The Chefs Warehouse Inc (CHEF)
Total asset turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,781,671 | 3,687,427 | 3,626,421 | 3,541,531 | 3,390,158 | 3,204,095 | 2,984,768 | 2,758,593 | 2,556,732 | 2,356,999 | 2,186,010 | 1,960,931 | 1,728,659 | 1,455,813 | 1,225,007 | 1,001,170 | 1,095,986 | 1,240,819 | 1,383,953 | 1,595,990 |
| Total assets | US$ in thousands | 1,858,690 | 1,773,630 | 1,715,420 | 1,670,370 | 1,705,310 | 1,658,040 | 1,650,990 | 1,552,130 | 1,509,300 | 1,252,760 | 1,136,880 | 1,091,570 | 1,073,800 | 1,032,010 | 1,010,600 | 962,582 | 974,325 | 1,031,780 | 1,035,400 | 1,106,910 |
| Total asset turnover | 2.03 | 2.08 | 2.11 | 2.12 | 1.99 | 1.93 | 1.81 | 1.78 | 1.69 | 1.88 | 1.92 | 1.80 | 1.61 | 1.41 | 1.21 | 1.04 | 1.12 | 1.20 | 1.34 | 1.44 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,781,671K ÷ $1,858,690K
= 2.03
The total asset turnover of The Chefs Warehouse Inc has shown a fluctuating trend over the analyzed periods. The ratio measures the efficiency of the company in generating sales revenue from its total assets. From March 31, 2020, to March 31, 2024, the total asset turnover increased from 1.44 to 2.12, indicating an improvement in the company's ability to utilize its assets to generate revenue.
There were periods of both ups and downs in the ratio, suggesting fluctuations in the company's asset management efficiency. Notable increases in total asset turnover were observed from December 31, 2021, to December 31, 2023, where the ratio steadily increased from 1.61 to 1.99.
However, there was a slight decrease in the total asset turnover ratio in the subsequent period from March 31, 2024, to June 30, 2024. Despite this minor dip, the company's overall trend indicates a positive trajectory in terms of efficiently utilizing its assets to drive sales.
Overall, the increasing trend in total asset turnover reflects positively on The Chefs Warehouse Inc's operational efficiency and ability to effectively generate revenue from its asset base over the analyzed periods.
Peer comparison
Dec 31, 2024