Shake Shack Inc (SHAK)
Inventory 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 30, 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 | Sep 23, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 957,839 | 1,048,326 | 934,737 | 820,305 | 714,576 | 584,750 | 634,096 | 682,634 | 656,947 | 641,287 | 554,661 | 462,713 | 433,376 | 406,751 | 366,419 | 314,084 | 284,032 | 273,304 | 282,550 | 313,097 |
| Inventory | US$ in thousands | 6,014 | 5,146 | 5,194 | 5,073 | 5,404 | 4,608 | 4,674 | 4,394 | 4,184 | 3,996 | 3,955 | 3,780 | 3,850 | 3,525 | 3,560 | 2,734 | 2,888 | 2,383 | 2,383 | 2,346 |
| Inventory turnover | 159.27 | 203.72 | 179.96 | 161.70 | 132.23 | 126.90 | 135.66 | 155.36 | 157.01 | 160.48 | 140.24 | 122.41 | 112.57 | 115.39 | 102.93 | 114.88 | 98.35 | 114.69 | 118.57 | 133.46 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $957,839K ÷ $6,014K
= 159.27
The inventory turnover ratio for Shake Shack Inc has fluctuated over the reported periods. It started at a high of 133.46 on June 30, 2020, indicating that the company sold and replaced its inventory 133.46 times during that year. The ratio then decreased to 98.35 on December 31, 2020, before gradually increasing to 203.72 on September 30, 2024. This suggests that the company has been managing its inventory more efficiently in recent years, with a higher turnover rate indicating improved sales performance and potentially better inventory management. Overall, Shake Shack Inc's inventory turnover has shown volatility but generally trended upwards, reflecting potential improvements in its operational efficiency and inventory management practices.
Peer comparison
Dec 31, 2024
Dec 31, 2024