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


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What is Bonal International Days Payable?

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 Range Over the Past 10 Years
Min: 12.45   Med: 12.89   Max: 13.32
Current: 12.45

During the past 3 years, Bonal International's highest Days Payable was 13.32. The lowest was 12.45. And the median was 12.89.

BONL's Days Payable is ranked worse than
97.93% of 2944 companies
in the Industrial Products industry
Industry Median: 75.425 vs BONL: 12.45

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

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.

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Bonal International Days Payable Chart

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

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

Competitive Comparison of Bonal International's Days Payable

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's Days Payable Distribution in the 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.



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.


Bonal International Days Payable Related Terms

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Bonal International Business Description

Traded in Other Exchanges
N/A
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.

Bonal International Headlines

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