SMPL (The Simply Good Foods Co) Change In Receivables : $-1 Mil (TTM As of May. 2024)

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What is The Simply Good Foods Co Change In Receivables?

The Simply Good Foods Co's change in receivables for the quarter that ended in May. 2024 was $1 Mil. It means The Simply Good Foods Co's Accounts Receivable declined by $1 Mil from Feb. 2024 to May. 2024 .

The Simply Good Foods Co's change in receivables for the fiscal year that ended in Aug. 2023 was $-13 Mil. It means The Simply Good Foods Co's Accounts Receivable increased by $13 Mil from Aug. 2022 to Aug. 2023 .

The Simply Good Foods Co's Accounts Receivable for the quarter that ended in May. 2024 was $146 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 Simply Good Foods Co's Days Sales Outstanding for the three months ended in May. 2024 was 39.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Simply Good Foods Co's liquidation value for the three months ended in May. 2024 was $-121 Mil.

The Simply Good Foods Co Change In Receivables Historical Data

The historical data trend for The Simply Good Foods Co'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 Simply Good Foods Co Change In Receivables Chart

The Simply Good Foods Co Annual Data

Trend

Aug16

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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-8.36

-18.29

-22.28

-21.80

-13.37

The Simply Good Foods Co Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Change In Receivables	Get a 7-Day Free Trial															2.57	-0.04	9.87	-11.78	1.20

The Simply Good Foods Co 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1 Mil.

The Simply Good Foods Co (NAS:SMPL) 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 Simply Good Foods Co's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	146.281	/	334.757	*	91
=	39.87

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

The Simply Good Foods Co's liquidation value for the quarter that ended in May. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	208.681	-	492.318	+	0.75 * 146.281	+	0.5 * 105.921
=	-121

The Simply Good Foods Co Change In Receivables Related Terms

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The Simply Good Foods Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Simply Good Foods Co (NAS:SMPL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

76L:Germany

Address

1225, 17th Street, Suite 1000, Denver, CO, USA, 80202

Website

http://www.thesimplygoodfoodscompany.com

The Simply Good Foods Co is a consumer packaged food and beverage company. It provides low-carbohydrate, high protein bars, shakes, and other products such as confections, chips, and cookies under the Atkins and Quest brands. The company distributes its products in retail channels, predominantly in North America, including grocery, club, and mass merchandise, as well as through e-commerce, convenience, and other channels.

Executives

Susan Hunsberger	officer: SVP and Chief HR Officer	1225 17TH STREET, SUITE 1000, DENVER CO 80202
Heflin Stuart E. Jr.	officer: SVP & General Manager, Quest	1225 17TH ST., SUITE 1000, DENVER CO 80202
Brian K. Ratzan	director	3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Timothy Richard Kraft	officer: Gen. Counsel & Corp. Secretary	THE SIMPLY GOOD FOODS COMPANY, 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Ryan Thomas	officer: SVP and GM Atkins marketing	1225 17TH ST., SUITE 1000, DENVER CO 80202
Jill M. Short	officer: Chief Customer Officer	1225 17TH STREET, SUITE 1000, DENVER CO 80202
Geoff E Tanner	director, officer: President and COO	ONE STRAWBERRY LANE, ORRVILLE OH 44667
Timothy Allen Matthews	officer: VP, Controller and CAO	1225 17TH STREET, SUITE 1000, DENVER CO 80202
Robert G. Montgomery	director	3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Jeremy Scott Ivie	officer: Chief Product Tech Officer	1225 17TH ST., SUITE 1000, DENVER CO 80202
Linda Zink	officer: Chief Marketing Officer Quest	1225 17TH ST., SUITE 1000, DENVER CO 80202
Joseph Scalzo	director, officer: CEO and President	1225 17TH STREET, SUITE 1000, DENVER CO 80202
Conyers Park Sponsor Llc	director, 10 percent owner	31 WEST 52ND STREET 22ND FLOOR, NEW YORK NY 10019
C Scott Parker	officer: Chief Marketing Officer	1225 17TH STREET, SUITE 1000, DENVER CO 80202
Joseph J Schena	director	C/O CONYERS PARK II ACQUISITION CORP., 1 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831