HOVR (New Horizon Aircraft) Accounts Payable: $0.81 Mil (As of Feb. 2026)

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HOVR New Horizon Aircraft Ltd HOVR
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What is New Horizon Aircraft Accounts Payable?

New Horizon Aircraft HOVR +0.29% 14 Accounts Payable is $0.81 Mil as of Feb. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

New Horizon Aircraft's Accounts Payable for the quarter that ended in Feb. 2026 was $0.81 Mil.

New Horizon Aircraft's quarterly Accounts Payable increased from Aug. 2025 ($0.28 Mil) to Nov. 2025 ($0.65 Mil) and increased from Nov. 2025 ($0.65 Mil) to Feb. 2026 ($0.81 Mil).

New Horizon Aircraft's annual Accounts Payable increased from May. 2023 ($0.14 Mil) to May. 2024 ($0.52 Mil) but then declined from May. 2024 ($0.52 Mil) to May. 2025 ($0.49 Mil).

New Horizon Aircraft Accounts Payable Related Terms

New Horizon Aircraft Accounts Payable Historical Data

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The historical data trend for New Horizon Aircraft's Accounts Payable 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.

New Horizon Aircraft Accounts Payable Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Accounts Payable
0.12 0.14 0.52 0.49

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.49 0.28 0.65 0.81
HOVR
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New Horizon Aircraft Ltd HOVR
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $0.81 Mil mean?
New Horizon Aircraft (HOVR) has a Accounts Payable of $0.81 Mil as of Feb. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Accounts Payable too high?
New Horizon Aircraft's current Accounts Payable is $0.81 Mil. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's Accounts Payable compare to VWAV and CODA?
New Horizon Aircraft's Accounts Payable of $0.81 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Aerospace & Defense company?
A good Accounts Payable depends on the Aerospace & Defense industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on New Horizon Aircraft and its competitors. New Horizon Aircraft's current Accounts Payable is $0.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current Accounts Payable of $0.81 Mil. The current Accounts Payable is $0.81 Mil. New Horizon Aircraft's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Accounts Payable is $0.81 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Horizon Aircraft Business Description

Address 3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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