Noodles (Noodles) Days Sales Outstanding : 0.86 (As of Dec. 2023)

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What is Noodles Days Sales Outstanding?

Noodles's average Accounts Receivable for the three months ended in Dec. 2023 was $1.2 Mil. Noodles's Revenue for the three months ended in Dec. 2023 was $124.3 Mil. Hence, Noodles's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.86.

The historical rank and industry rank for Noodles's Days Sales Outstanding or its related term are showing as below:

NDLS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.46 Med: 1.21 Max: 3.19
Current: 1.1

During the past 13 years, Noodles's highest Days Sales Outstanding was 3.19. The lowest was 0.46. And the median was 1.21.

NDLS's Days Sales Outstanding is ranked better than
96.76% of 339 companies
in the Restaurants industry
Industry Median: 11.62 vs NDLS: 1.10

Noodles's Days Sales Outstanding declined from Dec. 2022 (1.33) to Dec. 2023 (0.86).

Noodles Days Sales Outstanding Historical Data

The historical data trend for Noodles's Days Sales Outstanding 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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Noodles Days Sales Outstanding Chart

Noodles Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.87

0.51

0.46

0.97

1.12

Noodles Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															1.33	1.38	1.17	0.98	0.86

Competitive Comparison of Noodles's Days Sales Outstanding

For the Restaurants subindustry, Noodles's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Noodles's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Noodles's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Noodles's Days Sales Outstanding falls into.

Noodles Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Noodles's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.05	+	1.043)	/	2 )	/	503.405	*	365
=	1.5465					/	503.405	*	365
=	1.12

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

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.303	+	1.043)	/	2 )	/	124.32	*	365 / 4
=	1.173					/	124.32	*	365 / 4
=	0.86

Noodles (NAS:NDLS) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Noodles Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Noodles's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Noodles (Noodles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Noodles & Co (NAS:NDLS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NO3:Germany

Address

520 Zang Street, Suite D, Broomfield, CO, USA, 80021

Website

https://www.noodles.com

Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services.

Executives

Michael Hynes	officer: Chief Financial Officer	520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Kline Corey	officer: EVP - Technology	520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Thomas B West	officer: EVP - Operations	520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Mill Road Capital Iii, L.p.	10 percent owner	C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Melissa Heidman	officer: EVP & General Counsel	520 ZANG STREET, UNIT D, BROOMFIELD CO 80021
Kathryn Rae Lockhart	officer: Vice President & Controller	520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Mill Road Capital Iii Gp Llc	10 percent owner	C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Jeffrey W Jones	director	P O BOX 7, VAIL CO 81658
Shawn A Taylor	director	4931 MENO PARK DRIVE, SUGARLAND TX 77479
Mill Road Capital Ii, L.p.	10 percent owner	382 GREENWICH AVE., SUITE ONE, GREENWICH CT 06830
Sue Petersen	officer: EVP-Inclusion, Divers, People	520 ZANG ST., UNIT D, BROOMFIELD CO 80021
David James Boennighausen	officer: Chief Financial Officer	520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Catterton-noodles Holdings, Llc	10 percent owner	599 W PUTNAM AVE, STE 200, GREENWICH CT 06831
Carl E Lukach	officer: Chief Financial Officer	520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Stacey Pool	officer: Chief Marketing Officer	520 ZANG ST., UNIT D, BROOMFIELD CO 80021