Wingstop (Wingstop) Change In Receivables

: $-2.9 Mil (TTM As of Dec. 2023)

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Wingstop's change in receivables for the quarter that ended in Dec. 2023 was $-0.5 Mil. It means Wingstop's Accounts Receivable increased by $0.5 Mil from Sep. 2023 to Dec. 2023 .

Wingstop's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.9 Mil. It means Wingstop's Accounts Receivable increased by $2.9 Mil from Dec. 2022 to Dec. 2023 .

Wingstop's Accounts Receivable for the quarter that ended in Dec. 2023 was $11.0 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. Wingstop's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wingstop's liquidation value for the three months ended in Dec. 2023 was $-736.4 Mil.

Wingstop Change In Receivables Historical Data

The historical data trend for Wingstop'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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Wingstop Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.50

0.25

-2.14

-2.47

-2.95

Wingstop Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																-0.63	-0.68	-0.61	-1.20	-0.46

Wingstop 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.9 Mil.

Wingstop (NAS:WING) 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.

Wingstop's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.028	/	127.057	*	91
=	7.92

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

Wingstop's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	90.216	-	835.191	+	0.75 * 11.028	+	0.5 * 0.535
=	-736.4

Wingstop Change In Receivables Related Terms

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Wingstop (Wingstop) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Wingstop Inc (NAS:WING) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

EWG:Germany

Address

15505 Wright Brothers Drive, Addison, TX, USA, 75001

Website

https://www.wingstop.com

Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.

Executives

Donnie Upshaw	officer: Senior Vice President, People	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Anne C Fischer	officer: SVP, Chief Growth Officer	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Wesley S Mcdonald	director
Michael Skipworth	officer: Corporate Controller	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Raj Kapoor	officer: SVP, Pres. of International	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand	director	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Marisa Carona	officer: VP Strategy & Chief of Staff	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Stacy Peterson	officer: Chief Information Officer	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Albert G Mcgrath	officer: See Remarks	C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Craig M Sherwood	officer: SVP, U.S. Development	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Ania Smith	director	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida	officer: SVP, Chief Financial Officer	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Nicolas Boudet	officer: See Remarks	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Charles R Morrison	director, officer: President and CEO	3551 PLANO PKWY, THE COLONY TX 75056
Mahesh Sadarangani	officer: See remarks	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240