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Medifast Inc   (MED)
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Medifast Inc 's Working Capital Ratio

MED's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Current Liabilities decreased faster than Medifast Inc 's Current Assets, this led to improvement in Medifast Inc 's Working Capital Ratio to 2.43, Working Capital Ratio remained below Medifast Inc average.

Within Food Processing industry 6 other companies have achieved higher Working Capital Ratio than Medifast Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 398, from total ranking in the third quarter 2023 at 1842.

Explain Working Capital Ratio
How much in Current Assets MEDīs has?
What is the value of MEDīs Current Liabilities?


MED Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -34.49 % -28.62 % -38.94 % -27.23 % -17.04 %
Y / Y Current Assets Change 0.56 % -2.31 % -5.95 % -28.97 % -27.4 %
Working Capital Ratio MRQ 2.43 2.04 1.99 1.75 1.58
MED's Total Ranking # 398 # 1842 # 2277 # 2521 # 1502
Seq. Current Liabilities Change -16.18 % -4.16 % -12.79 % -6.5 % -8.66 %
Seq. Current Assets Change -0.11 % -1.98 % -0.65 % 3.38 % -2.96 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Food Processing Industry # 7
Consumer Non Cyclical Sector # 19
Overall Market # 398


Working Capital Ratio Statistics
High Average Low
4.48 2.77 1.29
(Mar 31 2017)   (Jun 30 2022)




Financial Statements
Medifast Inc 's Current Liabilities $ 92 Millions Visit MED's Balance sheet
Medifast Inc 's Current Assets $ 224 Millions Visit MED's Balance sheet
Source of MED's Sales Visit MED's Sales by Geography


Cumulative Medifast Inc 's Working Capital Ratio

MED's Working Capital Ratio for the trailling 12 Months

MED Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -34.49 % -28.62 % -38.94 % -27.23 % -17.04 %
Y / Y Current Assets TTM Growth 0.56 % -2.31 % -5.95 % -28.97 % -27.4 %
Working Capital Ratio TTM 2.02 1.82 1.68 1.51 1.54
Total Ranking TTM # 1005 # 3884 # 1873 # 4190 # 1396
Seq. Current Liabilities TTM Growth -16.18 % -4.16 % -12.79 % -6.5 % -8.66 %
Seq. Current Assets TTM Growth -0.11 % -1.98 % -0.65 % 3.38 % -2.96 %


On the trailing twelve months basis MED Current Assets improved by 0.56 % in IV Quarter 2023 year on year, while Current Liabilities faded to $92 millions, this led to increase in in Medifast Inc 's Working Capital Ratio to 2.02, Working Capital Ratio remained below MED average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Food Processing industry 22 other companies have achieved higher Working Capital Ratio than Medifast Inc . While Working Capital Ratio overall ranking has improved so far to 1005, from total ranking during the twelve months ending third quarter 2023 at 3884.

Explain Working Capital Ratio
How much in Current Assets MEDīs has?
What is the value of MEDīs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Food Processing Industry # 23
Consumer Non Cyclical Sector # 62
Within the Market # 1005


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.24 2.73 1.51
(Sep 30 2017)   (Mar 31 2023)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Food Processing Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
The Simply Good Foods Company  5.02 $ 396.539  Millions$ 78.989  Millions
Beyond Meat Inc   5.01 $ 372.844  Millions$ 74.354  Millions
Bridgford Foods Corporation  4.99 $ 86.015  Millions$ 17.236  Millions
Seneca Foods Corporation  4.81 $ 1,078.295  Millions$ 224.049  Millions
Freshpet Inc  4.79 $ 427.319  Millions$ 89.222  Millions
Laird Superfood Inc   3.73 $ 16.337  Millions$ 4.376  Millions
Tootsie Roll Industries inc  3.59 $ 340.651  Millions$ 94.888  Millions
Whole Earth Brands Inc   3.50 $ 320.225  Millions$ 91.585  Millions
The Hain Celestial Group Inc   3.39 $ 599.440  Millions$ 176.623  Millions
B and g Foods inc   3.06 $ 802.824  Millions$ 262.418  Millions
Sovos Brands Inc  2.97 $ 433.001  Millions$ 146.026  Millions
Bellring Brands Inc   2.86 $ 464.800  Millions$ 162.500  Millions
Medifast Inc   2.43 $ 224.029  Millions$ 92.300  Millions
J and j Snack Foods Corp   2.40 $ 397.279  Millions$ 165.315  Millions
Lifeway Foods Inc   2.30 $ 38.196  Millions$ 16.616  Millions
Post Holdings Inc   1.99 $ 1,660.700  Millions$ 835.300  Millions
Ingredion Incorporated  1.92 $ 3,399.000  Millions$ 1,772.000  Millions
Sow Good Inc   1.77 $ 10.238  Millions$ 5.771  Millions
Farmer Brothers Co  1.71 $ 104.418  Millions$ 61.140  Millions
Pilgrim s Pride Corporation  1.68 $ 4,204.471  Millions$ 2,495.867  Millions
Lamb Weston Holdings Inc   1.57 $ 2,080.900  Millions$ 1,323.500  Millions
Treehouse Foods Inc   1.50 $ 1,054.800  Millions$ 704.300  Millions
Tyson Foods Inc   1.49 $ 9,216.000  Millions$ 6,172.000  Millions
Utz Brands Inc   1.47 $ 328.053  Millions$ 223.037  Millions
Rocky Mountain Chocolate Factory Inc   1.42 $ 10.080  Millions$ 7.079  Millions
Benson Hill Inc   1.23 $ 118.918  Millions$ 96.729  Millions
Campbell Soup Co  1.01 $ 2,070.000  Millions$ 2,056.000  Millions
Kraft Heinz Co  0.99 $ 7,929.000  Millions$ 8,037.000  Millions
Hershey Co  0.97 $ 2,912.103  Millions$ 3,008.352  Millions
Conagra Brands Inc   0.91 $ 3,469.100  Millions$ 3,833.100  Millions

Date modified: 2024-02-21T11:56:58+00:00



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