Biglari Holdings (Biglari Holdings) Days Payable : 39.15 (As of Dec. 2023)

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What is Biglari Holdings Days Payable?

Biglari Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $22.3 Mil. Biglari Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $52.1 Mil. Hence, Biglari Holdings's Days Payable for the three months ended in Dec. 2023 was 39.15.

The historical rank and industry rank for Biglari Holdings's Days Payable or its related term are showing as below:

BH' s Days Payable Range Over the Past 10 Years
Min: 18.74 Med: 24.15 Max: 55.16
Current: 45.25

During the past 13 years, Biglari Holdings's highest Days Payable was 55.16. The lowest was 18.74. And the median was 24.15.

BH's Days Payable is ranked better than
60% of 340 companies
in the Restaurants industry
Industry Median: 38.325 vs BH: 45.25

Biglari Holdings's Days Payable declined from Dec. 2022 (53.55) to Dec. 2023 (39.15). It may suggest that Biglari Holdings accelerated paying its suppliers.

Biglari Holdings Days Payable Historical Data

The historical data trend for Biglari Holdings's Days Payable 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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Biglari Holdings Days Payable Chart

Biglari Holdings Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.51

36.39

51.66

55.16

44.22

Biglari Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															53.55	52.41	49.85	40.84	39.15

Competitive Comparison of Biglari Holdings's Days Payable

For the Restaurants subindustry, Biglari Holdings's Days Payable, along with its competitors' market caps and Days Payable 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.

Biglari Holdings's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Biglari Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Biglari Holdings's Days Payable falls into.

Biglari Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Biglari Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (28.431	+	22.448)	/	2 )	/	209.962	*	365
=	25.4395					/	209.962	*	365
=	44.22

Biglari Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (22.238	+	22.448)	/	2 )	/	52.082	*	365 / 4
=	22.343					/	52.082	*	365 / 4
=	39.15

Biglari Holdings Days Payable Related Terms

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Biglari Holdings (Biglari Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Biglari Holdings Inc (NYSE:BH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BH.A:USA SQ7B:Germany

Address

19100 Ridgewood Parkway, Suite 1200, San Antonio, TX, USA, 78259

Website

http://www.biglariholdings.com

Biglari Holdings Inc is a holding company that owns subsidiaries in a range of businesses. The company's reportable segments include Restaurant Operations, Insurance Operations, Oil and Gas Operations, and Maxim. The majority of revenue is derived from the Restaurant Operations segment. The Restaurant Operations segment includes Steak n Shake and Western Sizzlin Restaurant businesses.

Executives

Sardar Biglari,	director, 10 percent owner, officer: Chairman and CEO	C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
John Garrett Cardwell	director	17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Campbell Edmund B Iii	director	C/O BIGLARI HOLDINGS INC., 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Lion Fund Ii, L.p.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund, L.p.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Capital Corp.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259