Bowl America (Bowl America) Cost of Goods Sold

: $9.30 Mil (TTM As of Mar. 2021)

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Bowl America's cost of goods sold for the three months ended in Mar. 2021 was $2.84 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2021 was $9.30 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Bowl America's Gross Margin % for the three months ended in Mar. 2021 was 20.84%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Bowl America's Inventory Turnover for the three months ended in Mar. 2021 was 6.67.

Bowl America Cost of Goods Sold Historical Data

The historical data trend for Bowl America's Cost of Goods Sold 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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Bowl America Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Cost of Goods Sold

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19.22

18.90

18.97

19.27

15.43

Bowl America Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cost of Goods Sold	Get a 7-Day Free Trial															4.64	1.31	2.41	2.75	2.84

Bowl America Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.30 Mil.

Bowl America (AMEX:BWL.A) Cost of Goods Sold Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Bowl America's Gross Margin % for the three months ended in Mar. 2021 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(3.589	-	2.841)	/	3.589
	=	20.84 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Bowl America's Inventory Turnover for the three months ended in Mar. 2021 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.841	/	0.426
	=	6.67

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.

Bowl America Cost of Goods Sold Related Terms

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Bowl America (Bowl America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bowl America Inc (AMEX:BWL.A) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

6446 Edsall Road, Alexandria, VA, USA, 22312

Website

http://www.bowl-america.com

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

From GuruFocus

Bowl America: Prudent Management with No Debt and Minimal Rent

By Mark Lin Mark Lin • 12-09-2012