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Pizza Pizza Royalty (TSX:PZA) Change In Receivables : C$-0.40 Mil (TTM As of Dec. 2023)


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What is Pizza Pizza Royalty Change In Receivables?

Pizza Pizza Royalty's change in receivables for the quarter that ended in Dec. 2023 was C$-0.29 Mil. It means Pizza Pizza Royalty's Accounts Receivable increased by C$0.29 Mil from Sep. 2023 to Dec. 2023 .

Pizza Pizza Royalty's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.40 Mil. It means Pizza Pizza Royalty's Accounts Receivable increased by C$0.40 Mil from Dec. 2022 to Dec. 2023 .

Pizza Pizza Royalty's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.36 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. Pizza Pizza Royalty's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pizza Pizza Royalty's liquidation value for the three months ended in Dec. 2023 was C$-67.41 Mil.

Pizza Pizza Royalty Change In Receivables Historical Data

The historical data trend for Pizza Pizza Royalty'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.

* Premium members only.

Pizza Pizza Royalty Change In Receivables Chart

Pizza Pizza Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 0.57 -0.36 -0.46 -0.40

Pizza Pizza Royalty Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.31 0.06 -0.37 0.20 -0.29

Pizza Pizza Royalty 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 C$-0.40 Mil.

* 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.

Pizza Pizza Royalty  (TSX:PZA) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.355/10.521*91
=3.08

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

Pizza Pizza Royalty'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)
=8.505-76.184+0.75 * 0.355+0.5 * 0
=-67.41

* 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.

Pizza Pizza Royalty Change In Receivables Related Terms

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Pizza Pizza Royalty (TSX:PZA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Pizza Pizza Royalty Corp (TSX:PZA) » Definitions » Change In Receivables
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Traded in Other Exchanges
PZRIF:USA
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Website
https://www.pizzapizza.ca
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It offers a flavorful, varied, and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions in Canada.
Executives
Edward Peter Howard Nash Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)