Better Choice Co (Better Choice Co) Change In Receivables : $2.39 Mil (TTM As of Dec. 2023)

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What is Better Choice Co Change In Receivables?

Better Choice Co's change in receivables for the quarter that ended in Dec. 2023 was $4.22 Mil. It means Better Choice Co's Accounts Receivable declined by $4.22 Mil from Sep. 2023 to Dec. 2023 .

Better Choice Co's change in receivables for the fiscal year that ended in Dec. 2023 was $2.39 Mil. It means Better Choice Co's Accounts Receivable declined by $2.39 Mil from Dec. 2022 to Dec. 2023 .

Better Choice Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $4.35 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. Better Choice Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 69.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Better Choice Co's liquidation value for the three months ended in Dec. 2023 was $-2.73 Mil.

Better Choice Co Change In Receivables Historical Data

The historical data trend for Better Choice 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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Better Choice Co Change In Receivables Chart

Better Choice Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.10

1.19

-2.14

-0.07

2.39

Better Choice Co Quarterly Data
	Feb19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															2.84	0.43	0.53	-2.79	4.22

Better Choice 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.39 Mil.

Better Choice Co (AMEX:BTTR) 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.

Better Choice Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.354	/	5.702	*	91
=	69.68

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

Better Choice Co'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)
=	4.455	-	13.759	+	0.75 * 4.354	+	0.5 * 6.611
=	-2.73

Better Choice Co Change In Receivables Related Terms

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Better Choice Co (Better Choice Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Better Choice Co Inc (AMEX:BTTR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

12400 Race Track Road, Tampa, FL, USA, 33626

Website

https://www.betterchoicecompany.com

Better Choice Co Inc is a pet health and wellness portfolio company, offering consumers a wide variety of recognized premium pet products and hemp-derived CBD supplements. Its portfolio includes kibble and canned dog and cat food, freeze-dried raw dog food and treats, vegan dog food and treats, oral care products, supplements and grooming aids. Its core products sold under the Halo brand are sustainably sourced, derived from real whole meat and no rendered meat meal and include non-GMO fruits and vegetables. Its core products sold under the TruDog brand are made according to nutritional philosophy of fresh, meat-based nutrition and minimal processing. The company manages its entire business in one operating segment.

Executives

Michael Young	director	12400 RACE TRACK ROAD, TAMPA FL 33626
Donald Young	officer: EVP, Sales	12400 RACE TRACK ROAD, TAMPA FL 33626
Robert Sauermann	officer: COO	12400 RACE TRACK ROAD, TAMPA FL 33626
Scott Lerner	officer: CEO	12400 RACE TRACK ROAD, TAMPA FL 33626
Sharla A Cook	officer: CFO	12400 RACE TRACK ROAD, TAMPA FL 33626
Word John M Iii	director, 10 percent owner	12400 RACE TRACK ROAD, TAMPA FL 33626
Lionel F. Conacher	director	C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Arlene Dickinson	director	12400 RACE TRACK ROAD, TAMPA FL 33626
Gil Fronzaglia	director	12400 RACE TRACK ROAD, TAMPA FL 33626
Jeff D Davis	director	12400 RACE TRACK ROAD, TAMPA FL 33626
Lori Taylor	director	12400 RACE TRACK ROAD, TAMPA FL 33626
David Richard Lelong	director, 10 percent owner, officer: President	70 WASHINGTON ST., APT. 6K, BROOKLYN NY 11201
Michael S Morrow	director, 10 percent owner, officer: Chairman and President	4791 S KINGS ROW DRIVE APT 23, SALT LAKE CITY X1 84117-5993