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British Polythene Industries (LSE:BPI) Total Inventories : £81.7 Mil (As of Dec. 2015)


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What is British Polythene Industries Total Inventories?

British Polythene Industries's total inventories for the quarter that ended in Dec. 2015 was £81.7 Mil. British Polythene Industries's average total inventories from the quarter that ended in Jun. 2015 to the quarter that ended in Dec. 2015 was £70.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. British Polythene Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was £-3.62.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. British Polythene Industries's Inventory Turnover for the quarter that ended in Dec. 2015 was 0.00.

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. British Polythene Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.35.


British Polythene Industries Total Inventories Historical Data

The historical data trend for British Polythene Industries's Total Inventories 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.

British Polythene Industries Total Inventories Chart

British Polythene Industries Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.30 72.50 77.30 76.30 81.70

British Polythene Industries Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.30 55.40 76.30 59.30 81.70

British Polythene Industries Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


British Polythene Industries  (LSE:BPI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

British Polythene Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 is

Net-Net Working Capital Per Share (Q: Dec. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.5+0.75 * 45.6+0.5 * 81.7-174.4
-0-0.4)/27.3808
=-3.62

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

British Polythene Industries's Days Inventory for the six months ended in Dec. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2015 )/Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=70.5/0*365 / 2
=

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

British Polythene Industries's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2015 ) / Average Total Inventories (Q: Dec. 2015 )
=0 / 70.5
=0.00

4. 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.

British Polythene Industries's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2015 ) / Revenue (Q: Dec. 2015 )
=70.5 / 202.5
=0.35

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


British Polythene Industries Total Inventories Related Terms

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British Polythene Industries (LSE:BPI) Business Description

Traded in Other Exchanges
N/A
Address
British Polythene Industries PLC was incorporated on March 16, 1910. It manufactures and supplies polythene films and related products for packaging for the protection of food and other goods. Its products are in use across different market sectors with a focus on agriculture, retail food chain, healthcare and waste services. The Company also engages in recycling of waste polythene film in Europe. The Company has three reportable segments: UK and Ireland, Mainland Europe and North America. UK & Ireland includes all of the UK manufacturing and merchanting activities along with the Irish sales operation which distributes predominately UK manufactured products.It also includes the manufacturing operations in China. Mainland Europe comprises the manufacturing and merchanting activities located in Belgium, the Netherlands and France. North America comprises the manufacturing business in Canada with sales throughout North America and Canada.

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