Wingstop Other Current Assets from 2010 to 2024

WING Stock  USD 331.27  7.52  2.22%   
Wingstop's Other Current Assets are increasing over the last several years with slightly volatile swings. Other Current Assets are estimated to finish at about 43.2 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2013-12-31
Previous Quarter
50 M
Current Value
65.3 M
Quarterly Volatility
14.6 M
 
Yuan Drop
 
Covid
Check Wingstop financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wingstop's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 11 M or Selling General Administrative of 51.6 M, as well as many indicators such as Price To Sales Ratio of 10.69, Dividend Yield of 0.0432 or Days Sales Outstanding of 13.33. Wingstop financial statements analysis is a perfect complement when working with Wingstop Valuation or Volatility modules.
  
Check out the analysis of Wingstop Correlation against competitors.
For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.

Latest Wingstop's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Wingstop over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Wingstop's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wingstop's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Wingstop Other Current Assets Regression Statistics

Arithmetic Mean12,249,483
Geometric Mean4,976,590
Coefficient Of Variation125.94
Mean Deviation12,677,642
Median3,420,000
Standard Deviation15,427,386
Sample Variance238T
Range43.2M
R-Value0.78
Mean Square Error98.9T
R-Squared0.61
Significance0.0005
Slope2,703,217
Total Sum of Squares3332.1T

Wingstop Other Current Assets History

202443.2 M
202341.2 M
202232.3 M
20214.9 M
202027.3 M
201911.2 M
20182.1 M

About Wingstop Financial Statements

Wingstop stakeholders use historical fundamental indicators, such as Wingstop's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Wingstop investors may analyze each financial statement separately, they are all interrelated. For example, changes in Wingstop's assets and liabilities are reflected in the revenues and expenses on Wingstop's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Wingstop. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets41.2 M43.2 M

Currently Active Assets on Macroaxis

When determining whether Wingstop is a strong investment it is important to analyze Wingstop's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wingstop's future performance. For an informed investment choice regarding Wingstop Stock, refer to the following important reports:
Check out the analysis of Wingstop Correlation against competitors.
For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wingstop. If investors know Wingstop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wingstop listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.353
Dividend Share
0.93
Earnings Share
3.41
Revenue Per Share
20.144
Quarterly Revenue Growth
0.388
The market value of Wingstop is measured differently than its book value, which is the value of Wingstop that is recorded on the company's balance sheet. Investors also form their own opinion of Wingstop's value that differs from its market value or its book value, called intrinsic value, which is Wingstop's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wingstop's market value can be influenced by many factors that don't directly affect Wingstop's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wingstop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wingstop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wingstop's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.