Sweetgreen (Sweetgreen) Change In Receivables : $-0.5 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Sweetgreen Change In Receivables?

Sweetgreen's change in receivables for the quarter that ended in Mar. 2024 was $-2.1 Mil. It means Sweetgreen's Accounts Receivable increased by $2.1 Mil from Dec. 2023 to Mar. 2024 .

Sweetgreen's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.3 Mil. It means Sweetgreen's Accounts Receivable increased by $0.3 Mil from Dec. 2022 to Dec. 2023 .

Sweetgreen's Accounts Receivable for the quarter that ended in Mar. 2024 was $5.6 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. Sweetgreen's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sweetgreen's liquidation value for the three months ended in Mar. 2024 was $-123.5 Mil.

Sweetgreen Change In Receivables Historical Data

The historical data trend for Sweetgreen'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.

* Premium members only.

Sweetgreen Change In Receivables Chart

Sweetgreen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-1.48

-1.63

-12.73

-0.60

-0.26

Sweetgreen Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial											-1.82	-2.75	-2.08	6.39	-2.09

Sweetgreen 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 $-0.5 Mil.

Sweetgreen (NYSE:SG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.59	/	157.85	*	91
=	3.23

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

Sweetgreen'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)
=	243.756	-	372.424	+	0.75 * 5.59	+	0.5 * 1.854
=	-123.5

Sweetgreen Change In Receivables Related Terms

Thank you for viewing the detailed overview of Sweetgreen's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Sweetgreen (Sweetgreen) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sweetgreen Inc (NYSE:SG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3102 36th Street, Los Angeles, CA, USA, 90018

Website

https://www.sweetgreen.com

Sweetgreen Inc is a next-generation restaurant and lifestyle brand that serves healthy food at scale. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing.

Executives

Jonathan Neman	director, officer: Chief Executive Officer	C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Nicolas Jammet	director, officer: Chief Concept Officer	C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Nathaniel Ru	director, officer: Chief Brand Officer	C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Adrienne Gemperle	officer: Chief People Officer	C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
James Mcphail	officer: Chief Development Officer	C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Mitch Reback	officer: Chief Financial Officer	C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Wouleta Ayele	officer: Chief Technology Officer	C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Daniel Shlossman	officer: SVP, Digital and Growth	C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Chris Carr	officer: Chief Operating Officer	7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Clifford Burrows	director	2401 UTAH AVE. S., SUITE 800, SEATTLE WA 98134
Valerie B Jarrett	director	USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Julie Bornstein	director	C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Bradley E Singer	director	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Youngme E Moon	director	75 NETWORK DRIVE, BURLINGTON MA 01803
Stephen M Case	director	1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036