Good Times Restaurants (Good Times Restaurants) Change In Receivables : $0.4 Mil (TTM As of Mar. 2024)

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What is Good Times Restaurants Change In Receivables?

Good Times Restaurants's change in receivables for the quarter that ended in Mar. 2024 was $1.0 Mil. It means Good Times Restaurants's Accounts Receivable declined by $1.0 Mil from Dec. 2023 to Mar. 2024 .

Good Times Restaurants's change in receivables for the fiscal year that ended in Sep. 2023 was $0.6 Mil. It means Good Times Restaurants's Accounts Receivable declined by $0.6 Mil from Sep. 2022 to Sep. 2023 .

Good Times Restaurants's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.9 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Good Times Restaurants's Days Sales Outstanding for the three months ended in Mar. 2024 was 2.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Good Times Restaurants's liquidation value for the three months ended in Mar. 2024 was $-51.5 Mil.

Good Times Restaurants Change In Receivables Historical Data

The historical data trend for Good Times Restaurants's Change In Receivables 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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Good Times Restaurants Change In Receivables Chart

Good Times Restaurants Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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0.93

0.49

0.01

-0.29

0.58

Good Times Restaurants Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															1.09	-0.17	0.62	-1.11	1.01

Good Times Restaurants Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.4 Mil.

Good Times Restaurants (NAS:GTIM) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Good Times Restaurants's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.862	/	35.438	*	91
=	2.22

2. In Ben Graham's calculation of liquidation value, Good Times Restaurants's accounts receivable are only considered to be worth 75% of book value:

Good Times Restaurants's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4	-	56.82	+	0.75 * 0.862	+	0.5 * 1.434
=	-51.5

Good Times Restaurants Change In Receivables Related Terms

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Good Times Restaurants (Good Times Restaurants) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Good Times Restaurants Inc (NAS:GTIM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

651 Corporate Circle, No. 200, Golden, CO, USA, 80401

Website

https://www.goodtimesburgers.com

Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers; chicken; kids; breakfast; frozen custard; slides and drinks.

Executives

Donald L Stack	officer: SVP of Operations	651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Ryan M Zink	officer: Chief Financial Officer	141 UNION BOULEVARD #400, LAKEWOOD CO 80228
Jennifer C Stetson	director	3753 EL SERENO AVENUE, ALTADENTA CA 91001
Matthew Karnes	officer: Sr Vice President of Finance	651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Margaret E Regalia	officer: Vice President of Finance	651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Scott Lefever	officer: VICE PRESIDENT	601 CORPORATE CIRCLE, GOLDEN CO 80401
Charles E Jobson	10 percent owner
Robert J Stetson	director	14901 QUORUM DRIVE, DALLAS TX 75254
Susan M Knutson	officer: Controller	601 CORPORATE CIRCLE, GOLDEN CO 80401
Jason Maceda	director	C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021
Geoffrey R Bailey	director	601 CORPORATE CIRCLE, GOLDEN CO 80401
Boyd E Hoback	officer: President and CEO	601 CORPORATE CIRCLE, GOLDEN CO 80401
Alan A Teran	director	2126 KNOLLWOOD DR, BOULDER CO 80302
Eric W Reinhard	director	601 CORPORATE CIRCLE, GOLDEN CO 80401
Delta Partners Llc	10 percent owner	265 FRANKLIN STREET, SUITE 903, BOSTON MA 02110