BNSOF (Bonso Electronics International) Inventory Turnover: 2.70 (As of Sep. 2022)


BNSOF Bonso Electronics International Inc BNSOF
16 GF Score
Price $2.39
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What is Bonso Electronics International Inventory Turnover?

Bonso Electronics International BNSOF 16 Inventory Turnover is 2.70 as of Sep. 2022. GuruFocus rates BNSOF with a GF Score™ of 16/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Bonso Electronics International's Cost of Goods Sold for the six months ended in Sep. 2022 was $4.10 Mil. Bonso Electronics International's Average Total Inventories for the quarter that ended in Sep. 2022 was $1.52 Mil. Bonso Electronics International's Inventory Turnover for the quarter that ended in Sep. 2022 was 2.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bonso Electronics International's Days Inventory for the six months ended in Sep. 2022 was 67.65.

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. Bonso Electronics International's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.28.

Bonso Electronics International  (OTCPK:BNSOF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Bonso Electronics International's Days Inventory for the six months ended in Sep. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=1.521/4.103*365 / 2
=67.65

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.

Bonso Electronics International's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=1.521 / 5.373
=0.28

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Bonso Electronics International Inventory Turnover Related Terms

Bonso Electronics International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Bonso Electronics International's Inventory Turnover 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.

Bonso Electronics International Inventory Turnover Chart

Bonso Electronics International Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.86 6.56 5.67 5.22 4.76

Bonso Electronics International Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Inventory Turnover 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 2.78 2.73 2.19 2.12 2.70
BNSOF
16GF Score
Bonso Electronics International Inc BNSOF
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Bonso Electronics International Inventory Turnover Calculation

Bonso Electronics International's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Inventory Turnover (A: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2022 ) / ((Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count )
=7.679 / ((1.097 + 2.127) / 2 )
=7.679 / 1.612
=4.76

Bonso Electronics International's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover (Q: Sep. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2022 ) / ((Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count )
=4.103 / ((2.127 + 0.915) / 2 )
=4.103 / 1.521
=2.70

* 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 Inventory Turnover →
What does a Inventory Turnover of 2.70 mean?
Bonso Electronics International (BNSOF) has a Inventory Turnover of 2.70 as of Sep. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bonso Electronics International and its competitors.
Is Bonso Electronics International's Inventory Turnover too high?
Bonso Electronics International's current Inventory Turnover is 2.70. Overall, Bonso Electronics International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Bonso Electronics International's Inventory Turnover compare to MIND and SOBR?
Bonso Electronics International's Inventory Turnover of 2.70 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Hardware company?
A good Inventory Turnover depends on the Hardware industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bonso Electronics International and its competitors. Bonso Electronics International's current Inventory Turnover is 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonso Electronics International stock overvalued right now?
Bonso Electronics International (BNSOF) has a current Inventory Turnover of 2.70. The current Inventory Turnover is 2.70. Bonso Electronics International's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Bonso Electronics International (BNSOF), the current Inventory Turnover is 2.70 as of Sep. 2022. 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.

Bonso Electronics International Business Description

Address 9 Hillwood Road, Unit 1404, 14th Floor, Cheuk Nang Centre, Tsimshatsui, Kowloon, Hong Kong, HKG
Bonso Electronics International Inc mainly designs, develops, produces, and sells electronic sensor-based and wireless products for private label original equipment manufacturers, original brand manufacturers (OBMs), and original design manufacturers. The company has four operating segments: Scales, Others, Pet Electronics Products, and Rental and Management. It generates maximum revenue from the Scales segment. Geographically, the company derives maximum revenue from United States, followed by Germany, and the PRC. It also independently designs and develops electronic products for private label markets. The company rents factory space and equipment to third parties.
16GF Score

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