Chipotle Mexican Grill (HAM:C9F) Days Payable: 8.81 (As of Mar. 2026) — Near Median


HAM:C9F Chipotle Mexican Grill Inc HAM:C9F
80 GF Score
Price €29.00
GF Value €51.05
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What is Chipotle Mexican Grill Days Payable?

Chipotle Mexican Grill HAM:C9F -0.17% 80 Days Payable is 8.81 as of Mar. 2026, which is 2% below its 10-year median of 8.95. GuruFocus rates HAM:C9F with a GF Score™ of 80/100 and a GF Value™ of €51.05. Among 355 Restaurants companies, Chipotle Mexican Grill ranks worse than 97.46% on this metric.

Chipotle Mexican Grill's average Accounts Payable for the three months ended in Mar. 2026 was €198 Mil. Chipotle Mexican Grill's Cost of Goods Sold for the three months ended in Mar. 2026 was €2,049 Mil. Hence, Chipotle Mexican Grill's Days Payable for the three months ended in Mar. 2026 was 8.81.

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

HAM:C9F' s Days Payable Range Over the Past 10 Years
Min: 7.87   Med: 8.95   Max: 9.66
Current: 9.21

During the past 13 years, Chipotle Mexican Grill's highest Days Payable was 9.66. The lowest was 7.87. And the median was 8.95.

HAM:C9F's Days Payable is ranked worse than
97.46% of 355 companies
in the Restaurants industry
Industry Median: 34.94 vs HAM:C9F: 9.21

Chipotle Mexican Grill's Days Payable declined from Mar. 2025 (9.35) to Mar. 2026 (8.81). It may suggest that Chipotle Mexican Grill accelerated paying its suppliers.


Chipotle Mexican Grill Days Payable Historical Data

* Premium members only.

The historical data trend for Chipotle Mexican Grill's Days Payable 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 Days Payable Chart

Chipotle Mexican Grill Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.64 9.37 9.71 8.81 9.20

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
Days Payable 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 9.35 9.19 9.66 9.43 8.81

HAM:C9F vs YUM, DRI, YUMC: Days Payable Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Restaurants Industry

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

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


HAM:C9F
80GF Score
Chipotle Mexican Grill Inc HAM:C9F
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chipotle Mexican Grill Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Chipotle Mexican Grill's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (201.214 + 181.742) / 2 ) / 7600.082*365
=191.478 / 7600.082*365
=9.20

Chipotle Mexican Grill's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (181.742 + 213.903) / 2 ) / 2049.428*365 / 4
=197.8225 / 2049.428*365 / 4
=8.81

* 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 Payable →
What does a Days Payable of 8.81 mean?
Chipotle Mexican Grill (HAM:C9F) has a Days Payable of 8.81 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chipotle Mexican Grill and its competitors. This is near median its historical median of 8.95. Over the past decade, Chipotle Mexican Grill's Days Payable has ranged from 7.87 to 9.66. According to the industry distribution chart, Chipotle Mexican Grill ranks #346 out of 355 companies in the Restaurants industry, placing it in the top 97.5%.
Is Chipotle Mexican Grill's Days Payable too high?
Chipotle Mexican Grill's current Days Payable of 8.81 is near median its 10-year median of 8.95. Over the past 10 years, this metric has ranged from a low of 7.87 to a high of 9.66. The Restaurants industry median Days Payable is 34.94. Chipotle Mexican Grill's value of 8.81 is 74.8% below this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #346 out of 355 companies in the Restaurants industry, which is in the bottom quartile relative to peers. 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 Days Payable compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #346 out of 355 companies for Days Payable. This places Chipotle Mexican Grill in the lower half of its industry. The industry median Days Payable is 34.94. Chipotle Mexican Grill's value of 8.81 is 74.8% below this benchmark. Historically, Chipotle Mexican Grill's own Days Payable has ranged from 7.87 to 9.66 over the past decade. While the company's 10-year median is 8.95 vs. the industry median of 34.94, Chipotle Mexican Grill has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Restaurants company?
The median Days Payable among Restaurants companies is 34.94, based on 355 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chipotle Mexican Grill's current Days Payable of 8.81 is 74.8% below 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median Days Payable is 34.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current Days Payable is 8.81, which is near median its own 10-year median of 8.95. 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 Days Payable of 8.81. The stock's GF Value™ is €51.05, compared to a current price of €29.00 — trading 43.2% below its estimated fair value. The current Days Payable is 8.81, which is near median its 10-year median of 8.95 and 74.8% below the Restaurants industry median of 34.94. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Chipotle Mexican Grill (HAM:C9F), the current Days Payable is 8.81 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 €29.00 is trading 43.2% below its estimated GF Value™ of €51.05.

Key valuation signals for HAM:C9F:

  • Days Payable: 8.81 (near median its 10-year median of 8.95)
  • GF Value™: €51.05 vs. price of €29.00 (43.2% below fair value)
  • GF Score™: 80/100
  • Industry Position: 74.8% below the Restaurants median (#346 of 355)

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

Get the complete analysis for HAM:C9F

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

€29.00
Price
€51.05
GF Value