Horizon Construction Development (HKSE:09930) Days Inventory: 25.22 (As of Jun. 2026) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:09930 Horizon Construction Development Ltd HKSE:09930
82 GF Score
Price HK$0.70
GF Value HK$1.20
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Horizon Construction Development Days Inventory?

Horizon Construction Development HKSE:09930 -4.76% 82 Days Inventory is 25.22 as of Jun. 2026, which is 38% above its 10-year median of 18.24. GuruFocus rates HKSE:09930 with a GF Score™ of 82/100 and a GF Value™ of HK$1.20 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 671 Business Services companies, Horizon Construction Development ranks better than 54.84% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Horizon Construction Development's Average Total Inventories for the six months ended in Jun. 2026 was HK$464 Mil. Horizon Construction Development's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$3,359 Mil. Hence, Horizon Construction Development's Days Inventory for the six months ended in Jun. 2026 was 25.22.

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

HKSE:09930' s Days Inventory Range Over the Past 10 Years
Min: 9.81   Med: 18.24   Max: 30.02
Current: 20.2

During the past 6 years, Horizon Construction Development's highest Days Inventory was 30.02. The lowest was 9.81. And the median was 18.24.

HKSE:09930's Days Inventory is ranked better than
54.84% of 671 companies
in the Business Services industry
Industry Median: 25.69 vs HKSE:09930: 20.20

Horizon Construction Development's Days Inventory increased from Jun. 2025 (12.97) to Jun. 2026 (25.22). It might indicate that Horizon Construction Development's sales slowed down.

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 Jun. 2026 was 7.24.

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 Jun. 2026 was 0.10.


Horizon Construction Development  (HKSE:09930) 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 Jun. 2026 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 Construction Development's Inventory to Revenue for the six months ended in Jun. 2026 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 Construction Development Days Inventory Related Terms


Horizon Construction Development Days Inventory Historical Data

* Premium members only.

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.

Horizon Construction Development Days Inventory Chart

Horizon Construction Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 25.02 19.45 11.24 9.81 17.02

Horizon Construction Development Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 9.96 8.84 12.97 16.99 25.22

HKSE:09930 vs URI, SUNB, AER: Days Inventory Comparison

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 Days Inventory vs 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.


HKSE:09930
82GF Score
Horizon Construction Development Ltd HKSE:09930
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (261.698 + 448.442) / 2 ) / 7614.601*365
=355.07 / 7614.601*365
=17.02

Horizon Construction Development's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (448.442 + 479.875) / 2 ) / 3358.649*365 / 2
=464.1585 / 3358.649*365 / 2
=25.22

* 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 25.22 mean?
Horizon Construction Development (HKSE:09930) has a Days Inventory of 25.22 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Horizon Construction Development and its competitors. This is 38% above median its historical median of 18.24. Over the past decade, Horizon Construction Development's Days Inventory has ranged from 9.81 to 30.02. According to the industry distribution chart, Horizon Construction Development ranks #303 out of 671 companies in the Business Services industry, placing it in the top 45.2%.
Is Horizon Construction Development's Days Inventory too high?
Horizon Construction Development's current Days Inventory of 25.22 is 38% above median its 10-year median of 18.24. Over the past 10 years, this metric has ranged from a low of 9.81 to a high of 30.02. The Business Services industry median Days Inventory is 25.69. Horizon Construction Development's value of 25.22 is 1.8% below this industry median. Based on the distribution chart, Horizon Construction Development ranks #303 out of 671 companies in the Business Services industry, which is above the industry midpoint. Overall, Horizon Construction Development has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Horizon Construction Development's Days Inventory compare to URI and SUNB?
According to the Business Services industry distribution chart, Horizon Construction Development ranks #303 out of 671 companies for Days Inventory. This puts Horizon Construction Development in the upper half of its industry. The industry median Days Inventory is 25.69. Horizon Construction Development's value of 25.22 is 1.8% below this benchmark. Historically, Horizon Construction Development's own Days Inventory has ranged from 9.81 to 30.02 over the past decade. While the company's 10-year median is 18.24 vs. the industry median of 25.69, Horizon Construction Development 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 a Business Services company?
The median Days Inventory among Business Services companies is 25.69, based on 671 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 Construction Development's current Days Inventory of 25.22 is 1.8% 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 Construction Development and its competitors. For the Business Services industry, the median Days Inventory is 25.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Construction Development's current Days Inventory is 25.22, which is 38% above median its own 10-year median of 18.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Construction Development stock overvalued right now?
Based on GuruFocus' analysis, Horizon Construction Development (HKSE:09930) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.20, compared to a current price of HK$0.70 — trading 41.7% below its estimated fair value. The current Days Inventory is 25.22, which is 38% above median its 10-year median of 18.24 and 1.8% below the Business Services industry median of 25.69. Horizon Construction Development's overall GF Score™ is 82/100 with 9 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 Construction Development (HKSE:09930), the current Days Inventory is 25.22 as of Jun. 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.

Is Horizon Construction Development (HKSE:09930) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Construction Development stock appears to be undervalued. The current stock price of HK$0.70 is trading 41.7% below its estimated GF Value™ of HK$1.20. GuruFocus considers Horizon Construction Development to be Possible Value Trap.

Key valuation signals for HKSE:09930:

  • Days Inventory: 25.22 (38% above median its 10-year median of 18.24)
  • GF Value™: HK$1.20 vs. price of HK$0.70 (41.7% below fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 1.8% below the Business Services median (#303 of 671)

No single metric tells the full story. See the HKSE:09930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horizon Construction Development Business Description

Address 200 Xichang Road, No. 5, 6-610, Building 2, Minghai Center, 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 that includes aerial work platform, neo-excavation support system, neo-formwork system and other equipment.
82GF Score

Get the complete analysis for HKSE:09930

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

HK$0.70
Price
HK$1.20
GF Value