Chipotle Mexican Grill (WBO:CHMG) Days Sales Outstanding

: 3.41 (As of Dec. 2023)

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Chipotle Mexican Grill's average Accounts Receivable for the three months ended in Dec. 2023 was €86 Mil. Chipotle Mexican Grill's Revenue for the three months ended in Dec. 2023 was €2,307 Mil. Hence, Chipotle Mexican Grill's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.41.

The historical rank and industry rank for Chipotle Mexican Grill's Days Sales Outstanding or its related term are showing as below:

WBO:CHMG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.61 Med: 3.99 Max: 5.64
Current: 3.11

During the past 13 years, Chipotle Mexican Grill's highest Days Sales Outstanding was 5.64. The lowest was 2.61. And the median was 3.99.

WBO:CHMG's Days Sales Outstanding is ranked better than
85.84% of 339 companies
in the Restaurants industry
Industry Median: 11.62 vs WBO:CHMG: 3.11

Chipotle Mexican Grill's Days Sales Outstanding declined from Dec. 2022 (3.83) to Dec. 2023 (3.41).

Chipotle Mexican Grill Days Sales Outstanding Historical Data

The historical data trend for Chipotle Mexican Grill's Days Sales Outstanding 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.

Chipotle Mexican Grill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

4.62

5.88

4.76

4.23

4.17

Chipotle Mexican Grill Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																3.83	3.35	2.32	2.42	3.41

Competitive Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Chipotle Mexican Grill Days Sales Outstanding Distribution

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Days Sales Outstanding distribution charts can be found below:

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

Chipotle Mexican Grill Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Chipotle Mexican Grill's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (100.895	+	105.946)	/	2 )	/	9052.302	*	365
=	103.4205					/	9052.302	*	365
=	4.17

Chipotle Mexican Grill's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (66.641	+	105.946)	/	2 )	/	2307.465	*	365 / 4
=	86.2935					/	2307.465	*	365 / 4
=	3.41

Chipotle Mexican Grill (WBO:CHMG) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Chipotle Mexican Grill Days Sales Outstanding Related Terms

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Chipotle Mexican Grill (WBO:CHMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chipotle Mexican Grill Inc (WBO:CHMG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CMG:USA CMG:Mexico C1MG34:Brazil

Address

610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660

Website

https://www.chipotle.com

Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.