HOVR (New Horizon Aircraft) Inventories, Work In Process: $0.00 Mil (As of Feb. 2026)


HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
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What is New Horizon Aircraft Inventories, Work In Process?

New Horizon Aircraft HOVR +1.60% 14 Inventories, Work In Process is $0.00 Mil as of Feb. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. New Horizon Aircraft's work in process for the quarter that ended in Feb. 2026 was $0.00 Mil.

New Horizon Aircraft Inventories, Work In Process Historical Data

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The historical data trend for New Horizon Aircraft's Inventories, Work In Process 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 Inventories, Work In Process Chart

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HOVR
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New Horizon Aircraft Ltd HOVR
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of $0.00 Mil mean?
New Horizon Aircraft (HOVR) has a Inventories, Work In Process of $0.00 Mil as of Feb. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Inventories, Work In Process too high?
New Horizon Aircraft's current Inventories, Work In Process is $0.00 Mil. 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 Inventories, Work In Process compare to VWAV and MNTS?
New Horizon Aircraft's Inventories, Work In Process of $0.00 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Aerospace & Defense company?
A good Inventories, Work In Process depends on the Aerospace & Defense industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on New Horizon Aircraft and its competitors. New Horizon Aircraft's current Inventories, Work In Process is $0.00 Mil. 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 Inventories, Work In Process of $0.00 Mil. The current Inventories, Work In Process is $0.00 Mil. 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 Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Inventories, Work In Process is $0.00 Mil 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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