TOFB has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TOFB has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Tofutti Brands's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Tofutti Brands's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .
Tofutti Brands's change in receivables for the fiscal year that ended in Dec. 2023 was $0.45 Mil. It means Tofutti Brands's Accounts Receivable declined by $0.45 Mil from Dec. 2022 to Dec. 2023 .
Tofutti Brands's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.89 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. Tofutti Brands's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.67.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tofutti Brands's liquidation value for the three months ended in Mar. 2024 was $1.59 Mil.
The historical data trend for Tofutti 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.
Tofutti Brands Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | 0.05 | -0.31 | 0.72 | 0.02 | 0.45 |
Tofutti Brands 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 | - | - | - | - | - |
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 $0.00 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.
Tofutti Brands (OTCPK:TOFB) 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.
Tofutti 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 |
= | 0.889 | / | 2.212 | * | 91 |
= | 36.67 |
2. In Ben Graham's calculation of liquidation value, Tofutti Brands's accounts receivable are only considered to be worth 75% of book value:
Tofutti 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) |
= | 0.351 | - | 0.65 | + | 0.75 * 0.889 | + | 0.5 * 2.453 |
= | 1.59 |
* 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.
Thank you for viewing the detailed overview of Tofutti Brands's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Efraim Mintz | director | TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07106 |
Joseph N Himy | director | 13-01 POLLITT DRIVE, FAIR LAWN NJ 07410 |
Scott Korman | director | C/O NASHONE, INC., 175 ELM ROAD, ENGLEWOOD NJ 07361 |
Neal S Axelrod | director | C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016 |
Steven Kass | officer: Chief Financial Officer | 50 JACKSON DRIVE, CRANFORD NJ 07016 |
Philip Gotthelf | director | C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016 |
Aron Forem | director | C/O WUHL SHAFMAN LIEBERMAN CO., 52-62 CORNELIA STREET, NEWARK NJ 07105 |
Joseph K Fischer | director | 50 JACKSON DRIVE, CRANFORD NJ 7016 |
Franklyn H Snitow | director | 575 LEXINGTON AVE, NEW YORK NY 10017 |
Jeremy Wiesen | director | |
Reuben Rapoport | director, officer: Director-Product Development | |
David Mintz | director, 10 percent owner, officer: President & Chairman | 50 JACKSON DRIVE, CRANFORD NJ 07016 |
From GuruFocus
By Marketwired Marketwired • 08-17-2021
By sperokesalga sperokesalga • 05-26-2023
By GlobeNewswire GlobeNewswire • 11-18-2021
By Tiesvg Tiesvg • 12-28-2022
By Marketwired Marketwired • 06-27-2020
By GlobeNewswire GlobeNewswire • 04-21-2020
By GlobeNewswire GlobeNewswire • 04-01-2022
By Marketwired • 08-16-2023
By sperokesalga sperokesalga • 05-30-2023
By Marketwired Marketwired • 04-19-2021
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.