Carrols Restaurant Group Inc 's ability to collect accounts receivable sequentially worsen to 106.13, pointing to a challenging and on top of that deteriorating business climate for the Restaurants industry. Average collection period, for Carrols Restaurant Group Inc 's accounts receivable remained unchanged at 3 days, in the Mar 31 2024 quarter.

If we take a look into Services sector 36 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 185, from overall ranking in the fourth quarter 2023 at 255.

What is Receivable Turnover Ratio?
What is Carrols Restaurant Group Inc Selling?

What is Receivable Turnover Ratio?

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TAST Receivables Turnover Ratio	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Oct 01 2023) III. Quarter	(Jul 02 2023) II. Quarter	(Apr 02 2023) I. Quarter
Y / Y Receivable Change	2.11 %	-	8.61 %	14.37 %	23.23 %
Y / Y Revenue Change	1.58 %	5.68 %	7.16 %	9.79 %	11.44 %
Receivable Turnover Ratio (TTM)	106.13	106.51	105.07	105.96	108.06
TAST's Total Ranking	# 185	# 255	# 190	# 180	# 193
Accounts Receivable average collection period days	3	3	3	3	3
Seq. Receivable Change	-	-	-3.11 %	-4.78 %	-
Seq. Revenue Change	-3.86 %	-1.14 %	-1.95 %	9 %	0.02 %

Receivable Turnover Company Ranking
Within:	No.
Restaurants Industry	# 14
Services Sector	# 37
Overall Market	# 185

Receivable Turnover Ratio Statistics
High	Average	Low
172.87	115.91	73.34
(Jun 29 2014)		(Jan 01 2012)

TAST Company Profile • Back to TAST Efficiency Comparisons • Compare TAST Receivables Turnover Ratio to its Competitors

Financial Statements
Carrols Restaurant Group Inc 's Accounts Receivable	$ 25 Millions	Visit TAST's Balance sheet
Carrols Restaurant Group Inc 's Sales TTM	$ 1,884 Millions	Visit TAST's Income Statement
Sources of TAST's Revenues		Visit TAST's Sales by Geography

Other Accounts Receivable Turnover Ratios
Restaurants Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TAST's Receivable Turnover Ratio versus Restaurants Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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TAST's Growth Rates	TAST's Roa	TAST's Inventory Turnover Ratio	TAST's Dividend Comparisons
TAST's Profitability Ratios	TAST's Roi	TAST's Asset Turnover Ratio	TAST's Dividend Growth
TAST's Valuation Ratios	TAST's Roe	TAST's Financial Strength Ratios	TAST's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2024	Receivable at quarter ending Mar 31 2024
Offerpad Solutions Inc	201.52	$ 989.197 Millions	$ 4.909 Millions
First Watch Restaurant Group Inc	193.03	$ 922.594 Millions	$ 4.780 Millions
Good Times Restaurants Inc	177.07	$ 138.513 Millions	$ 0.782 Millions
Yum China Holdings Inc	167.59	$ 11,019.000 Millions	$ 65.750 Millions
Darden Restaurants Inc	153.55	$ 11,201.700 Millions	$ 72.950 Millions
Playa Hotels and Resorts N v	143.12	$ 1,004.337 Millions	$ 7.018 Millions
Esports Entertainment Group Inc	136.95	$ 9.770 Millions	$ 0.071 Millions
Royal Caribbean Cruises Ltd	136.53	$ 14,742.854 Millions	$ 107.982 Millions
Etsy Inc	132.21	$ 2,752.646 Millions	$ 20.820 Millions
Innovative International Acquisition Corp	129.94	$ 9.897 Millions	$ 0.076 Millions
Burgerfi International Inc	123.68	$ 167.253 Millions	$ 1.352 Millions
Chipotle Mexican Grill Inc	120.96	$ 10,204.917 Millions	$ 84.370 Millions
Getaround Inc	114.92	$ 78.316 Millions	$ 0.682 Millions
Life Time Group Holdings Inc	109.52	$ 2,302.459 Millions	$ 21.023 Millions
Comstock Holding Companies Inc	108.83	$ 45.084 Millions	$ 0.414 Millions
Saga Communications inc	108.71	$ 112.133 Millions	$ 1.031 Millions
Aircastle Limited	106.97	$ 1,303.343 Millions	$ 12.184 Millions
Payoneer Global Inc	106.96	$ 867.272 Millions	$ 8.109 Millions
Cracker Barrel Old Country Store inc	106.70	$ 3,413.107 Millions	$ 31.989 Millions
Trinity Place Holdings inc	106.69	$ 21.231 Millions	$ 0.199 Millions
Dutch Bros Inc	106.23	$ 1,043.608 Millions	$ 9.825 Millions
Carrols Restaurant Group Inc	106.13	$ 1,883.534 Millions	$ 17.748 Millions
Noodles and Company	103.86	$ 498.723 Millions	$ 4.802 Millions
Dave and Buster s Entertainment Inc	102.03	$ 2,196.100 Millions	$ 21.525 Millions
Mercadolibre Inc	100.49	$ 16,254.000 Millions	$ 161.750 Millions
Sparta Commercial Services Inc	99.21	$ 0.192 Millions	$ 0.002 Millions
Accel Entertainment Inc	93.80	$ 1,179.029 Millions	$ 12.570 Millions
Nutex Health Inc	92.51	$ 258.771 Millions	$ 2.797 Millions
Sweetgreen Inc	92.07	$ 616.829 Millions	$ 6.700 Millions
Fathom Holdings Inc	91.41	$ 338.188 Millions	$ 3.699 Millions

Date modified: 2026-10-07T00:41:52+00:00

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