Horizon Oil (FRA:HOJ) Days Inventory: 16.87 (As of Dec. 2025) — 34% Below Median


FRA:HOJ Horizon Oil Ltd FRA:HOJ
39 GF Score
Price €0.12
GF Value €0.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Horizon Oil Days Inventory?

Horizon Oil FRA:HOJ +9.09% 39 Days Inventory is 16.87 as of Dec. 2025, which is 34% below its 10-year median of 25.51. GuruFocus rates FRA:HOJ with a GF Score™ of 39/100 and a GF Value™ of €0.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 685 Oil & Gas companies, Horizon Oil ranks better than 61.31% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Horizon Oil's Average Total Inventories for the six months ended in Dec. 2025 was €2.95 Mil. Horizon Oil's Cost of Goods Sold for the six months ended in Dec. 2025 was €31.96 Mil. Hence, Horizon Oil's Days Inventory for the six months ended in Dec. 2025 was 16.87.

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

FRA:HOJ' s Days Inventory Range Over the Past 10 Years
Min: 15.18   Med: 25.51   Max: 40.29
Current: 21.24

During the past 13 years, Horizon Oil's highest Days Inventory was 40.29. The lowest was 15.18. And the median was 25.51.

FRA:HOJ's Days Inventory is ranked better than
61.31% of 685 companies
in the Oil & Gas industry
Industry Median: 31.01 vs FRA:HOJ: 21.24

Horizon Oil's Days Inventory declined from Dec. 2024 (36.14) to Dec. 2025 (16.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Horizon Oil's Inventory Turnover for the six months ended in Dec. 2025 was 10.82.

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 Oil's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.08.


Horizon Oil  (FRA:HOJ) 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 Oil's Inventory Turnover for the six months ended in Dec. 2025 is calculated as

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 Oil's Inventory to Revenue for the six months ended in Dec. 2025 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.


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 Oil Days Inventory Related Terms


Horizon Oil Days Inventory Historical Data

* Premium members only.

The historical data trend for Horizon Oil'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.

Horizon Oil Days Inventory Chart

Horizon Oil Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.44 20.44 16.28 40.33 33.16

Horizon Oil Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.07 60.33 36.14 25.02 16.87

FRA:HOJ vs COP, EOG, FANG: Days Inventory Comparison

For the Oil & Gas E&P subindustry, Horizon Oil'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 Oil Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Horizon Oil's Days Inventory distribution charts can be found below:

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


FRA:HOJ
39GF Score
Horizon Oil Ltd FRA:HOJ
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horizon Oil Days Inventory Calculation

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

Horizon Oil's Days Inventory for the fiscal year that ended in Jun. 2025 is calculated as

Days Inventory (A: Jun. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (8.854 + 3.237) / 2 ) / 66.545*365
=6.0455 / 66.545*365
=33.16

Horizon Oil's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (3.237 + 2.67) / 2 ) / 31.959*365 / 2
=2.9535 / 31.959*365 / 2
=16.87

* 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 Days Inventory →
What does a Days Inventory of 16.87 mean?
Horizon Oil (FRA:HOJ) has a Days Inventory of 16.87 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Horizon Oil and its competitors. This is 34% below median its historical median of 25.51. Over the past decade, Horizon Oil's Days Inventory has ranged from 15.18 to 40.29. According to the industry distribution chart, Horizon Oil ranks #265 out of 685 companies in the Oil & Gas industry, placing it in the top 38.7%.
Is Horizon Oil's Days Inventory too high?
Horizon Oil's current Days Inventory of 16.87 is 34% below median its 10-year median of 25.51. Over the past 10 years, this metric has ranged from a low of 15.18 to a high of 40.29. The Oil & Gas industry median Days Inventory is 31.01. Horizon Oil's value of 16.87 is 45.6% below this industry median. Based on the distribution chart, Horizon Oil ranks #265 out of 685 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Horizon Oil has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Oil's Days Inventory compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Horizon Oil ranks #265 out of 685 companies for Days Inventory. This puts Horizon Oil in the upper half of its industry. The industry median Days Inventory is 31.01. Horizon Oil's value of 16.87 is 45.6% below this benchmark. Historically, Horizon Oil's own Days Inventory has ranged from 15.18 to 40.29 over the past decade. While the company's 10-year median is 25.51 vs. the industry median of 31.01, Horizon Oil has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Horizon Oil's current Days Inventory of 16.87 is 45.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Horizon Oil and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Oil's current Days Inventory is 16.87, which is 34% below median its own 10-year median of 25.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Oil stock overvalued right now?
Based on GuruFocus' analysis, Horizon Oil (FRA:HOJ) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.09, compared to a current price of €0.12 — trading 33.3% above its estimated fair value. The current Days Inventory is 16.87, which is 34% below median its 10-year median of 25.51 and 45.6% below the Oil & Gas industry median of 31.01. Horizon Oil's overall GF Score™ is 39/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Horizon Oil (FRA:HOJ), the current Days Inventory is 16.87 as of Dec. 2025. 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.

Is Horizon Oil (FRA:HOJ) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Oil stock appears to be overvalued. The current stock price of €0.12 is trading 33.3% above its estimated GF Value™ of €0.09. GuruFocus considers Horizon Oil to be Significantly Overvalued.

Key valuation signals for FRA:HOJ:

  • Days Inventory: 16.87 (34% below median its 10-year median of 25.51)
  • GF Value™: €0.09 vs. price of €0.12 (33.3% above fair value)
  • GF Score™: 39/100 with 6 warning signs
  • Industry Position: 45.6% below the Oil & Gas median (#265 of 685)

No single metric tells the full story. See the FRA:HOJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horizon Oil Business Description

Industry EnergyOil & Gas
Other Exchanges HZNFF:USAHZN:Australia
Address 360 Kent Street, Level 4, Sydney, NSW, AUS, 2000
Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company operates in three segments: China development, New Zealand development, and Australia development. It generates maximum revenue from the China development segment, which is involved in developing and producing crude oil from the Block 22/12-WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12. The New Zealand development segment is currently involved in developing and producing crude oil from the Maari/Manaia oil field development, and the Australia development segment is engaged in developing and producing oil and gas from the Mereenie OL4 and OL5 oil and gas fields.
39GF Score

Get the complete analysis for FRA:HOJ

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.12
Price
€0.09
GF Value