Bonal International (Bonal International) Days Inventory : 481.33 (As of Mar. 2023)

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What is Bonal International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bonal International's Average Total Inventories for the six months ended in Mar. 2023 was $0.68 Mil. Bonal International's Cost of Goods Sold for the six months ended in Mar. 2023 was $0.51 Mil. Hence, Bonal International's Days Inventory for the six months ended in Mar. 2023 was 240.67.

The historical rank and industry rank for Bonal International's Days Inventory or its related term are showing as below:

BONL' s Days Inventory Range Over the Past 10 Years
Min: 481.33 Med: 549.27 Max: 617.21
Current: 481.33

During the past 3 years, Bonal International's highest Days Inventory was 617.21. The lowest was 481.33. And the median was 549.27.

BONL's Days Inventory is ranked worse than
96.73% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs BONL: 481.33

Bonal International's Days Inventory increased from Mar. 2021 (0.00) to Mar. 2023 (481.33). It might indicate that Bonal International's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bonal International's Inventory Turnover for the six months ended in Mar. 2023 was 0.76.

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. Bonal International's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.38.

Bonal International Days Inventory Historical Data

The historical data trend for Bonal International's Days 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.

* Premium members only.

Bonal International Days Inventory Chart

Bonal International Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

617.21

481.33

Bonal International Semi-Annual Data
	Mar21	Mar22	Mar23
Days Inventory	-	617.21	481.33

Competitive Comparison of Bonal International's Days Inventory

For the Specialty Industrial Machinery subindustry, Bonal International's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Bonal International's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bonal International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bonal International's Days Inventory falls into.

Bonal International Days Inventory Calculation

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

Bonal International's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.695	+	0.658)	/	2 )	/	0.513	*	365
=	0.6765					/	0.513	*	365
=	481.33

Bonal International's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (0.695	+	0.658)	/	2 )	/	0.513	*	365 / 2
=	0.6765					/	0.513	*	365 / 2
=	240.67

Bonal International (OTCPK:BONL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Bonal International's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.513	/	0.6765
	=	0.76

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.

Bonal International's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.6765	/	1.777
	=	0.38

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Bonal International Days Inventory Related Terms

Thank you for viewing the detailed overview of Bonal International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Bonal International (Bonal International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bonal International Inc (OTCPK:BONL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 North Campbell Road, Royal Oak, MI, USA, 48067

Website

http://www.bonal.com

Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.

Bonal International (Bonal International) Headlines

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