Simply Good Foods Co

NASDAQ SMPL

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Simply Good Foods Co Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 29, 2024: 5.61

Simply Good Foods Co Accounts Payable Turnover Ratio is 5.61 for the Trailing 12 Months (TTM) ending February 29, 2024, a 13.78% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues.

Simply Good Foods Co Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2023 was 4.94, a -7.10% change year over year.
Simply Good Foods Co Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2022 was 5.31, a -15.37% change year over year.
Simply Good Foods Co Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2021 was 6.28, a -8.00% change year over year.
Simply Good Foods Co Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 29, 2020 was 6.82, a -21.20% change year over year.

NASDAQ: SMPL

Simply Good Foods Co

CEO	Mr. Joseph E. Scalzo
IPO Date	July 15, 2016
Location	United States
Headquarters	1225 17th Street, Denver, CO, United States, 80202
Employees	271
Sector	Consumer Defensive
Industry	Packaged foods

Description

The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names. The company also provides confectionery products, such as full-size and mini peanut butter cups, and fudgey brownie and gooey caramel candy bites, chocolatey coated peanut candies, and coconutty caramel candy bars under Atkins Endulge brand name.It distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. The company also sells its products through e-commerce channels, including questnutrition.com, atkins.com, amazon.com and others. The Simply Good Foods Company was founded in 2017 and is headquartered in Denver, Colorado.

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