Bird Global (Bird Global) Total Inventories : $1.8 Mil (As of Sep. 2023)

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What is Bird Global Total Inventories?

Bird Global's total inventories for the quarter that ended in Sep. 2023 was $1.8 Mil. Bird Global's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $1.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bird Global's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-15.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bird Global's Days Inventory for the three months ended in Sep. 2023 was 4.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bird Global's Inventory Turnover for the quarter that ended in Sep. 2023 was 21.15.

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. Bird Global's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.03.

Bird Global Total Inventories Historical Data

The historical data trend for Bird Global'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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Bird Global Total Inventories Chart

Bird Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Inventories

5.26

28.24

1.54

Bird Global Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Inventories	Get a 7-Day Free Trial									2.17	1.54	1.36	1.48	1.84

Bird Global 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.

Bird Global (OTCPK:BRDSQ) 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.

Bird Global's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(10.235	+	0.75 * 1.241	+	0.5 * 1.842	-	247.599
-	0	-	0)	/	15.5644
=	-15.13

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

Bird Global's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	1.6595	/	35.091	*	365 / 4
	=	4.32

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

Bird Global's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	35.091	/	1.6595
	=	21.15

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.

Bird Global's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1.6595	/	54.33
	=	0.03

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.

Bird Global Total Inventories Related Terms

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Bird Global (Bird Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bird Global Inc (OTCPK:BRDSQ) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

392 North East 191st Street, No. 20388, Miami, FL, USA, 33179

Website

https://www.bird.co

Bird Global Inc is a micro-mobility company engaged in delivering electric transportation solutions for short distances. It partners with cities to bring lightweight, electric vehicles to residents and visitors to replace car trips by providing an alternative sustainable transportation option. The company operates in North America, Europe, Middle East and Africa and Other countries.

Executives

John Ivan Bitove	director	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Hoselito Joseph Prodan	officer: Chief Financial Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Michael Washinushi	officer: Chief Financial Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Stewart Lyons	officer: Chief Executive Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Travis Vanderzanden	director, 10 percent owner, officer: Chief Executive Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Shane Torchiana	officer: Chief Operating Officer	1425 BRICKELL AVE, UNIT 58E, MIAMI FL 33131
Jeffrey Vance	officer: Corporate Controller	IMAX CORPORATION, 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K 1B1
Philip Keebler Ryan	director	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET #20388, MIAMI FL 33179
Philip Evershed	director	C/O BIRD GLOBAL, INC., 392 N 191ST STREET #20388 FL 33179
Antonio Occhionero	director	C/O BIRD GLOBAL, INC., 406 BROADWAY, SUITE 369, SANTA MONICA CA 90401
Kevin Talbot	director	C/O BIRD GLOBAL, INC., 406 BROADWAY, SUITE 369, SANTA MONICA CA 90401
Lance Bradley	officer: Chief Technology Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Ben Lu	officer: Chief Financial Officer	C/O BIRD RIDES, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Gregory Alan Wright	officer: Controller	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Yibo Ling	officer: Chief Financial Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179