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Bowl America Inc (AMEX:BWL.A)
Days Payable
20.57 (As of Sep. 2016)

Bowl America Inc's payable for the three months ended in Sep. 2016 was $0.44 Mil. Bowl America Inc's cost of goods sold for the three months ended in Sep. 2016 was $1.95 Mil. Hence, Bowl America Inc's days payable for the three months ended in Sep. 2016 was 20.57.

BWL.A' s Days Payable Range Over the Past 10 Years
Min: 25.3   Max: 35.69
Current: 19.77

25.3
35.69

During the past 13 years, Bowl America Inc's highest Days Payable was 35.69. The lowest was 25.30. And the median was 30.83.

BWL.A's Days Payable is ranked lower than
77% of the 536 Companies
in the Global Leisure industry.

( Industry Median: 45.38 vs. BWL.A: 19.77 )

Bowl America Inc's days payable declined from Sep. 2015 (20.78) to Sep. 2016 (20.57). It may suggest that Bowl America 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.

Bowl America Inc's Days Payable for the fiscal year that ended in Jun. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.709/8.036*365
=32.20

Bowl America 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
=0.44/1.952*365 / 4
=20.57

* 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.

Bowl America Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 34.8335.6933.6926.4725.3030.1231.2030.4632.2029.60

Bowl America Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 34.6723.0423.8124.0336.5520.7824.3236.6530.2520.57
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