Bonal International (Bonal International) Total Inventories : $0.66 Mil (As of Mar. 2023)

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What is Bonal International Total Inventories?

Bonal International's total inventories for the quarter that ended in Mar. 2023 was $0.66 Mil. Bonal International's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Mar. 2023 was $0.68 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bonal International's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $0.51.

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 six months ended in Mar. 2023 was 240.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bonal International's Inventory Turnover for the quarter that 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 quarter that ended in Mar. 2023 was 0.38.

Bonal International Total Inventories Historical Data

The historical data trend for Bonal 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.

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Bonal International Total Inventories Chart

Bonal International Annual Data

Trend

Mar21

Mar22

Mar23

Total Inventories

0.70

0.66

Bonal International Semi-Annual Data
	Mar21	Mar22	Mar23
Total Inventories	-	0.70	0.66

Bonal 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.

Bonal International (OTCPK:BONL) 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.

Bonal International's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

	Net-Net Working Capital Per Share (Q: Mar. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.707	+	0.75 * 0.25	+	0.5 * 0.658	-	0.334
-	0	-	0)	/	1.74792
=	0.51

2. 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 six months ended in Mar. 2023 is calculated as:

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

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2023 )	/	Average Total Inventories (Q: Mar. 2023 )
	=	0.513	/	0.6765
	=	0.76

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	0.6765	/	1.777
	=	0.38

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.

Bonal International Total Inventories Related Terms

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Bonal International (Bonal International) Business Description

Industry

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Traded in Other Exchanges

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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.

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