HOVR (New Horizon Aircraft) Change In Inventory: $0.00 Mil (TTM As of May. 2026)

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HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.82
! 1 Warning Sign
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What is New Horizon Aircraft Change In Inventory?

New Horizon Aircraft HOVR +2.54% 14 Change In Inventory is $0.00 Mil as of May. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

New Horizon Aircraft's change in inventory for the quarter that ended in May. 2026 was $0.00 Mil. It means New Horizon Aircraft's inventory stayed the same from Feb. 2026 to May. 2026 .

New Horizon Aircraft's change in inventory for the fiscal year that ended in May. 2026 was $0.00 Mil. It means New Horizon Aircraft's inventory stayed the same from May. 2025 to May. 2026 .

New Horizon Aircraft's Total Inventories for the quarter that ended in May. 2026 was $0.00 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.

New Horizon Aircraft  (NAS:HOVR) Change In Inventory Explanation

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

New Horizon Aircraft'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.

New Horizon Aircraft's Inventory Turnover for the quarter that ended in May. 2026 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.

New Horizon Aircraft's Inventory to Revenue for the quarter that ended in May. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0
=N/A

* 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 Change In Inventory Related Terms

New Horizon Aircraft Change In Inventory Historical Data

* Premium members only.

The historical data trend for New Horizon Aircraft'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.

New Horizon Aircraft Change In Inventory Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25 May26
Change In Inventory
0.00 0.00 0.00 0.00 0.00

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
HOVR
14GF Score
New Horizon Aircraft Ltd HOVR
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.00 Mil mean?
New Horizon Aircraft (HOVR) has a Change In Inventory of $0.00 Mil as of May. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Change In Inventory too high?
New Horizon Aircraft's current Change In Inventory is $0.00 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 Change In Inventory compare to CODA and HWKE?
New Horizon Aircraft's Change In Inventory of $0.00 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 Change In Inventory for an Aerospace & Defense company?
A good Change In Inventory depends on the Aerospace & Defense industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for New Horizon Aircraft and its competitors. New Horizon Aircraft's current Change In Inventory is $0.00 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 Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. New Horizon Aircraft's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Change In Inventory is $0.00 Mil as of May. 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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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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