What is New Horizon Aircraft Inventory-to-Revenue?
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 Average Total Inventories for the quarter that ended in May. 2023 was $0.00 Mil. New Horizon Aircraft's Revenue for the
six
months ended in May. 2023 was $0.00 Mil.
New Horizon Aircraft's Inventory-to-Revenue for the quarter that ended in May. 2023
stayed the same
from May. 2022 (0.00) to May. 2022 (0.00)
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
six
months ended in May. 2023 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
New Horizon Aircraft Inventory-to-Revenue Historical Data
The historical data trend for New Horizon Aircraft's Inventory-to-Revenue 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.
* Premium members only.
New Horizon Aircraft Inventory-to-Revenue Chart
New Horizon Aircraft Annual Data
Trend
May22
May23
Inventory-to-Revenue
-
-
New Horizon Aircraft Semi-Annual Data
May22
May23
Inventory-to-Revenue
-
-
Competitive Comparison of New Horizon Aircraft's Inventory-to-Revenue
For the Aerospace & Defense subindustry, New Horizon Aircraft's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where New Horizon Aircraft's Inventory-to-Revenue falls into.
New Horizon Aircraft Inventory-to-Revenue Calculation
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 fiscal year that ended in May. 2023 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.
New Horizon Aircraft (NAS:HOVR) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. 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
six
months ended in May. 2023 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.
New Horizon Aircraft Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of New Horizon Aircraft's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
New Horizon Aircraft (New Horizon Aircraft) Business Description
New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique 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.
New Horizon Aircraft (New Horizon Aircraft) Headlines
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