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Bowl America (Bowl America) Cash Conversion Cycle : 4.90 (As of Mar. 2021)


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What is Bowl America Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Bowl America's Days Sales Outstanding for the three months ended in Mar. 2021 was 0.
Bowl America's Days Inventory for the three months ended in Mar. 2021 was 13.68.
Bowl America's Days Payable for the three months ended in Mar. 2021 was 8.78.
Therefore, Bowl America's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2021 was 4.90.


Bowl America Cash Conversion Cycle Historical Data

The historical data trend for Bowl America's Cash Conversion Cycle 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.

Bowl America Cash Conversion Cycle Chart

Bowl America Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.43 -2.30 -4.38 -5.85 -1.00

Bowl America Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Cash Conversion Cycle 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 1.10 11.11 8.94 7.91 4.90

Competitive Comparison of Bowl America's Cash Conversion Cycle

For the Leisure subindustry, Bowl America's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bowl America's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bowl America's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bowl America's Cash Conversion Cycle falls into.



Bowl America Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Bowl America's Cash Conversion Cycle for the fiscal year that ended in Jun. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+11.88-12.88
=-1.00

Bowl America's Cash Conversion Cycle for the quarter that ended in Mar. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+13.68-8.78
=4.90

* 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.


Bowl America  (AMEX:BWL.A) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Bowl America Cash Conversion Cycle Related Terms

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Bowl America (Bowl America) Business Description

Traded in Other Exchanges
N/A
Address
6446 Edsall Road, Alexandria, VA, USA, 22312
Bowl America Inc is engaged in the entertainment business. The firm operates bowling centers, with food and beverage service in each center. Its offerings include bowling parties, cosmic bowling, leagues, and open bowling. In addition, each center sells retail bowling accessories. The company's bowling centers are located in Washington D.C, Baltimore, Maryland, Richmond, Virginia, Jacksonville, and Florida. Its principal source of revenue consists of fees charged for the use of bowling lanes and other facilities.
Executives
Gloria Bragg director 6446 EDSALL ROAD ALEXANDRIA VA 22312
Merle Fabian director, 10 percent owner
Nancy Hull director C/O BOWL AMERICA INCORPORATED 6446 EDSALL ROAD ALEXANDRIA VA 22312
Arthur H. Bill director 6844 GLENBROOK ROAD BETHESDA MD 20814
Leslie H Goldberg director, 10 percent owner, officer: President
Stanley H Katzman director, 10 percent owner

Bowl America (Bowl America) Headlines

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