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Horizon Construction Development (FRA:B7H) Days Inventory : 8.72 (As of Dec. 2024)


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What is Horizon Construction Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Horizon Construction Development's Average Total Inventories for the six months ended in Dec. 2024 was €28 Mil. Horizon Construction Development's Cost of Goods Sold for the six months ended in Dec. 2024 was €589 Mil. Hence, Horizon Construction Development's Days Inventory for the six months ended in Dec. 2024 was 8.72.

The historical rank and industry rank for Horizon Construction Development's Days Inventory or its related term are showing as below:

FRA:B7H' s Days Inventory Range Over the Past 10 Years
Min: 9.47   Med: 19.45   Max: 30.02
Current: 9.47

During the past 5 years, Horizon Construction Development's highest Days Inventory was 30.02. The lowest was 9.47. And the median was 19.45.

FRA:B7H's Days Inventory is ranked better than
69.53% of 676 companies
in the Business Services industry
Industry Median: 30.87 vs FRA:B7H: 9.47

Horizon Construction Development's Days Inventory declined from Dec. 2023 (10.46) to Dec. 2024 (8.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Horizon Construction Development's Inventory Turnover for the six months 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 six months ended in Dec. 2024 was 0.03.

Horizon Construction Development Days Inventory Historical Data

The historical data trend for Horizon Construction Development's Days 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.

* Premium members only.

Horizon Construction Development Days Inventory Chart

Horizon Construction Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
30.02 24.44 18.66 11.44 9.63

Horizon Construction Development Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial 13.33 12.45 10.46 9.90 8.72

Competitive Comparison of Horizon Construction Development's Days Inventory

For the Rental & Leasing Services subindustry, Horizon Construction Development's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Horizon Construction Development's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Horizon Construction Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Horizon Construction Development's Days Inventory falls into.


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Horizon Construction Development Days Inventory Calculation

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 fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (21.86 + 32.151) / 2 ) / 1023.964*365
=27.0055 / 1023.964*365
=9.63

Horizon Construction Development's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (24.184 + 32.151) / 2 ) / 589.39*365 / 2
=28.1675 / 589.39*365 / 2
=8.72

* 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) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Horizon Construction Development's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=589.39 / 28.1675
=20.92

2. 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 six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=28.1675 / 879.964
=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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Horizon Construction Development Days Inventory Related Terms

Thank you for viewing the detailed overview of Horizon Construction Development's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Horizon Construction Development Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon Construction Development Ltd (FRA:B7H) » Definitions » Days 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
09930:Hong Kong
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.

Horizon Construction Development Headlines

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