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Hollywood Bowl Group (LSE:BOWL) Total Inventories : £2.4 Mil (As of Sep. 2023)


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What is Hollywood Bowl Group Total Inventories?

Hollywood Bowl Group's total inventories for the quarter that ended in Sep. 2023 was £2.4 Mil. Hollywood Bowl Group's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was £2.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hollywood Bowl Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £-1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hollywood Bowl Group's Days Inventory for the six months ended in Sep. 2023 was 7.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hollywood Bowl Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 23.30.

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. Hollywood Bowl Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.


Hollywood Bowl Group Total Inventories Historical Data

The historical data trend for Hollywood Bowl Group'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.

Hollywood Bowl Group Total Inventories Chart

Hollywood Bowl Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.34 1.46 2.15 2.45

Hollywood Bowl Group Semi-Annual Data
Sep13 Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.46 1.74 2.15 2.64 2.45

Hollywood Bowl Group 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.


Hollywood Bowl Group  (LSE:BOWL) 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.

Hollywood Bowl Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(52.455+0.75 * 2.356+0.5 * 2.445-235.566
-0-0)/171.712
=-1.05

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

Hollywood Bowl Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=2.542/59.236*365 / 2
=7.83

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

Hollywood Bowl Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=59.236 / 2.542
=23.30

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.

Hollywood Bowl Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=2.542 / 104.838
=0.02

* 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.


Hollywood Bowl Group Total Inventories Related Terms

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Hollywood Bowl Group (LSE:BOWL) Business Description

Traded in Other Exchanges
Address
Cleveland Road, Focus 31, West Wing, Hemel Hempstead Industrial Estate, Hemel Hempstead, Hertfordshire, GBR, HP2 7BW
Hollywood Bowl Group PLC is a ten-pin bowling operator across the United Kingdom under the Hollywood Bowl, Splitsville and Puttstars brands. The company specializes in operating bowling centres, located on out of town multi-use leisure parks and large retail parks with all of the centres occupied by the company on a leasehold basis. The centres are designed to offer a complete family entertainment experience with each centre offering bowling lanes, on-site dining, licensed bars, and family games arcades. The company has two reporting segments, being the provision of ten-pin bowling and mini-golf centres in the United Kingdom which generates the majority of the revenue, and the provision of ten-pin bowling and mini-golf centres and the installation of bowling equipment in Canada.

Hollywood Bowl Group (LSE:BOWL) Headlines

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