Nathan's Famous (Nathan's Famous) Change In Receivables : $-1.2 Mil (TTM As of Dec. 2023)

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What is Nathan's Famous Change In Receivables?

Nathan's Famous's change in receivables for the quarter that ended in Dec. 2023 was $2.2 Mil. It means Nathan's Famous's Accounts Receivable declined by $2.2 Mil from Sep. 2023 to Dec. 2023 .

Nathan's Famous's change in receivables for the fiscal year that ended in Mar. 2023 was $-2.1 Mil. It means Nathan's Famous's Accounts Receivable increased by $2.1 Mil from Mar. 2022 to Mar. 2023 .

Nathan's Famous's Accounts Receivable for the quarter that ended in Dec. 2023 was $13.2 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. Nathan's Famous's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nathan's Famous's liquidation value for the three months ended in Dec. 2023 was $-50.9 Mil.

Nathan's Famous Change In Receivables Historical Data

The historical data trend for Nathan's Famous'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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Nathan's Famous Change In Receivables Chart

Nathan's Famous Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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0.23

-1.01

-0.65

-1.91

-2.15

Nathan's Famous Quarterly Data
	Mar19	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															3.10	-2.37	-6.23	5.23	2.15

Nathan's Famous 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 $-1.2 Mil.

Nathan's Famous (NAS:NATH) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.236	/	28.89	*	91
=	41.81

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

Nathan's Famous'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)
=	16.732	-	77.885	+	0.75 * 13.236	+	0.5 * 0.554
=	-50.9

Nathan's Famous Change In Receivables Related Terms

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Nathan's Famous (Nathan's Famous) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Nathan's Famous Inc (NAS:NATH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

NFA:Germany

Address

One Jericho Plaza, Second Floor - Wing A, Jericho, NY, USA, 11753

Website

https://www.nathansfamous.com

Nathan's Famous Inc is an owner of fast food franchises in the United States. The company's reportable segment includes the Branded Product Program, Product licensing, Restaurant operations and Corporate. Branded Product Program derives revenue principally from the sale of hot dog products either directly to foodservice operators or to various foodservice distributors who resell the products to foodservice operators. It generates maximum revenue from the Branded Product Program segment. Geographically, it derives a majority of revenue from the United States.

Executives

Brian S Genson	director
Joanne Podell	director	ONE JERICHO PLAZA, JERICHO NY 11753
Robert E Steinberg	officer: VP Finance, CFO, Treasurer	NATHAN'S FAMOUS INC., ONE JERICHO PLAZA, JERICHO NY 11753
Andrew M Levine	director	C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Ronald G Devos	officer: VP-Fin, CFO and Secy
James Robert Walker	officer: SVP, Restaurants	C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Robert J Eide	director	70 EAST SUNRISE HIGHWAY STE 415, VALLEY STREAM NY 11581
Randy Watts	officer: VP - Franchise Operations	1400 OLD COUNTRY ROAD, SUITE 400, WESTBURY NY 11590
Leigh Platte	officer: Vice President, Food Service	C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Scott F. Harvey	officer: Executive Vice President	ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Donald P Schedler	officer: Vice President
Barry Leistner	director
Wayne Norbitz	director, officer: President
Donald L Perlyn	director, officer: Executive Vice President
Howard M Lorber	director, 10 percent owner, officer: Executive Chairman	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137