BGSF (BGSF) Days Payable

: 0.33 (As of Dec. 2023)

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BGSF's average Accounts Payable for the three months ended in Dec. 2023 was $0.2 Mil. BGSF's Cost of Goods Sold for the three months ended in Dec. 2023 was $48.1 Mil. Hence, BGSF's Days Payable for the three months ended in Dec. 2023 was 0.33.

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

BGSF' s Days Payable Range Over the Past 10 Years
Min: 0.56 Med: 1.36 Max: 4.02
Current: 0.56

During the past 13 years, BGSF's highest Days Payable was 4.02. The lowest was 0.56. And the median was 1.36.

BGSF's Days Payable is ranked worse than
98.81% of 927 companies
in the Business Services industry
Industry Median: 47.71 vs BGSF: 0.56

BGSF's Days Payable declined from Dec. 2022 (1.07) to Dec. 2023 (0.33). It may suggest that BGSF accelerated paying its suppliers.

BGSF Days Payable Historical Data

The historical data trend for BGSF'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.

* Premium members only.

BGSF Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.76

0.90

0.72

0.93

0.62

BGSF 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															1.07	1.07	0.56	0.28	0.33

Competitive Comparison

For the Staffing & Employment Services subindustry, BGSF'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.

BGSF Days Payable Distribution

For the Business Services industry and Industrials sector, BGSF's Days Payable distribution charts can be found below:

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

BGSF 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.

BGSF'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
=	( (0.587	+	0.095)	/	2 )	/	201.383	*	365
=	0.341					/	201.383	*	365
=	0.62

BGSF'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
=	( (0.25	+	0.095)	/	2 )	/	48.12	*	365 / 4
=	0.1725					/	48.12	*	365 / 4
=	0.33

BGSF Days Payable Related Terms

Thank you for viewing the detailed overview of BGSF's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

BGSF (BGSF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BGSF Inc (NYSE:BGSF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BGK0:Germany

Address

5850 Granite Parkway, Suite 730, Plano, TX, USA, 75024

Website

https://www.bgsf.com

BGSF Inc is engaged in providing temporary staffing services. The company has expertise in Real Estate, Professional, and Light Industrial sectors. The majority of its revenue comes from the Professional segment that provides skilled field talent on a nationwide basis for information technology & finance, accounting, legal and human resource client partner projects on a national basis. The services offered by the company include Staffing and Recruiting, Executive Search, Project & Consulting, and Onsite Management.

Executives

Douglas Hailey	director	861 MAGGIES WAY, WATERBURY CENTER VT 05677
Donna Carroll	director	5850 GRANITE PARKWAY #730, PLANO TX 75024
John R Barnett	officer: CFO and Secretary	111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Allen C. David Jr	director	805 HUNTINGTON COURT, SOUTHLAKE TX 76092
Baum Richard L Jr	director	10 KINZEL LANE, WEST ORANGE NJ 07052
Paul Seid	director	22 WOODHAVEN DRIVE, NEW CITY NY 10956
Cynthia Marshall	director	5850 GRANITE PARKWAY STE 730, PLANO TX 75024
Dan Hollenbach	officer: CFO and Secretary	C/O BG STAFFING, INC., 5850 GRANITE PARKWAY, SUITE 730, PLANO TX 75024
Beth Garvey	officer: Chief Operating Officer	4528 DAFFODIL TRAIL, PLANO TX 75093
Baker L. Allen Jr.	director, officer: President and CEO	7338 MAY HALL DRIVE, FRISCO TX 75034
Robert G Weinrich	officer: interim CFO and Secretary	158 NATCHES TRACE, COPPELL TX 75019
Michael A Rutledge	officer: CFO and Secretary	5000 LEGACY DR, SUITE 350, PLANO TX 75024