The Real Good Food Company (The Real Good Food Company) Change In Receivables : $-12.3 Mil (TTM As of Sep. 2023)

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What is The Real Good Food Company Change In Receivables?

The Real Good Food Company's change in receivables for the quarter that ended in Sep. 2023 was $-6.9 Mil. It means The Real Good Food Company's Accounts Receivable increased by $6.9 Mil from Jun. 2023 to Sep. 2023 .

The Real Good Food Company's change in receivables for the fiscal year that ended in Dec. 2022 was $-11.3 Mil. It means The Real Good Food Company's Accounts Receivable increased by $11.3 Mil from Dec. 2021 to Dec. 2022 .

The Real Good Food Company's Accounts Receivable for the quarter that ended in Sep. 2023 was $29.8 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. The Real Good Food Company's Days Sales Outstanding for the three months ended in Sep. 2023 was 48.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Real Good Food Company's liquidation value for the three months ended in Sep. 2023 was $-143.9 Mil.

The Real Good Food Company Change In Receivables Historical Data

The historical data trend for The Real Good Food Company'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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The Real Good Food Company Change In Receivables Chart

The Real Good Food Company Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Change In Receivables

1.39

-1.02

-5.50

-11.35

The Real Good Food Company Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial										-4.15	-2.81	0.41	-3.00	-6.93

The Real Good Food Company 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.3 Mil.

The Real Good Food Company (NAS:RGF) 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.

The Real Good Food Company's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	29.829	/	55.565	*	91
=	48.99

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

The Real Good Food Company's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.078	-	195.428	+	0.75 * 29.829	+	0.5 * 58.133
=	-143.9

The Real Good Food Company Change In Receivables Related Terms

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The Real Good Food Company (The Real Good Food Company) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Real Good Food Company Inc (NAS:RGF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002

Website

https://www.realgoodfoods.com

The Real Good Food Company Inc is an innovative, high-growth, branded, health- and wellness-focused frozen food company. It develops, markets, and manufactures delicious and convenient comfort foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients that are intended to be sold in the health and wellness segment of the frozen food category. All of its revenue is derived from the United States.

Executives

Bryan T. Freeman	director, 10 percent owner, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
David Kanen	10 percent owner	6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Focused Growth & Income Fund	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Fund, Lp	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Mark Joseph Nelson	director	LOCAL BOUNTI CORPORATION, 220 W MAIN STREET, HAMILTON MT 59840
Gerard Garfield Law	director, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
De Cardenas Gilbert B.	director	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Akshay Jagdale	officer: Chief Financial Officer	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Strand Equity Partners Iii, Llc	10 percent owner	1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067
Josh Schreider	10 percent owner	3 EXECUTIVE CAMPUS, SUITE 155, CHERRYL HILL NJ 08002
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Andrew J Stiffelman	10 percent owner, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Deanna T Brady	director	1 HORMEL STREET, AUSTIN MN 55912
Seth Rodsky	10 percent owner	1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067