Horizon Acquisition II (Horizon Acquisition II) Inventory Turnover : 0.00 (As of Dec. 2022)

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What is Horizon Acquisition II Inventory Turnover?

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 Acquisition II's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.00 Mil. Horizon Acquisition II's Average Total Inventories for the quarter that ended in Dec. 2022 was $0.00 Mil.

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

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 Acquisition II Inventory Turnover Historical Data

The historical data trend for Horizon Acquisition II's Inventory Turnover 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 Acquisition II Inventory Turnover Chart

Horizon Acquisition II Annual Data

Trend

Dec20

Dec21

Dec22

Inventory Turnover

Horizon Acquisition II Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Inventory Turnover	Get a 7-Day Free Trial					-	-	-	-	-

Horizon Acquisition II Inventory Turnover Calculation

Horizon Acquisition II's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Horizon Acquisition II's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Horizon Acquisition II (AMEX:HZON) 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 Acquisition II's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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 Acquisition II's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	0	/	0
	=

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 Acquisition II Inventory Turnover Related Terms

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Horizon Acquisition II (Horizon Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Horizon Acquisition Corp II (AMEX:HZON) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Steamboat Road, Suite 200, Greenwich, CT, USA, 06830

Website

Horizon Acquisition Corp II is a blank check company.

Executives

Horizon Ii Sponsor, Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Stephen D Sautel	director	C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Zachary D Warren	director	C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly	director, 10 percent owner, officer: CEO and CFO	600 STEAMBOAT ROAD, GREENWICH CT 06830
Jason Robins	director	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Robert Ott	officer: Vice President	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Asif Satchu	director	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Carlton Mcmillen	officer: Vice President	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Mordecai Wiczyk	director	C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830

Horizon Acquisition II (Horizon Acquisition II) Headlines

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