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Ballantyne Strong Inc (AMEX:BTN)
Days Payable
47.65 (As of Mar. 2016)

Ballantyne Strong Inc's payable for the three months ended in Mar. 2016 was $7.71 Mil. Ballantyne Strong Inc's cost of goods sold for the three months ended in Mar. 2016 was $14.77 Mil. Hence, Ballantyne Strong Inc's days payable for the three months ended in Mar. 2016 was 47.65.

BTN' s Days Payable Range Over the Past 10 Years
Min: 30.56   Max: 100.58
Current: 39.2

30.56
100.58

During the past 13 years, Ballantyne Strong Inc's highest Days Payable was 100.58. The lowest was 30.56. And the median was 52.30.

BTN's Days Payable is ranked lower than
55% of the 563 Companies
in the Global Leisure industry.

( Industry Median: 45.23 vs. BTN: 39.20 )

Ballantyne Strong Inc's days payable increased from Mar. 2015 (31.85) to Mar. 2016 (47.65). It may suggest that Ballantyne Strong Inc delayed 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 Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7.712/14.769*365 / 4
=47.65

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Ballantyne Strong Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 30.5653.2851.3262.10100.5875.5641.4854.0342.8935.75

Ballantyne Strong Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 42.1148.6046.3452.9536.2831.8539.1335.5631.3647.65
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