The Chefs Warehouse Inc (CHEF)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 23, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 11.71 | 10.75 | 11.51 | 12.89 | 11.79 | 10.25 | 10.20 | 9.97 | 10.32 | 12.16 | 11.88 | 12.84 | 12.14 | 9.25 | 8.34 | 8.28 | 9.00 | 10.61 | 11.03 | 9.37 | |
| DOH | days | 31.17 | 33.95 | 31.72 | 28.31 | 30.95 | 35.61 | 35.78 | 36.62 | 35.38 | 30.02 | 30.73 | 28.42 | 30.06 | 39.47 | 43.79 | 44.09 | 40.55 | 34.42 | 33.08 | 38.96 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 11.71
= 31.17
The days of inventory on hand (DOH) for The Chefs Warehouse Inc has fluctuated over the analyzed period. Initially, the DOH was around 39 days in March 2020, decreasing to 33 days by June 2020. However, this figure increased to 44 days by March 2021, suggesting a longer time taken to sell its inventory.
Subsequently, there was a gradual decline in DOH, reaching 30 days by December 2021. This decline continued into the first half of 2022, with DOH ranging between 28 to 31 days. The company effectively managed its inventory during this period.
In the second half of 2022, there was a slight increase in DOH, ranging between 30 to 36 days until the end of 2024. This could indicate a need for closer monitoring of inventory levels to ensure optimal turnover.
Overall, fluctuations in DOH indicate changes in inventory management efficiency, and The Chefs Warehouse Inc may benefit from continuous monitoring and adjustment of inventory levels to maintain an optimal balance between keeping enough inventory to meet demand and avoiding excess stock.
Peer comparison
Dec 31, 2024