Chipotle Mexican Grill (LTS:0HXW) Total Current Assets : $1,646 Mil (As of Mar. 2024)

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What is Chipotle Mexican Grill Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Chipotle Mexican Grill's total current assets for the quarter that ended in Mar. 2024 was $1,646 Mil.

Chipotle Mexican Grill Total Current Assets Historical Data

The historical data trend for Chipotle Mexican Grill's Total Current Assets 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.

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Chipotle Mexican Grill Total Current Assets Chart

Chipotle Mexican Grill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,072.20

1,420.24

1,381.56

1,175.84

1,620.71

Chipotle Mexican Grill Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1,261.44	1,556.42	1,669.34	1,620.71	1,645.77

Chipotle Mexican Grill Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Chipotle Mexican Grill's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1295.447	+	168.495	+	39.309	+	117.462
	=	1,621

Chipotle Mexican Grill's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1419.868	+	89.836	+	37.947	+	98.118
	=	1,646

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Chipotle Mexican Grill (LTS:0HXW) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Chipotle Mexican Grill's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1419.868	-	5049.92	+	0.75 * 89.836	+	0.5 * 37.947
=	-3,544

Chipotle Mexican Grill Total Current Assets Related Terms

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Chipotle Mexican Grill (LTS:0HXW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chipotle Mexican Grill Inc (LTS:0HXW) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

CMG:USA CMG:Mexico C1MG34:Brazil

Address

610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660

Website

https://www.chipotle.com

Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Chipotle Mexican Grill (LTS:0HXW) Headlines

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