BDL (Flanigan'S Enterprises) Days Payable : 16.38 (As of Jun. 2024)

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What is Flanigan'S Enterprises Days Payable?

Flanigan'S Enterprises's average Accounts Payable for the three months ended in Jun. 2024 was $7.6 Mil. Flanigan'S Enterprises's Cost of Goods Sold for the three months ended in Jun. 2024 was $42.4 Mil. Hence, Flanigan'S Enterprises's Days Payable for the three months ended in Jun. 2024 was 16.38.

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

BDL' s Days Payable Range Over the Past 10 Years
Min: 21.28 Med: 34.71 Max: 36.64
Current: 21.94

During the past 13 years, Flanigan'S Enterprises's highest Days Payable was 36.64. The lowest was 21.28. And the median was 34.71.

BDL's Days Payable is ranked worse than
81.33% of 332 companies
in the Restaurants industry
Industry Median: 37.235 vs BDL: 21.94

Flanigan'S Enterprises's Days Payable declined from Jun. 2023 (19.22) to Jun. 2024 (16.38). It may suggest that Flanigan'S Enterprises accelerated paying its suppliers.

Flanigan'S Enterprises Days Payable Historical Data

The historical data trend for Flanigan'S Enterprises'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.

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Flanigan'S Enterprises Days Payable Chart

Flanigan'S Enterprises Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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36.37

35.97

28.08

21.28

23.42

Flanigan'S Enterprises Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															19.22	35.93	22.52	20.41	16.38

Competitive Comparison of Flanigan'S Enterprises's Days Payable

For the Restaurants subindustry, Flanigan'S Enterprises'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.

Flanigan'S Enterprises's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Flanigan'S Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Flanigan'S Enterprises's Days Payable falls into.

Flanigan'S Enterprises 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.

Flanigan'S Enterprises's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (8.111	+	9.271)	/	2 )	/	135.471	*	365
=	8.691					/	135.471	*	365
=	23.42

Flanigan'S Enterprises's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (7.748	+	7.462)	/	2 )	/	42.376	*	365 / 4
=	7.605					/	42.376	*	365 / 4
=	16.38

Flanigan'S Enterprises Days Payable Related Terms

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Flanigan'S Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Flanigan'S Enterprises Inc (AMEX:BDL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5059 N.E. 18th Avenue, Fort Lauderdale, FL, USA, 33334

Website

https://www.flanigans.net

Flanigan'S Enterprises Inc operates as a chain of small cocktail lounges and packages liquor stores throughout South Florida. Its menu consists of a wide variety of options including prime rib, steaks, pasta, entree salads, burgers, a variety of sandwiches, and oversized signature desserts. The business activity is principally conducted in two segments namely Restaurant and Package liquor store segment. Its Restaurant segment offers alcoholic beverages and full food service and Package stores consist of retail liquor sales and related items. The company generates maximum revenue from Restaurant segment.

Executives

E. Mary Bennett	director	2168 CENTERVIEW CT N, CLEARWATER FL 33759
Christopher Barry Oneil	director	4101 NE 26TH AVENUE, LIGHTHOUSE POINT FL 33064
August Bucci	director, officer: Chief Operating Officer	13078 NORTHWEST 23RD ST, PEMBROKE PINES FL 33028
James Ii Flanigan	director, officer: President	5059 NORTHEAST 18TH AVE, FORT LAUDERDALE FL 33334
Jeffrey D Kastner	director, officer: CFO & Secretary	5059 N.E. 18TH AVENUE, FORT LAUDERDALE FL 33334
Christopher Jeff Nelms	director	724 SE 17TH TERRACE, DEERFIELD BEACH FL 33441
Michael B Flanigan	director	601 OVERLOOK DRIVE, STUART FL 34994
Barbara J Kronk	director	9990 N.W. 39TH STREET, HOLLYWOOD FL 33024
Jean Picard	officer: VP of Package Operations	8351 NORTHWEST 166TH TERRACE, MIAMI FL 33016
Patrick J Flanigan	director	1750 NORTHWEST RIVER TRAIL, STUART FL 34994
Joseph G Flanigan	director, officer: Chariman & CEO	6 GATEHOUSE ROAD, SEA RANCH LAKES FL 33308