The Chefs Warehouse Inc (CHEF)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,794,690 | 3,390,260 | 2,556,590 | 1,728,410 | 1,090,630 |
| Receivables | US$ in thousands | 366,311 | 334,015 | 260,167 | 172,540 | 96,383 |
| Receivables turnover | 10.36 | 10.15 | 9.83 | 10.02 | 11.32 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,794,690K ÷ $366,311K
= 10.36
The receivables turnover ratio of The Chefs Warehouse Inc has shown a declining trend over the past five years, decreasing from 11.32 in December 2020 to 10.36 in December 2024. This indicates that the company's efficiency in collecting outstanding receivables has slightly decreased over the period. Despite the fluctuations, the ratio has remained above 9, suggesting that the company is collecting its receivables at a relatively steady pace. Overall, The Chefs Warehouse Inc should continue to monitor and potentially improve its receivables turnover efficiency to ensure timely collection of outstanding payments from customers.
Peer comparison
Dec 31, 2024