BONL (Bonal International) Days Payable: 12.45 (As of Mar. 2023)


BONL Bonal International Inc BONL
43 GF Score
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What is Bonal International Days Payable?

Bonal International BONL 43 Days Payable is 12.45 as of Mar. 2023. GuruFocus rates BONL with a GF Score™ of 43/100.

Bonal International's average Accounts Payable for the six months ended in Mar. 2023 was $0.02 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 Payable for the six months ended in Mar. 2023 was 6.23.

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

BONL's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.08
* Ranked among companies with meaningful Days Payable only.

Bonal International's Days Payable increased from Mar. 2021 (0.00) to Mar. 2023 (12.45). It may suggest that Bonal International delayed paying its suppliers.

Bonal International Days Payable Historical Data

* Premium members only.

The historical data trend for Bonal International's Days Payable 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.

Bonal International Days Payable Chart

Bonal International Annual Data
Trend Mar21 Mar22 Mar23
Days Payable
0.00 13.32 12.45

Bonal International Semi-Annual Data
Mar21 Mar22 Mar23
Days Payable 0.00 13.32 12.45

BONL vs BRBL, ATVK, JKSM: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Bonal International's Days Payable, along with its competitors' market caps and Days Payable 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 Days Payable vs Industrial Products Industry

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

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


BONL
43GF Score
Bonal International Inc BONL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonal International Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.015 + 0.02) / 2 ) / 0.513*365
=0.0175 / 0.513*365
=12.45

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

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0.015 + 0.02) / 2 ) / 0.513*365 / 2
=0.0175 / 0.513*365 / 2
=6.23

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 12.45 mean?
Bonal International (BONL) has a Days Payable of 12.45 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bonal International and its competitors.
Is Bonal International's Days Payable too high?
Bonal International's current Days Payable is 12.45. The Industrial Products industry median Days Payable is 78.08. Bonal International's value of 12.45 is 84.1% below this industry median. Overall, Bonal International has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Bonal International's Days Payable compare to BRBL and ATVK?
Bonal International's Days Payable of 12.45 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. Bonal International's value of 12.45 is 84.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bonal International's current Days Payable of 12.45 is 84.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bonal International and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonal International's current Days Payable is 12.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonal International stock overvalued right now?
Bonal International (BONL) has a current Days Payable of 12.45. The current Days Payable is 12.45 and 84.1% below the Industrial Products industry median of 78.08. Bonal International's overall GF Score™ is 43/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bonal International (BONL), the current Days Payable is 12.45 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bonal International Business Description

Address 1300 North Campbell Road, Royal Oak, MI, USA, 48067
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.
43GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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