Bowlero (Bowlero) Total Inventories : $14 Mil (As of Dec. 2023)

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What is Bowlero Total Inventories?

Bowlero's total inventories for the quarter that ended in Dec. 2023 was $14 Mil. Bowlero's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $14 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bowlero's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-20.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bowlero's Days Inventory for the three months ended in Dec. 2023 was 5.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bowlero's Inventory Turnover for the quarter that ended in Dec. 2023 was 15.73.

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. Bowlero's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Bowlero Total Inventories Historical Data

The historical data trend for Bowlero'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.

Bowlero Total Inventories Chart

Bowlero Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Total Inventories

8.17

8.31

10.31

11.47

Bowlero Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial										11.41	11.85	11.47	13.18	14.17

Bowlero 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.

Bowlero (NYSE:BOWL) 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.

Bowlero'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)
=	(189.955	+	0.75 * 6.875	+	0.5 * 14.166	-	3152.806
-	144.329	-	0)	/	149.184
=	-20.75

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

Bowlero's Days Inventory for the three 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
	=	13.6745	/	215.09	*	365 / 4
	=	5.80

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

Bowlero'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 )
	=	215.09	/	13.6745
	=	15.73

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.

Bowlero'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 )
	=	13.6745	/	305.671
	=	0.04

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.

Bowlero Total Inventories Related Terms

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Bowlero (Bowlero) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bowlero Corp (NYSE:BOWL) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

7313 Bell Creek Road, Mechanicsville, VA, USA, 23111

Website

https://www.bowlerocorp.com

Bowlero Corp is a operator of bowling entertainment centers. It operate traditional bowling centers and more upscale entertainment concepts with lounge seating, arcades, enhanced food and beverage offerings, and more robust customer service for individuals and group events, as well as hosting and overseeing professional and non-professional bowling tournaments and related broadcasting.

Executives

John Alan Young	director	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Robert M. Lavan	officer: Chief Financial Officer	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
A-b Parent Llc	director, 10 percent owner	C/O ATAIROS GROUP INC, 40 MORRIS AVE, BRYN MAWR PA 19010
Jeffrey C Kostelni	officer: Chief Accounting Officer	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Brett I. Parker	officer: Chief Financial Officer	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Thomas F. Shannon	director, officer: Chief Executive Officer	C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Alberto Perlman	director	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
George A. Barrios	director	C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Michelle D Wilson	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Apollo Spac Fund I, L.p.	10 percent owner	27 HOSPITAL ROAD, GEORGE TOW E9 KY1-9008
Cobalt Group, Llc	director	C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Cobalt Recreation Llc	director	C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Nicole M. Weinberger	officer: Chief Customer Off. & CEO, PBA	C/O BOWLERO CORP., 222 W. 44TH STREET, NEW YORK NY 10036
Rachael A. Wagner	director, 10 percent owner	C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019