Days Inventory is also known as Days Sales of Inventory (DSI). Cheesecake Factory's Average Total Inventories for the
three
months ended in Dec. 2023 was $58 Mil. Cheesecake Factory's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $510 Mil.
Hence, Cheesecake Factory's Days Inventory for the
three
months ended in Dec. 2023 was 10.41.
The historical rank and industry rank for Cheesecake Factory's Days Inventory or its related term are showing as below:
CAKE'
s Days Inventory Range Over the Past 10 Years
Min: 8.68 Med: 10.54 Max: 12.76
Current: 10.48
During the past 13 years, Cheesecake Factory's highest Days Inventory was 12.76. The lowest was 8.68. And the median was 10.54.
CAKE's Days Inventory is ranked better than 64.39% of 337
companies
in the Restaurants industry
Industry Median: 15.46
vs CAKE: 10.48
Cheesecake Factory's Days Inventory
increased
from Dec. 2022 (9.97) to Dec. 2023 (10.41).
It might indicate that Cheesecake Factory's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cheesecake Factory's Inventory Turnover for the
three
months ended in Dec. 2023 was 8.77.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Cheesecake Factory's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.07.
Cheesecake Factory Days Inventory Historical Data
The historical data trend for Cheesecake Factory's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Cheesecake Factory's Days Inventory
For the Restaurants subindustry, Cheesecake Factory's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cheesecake Factory's Days Inventory Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Cheesecake Factory's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cheesecake Factory's Days Inventory falls into.
Cheesecake Factory Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cheesecake Factory's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cheesecake Factory (NAS:CAKE) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Cheesecake Factory's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Cheesecake Factory's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Cheesecake Factory Days Inventory Related Terms
Thank you for viewing the detailed overview of Cheesecake Factory's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cheesecake Factory (Cheesecake Factory) Business Description
Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and Flower Child. Majority of the company's revenue comes from The Cheesecake Factory restaurants segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CAKE has been successfully added to your 