Horizon Educational co (SAU:9603) Days Inventory : 0.00 (As of Jun. 2024)

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What is Horizon Educational co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Horizon Educational co's Average Total Inventories for the six months ended in Jun. 2024 was ﷼0.00 Mil. Horizon Educational co's Cost of Goods Sold for the six months ended in Jun. 2024 was ﷼26.61 Mil. Hence, Horizon Educational co's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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

SAU:9603's Days Inventory is not ranked ^*
in the Education industry.
Industry Median: 7.44
* Ranked among companies with meaningful Days Inventory only.

Horizon Educational co's Days Inventory stayed the same from . 20 (0.00) to Jun. 2024 (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. Horizon Educational co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.

Horizon Educational co Days Inventory Historical Data

The historical data trend for Horizon Educational co'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.

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Horizon Educational co Days Inventory Chart

Horizon Educational co Annual Data

Trend

Jun23

Jun24

Days Inventory

Horizon Educational co Semi-Annual Data
	Jun23	Jun24
Days Inventory	-	-

Competitive Comparison of Horizon Educational co's Days Inventory

For the Education & Training Services subindustry, Horizon Educational co'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 Educational co's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Horizon Educational co's Days Inventory distribution charts can be found below:

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

Horizon Educational co Days Inventory Calculation

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

Horizon Educational co's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	26.613	*	365
=	0					/	26.613	*	365
=	0.00

Horizon Educational co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	26.613	*	365 / 2
=	0					/	26.613	*	365 / 2
=	0.00

Horizon Educational co (SAU:9603) 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 Educational co's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	26.613	/	0
	=

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 Educational co's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	42.803
	=	0.00

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 Educational co Days Inventory Related Terms

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

Horizon Educational co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Horizon Educational co (SAU:9603) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7212 Fujairah Street, P.O. Box 67266, Al-Wurud District 3833, Riyadh, SAU, 12252

Website

http://www.horizon.sch.sa

Horizon Educational co is an education-providing company. The company's activities are represented in pre-school education, kindergartens, Primary education for students using an international curriculum, Intermediate education for students with an international curriculum, and Secondary education for students using an international curriculum.

Horizon Educational co Headlines

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