GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bonny International Holding Ltd (HKSE:01906) » Definitions » Total Inventories

Bonny International Holding (HKSE:01906) Total Inventories : HK$91.2 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Bonny International Holding Total Inventories?

Bonny International Holding's total inventories for the quarter that ended in Dec. 2023 was HK$91.2 Mil. Bonny International Holding's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$93.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bonny International Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bonny International Holding's Days Inventory for the six months ended in Dec. 2023 was 241.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bonny International Holding's Inventory Turnover for the quarter that ended in Dec. 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. Bonny International Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.05.


Bonny International Holding Total Inventories Historical Data

The historical data trend for Bonny International Holding'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.

Bonny International Holding Total Inventories Chart

Bonny International Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 151.39 200.07 184.12 122.71 91.19

Bonny International Holding Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 145.93 122.71 95.75 91.19 -

Bonny International Holding 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.


Bonny International Holding  (HKSE:01906) 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.

Bonny International Holding's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.991+0.75 * 36.951+0.5 * 91.185-301.232
-0-1.231)/1279.28
=-0.18

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

Bonny International Holding's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=93.466/70.668*365 / 2
=241.38

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

Bonny International Holding's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=70.668 / 93.466
=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.

Bonny International Holding's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=93.466 / 88.825
=1.05

* 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.


Bonny International Holding Total Inventories Related Terms

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


Bonny International Holding Business Description

Traded in Other Exchanges
N/A
Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Bonny International Holding Ltd is principally engaged in the manufacturing of intimate wear products for overseas apparel companies. The segments of the company are the Brand products segment which involves the manufacture and sale of ladies Brassieres, Panties, Thermal underwear with the Bonny brand to the domestic market; and the Original Design Manufacture (ODM) products segment which engages in the manufacture and sale of Seamless underwear or other ODM products for overseas customers or their agents. Geographically the group derives key revenue from Mainland China, the United states, Germany, Japan, Netherlands and others, of which key revenue is derived from Mainland China.
Executives
Jin Guojun 2201 Interest of corporation controlled by you
Maximax Holding Corporation 2101 Beneficial owner
Yi Wu Shi Rong Zi Dan Bao You Xian Gong Si 2106 Person having a security interest in shares
Zhe Jiang Yi Wu Gao Xin Qu Kai Fa Jian She You Xian Gong Si 2106 Person having a security interest in shares
Jin Xiaohong 2101 Beneficial owner
Gong Lijin 2202 Interest of your spouse

Bonny International Holding Headlines

No Headlines