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The Chefs' Warehouse (The Chefs' Warehouse) Days Inventory

: 37.72 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). The Chefs' Warehouse's Average Total Inventories for the three months ended in Dec. 2023 was $298 Mil. The Chefs' Warehouse's Cost of Goods Sold for the three months ended in Dec. 2023 was $722 Mil. Hence, The Chefs' Warehouse's Days Inventory for the three months ended in Dec. 2023 was 37.72.

The historical rank and industry rank for The Chefs' Warehouse's Days Inventory or its related term are showing as below:

CHEF' s Days Inventory Range Over the Past 10 Years
Min: 30.57   Med: 36.37   Max: 43.66
Current: 39.27

During the past 13 years, The Chefs' Warehouse's highest Days Inventory was 43.66. The lowest was 30.57. And the median was 36.37.

CHEF's Days Inventory is ranked worse than
53.62% of 304 companies
in the Retail - Defensive industry
Industry Median: 36.455 vs CHEF: 39.27

The Chefs' Warehouse's Days Inventory increased from Dec. 2022 (32.96) to Dec. 2023 (37.72). It might indicate that The Chefs' Warehouse's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Chefs' Warehouse's Inventory Turnover for the three months ended in Dec. 2023 was 2.42.

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. The Chefs' Warehouse's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.31.


The Chefs' Warehouse Days Inventory Historical Data

The historical data trend for The Chefs' Warehouse'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.

* Premium members only.

The Chefs' Warehouse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.84 43.66 30.57 35.70 36.94

The Chefs' Warehouse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.96 43.18 38.40 40.89 37.72

Competitive Comparison

For the Food Distribution subindustry, The Chefs' Warehouse'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.


The Chefs' Warehouse Days Inventory Distribution

For the Retail - Defensive industry and Consumer Defensive sector, The Chefs' Warehouse's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Chefs' Warehouse's Days Inventory falls into.



The Chefs' Warehouse Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

The Chefs' Warehouse's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (245.693 + 284.528) / 2 ) / 2619.289*365
=265.1105 / 2619.289*365
=36.94

The Chefs' Warehouse's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (312.222 + 284.528) / 2 ) / 721.849*365 / 4
=298.375 / 721.849*365 / 4
=37.72

* 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.


The Chefs' Warehouse  (NAS:CHEF) 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.

The Chefs' Warehouse'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.

The Chefs' Warehouse'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.


The Chefs' Warehouse Days Inventory Related Terms

Thank you for viewing the detailed overview of The Chefs' Warehouse's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


The Chefs' Warehouse (The Chefs' Warehouse) Business Description

Traded in Other Exchanges
Address
100 East Ridge Road, Ridgefield, CT, USA, 06877
The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.
Executives
Tim Mccauley officer: Chief Accounting Officer 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Joseph M. Cugine director 16859 CAMINETTO COURT, NAPLES, NAPLES FL 34110
Katherine Oliver director 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Christina Polychroni officer: Chief Human Resources Officer C/O THE CHEFS' WAREHOUSE, 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Alexandros Aldous officer: General Counsel 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Leddy officer: Chief Financial Officer C/O THE CHEFS' WAREHOUSE INC., 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Christopher Pappas director, officer: President and CEO 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Patricia Lecouras officer: Chief Human Resources Officer 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
John Pappas director, officer: Vice Chairman 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Aylwin B Lewis director 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Ivy Brown director 17324 E HIDDEN GREEN CT, RIO VERDE AZ 85263
John A Couri director 63 COPPS HILL RD, RIDGEFIELD CT 06877
David E. Schreibman director 1852 N. FREMONT STREET, CHICAGO IL 60614
Christina Carroll director 16529 ADLON ROAD, ENCINO CA 91436
John D Austin officer: Chief Financial Officer

The Chefs' Warehouse (The Chefs' Warehouse) Headlines