>
Switch to:

Chipotle Mexican Grill Days Inventory

: 1.58 (As of Jun. 2021)
View and export this data going back to 2006. Start your Free Trial

Chipotle Mexican Grill's Total Inventories for the three months ended in Jun. 2021 was $25 Mil. Chipotle Mexican Grill's Cost of Goods Sold for the three months ended in Jun. 2021 was $1,430 Mil. Hence, Chipotle Mexican Grill's Days Inventory for the three months ended in Jun. 2021 was 1.58.

NYSE:CMG' s Days Inventory Range Over the Past 10 Years
Min: 1.61   Med: 1.79   Max: 1.96
Current: 1.71

1.61
1.96

During the past 13 years, Chipotle Mexican Grill's highest Days Inventory was 1.96. The lowest was 1.61. And the median was 1.79.

NYSE:CMG's Days Inventory is ranked higher than
97% of the 323 Companies
in the Restaurants industry.

( Industry Median: 16.22 vs. NYSE:CMG: 1.71 )

Chipotle Mexican Grill's Days Inventory declined from Jun. 2020 (1.81) to Jun. 2021 (1.58).

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chipotle Mexican Grill's Inventory Turnover for the three months ended in Jun. 2021 was 57.81.

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. Chipotle Mexican Grill's Inventory-to-Revenue for the three months ended in Jun. 2021 was 0.01.


Chipotle Mexican Grill Days Inventory Historical Data

* 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.

Chipotle Mexican Grill Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.71 1.91 1.96 1.94

Chipotle Mexican Grill Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 1.81 1.76 1.83 1.71 1.58

Competitive Comparison
* 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.
   

Chipotle Mexican Grill Days Inventory Distribution

* The bar in red indicates where Chipotle Mexican Grill's Days Inventory falls into.



Chipotle Mexican Grill Days Inventory Calculation

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

Chipotle Mexican Grill's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (26.096 + 26.445) / 2 ) / 4943.553*365
=26.2705 / 4943.553*365
=1.94

Chipotle Mexican Grill's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (24.304 + 25.159) / 2 ) / 1429.656*365 / 4
=24.7315 / 1429.656*365 / 4
=1.58

* 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.


Chipotle Mexican Grill  (NYSE:CMG) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Chipotle Mexican Grill's Days Sales of Inventory for the three months ended in Jun. 2021 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=24.7315/1892.538*365 / 4
=1.19

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Chipotle Mexican Grill's Inventory Turnover for the three months ended in Jun. 2021 is calculated as

3. 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.

Chipotle Mexican Grill's Inventory to Revenue for the three months ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=24.7315 / 1892.538
=0.01

* 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.


Chipotle Mexican Grill Days Inventory Related Terms


Chipotle Mexican Grill Days Inventory Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)