Chipotle Mexican Grill (HAM:C9F) Cash Conversion Cycle: -3.33 (As of Mar. 2026)


HAM:C9F Chipotle Mexican Grill Inc HAM:C9F
80 GF Score
Price €30.60
GF Value €50.38
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What is Chipotle Mexican Grill Cash Conversion Cycle?

Chipotle Mexican Grill HAM:C9F +3.90% 80 Cash Conversion Cycle is -3.33 as of Mar. 2026. GuruFocus rates HAM:C9F with a GF Score™ of 80/100 and a GF Value™ of €50.38.

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

Chipotle Mexican Grill's Days Sales Outstanding for the three months ended in Mar. 2026 was 3.68.
Chipotle Mexican Grill's Days Inventory for the three months ended in Mar. 2026 was 1.8.
Chipotle Mexican Grill's Days Payable for the three months ended in Mar. 2026 was 8.81.
Therefore, Chipotle Mexican Grill's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -3.33.


Chipotle Mexican Grill  (HAM:C9F) 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.


Chipotle Mexican Grill Cash Conversion Cycle Related Terms


Chipotle Mexican Grill Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Chipotle Mexican Grill'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.

Chipotle Mexican Grill Cash Conversion Cycle Chart

Chipotle Mexican Grill 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 -2.09 -3.30 -3.64 -2.79 -2.20

Chipotle Mexican Grill 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 -3.40 -4.28 -4.82 -3.67 -3.33

HAM:C9F vs YUM, DRI, YUMC: Cash Conversion Cycle Comparison

For the Restaurants subindustry, Chipotle Mexican Grill'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.


Chipotle Mexican Grill Cash Conversion Cycle vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's Cash Conversion Cycle falls into.


HAM:C9F
80GF Score
Chipotle Mexican Grill Inc HAM:C9F
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Chipotle Mexican Grill 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.

Chipotle Mexican Grill'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
=4.86+2.14-9.2
=-2.20

Chipotle Mexican Grill'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
=3.68+1.8-8.81
=-3.33

* 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 -3.33 mean?
Chipotle Mexican Grill (HAM:C9F) has a Cash Conversion Cycle of -3.33 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Chipotle Mexican Grill and its competitors.
Is Chipotle Mexican Grill's Cash Conversion Cycle too high?
Chipotle Mexican Grill's current Cash Conversion Cycle is -3.33. Overall, Chipotle Mexican Grill has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's Cash Conversion Cycle compare to YUM and DRI?
Chipotle Mexican Grill's Cash Conversion Cycle of -3.33 can be compared against companies in the Restaurants industry. 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 Restaurants company?
A good Cash Conversion Cycle depends on the Restaurants industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Chipotle Mexican Grill and its competitors. Chipotle Mexican Grill's current Cash Conversion Cycle is -3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chipotle Mexican Grill stock overvalued right now?
Chipotle Mexican Grill (HAM:C9F) has a current Cash Conversion Cycle of -3.33. The stock's GF Value™ is €50.38, compared to a current price of €30.60 — trading 39.3% below its estimated fair value. The current Cash Conversion Cycle is -3.33. Chipotle Mexican Grill's overall GF Score™ is 80/100. 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 Chipotle Mexican Grill (HAM:C9F), the current Cash Conversion Cycle is -3.33 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 Chipotle Mexican Grill (HAM:C9F) Overvalued in 2026?

Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued. The current stock price of €30.60 is trading 39.3% below its estimated GF Value™ of €50.38.

Key valuation signals for HAM:C9F:

  • Cash Conversion Cycle: -3.33
  • GF Value™: €50.38 vs. price of €30.60 (39.3% below fair value)
  • GF Score™: 80/100

No single metric tells the full story. See the HAM:C9F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chipotle Mexican Grill Business Description

Address 610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
Chipotle is a leading fast-casual, Mexican-inspired restaurant chain, generating $11.9 billion in sales across 3,983 company-operated US locations, 104 international units primarily in Canada and Europe, and 14 licensed stores largely operated in the Middle East at the end of 2025. The firm's revenue is primarily driven by food and beverage sales at its company-owned restaurants, supplemented by delivery fees generated through its first-party digital channels. Chipotle emphasizes ingredients with no artificial flavors and utilizes an efficient, assembly line service model to serve mainly customizable burritos, bowls, salads, quesadillas, and tacos.
80GF Score

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

€30.60
Price
€50.38
GF Value