Bowlero (Bowlero) Days Inventory : 5.80 (As of Dec. 2023)

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What is Bowlero Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bowlero's Average Total Inventories for the three months ended in Dec. 2023 was $14 Mil. Bowlero's Cost of Goods Sold for the three months ended in Dec. 2023 was $215 Mil. Hence, Bowlero's Days Inventory for the three months ended in Dec. 2023 was 5.80.

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

BOWL' s Days Inventory Range Over the Past 10 Years
Min: 5.55 Med: 6.15 Max: 8.03
Current: 5.89

During the past 4 years, Bowlero's highest Days Inventory was 8.03. The lowest was 5.55. And the median was 6.15.

BOWL's Days Inventory is ranked better than
77.81% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs BOWL: 5.89

Bowlero's Days Inventory increased from Dec. 2022 (5.73) to Dec. 2023 (5.80). It might indicate that Bowlero's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bowlero's Inventory Turnover for the three months ended in Dec. 2023 was 15.73.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Bowlero's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.04.

Bowlero Days Inventory Historical Data

The historical data trend for Bowlero's Days Inventory 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.

Bowlero Days Inventory Chart

Bowlero Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Inventory

6.72

8.03

5.57

5.55

Bowlero Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										5.73	5.60	5.84	6.15	5.80

Competitive Comparison of Bowlero's Days Inventory

For the Leisure subindustry, Bowlero's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Bowlero's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bowlero's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bowlero's Days Inventory falls into.

Bowlero Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Bowlero's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (10.31	+	11.47)	/	2 )	/	716.384	*	365
=	10.89					/	716.384	*	365
=	5.55

Bowlero's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13.183	+	14.166)	/	2 )	/	215.09	*	365 / 4
=	13.6745					/	215.09	*	365 / 4
=	5.80

Bowlero (NYSE:BOWL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Bowlero's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	215.09	/	13.6745
	=	15.73

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Bowlero's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.6745	/	305.671
	=	0.04

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Bowlero Days Inventory Related Terms

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

Bowlero (Bowlero) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bowlero Corp (NYSE:BOWL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7313 Bell Creek Road, Mechanicsville, VA, USA, 23111

Website

https://www.bowlerocorp.com

Bowlero Corp is a operator of bowling entertainment centers. It operate traditional bowling centers and more upscale entertainment concepts with lounge seating, arcades, enhanced food and beverage offerings, and more robust customer service for individuals and group events, as well as hosting and overseeing professional and non-professional bowling tournaments and related broadcasting.

Executives

John Alan Young	director	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Robert M. Lavan	officer: Chief Financial Officer	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
A-b Parent Llc	director, 10 percent owner	C/O ATAIROS GROUP INC, 40 MORRIS AVE, BRYN MAWR PA 19010
Jeffrey C Kostelni	officer: Chief Accounting Officer	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Brett I. Parker	officer: Chief Financial Officer	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Thomas F. Shannon	director, officer: Chief Executive Officer	C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Alberto Perlman	director	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
George A. Barrios	director	C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Michelle D Wilson	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Apollo Spac Fund I, L.p.	10 percent owner	27 HOSPITAL ROAD, GEORGE TOW E9 KY1-9008
Cobalt Group, Llc	director	C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Cobalt Recreation Llc	director	C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Nicole M. Weinberger	officer: Chief Customer Off. & CEO, PBA	C/O BOWLERO CORP., 222 W. 44TH STREET, NEW YORK NY 10036
Rachael A. Wagner	director, 10 percent owner	C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019