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Tattooed Chef (STU:F7M) Accounts Receivable : €23.5 Mil (As of Mar. 2023)


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What is Tattooed Chef Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tattooed Chef's accounts receivables for the quarter that ended in Mar. 2023 was €23.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tattooed Chef's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 38.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tattooed Chef's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was €-0.76.


Tattooed Chef Accounts Receivable Historical Data

The historical data trend for Tattooed Chef's Accounts Receivable 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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Tattooed Chef Accounts Receivable Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Receivable
8.50 13.38 22.23 19.80

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.06 30.57 24.28 19.80 23.47

Tattooed Chef Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Tattooed Chef Accounts Receivable 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 receivables are being managed.

Tattooed Chef's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.47/55.192*91
=38.80

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Tattooed Chef's accounts receivable are only considered to be worth 75% of book value:

Tattooed Chef's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.277+0.75 * 23.47+0.5 * 55.441-111.795
-0-0.351)/83.6584
=-0.76

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Tattooed Chef Accounts Receivable Related Terms

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Tattooed Chef (STU:F7M) Business Description

Traded in Other Exchanges
N/A
Address
6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of innovative frozen foods. The company supplies plant-based products to leading retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.

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