The Chefs' Warehouse (FRA:2CF) Cash Conversion Cycle: 46.59 (As of Mar. 2026)


FRA:2CF The Chefs' Warehouse Inc FRA:2CF
72 GF Score
Price €81.50
GF Value €45.14
Valuation Significantly Overvalued
! 7 Warning Signs
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What is The Chefs' Warehouse Cash Conversion Cycle?

The Chefs' Warehouse FRA:2CF -3.55% 72 Cash Conversion Cycle is 46.59 as of Mar. 2026. GuruFocus rates FRA:2CF with a GF Score™ of 72/100 and a GF Value™ of €45.14 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

The Chefs' Warehouse's Days Sales Outstanding for the three months ended in Mar. 2026 was 32.95.
The Chefs' Warehouse's Days Inventory for the three months ended in Mar. 2026 was 42.39.
The Chefs' Warehouse's Days Payable for the three months ended in Mar. 2026 was 28.75.
Therefore, The Chefs' Warehouse's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 46.59.


The Chefs' Warehouse  (FRA:2CF) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


The Chefs' Warehouse Cash Conversion Cycle Related Terms


The Chefs' Warehouse Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for The Chefs' Warehouse's Cash Conversion Cycle 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.

The Chefs' Warehouse Cash Conversion Cycle Chart

The Chefs' Warehouse Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.06 39.24 43.75 41.28 44.85

The Chefs' Warehouse Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial 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 41.71 40.66 46.09 43.59 46.59

FRA:2CF vs UNFI, ANDE, AVO: Cash Conversion Cycle Comparison

For the Food Distribution subindustry, The Chefs' Warehouse's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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 Cash Conversion Cycle vs Retail - Defensive Industry

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

* The bar in red indicates where The Chefs' Warehouse's Cash Conversion Cycle falls into.


FRA:2CF
72GF Score
The Chefs' Warehouse Inc FRA:2CF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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The Chefs' Warehouse Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

The Chefs' Warehouse's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=35.27+42.88-33.3
=44.85

The Chefs' Warehouse's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=32.95+42.39-28.75
=46.59

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 46.59 mean?
The Chefs' Warehouse (FRA:2CF) has a Cash Conversion Cycle of 46.59 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on The Chefs' Warehouse and its competitors.
Is The Chefs' Warehouse's Cash Conversion Cycle too high?
The Chefs' Warehouse's current Cash Conversion Cycle is 46.59. The Retail - Defensive industry median Cash Conversion Cycle is 19.65. The Chefs' Warehouse's value of 46.59 is 137.1% above this industry median. Overall, The Chefs' Warehouse has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Chefs' Warehouse's Cash Conversion Cycle compare to UNFI and ANDE?
The Chefs' Warehouse's Cash Conversion Cycle of 46.59 can be compared against companies in the Retail - Defensive industry. The industry median Cash Conversion Cycle is 19.65. The Chefs' Warehouse's value of 46.59 is 137.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Retail - Defensive company?
The median Cash Conversion Cycle among Retail - Defensive companies is 19.65, based on 309 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Chefs' Warehouse's current Cash Conversion Cycle of 46.59 is 137.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on The Chefs' Warehouse and its competitors. For the Retail - Defensive industry, the median Cash Conversion Cycle is 19.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Chefs' Warehouse's current Cash Conversion Cycle is 46.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Chefs' Warehouse stock overvalued right now?
Based on GuruFocus' analysis, The Chefs' Warehouse (FRA:2CF) is currently considered Significantly Overvalued. The stock's GF Value™ is €45.14, compared to a current price of €81.50 — trading 80.5% above its estimated fair value. The current Cash Conversion Cycle is 46.59 and 137.1% above the Retail - Defensive industry median of 19.65. The Chefs' Warehouse's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For The Chefs' Warehouse (FRA:2CF), the current Cash Conversion Cycle is 46.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Chefs' Warehouse (FRA:2CF) Overvalued in 2026?

Based on GuruFocus' analysis, The Chefs' Warehouse stock appears to be overvalued. The current stock price of €81.50 is trading 80.5% above its estimated GF Value™ of €45.14. GuruFocus considers The Chefs' Warehouse to be Significantly Overvalued.

Key valuation signals for FRA:2CF:

  • Cash Conversion Cycle: 46.59
  • GF Value™: €45.14 vs. price of €81.50 (80.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 137.1% above the Retail - Defensive median

No single metric tells the full story. See the FRA:2CF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Chefs' Warehouse Business Description

Other Exchanges CHEF:USA
Address 100 East Ridge Road, Ridgefield, CT, USA, 06877
The Chefs' Warehouse Inc is a specialty food distributor in metropolitan areas across the United States, the Middle East and Canada. The company's product portfolio is comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. It operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, midwest, and west coasts of the U.S. The company provides service to restaurants, clubs, hotels, caterers, schools, bakeries, casinos, and specialty food stores.
72GF Score

Get the complete analysis for FRA:2CF

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€81.50
Price
€45.14
GF Value