Horizon Space Acquisition I (Horizon Space Acquisition I) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Horizon Space Acquisition I 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 Space Acquisition I's Cost of Goods Sold for the six months ended in Mar. 2024 was $0.00 Mil. Horizon Space Acquisition I's Average Total Inventories for the quarter that ended in Mar. 2024 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 Space Acquisition I Inventory Turnover Historical Data

The historical data trend for Horizon Space Acquisition I'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 Space Acquisition I Inventory Turnover Chart

Horizon Space Acquisition I Annual Data

Trend

Dec22

Dec23

Inventory Turnover

Horizon Space Acquisition I Semi-Annual Data
	Aug22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Horizon Space Acquisition I Inventory Turnover Calculation

Horizon Space Acquisition I's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Horizon Space Acquisition I's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Horizon Space Acquisition I (NAS:HSPOW) 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 Space Acquisition I's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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 Space Acquisition I's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	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 Space Acquisition I Inventory Turnover Related Terms

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Horizon Space Acquisition I (Horizon Space Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Horizon Space Acquisition I Corp (NAS:HSPOW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

HSPO:USA

Address

1412 Broadway, 21st Floor, Suite 21V, New York, NY, USA, 10018

Website

Horizon Space Acquisition I Corp is a blank check company.

Horizon Space Acquisition I (Horizon Space Acquisition I) Headlines

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Horizon Space Acquisition I Corp. Announces Closing of $69 Million Initial Public Offering

By ACCESSWIRE ACCESSWIRE • 12-28-2022

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By ACCESSWIRE ACCESSWIRE • 01-24-2023