Solo Brands (Solo Brands) Change In Receivables : $-21.4 Mil (TTM As of Mar. 2024)

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What is Solo Brands Change In Receivables?

Solo Brands's change in receivables for the quarter that ended in Mar. 2024 was $3.9 Mil. It means Solo Brands's Accounts Receivable declined by $3.9 Mil from Dec. 2023 to Mar. 2024 .

Solo Brands's change in receivables for the fiscal year that ended in Dec. 2023 was $-16.3 Mil. It means Solo Brands's Accounts Receivable increased by $16.3 Mil from Dec. 2022 to Dec. 2023 .

Solo Brands's Accounts Receivable for the quarter that ended in Mar. 2024 was $39.0 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. Solo Brands's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solo Brands's liquidation value for the three months ended in Mar. 2024 was $-185.0 Mil.

Solo Brands Change In Receivables Historical Data

The historical data trend for Solo Brands'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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Solo Brands Change In Receivables Chart

Solo Brands Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.96

-2.46

-15.04

-5.92

-16.33

Solo Brands Quarterly Data
	Sep19	Dec19	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													8.92	-7.02	-7.37	-10.86	3.85

Solo Brands 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 $-21.4 Mil.

Solo Brands (NYSE:DTC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	39.033	/	85.324	*	91
=	41.74

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

Solo Brands'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)
=	15.411	-	285.835	+	0.75 * 39.033	+	0.5 * 112.333
=	-185.0

Solo Brands Change In Receivables Related Terms

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Solo Brands (Solo Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Solo Brands Inc (NYSE:DTC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Mustang Drive, Suite 121, Grapevine, TX, USA, 76051

Website

https://www.solostove.com

Solo Brands Inc is a Direct-To-Consumer (DTC) platform. It operates four premium outdoor lifestyle brands Solo Stove, Oru, ISLE, and Chubbies apparel. Solo Stove offers portable, low-smoke fire pits, grills, and camping stoves for backyard and outdoor use in different sizes, fire pit bundles, gear kits, stoves, cookware, dinnerware, and a variety of clothing and accessories. Oru offers a flagship line of lightweight, foldable kayaks. ISLE produces high-quality stand-up paddle boards with colorful designs that are engineered to accommodate every skill level, style, and interest. Chubbies is a fun-loving, premium apparel brand that offers well-fitted comfortable clothing. Solo Brands distributes its products through individual brand websites and other partners.

Executives

Somer Webb	officer: Chief Financial Officer	C/O SOLO BRANDS, INC., 1001 MUSTANG DRIVE, GRAPEVILLE TX 76051
Bertram Growth Capital Iii Annex Fund, L.p.	10 percent owner	950 TOWER LANE, SUITE 1000, FOSTER CITY CA 94404
Nb Crossroads Private Markets Fund V Holdings Lp	10 percent owner	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Bertram Growth Capital Iii, L.p.	10 percent owner	800 CONCAR DRIVE, SUITE 100, SAN MATEO CA 94402
Bertram Growth Capital Iii-a, L.p.	10 percent owner	800 CONCAR DRIVE, SUITE 100, SAN MATEO CA 94402
John Merris	director, officer: See Remarks	C/O SOLO BRANDS, INC., 1070 S. KIMBALL AVENUE, SUITE 121, SOUTHLAKE TX 76092
Michael C. Dennison	director	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
David Powers	director	495-A SOUTH FAIRVIEW AVE, GOLETA CA 93117
Samuel Morin Simmons	officer: Chief Financial Officer	C/O SOLO BRANDS, INC., 1070 S. KIMBALL AVENUE, SUITE 121, SOUTHLAKE TX 76092
Kent Roger Christensen	officer: General Counsel	C/O SOLO BRANDS, INC., 1070 S. KIMBALL AVENUE, SUITE 121, SOUTHLAKE TX 76092
Matthew Scott Webb	officer: Chief Operating Officer	C/O SOLO BRANDS, INC., 1070 S. KIMBALL AVENUE, SUITE 121, SOUTHLAKE TX 76092
Summit Partners L P	10 percent owner	222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Nb Select Opps Ii Mhf Lp	10 percent owner	325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Paul Furer	director	C/O SOLO BRANDS, INC., 1070 S. KIMBALL AVENUE, SUITE 121, SOUTHLAKE TX 76092
William R Castillo	officer: Chief Product Officer	C/O SOLO BRANDS, INC., 1070 S. KIMBALL AVENUE, SUITE 121, SOUTHLAKE TX 76092