Bowlin Travel Centers (Bowlin Travel Centers) Total Inventories : $3.51 Mil (As of Jan. 2011)

View and export this data going back to . Start your Free Trial

What is Bowlin Travel Centers Total Inventories?

Bowlin Travel Centers's total inventories for the quarter that ended in Jan. 2011 was $3.51 Mil. Bowlin Travel Centers's average total inventories from the quarter that ended in Jan. 2010 to the quarter that ended in Jan. 2011 was $3.39 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bowlin Travel Centers's Net-Net Working Capital per share for the quarter that ended in Jan. 2011 was $-0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bowlin Travel Centers's Days Inventory for the six months ended in Jan. 2011 was 35.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bowlin Travel Centers's Inventory Turnover for the quarter that ended in Jan. 2011 was 5.13.

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. Bowlin Travel Centers's Inventory-to-Revenue for the quarter that ended in Jan. 2011 was 0.13.

Bowlin Travel Centers Total Inventories Historical Data

The historical data trend for Bowlin Travel Centers'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.

Bowlin Travel Centers Total Inventories Chart

Bowlin Travel Centers Annual Data

Trend

Jan02

Jan03

Jan04

Jan05

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Total Inventories

Get a 7-Day Free Trial

3.66

3.41

3.18

3.27

3.51

Bowlin Travel Centers Semi-Annual Data
	Jan00	Jan01	Jan02	Jan03	Jan04	Jan05	Jan06	Jan07	Jan08	Jan09	Jan10	Jan11
Total Inventories	Get a 7-Day Free Trial							3.66	3.41	3.18	3.27	3.51

Bowlin Travel Centers 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.

Bowlin Travel Centers (OTCPK:BWTL) 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.

Bowlin Travel Centers's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2011 is

	Net-Net Working Capital Per Share (Q: Jan. 2011 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.891	+	0.75 * 0.03	+	0.5 * 3.514	-	7.587
-	0	-	0)	/	4.21314
=	-0.45

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

Bowlin Travel Centers's Days Inventory for the six months ended in Jan. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2011 )	/	Cost of Goods Sold (Q: Jan. 2011 )	*	Days in Period
	=	3.3895	/	17.395	*	365 / 2
	=	35.56

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

Bowlin Travel Centers's Inventory Turnover for the quarter that ended in Jan. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2011 )	/	Average Total Inventories (Q: Jan. 2011 )
	=	17.395	/	3.3895
	=	5.13

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.

Bowlin Travel Centers's Inventory to Revenue for the quarter that ended in Jan. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2011 )	/	Revenue (Q: Jan. 2011 )
	=	3.3895	/	26.086
	=	0.13

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.

Bowlin Travel Centers Total Inventories Related Terms

Thank you for viewing the detailed overview of Bowlin Travel Centers's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Bowlin Travel Centers (Bowlin Travel Centers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bowlin Travel Centers Inc (OTCPK:BWTL) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Louisiana Boulevard NE, Albuquerque, NM, USA, 87108

Website

https://www.bowlintc.com

Bowlin Travel Centers Inc operates several travel centers and restaurants located along interstate highways in New Mexico and Arizona. Some of its travel centers also offer fuel and full-service restaurants under the Dairy Queen/Brazier, Dairy Queen, or Subway trade names. All of the company's travel centers offer a variety of Southwestern merchandise to the traveling public in the Southwestern United States, and New Mexico. It also operates a convenience store selling chips, nuts, cookies, and prepackaged sandwiches, along with a variety of bottled and canned drinks.

Executives

James F Adelson	10 percent owner	15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Stephen J Heyman	10 percent owner	15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Yorktown Avenue Capital, Llc	10 percent owner	15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Jonathan Brooks	10 percent owner	2201 NORTH BEVERLY DR., BEVERLY HILLS CA 90210

Bowlin Travel Centers (Bowlin Travel Centers) Headlines

From GuruFocus

The Mystery of the Arizona Desert is Alive and Well and “The Thing” is Bigger than Ever!

By Marketwired Marketwired • 08-23-2018