TTCFQ (Tattooed Chef) Days Inventory: 99.07 (As of Mar. 2023)


TTCFQ Tattooed Chef Inc TTCFQ
12 GF Score
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What is Tattooed Chef Days Inventory?

Tattooed Chef TTCFQ -99.00% 12 Days Inventory is 99.07 as of Mar. 2023. GuruFocus rates TTCFQ with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Tattooed Chef's Average Total Inventories for the three months ended in Mar. 2023 was $68.7 Mil. Tattooed Chef's Cost of Goods Sold for the three months ended in Mar. 2023 was $63.2 Mil. Hence, Tattooed Chef's Days Inventory for the three months ended in Mar. 2023 was 99.07.

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

TTCFQ's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.655
* Ranked among companies with meaningful Days Inventory only.

Tattooed Chef's Days Inventory increased from Mar. 2022 (82.18) to Mar. 2023 (99.07). It might indicate that Tattooed Chef's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tattooed Chef's Inventory Turnover for the three months ended in Mar. 2023 was 0.92.

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. Tattooed Chef's Inventory-to-Revenue for the three months ended in Mar. 2023 was 1.16.


Tattooed Chef  (OTCPK:TTCFQ) 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.

Tattooed Chef's Inventory Turnover for the three months ended in Mar. 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.

Tattooed Chef's Inventory to Revenue for the three months ended in Mar. 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.


Tattooed Chef Days Inventory Related Terms


Tattooed Chef Days Inventory Historical Data

* Premium members only.

The historical data trend for Tattooed Chef'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.

Tattooed Chef Days Inventory Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Inventory
92.10 84.23 92.29 100.25

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Inventory 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 82.18 94.21 109.67 110.14 99.07

TTCFQ vs KHC, GIS: Days Inventory Comparison

For the Packaged Foods subindustry, Tattooed Chef'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.


Tattooed Chef Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tattooed Chef's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tattooed Chef's Days Inventory falls into.


TTCFQ
12GF Score
Tattooed Chef Inc TTCFQ
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Tattooed Chef Days Inventory Calculation

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

Tattooed Chef's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (56.256 + 77.957) / 2 ) / 244.332*365
=67.1065 / 244.332*365
=100.25

Tattooed Chef's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (77.957 + 59.359) / 2 ) / 63.239*365 / 4
=68.658 / 63.239*365 / 4
=99.07

* 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 Days Inventory →
What does a Days Inventory of 99.07 mean?
Tattooed Chef (TTCFQ) has a Days Inventory of 99.07 as of Mar. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tattooed Chef and its competitors.
Is Tattooed Chef's Days Inventory too high?
Tattooed Chef's current Days Inventory is 99.07. The Consumer Packaged Goods industry median Days Inventory is 82.66. Tattooed Chef's value of 99.07 is 19.9% above this industry median. Overall, Tattooed Chef has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tattooed Chef's Days Inventory compare to KHC and GIS?
Tattooed Chef's Days Inventory of 99.07 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.66. Tattooed Chef's value of 99.07 is 19.9% 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 Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.66, based on 1,864 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tattooed Chef's current Days Inventory of 99.07 is 19.9% 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tattooed Chef and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tattooed Chef's current Days Inventory is 99.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tattooed Chef stock overvalued right now?
Tattooed Chef (TTCFQ) has a current Days Inventory of 99.07. The current Days Inventory is 99.07 and 19.9% above the Consumer Packaged Goods industry median of 82.66. Tattooed Chef's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Tattooed Chef (TTCFQ), the current Days Inventory is 99.07 as of Mar. 2023. 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.

Tattooed Chef Business Description

Address 6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of frozen foods. The company supplies plant-based products to retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
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