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Bowlin Travel Centers (Bowlin Travel Centers) Cash Conversion Cycle : 54.95 (As of Jan. 2011)


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What is Bowlin Travel Centers Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Bowlin Travel Centers's Days Sales Outstanding for the six months ended in Jan. 2011 was 0.83.
Bowlin Travel Centers's Days Inventory for the six months ended in Jan. 2011 was 71.12.
Bowlin Travel Centers's Days Payable for the six months ended in Jan. 2011 was 17.
Therefore, Bowlin Travel Centers's Cash Conversion Cycle (CCC) for the six months ended in Jan. 2011 was 54.95.


Bowlin Travel Centers Cash Conversion Cycle Historical Data

The historical data trend for Bowlin Travel Centers's Cash Conversion Cycle 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.

Bowlin Travel Centers Cash Conversion Cycle Chart

Bowlin Travel Centers Annual Data
Trend Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.15 50.50 55.47 61.98 54.95

Bowlin Travel Centers Semi-Annual Data
Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.15 50.50 55.47 61.98 54.95

Competitive Comparison of Bowlin Travel Centers's Cash Conversion Cycle

For the Specialty Retail subindustry, Bowlin Travel Centers's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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.


Bowlin Travel Centers's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bowlin Travel Centers's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bowlin Travel Centers's Cash Conversion Cycle falls into.



Bowlin Travel Centers Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Bowlin Travel Centers's Cash Conversion Cycle for the fiscal year that ended in Jan. 2011 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0.83+71.12-17
=54.95

Bowlin Travel Centers's Cash Conversion Cycle for the quarter that ended in Jan. 2011 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0.83+71.12-17
=54.95

* 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.


Bowlin Travel Centers  (OTCPK:BWTL) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Bowlin Travel Centers Cash Conversion Cycle Related Terms

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Bowlin Travel Centers (Bowlin Travel Centers) Business Description

Traded in Other Exchanges
N/A
Address
150 Louisiana Boulevard NE, Albuquerque, NM, USA, 87108
Bowlin Travel Centers Inc operates several travel centers and restaurants located along interstate highways in New Mexico and Arizona. Some of its travel centers also offer fuel and full-service restaurants under the Dairy Queen/Brazier, Dairy Queen, or Subway trade names. All of the company's travel centers offer a variety of Southwestern merchandise to the traveling public in the Southwestern United States, and New Mexico. It also operates a convenience store selling chips, nuts, cookies, and prepackaged sandwiches, along with a variety of bottled and canned drinks.
Executives
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Yorktown Avenue Capital, Llc 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Jonathan Brooks 10 percent owner 2201 NORTH BEVERLY DR., BEVERLY HILLS CA 90210

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