▼ BEARISH // F-RATED EARNINGS MIRAGE // ACCRUAL WATCHSIFTER 02 // ACCRUAL & RECEIVABLES FORENSICS
SEVERITY: 94/100
Z-SCORE: +4.44σ
CAVA Cash Conversion Gap Hits -65.9% as Receivables Bloat Surges +177.6% vs Rev
CASH CONVERSION GAP
-65.9% (NI vs OCF)
RECEIVABLES / WC BLOAT
+177.6% VS REV
60D C-SUITE FORM 4 SALES
0 OPEN-MKT DUMPS
[GEEK DESK FORENSIC NOTE // SEC XBRL × FORM 4 CROSS-CHECK]
SEC EDGAR XBRL CompanyFacts10-K/10-Q Working Capital ScheduleSEC Form 4 Executive Sales
CAVA triggers a severe forensic accounting anomaly with a z-score of 4.44 driven by a -65.9% cash conversion gap between net income and operating cash flow. The disconnect is underscored by working capital stress as receivables bloat outpaced revenue growth by +177.6%, even while net income contracted -51.1% against 14.8% operating cash flow growth. Despite the absence of open-market C-suite dispositions under Form 4 over the trailing 60 days, the severe accrual distortion flags low earnings quality and elevated institutional risk.