Horizon Oil (FRA:HOJ) Inventory Turnover: 10.82 (As of Dec. 2025)

What is Horizon Oil Inventory Turnover?

Horizon Oil FRA:HOJ +7.50% 39 Inventory Turnover is 10.82 as of Dec. 2025. 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Horizon Oil's Cost of Goods Sold for the six months ended in Dec. 2025 was €31.96 Mil. Horizon Oil's Average Total Inventories for the quarter that ended in Dec. 2025 was €2.95 Mil. Horizon Oil's Inventory Turnover for the quarter that ended in Dec. 2025 was 10.82.

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 six months ended in Dec. 2025 was 16.87.

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 quarter that ended in Dec. 2025 was 0.08.

Horizon Oil (FRA:HOJ) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 six months ended in Dec. 2025 is calculated as:

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

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 quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	2.9535	/	38.121
	=	0.08

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Horizon Oil Inventory Turnover Related Terms

Horizon Oil Inventory Turnover Historical Data

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The historical data trend for Horizon Oil's Inventory Turnover can be seen below:

Horizon Oil Inventory Turnover Chart

Horizon Oil Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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14.94

17.86

22.42

9.05

11.01

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
Inventory Turnover	Get a 7-Day Free Trial															10.10	3.02	5.05	7.29	10.82

39GF Score

Horizon Oil Ltd FRA:HOJ

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Horizon Oil Inventory Turnover Calculation

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

	Inventory Turnover (A: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2025 )	/ (	(Total Inventories (A: Jun. 2024 )	+	Total Inventories (A: Jun. 2025 ))	/	count )
=	66.545	/ (	(8.854	+	3.237)	/	2 )
=	66.545	/	6.0455
=	11.01

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

	Inventory Turnover (Q: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2025 )	/ (	(Total Inventories (Q: Jun. 2025 )	+	Total Inventories (Q: Dec. 2025 ))	/	count )
=	31.959	/ (	(3.237	+	2.67)	/	2 )
=	31.959	/	2.9535
=	10.82

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 10.82 mean?

Horizon Oil (FRA:HOJ) has a Inventory Turnover of 10.82 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Horizon Oil and its competitors.

Is Horizon Oil's Inventory Turnover too high?

Horizon Oil's current Inventory Turnover is 10.82. 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 Inventory Turnover compare to COP and EOG?

Horizon Oil's Inventory Turnover of 10.82 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover 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 Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Horizon Oil and its competitors. Horizon Oil's current Inventory Turnover is 10.82. 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 €0.13 — trading 43.3% above its estimated fair value. The current Inventory Turnover is 10.82. 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 Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Horizon Oil (FRA:HOJ), the current Inventory Turnover is 10.82 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 €0.13 is trading 43.3% above its estimated GF Value™ of €0.09. GuruFocus considers Horizon Oil to be Significantly Overvalued.

Key valuation signals for FRA:HOJ:

Inventory Turnover: 10.82
GF Value™: €0.09 vs. price of €0.13 (43.3% above fair value)
GF Score™: 39/100 with 6 warning signs

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 Energy Oil & Gas

Comparable Companies ASX:OMA ASX:STX ASX:BTL ASX:AEL ASX:EXR ASX:JGH ASX:CVN ASX:ECH ASX:FDR ASX:COI HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Other Exchanges HZNFF:USA HZN:Australia

Address 360 Kent Street, Level 4, Sydney, NSW, AUS, 2000

Website https://www.horizonoil.com.au

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

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€0.13

Price

€0.09

GF Value

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