Horizon Oil (ASX:HZN) Change In Inventory : A$0.0 Mil (TTM As of Dec. 2023)

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What is Horizon Oil Change In Inventory?

Horizon Oil's change in inventory for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means Horizon Oil's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Horizon Oil's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means Horizon Oil's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Horizon Oil's Total Inventories for the quarter that ended in Dec. 2023 was A$6.2 Mil.

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 quarter that ended in Dec. 2023 was 18.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Horizon Oil's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.14.

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. 2023 was 0.05.

Horizon Oil Change In Inventory Historical Data

The historical data trend for Horizon Oil's Change In Inventory 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 Oil Change In Inventory Chart

Horizon Oil Annual Data

Trend

Jun14

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Jun21

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Jun23

Change In Inventory

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Horizon Oil Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Horizon Oil Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

Horizon Oil (ASX:HZN) Change In Inventory Explanation

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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.28	/	53.545	*	365 / 2
	=	18.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Horizon Oil's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	53.545	/	5.28
	=	10.14

3. 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. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.28	/	100.013
	=	0.05

Horizon Oil Change In Inventory Related Terms

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Horizon Oil (ASX:HZN) Business Description

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HZNFF:USA

Address

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

Website

https://horizonoil.com.au

Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company's exploration, development, and production activities are focused on Southeast Asia. The operating segments of the group are New Zealand exploration and development, China exploration and development, and All other segments. It generates the prime revenue from New Zealand's exploration and development segment in which the group is involved in the development and production of crude oil and oil field development and in the exploration and evaluation of hydrocarbons. The operations of the organization are carried out in China and New Zealand.