Karat Packaging (Karat Packaging) Change In Receivables : $2.9 Mil (TTM As of Mar. 2024)

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What is Karat Packaging Change In Receivables?

Karat Packaging's change in receivables for the quarter that ended in Mar. 2024 was $-2.3 Mil. It means Karat Packaging's Accounts Receivable increased by $2.3 Mil from Dec. 2023 to Mar. 2024 .

Karat Packaging's change in receivables for the fiscal year that ended in Dec. 2023 was $2.9 Mil. It means Karat Packaging's Accounts Receivable declined by $2.9 Mil from Dec. 2022 to Dec. 2023 .

Karat Packaging's Accounts Receivable for the quarter that ended in Mar. 2024 was $30.1 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. Karat Packaging's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Karat Packaging's liquidation value for the three months ended in Mar. 2024 was $-9.8 Mil.

Karat Packaging Change In Receivables Historical Data

The historical data trend for Karat Packaging'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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Karat Packaging Change In Receivables Chart

Karat Packaging Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-6.65

-3.70

-8.94

1.85

2.86

Karat Packaging Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-2.41	0.35	-1.34	6.26	-2.34

Karat Packaging 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.9 Mil.

Karat Packaging (NAS:KRT) 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.

Karat Packaging's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	30.111	/	95.613	*	91
=	28.74

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

Karat Packaging's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	46.659	-	118.646	+	0.75 * 30.111	+	0.5 * 79.272
=	-9.8

Karat Packaging Change In Receivables Related Terms

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Karat Packaging (Karat Packaging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Karat Packaging Inc (NAS:KRT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

0WJ:Germany

Address

6185 Kimball Avenue, Chino, CA, USA, 91708

Website

https://www.karatpackaging.com

Karat Packaging Inc is engaged in the manufacturing and distribution of disposable products used in restaurants and food service settings. It offers products for the foodservice industry, including food packaging, containers, tableware, cups, lids, cutlery, and straws. These products are available in plastic, paper, biopolymer-based and other compostable forms.

Executives

Wang Joanne Tzu Jung	officer: Chief Operating Officer	6185 KIMBALL AVE., CHINO CA 91708
Daniel Quire	officer: Chief Revenue Officer	6185 KIMBALL AVENUE, CHINO CA 91708
Marvin Cheng	officer: VP-Manufacturing, Secy	6185 KIMBALL AVE., CHINO CA 91708
Alan Yu	director, 10 percent owner, officer: CEO and Chairman of the BOD	6185 KIMBALL AVE., CHINO CA 91708
Jian Guo	officer: Chief Financial Officer	6185 KIMBALL AVENUE, CHINO CA 91708
Eve Yen	director	4651 SCHAEFER AVENUE, CHINO CA 91710
Peter Lee	officer: Interim CFO	6185 KIMBALL AVENUE, CHINO CA 91708
Ann T Sabahat	officer: Chief Financial Officer	11 MUSICK, IRVINE CA 92618
Paul Y Chen	director	9660 FLAIR DR, STE 300, EL MONTE CA 91731
Eric K Chen	director	6330 SPRING MOUNTAIN RD, STE D, LAS VEGAS NV 89146