Horizon Global's change in inventory for the quarter that ended in Sep. 2022 was $6.1 Mil. It means Horizon Global's inventory
declined by $6.1 Mil
from Jun. 2022 to Sep. 2022 .
Horizon Global's change in inventory for the fiscal year that ended in Dec. 2021 was $-52.3 Mil. It means Horizon Global's inventory
increased by $52.3 Mil
from Dec. 2020 to Dec. 2021 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Horizon Global's Days Inventory for the quarter that ended in Sep. 2022 was 110.56.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Horizon Global's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.83.
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 Global's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 1.08.
Horizon Global Change In Inventory Historical Data
The historical data trend for Horizon Global'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.
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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.2 Mil.
* 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.
Horizon Global (NYSE:HZN) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Horizon Global's Days Inventory for the quarter that ended in is calculated as:
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 Global's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as
* 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.
Horizon Global Change In Inventory Related Terms
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Horizon Global (Horizon Global) Business Description
Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa.
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