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Horizon Construction Development (HKSE:09930) Change In Inventory : HK$-80 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 HK$-60 Mil. It means Horizon Construction Development's inventory increased by HK$60 Mil from Jun. 2024 to Dec. 2024 .

Horizon Construction Development's change in inventory for the fiscal year that ended in Dec. 2024 was HK$-80 Mil. It means Horizon Construction Development's inventory increased by HK$80 Mil from Dec. 2023 to Dec. 2024 .

Horizon Construction Development's Total Inventories for the quarter that ended in Dec. 2024 was HK$262 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 8.84.

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 20.63.

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
-26.40 -153.80 96.13 17.51 -79.97

Horizon Construction Development Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Inventory Get a 7-Day Free Trial 95.19 4.37 13.14 -20.07 -60.06

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 HK$-80 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  (HKSE:09930) 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
=232.5055/4797.446*365 / 2
=8.84

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4797.446 / 232.5055
=20.63

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=232.5055 / 7162.629
=0.03

* 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

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon Construction Development Ltd (HKSE:09930) » Definitions » Change In Inventory
Comparable Companies
HKSE:01341 HKSE:01848 HKSE:09680 HKSE:02559 HKSE:00254 HKSE:00474 HKSE:00936 HKSE:01496 HKSE:01581 HKSE:08425 URI LSE:AHT AER FTAI UHAL TSX:EFN XPAR:AYV BSP:RENT3 R GATX
Traded in Other Exchanges
B7H:Germany
Address
200 Xichang Road, No. 5, 6-610, Building 2, Minghai Center, Tianjin Pilot Free Trade Zone, Dongjiang Bonded Port Area, Tianjin, CHN
Website
http://www.hongxinjianfa.com
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.
Executives
He Zi Ming 2101 Beneficial owner
Far East Horizon Limited 2101 Beneficial owner
Farsighted Wit Limited
Tian Jin Hong Sheng Zu Lin You Xian Gong Si
Tian Jin Hong Jian Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo
Tian Jin Lan Jin Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo
Yuan Dong Guo Ji Rong Zi Zu Lin You Xian Gong Si
Yuan Dong Hong Xin Tian Jin Rong Zi Zu Lin You Xian Gong Si

Horizon Construction Development Headlines

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