Cava Group (Cava Group) Change In Receivables : $-11.3 Mil (TTM As of Dec. 2023)

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What is Cava Group Change In Receivables?

Cava Group's change in receivables for the quarter that ended in Dec. 2023 was $6.5 Mil. It means Cava Group's Accounts Receivable declined by $6.5 Mil from Sep. 2023 to Dec. 2023 .

Cava Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-24.7 Mil. It means Cava Group's Accounts Receivable increased by $24.7 Mil from Dec. 2022 to Dec. 2023 .

Cava Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $3.7 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. Cava Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 1.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cava Group's liquidation value for the three months ended in Dec. 2023 was $-75.0 Mil.

Cava Group Change In Receivables Historical Data

The historical data trend for Cava Group'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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Cava Group Change In Receivables Chart

Cava Group Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.90

-35.86

-24.67

Cava Group Quarterly Data
	Sep21	Dec21	Apr22	Sep22	Dec22	Apr23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-0.90	-0.74	-8.82	-8.96	6.46

Cava Group 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 $-11.3 Mil.

Cava Group (NYSE:CAVA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.662	/	177.17	*	91
=	1.89

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

Cava Group'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)
=	332.428	-	412.955	+	0.75 * 3.662	+	0.5 * 5.637
=	-75.0

Cava Group Change In Receivables Related Terms

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Cava Group (Cava Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cava Group Inc (NYSE:CAVA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Ridge Square NW, Suite 500,, Washington, DC, USA, 20016

Website

https://www.cava.com

Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen.

Executives

Philippe Amouyal	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Jennifer Somers	officer: Chief Operations Officer	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Kenneth Robert Bertram	officer: CLO & Secretary	3404 CHOCO CHASE, MECHNICSBURG NY 17055
Tricia K. Tolivar	officer: Chief Financial Officer	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Todd Klein	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Theodoros Xenohristos	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Swan Hospitality 4 Llc	10 percent owner	108 LOUDOUN STREET SW, LEESBURG VA 20175
Act Iii Holdings Llc	10 percent owner	23 PRESCOTT STREET, BROOKLINE MA 02446
Adam David Phillips	officer: Chief Accounting Officer	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Benjamin Felt	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
David Bosserman	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Brett Schulman	director, 10 percent owner, officer: CEO and President	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Cava Act Iii Trust, Llc	10 percent owner	23 PRESCOTT STREET, BROOKLINE MA 02446
Cava Act Iii, Llc	10 percent owner	23 PRESCOTT STREET, BROOKLINE MA 02446
Todd D Klein	director	1717 RHODE ISLAND AVENUE, N.W., 10TH FLOOR, WASHINGTON DC 20036