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Billabong International (Billabong International) Total Inventories : $145.0 Mil (As of Dec. 2017)


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What is Billabong International Total Inventories?

Billabong International's total inventories for the quarter that ended in Dec. 2017 was $145.0 Mil. Billabong International's average total inventories from the quarter that ended in Jun. 2017 to the quarter that ended in Dec. 2017 was $133.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Billabong International's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was $-1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Billabong International's Days Inventory for the six months ended in Dec. 2017 was 140.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Billabong International's Inventory Turnover for the quarter that ended in Dec. 2017 was 1.30.

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. Billabong International's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.37.


Billabong International Total Inventories Historical Data

The historical data trend for Billabong International'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.

Billabong International Total Inventories Chart

Billabong International Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 251.94 168.75 144.39 137.35 122.78

Billabong International Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 Premium Member Only 157.33 137.35 136.70 122.78 145.04

Billabong International 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.


Billabong International  (OTCPK:BLLAY) 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.

Billabong International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 is

Net-Net Working Capital Per Share (Q: Dec. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(64.355+0.75 * 102.584+0.5 * 145.037-322.959
-0-0)/98.8691
=-1.10

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

Billabong International's Days Inventory for the six months ended in Dec. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2017 )/Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=133.907/174.005*365 / 2
=140.44

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

Billabong International's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2017 ) / Average Total Inventories (Q: Dec. 2017 )
=174.005 / 133.907
=1.30

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.

Billabong International's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=133.907 / 364.27
=0.37

* 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.


Billabong International Total Inventories Related Terms

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Billabong International (Billabong International) Business Description

Traded in Other Exchanges
N/A
Address
Billabong International Ltd engages the marketing, distribution, wholesaling and retailing of apparel, accessories, eyewear, wetsuits and hardgoods in the boardsports sector. Billabong's products are licensed and distributed in more than 100 countries and are available in approximately 11,000 stores worldwide. Products are distributed through specialised boardsports retailers and through the company's own-branded retail outlets.

Billabong International (Billabong International) Headlines

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