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GuruFocus has detected 4 Warning Signs with Ballantyne Strong Inc $BTN.
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Ballantyne Strong Inc (AMEX:BTN)
Days Payable
33.43 (As of Sep. 2016)

Ballantyne Strong Inc's payable for the three months ended in Sep. 2016 was $5.24 Mil. Ballantyne Strong Inc's cost of goods sold for the three months ended in Sep. 2016 was $14.29 Mil. Hence, Ballantyne Strong Inc's days payable for the three months ended in Sep. 2016 was 33.43.

BTN' s Days Payable Range Over the Past 10 Years
Min: 26   Max: 100.58
Current: 26

26
100.58

During the past 13 years, Ballantyne Strong Inc's highest Days Payable was 100.58. The lowest was 26.00. And the median was 52.30.

BTN's Days Payable is ranked lower than
70% of the 527 Companies
in the Global Leisure industry.

( Industry Median: 47.33 vs. BTN: 26.00 )

Ballantyne Strong Inc's days payable declined from Sep. 2015 (43.53) to Sep. 2016 (33.43). It may suggest that Ballantyne Strong Inc accelerated paying its suppliers.


Definition

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

Ballantyne Strong Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7.369/75.242*365
=35.75

Ballantyne Strong Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5.236/14.291*365 / 4
=33.43

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Ballantyne Strong Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 30.5653.2851.3262.10100.5875.5641.4854.0342.8935.75

Ballantyne Strong Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 46.3452.9536.2831.8543.8043.5322.3847.6540.9433.43
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