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Horizon Construction Development (FRA:B7H) Change In Inventory : €-10 Mil (TTM As of Dec. 2024)


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What is Horizon Construction Development Change In Inventory?

Horizon Construction Development's change in inventory for the quarter that ended in Dec. 2024 was €-7 Mil. It means Horizon Construction Development's inventory increased by €7 Mil from Jun. 2024 to Dec. 2024 .

Horizon Construction Development's change in inventory for the fiscal year that ended in Dec. 2024 was €-10 Mil. It means Horizon Construction Development's inventory increased by €10 Mil from Dec. 2023 to Dec. 2024 .

Horizon Construction Development's Total Inventories for the quarter that ended in Dec. 2024 was €32 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Horizon Construction Development's Days Inventory for the quarter that ended in Dec. 2024 was 8.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Horizon Construction Development's Inventory Turnover for the quarter that ended in Dec. 2024 was 20.92.

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 Construction Development's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.


Horizon Construction Development Change In Inventory Historical Data

The historical data trend for Horizon Construction Development'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 Construction Development Change In Inventory Chart

Horizon Construction Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
-2.80 -17.45 11.66 2.06 -9.83

Horizon Construction Development Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Inventory Get a 7-Day Free Trial 11.54 0.52 1.54 -2.39 -7.38

Horizon Construction Development 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-10 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 Construction Development  (FRA:B7H) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=28.1675/589.39*365 / 2
=8.72

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

Horizon Construction Development's Inventory Turnover for the quarter that ended in Dec. 2024 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 Construction Development's Inventory to Revenue for the quarter that ended in Dec. 2024 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 Construction Development Change In Inventory Related Terms

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Horizon Construction Development Business Description

Traded in Other Exchanges
Address
200 Xichang Road, No. 5, 6-610, Building 2, Minghai Center, Tianjin Pilot Free Trade Zone, Dongjiang Bonded Port Area, Tianjin, CHN
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment which is engaged in leasing equipment and materials to customers and generating revenue mainly from rental fees payable by customers.

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