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Cincinnati Bell (Cincinnati Bell) Total Inventories : $51 Mil (As of Jun. 2021)


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What is Cincinnati Bell Total Inventories?

Cincinnati Bell's total inventories for the quarter that ended in Jun. 2021 was $51 Mil. Cincinnati Bell's average total inventories from the quarter that ended in Mar. 2021 to the quarter that ended in Jun. 2021 was $45 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cincinnati Bell's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-52.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cincinnati Bell's Days Inventory for the three months ended in Jun. 2021 was 18.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cincinnati Bell's Inventory Turnover for the quarter that ended in Jun. 2021 was 5.00.

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. Cincinnati Bell's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.11.


Cincinnati Bell Total Inventories Historical Data

The historical data trend for Cincinnati Bell'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.

Cincinnati Bell Total Inventories Chart

Cincinnati Bell Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.70 44.30 46.50 44.60 35.50

Cincinnati Bell Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 37.10 28.70 35.50 38.60 51.30

Cincinnati Bell 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.


Cincinnati Bell  (NYSE:CBB) 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.

Cincinnati Bell's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 is

Net-Net Working Capital Per Share (Q: Jun. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.5+0.75 * 296.3+0.5 * 51.3-2783.6
-129.4-0)/50.9206
=-52.27

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

Cincinnati Bell's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=44.95/224.8*365 / 4
=18.25

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

Cincinnati Bell's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2021 ) / Average Total Inventories (Q: Jun. 2021 )
=224.8 / 44.95
=5.00

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.

Cincinnati Bell's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=44.95 / 414.2
=0.11

* 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.


Cincinnati Bell Total Inventories Related Terms

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Cincinnati Bell (Cincinnati Bell) Business Description

Traded in Other Exchanges
N/A
Address
221 East Fourth Street, Cincinnati, OH, USA, 45202
Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segments. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada, and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.
Executives
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Yudkovitz director P O BOX 2301, CINCINNATI OH 45201
Craig F Maier director P O BOX 2301, CINCINNATI OH 45202
Meredith J Ching director 822 BISHOP ST., HONOLULU HI 96813
Dods Walter A Jr director 822 BISHOP ST., HONOLULU HI 96813
Theodore H. Torbeck director, Director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Russel Paul Mayer director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Leigh R. Fox officer: Chief Executive Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Joshua T. Duckworth officer: Vice President & Treasurer P O BOX 2301, CINCINNATI OH 45201
Christopher J Wilson officer: VP, General Counsel P O BOX 2301, CINCINNATI OH 45201
Thomas E Simpson officer: Chief Operating Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Andrew R. Kaiser officer: Chief Financial Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Christi H Cornette officer: Chief Culture Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
John W. Eck director 221 EAST FOURTH STREET, CINCINNATI OH 45202

Cincinnati Bell (Cincinnati Bell) Headlines

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