HOVR (New Horizon Aircraft) Days Inventory: 0.00 (As of Feb. 2026)


HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.94
! 2 Warning Signs
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What is New Horizon Aircraft Days Inventory?

New Horizon Aircraft HOVR -2.76% 14 Days Inventory is 0.00 as of Feb. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 326 Aerospace & Defense companies, New Horizon Aircraft ranks worse than 306748.16% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). New Horizon Aircraft's Average Total Inventories for the three months ended in Feb. 2026 was $0.00 Mil. New Horizon Aircraft's Cost of Goods Sold for the three months ended in Feb. 2026 was $0.00 Mil.

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

HOVR's Days Inventory is not ranked *
in the Aerospace & Defense industry.
Industry Median: 141.34
* Ranked among companies with meaningful Days Inventory only.

New Horizon Aircraft's Days Inventory stayed the same from Feb. 2025 (0.00) to Feb. 2026 (0.00).

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) 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.

New Horizon Aircraft's Inventory Turnover for the three months ended in Feb. 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.

New Horizon Aircraft's Inventory to Revenue for the three months ended in Feb. 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.


New Horizon Aircraft Days Inventory Related Terms


New Horizon Aircraft Days Inventory Historical Data

* Premium members only.

The historical data trend for New Horizon Aircraft'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.

New Horizon Aircraft Days Inventory Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Days Inventory
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
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

HOVR vs VWAV, CODA, BYRN: Days Inventory Comparison

For the Aerospace & Defense subindustry, New Horizon Aircraft'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.


New Horizon Aircraft Days Inventory vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's Days Inventory distribution charts can be found below:

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


HOVR
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New Horizon Aircraft Ltd HOVR
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Days Inventory Calculation

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 fiscal year that ended in May. 2025 is calculated as

Days Inventory (A: May. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2024 ) + Total Inventories (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

New Horizon Aircraft's Days Inventory for the quarter that ended in Feb. 2026 is calculated as:

Days Inventory (Q: Feb. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
New Horizon Aircraft (HOVR) has a Days Inventory of 0.00 as of Feb. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on New Horizon Aircraft and its competitors. According to the industry distribution chart, New Horizon Aircraft ranks #999999 out of 326 companies in the Aerospace & Defense industry.
Is New Horizon Aircraft's Days Inventory too high?
New Horizon Aircraft's current Days Inventory is 0.00. Based on the distribution chart, New Horizon Aircraft ranks #999999 out of 326 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. 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 Days Inventory compare to VWAV and CODA?
According to the Aerospace & Defense industry distribution chart, New Horizon Aircraft ranks #999999 out of 326 companies for Days Inventory. This places New Horizon Aircraft in the lower half of its industry. The industry median Days Inventory is 141.34. 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 Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 141.34, based on 326 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. 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 New Horizon Aircraft and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 141.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Horizon Aircraft's current Days Inventory is 0.00. 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 Days Inventory of 0.00. The current Days Inventory is 0.00. New Horizon Aircraft's overall GF Score™ is 14/100 with 2 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 New Horizon Aircraft (HOVR), the current Days Inventory is 0.00 as of Feb. 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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