp (IN) (Horizon Bancorp (IN)) Change In Inventory

: $0.0 Mil (TTM As of Dec. 2023)

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Horizon Bancorp (IN)'s change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Horizon Bancorp (IN)'s inventory stayed the same from Sep. 2023 to Dec. 2023 .

Horizon Bancorp (IN)'s change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Horizon Bancorp (IN)'s inventory stayed the same from Dec. 2022 to Dec. 2023 .

Horizon Bancorp (IN)'s Total Inventories for the quarter that ended in Dec. 2023 was $0.0 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 Bancorp (IN)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Horizon Bancorp (IN) Change In Inventory Historical Data

The historical data trend for Horizon Bancorp (IN)'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 Bancorp (IN) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Horizon Bancorp (IN) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-	-	-	-	-

Horizon Bancorp (IN) 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Horizon Bancorp (IN) (NAS:HBNC) Change In Inventory Explanation

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

Horizon Bancorp (IN)'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 Bancorp (IN)'s Inventory Turnover for the quarter that ended in Dec. 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 Bancorp (IN)'s Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	20.463
	=	0.00

Horizon Bancorp (IN) Change In Inventory Related Terms

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Horizon Bancorp (IN) (Horizon Bancorp (IN)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Horizon Bancorp (IN) (NAS:HBNC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 Franklin Street, Michigan City, IN, USA, 46360

Website

https://www.horizonbank.com

Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. In addition, the company provides advances, loans, term loans, overdrafts for various business purposes such as business expansion, purchasing machinery and equipment, business mortgaged and others. The company has one principal business segment, commercial banking. Revenue generated by the company mainly consists of dividends received.

Executives

Susan D Aaron	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Todd A. Etzler	officer: Executive Vice President & GC	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Vanessa Peterson Williams	director	999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Craig M Dwight	officer: Chief Executive Officer	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Thomas M Prame	officer: President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Noe S Najera	officer: EVP, Sr. Retail & Mort Lending	515 FRANKLIN ST, MICHIGAN CITY IN 46360
Julie Scheck Freigang	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Michele M. Magnuson	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
James D Neff	officer: President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Kathie A Deruiter	officer: Executive Vice President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Lynn Kerber	officer: EVP & SCCO	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Dennis Kuhn	officer: Executive Vice President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Steven William Reed	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Peter L Pairitz	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Eric P. Blackhurst	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360