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Bowl America Inc's accounts payable for the three months ended in Sep. 2014 was $0.50 Mil. Bowl America Inc's cost of goods sold for the three months ended in Sep. 2014 was $1.96 Mil. Hence, Bowl America Inc's days accounts payable for the three months ended in Sep. 2014 was 23.04.
Bowl America Inc's days accounts payable increased from Sep. 2013 (19.67) to Sep. 2014 (23.04). It may suggest that Bowl America Inc delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Bowl America Inc's Days Accounts Payable for the fiscal year that ended in Jun. 2014 is calculated as
Bowl America Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Bowl America Inc Annual Data
|Days Accts Payable||48.23||35.18||34.83||35.69||33.69||26.47||25.30||30.87||31.20||30.46|
Bowl America Inc Quarterly Data
|Days Accts Payable||37.31||32.53||23.02||29.02||34.08||19.67||21.06||23.55||34.67||23.04|