Source document: freshpet-inc_2019

Question: What is the average duration of the accounts receivables?
Facts: 25 days
Answer: 25 days

Question: How much was borrowed under credit facilities during 2019?
Facts: $72.3 million
Answer: $72.3 million

Question: How much was the debt outstanding as at 2019 year end?
Facts: $54.5 million
Answer: $54.5 million

Question: What was the percentage change in cash and cash equivalents from 2018 to 2019 year end?
Facts: 7,554; 9,472
Derivation: (9,472-7,554)/7,554
Answer: 25.39 percent

Question: What was the percentage change in net inventories from 2018 to 2019 year end?
Facts: 12,542; 9,317
Derivation: (12,542-9,317)/9,317
Answer: 34.61 percent

Question: What was the percentage change in accounts payables from 2018 to 2019 year end?
Facts: 18,668; 9,166
Derivation: [(-18,668) - (-9,166)] / -9,166
Answer: 103.67 percent

Question: What does launch expense represent?
Facts: new store marketing allowance of $1,000 for each store added to our distribution network, as well as the non-capitalized freight costs associated with Freshpet Fridge replacements
Answer: new store marketing allowance of $1,000 for each store added to our distribution network, as well as the non-capitalized freight costs associated with Freshpet Fridge replacements

Question: What does secondary offering expenses represent?
Facts: fees associated with secondary public offerings of our common stock
Answer: fees associated with secondary public offerings of our common stock

Question: What does Leadership transition expenses represent?
Facts: charges associated with our former Chief Executive Officer’s separation agreement, as well as changes in estimates associated with leadership transition costs
Answer: charges associated with our former Chief Executive Officer’s separation agreement, as well as changes in estimates associated with leadership transition costs

Question: Which year had the greatest SG&A expenses?
Facts: 2019
Derivation: $114,450>$94,876>$75,167>$62,586>$58,297
Answer: 2019

Question: Which year had the greatest adjusted SG&A expenses?
Facts: 2019
Derivation: $92,473>$76,698>$60,797>$48,651>$46,347
Answer: 2019

Question: How many types of expenses are listed in the table?
Facts: Depreciation and amortization expense; Launch expense; Leadership transition expenses; Litigation expense; Loss on disposal of equipment; Non-cash share-based compensation; SG&A expenses; Secondary offering expenses
Derivation: SG&A expenses## Depreciation and amortization expense## Non-cash share-based compensation## Launch expense## Loss on disposal of equipment ## Secondary offering expenses## Leadership transition expenses ## Litigation expense
Answer: 8

Question: What financial items does EBITDA consist of as shown in the table?
Facts: Depreciation and amortization; Income tax expense; Interest expense; Net loss
Answer: Net loss; Depreciation and amortization; Interest expense; Income tax expense

Question: What is the Adjusted EBITDA for each of the financial year ends shown in the table (in chronological order) respectively?
Facts: $11,110; $17,565; $17,654; $20,280; $29,159
Answer: $11,110; $17,654; $17,565; $20,280; $29,159 thousand

Question: What was the EBITDA for each of the financial years ends listed shown in the table (in chronological order) respectively?
Facts: $15,673; $4,376; $7,490; $9,080; $9,414
Answer: $4,376; $7,490; $9,414; $9,080; $15,673 thousand

Question: What was the average EBITDA for 2018 and 2019?
Facts: 15,673; 9,080
Derivation: (15,673+9,080)/2
Answer: 12376.5 thousand

Question: What was the average adjusted EBITDA for 2018 and 2019?
Facts: 20,280; 29,159
Derivation: (29,159+20,280)/2
Answer: 24719.5 thousand

Question: What is the difference between average EBITDA and average adjusted EBITDA for 2018 and 2019?
Facts: 15,673; 2; 20,280; 29,159; 9,080
Derivation: [(29,159+20,280)/2] - [(15,673+9,080)/2]
Answer: 12343 thousand

Question: Which financial years' information is shown in the table?
Facts: 2015; 2016; 2017; 2018; 2019
Answer: 2015; 2016; 2017; 2018; 2019

Question: What are the 2 types of shares seen in the table?
Facts: Basic; Diluted
Answer: Basic; Diluted

Question: What is the net loss per basic share as at each financial year end between 2015-2019 respectively?
Facts: $(0.04); $(0.09); $(0.11); $(0.12); $(0.15)
Answer: $(0.11); $(0.09); $(0.12); $(0.15); $(0.04)

Question: What is the percentage change in net sales from 2018 to 2019?
Facts: 193,237; 245,862
Derivation: (245,862-193,237)/193,237
Answer: 27.23 percent

Question: What is the percentage change in cost of goods sold from 2018 to 2019?
Facts: 103,247; 131,665
Derivation: (131,665-103,247)/103,247
Answer: 27.52 percent

Question: What is the percentage change in gross profit from 2018 to 2019 year end?
Facts: 114,197; 89,990
Derivation: (114,197-89,990)/89,990
Answer: 26.9 percent

Question: What are the 3 expenses shown in the table?
Facts: Depreciation expense; Non-cash share-based compensation expense; Plant start-up expense
Answer: Depreciation expense; Plant start-up expense; Non-cash share-based compensation expense

Question: What is the gross profit for each financial year end shown in the table (in chronological order)?
Facts: $114,197; $54,649; $60,371; $72,416; $89,990
Answer: $54,649; $60,371; $72,416; $89,990; $114,197 thousand

Question: What is the adjusted gross profit for each financial year end shown in the table (in chronological order)?
Facts: $121,489; $57,416; $66,248; $78,450; $96,938
Answer: $57,416; $66,248; $78,450; $96,938; $121,489 thousand

Question: What is the percentage change in depreciation expense from 2018 to 2019?
Facts: 6,089; 6,370
Derivation: (6,370-6,089)/6,089
Answer: 4.61 percent

Question: What is the percentage change in non-cash share-based compensation expense from 2018 to 2019?
Facts: 859; 922
Derivation: (922-859)/859
Answer: 7.33 percent

Question: What is the percentage change in adjusted gross profit from 2018 to 2019?
Facts: 121,489; 96,938
Derivation: (121,489-96,938)/96,938
Answer: 25.33 percent