TTCFQ (Tattooed Chef) Days Payable: 77.89 (As of Mar. 2023)


TTCFQ Tattooed Chef Inc TTCFQ
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What is Tattooed Chef Days Payable?

Tattooed Chef TTCFQ -99.00% 12 Days Payable is 77.89 as of Mar. 2023. GuruFocus rates TTCFQ with a GF Score™ of 12/100.

Tattooed Chef's average Accounts Payable for the three months ended in Mar. 2023 was $54.0 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 Payable for the three months ended in Mar. 2023 was 77.89.

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

TTCFQ's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.145
* Ranked among companies with meaningful Days Payable only.

Tattooed Chef's Days Payable increased from Mar. 2022 (46.51) to Mar. 2023 (77.89). It may suggest that Tattooed Chef delayed paying its suppliers.

Tattooed Chef Days Payable Historical Data

* Premium members only.

The historical data trend for Tattooed Chef'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.

Tattooed Chef Days Payable Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
81.09 57.71 50.11 63.91

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 46.51 52.27 60.47 73.68 77.89

TTCFQ vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Tattooed Chef'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.

Tattooed Chef Days Payable vs Consumer Packaged Goods Industry

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

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


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

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

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (28.334 + 57.235) / 2 ) / 244.332*365
=42.7845 / 244.332*365
=63.91

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

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (57.235 + 50.728) / 2 ) / 63.239*365 / 4
=53.9815 / 63.239*365 / 4
=77.89

* 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 77.89 mean?
Tattooed Chef (TTCFQ) has a Days Payable of 77.89 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tattooed Chef and its competitors.
Is Tattooed Chef's Days Payable too high?
Tattooed Chef's current Days Payable is 77.89. The Consumer Packaged Goods industry median Days Payable is 44.15. Tattooed Chef's value of 77.89 is 76.4% 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 Payable compare to KHC and GIS?
Tattooed Chef's Days Payable of 77.89 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.15. Tattooed Chef's value of 77.89 is 76.4% 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 Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,882 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. Tattooed Chef's current Days Payable of 77.89 is 76.4% 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 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 Tattooed Chef and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tattooed Chef's current Days Payable is 77.89. 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 Payable of 77.89. The current Days Payable is 77.89 and 76.4% above the Consumer Packaged Goods industry median of 44.15. 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 Payable calculated?
Days Payable is calculated from a company's financial statements. For Tattooed Chef (TTCFQ), the current Days Payable is 77.89 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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