The Chefs Warehouse Inc (CHEF)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 13.87 | 15.58 | 16.20 | 19.15 | 16.73 | 15.29 | 15.03 | 16.12 | 15.51 | 16.22 | 14.92 | 16.12 | 14.83 | 11.27 | 9.50 | 10.94 | 12.91 | 14.08 | 17.51 | 13.15 | |
| Number of days of payables | days | 26.31 | 23.43 | 22.52 | 19.06 | 21.81 | 23.87 | 24.28 | 22.65 | 23.53 | 22.51 | 24.46 | 22.64 | 24.61 | 32.39 | 38.44 | 33.36 | 28.26 | 25.93 | 20.84 | 27.76 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 13.87
= 26.31
The number of days of payables for The Chefs Warehouse Inc has fluctuated over the analyzed period. Starting from March 31, 2020, where it was approximately 27.76 days, there was a decrease in the number of days of payables by June 30, 2020, to around 20.84 days. The trend reversed by September 30, 2020, as the days of payables increased to 25.93 days and continued to rise to 28.26 days by December 31, 2020.
Subsequently, there was a significant increase in the number of days of payables by March 31, 2021, to approximately 33.36 days, followed by a further rise to 38.44 days by June 30, 2021. The trend shifted downwards by September 30, 2021, as the days of payables decreased to 32.39 days and continued to decline to 24.61 days by December 31, 2021.
The number of days of payables remained relatively stable in the following periods, ranging between 22.51 days to 26.31 days up to December 31, 2024. Overall, the company's management of payables improved in the latter periods, with the number of days outstanding showing a decreasing trend, indicating potential efficiencies in managing its supplier payments.
Peer comparison
Dec 31, 2024