Chipotle Payables Turnover from 2010 to 2024

CMG Stock  USD 61.96  1.98  3.30%   
Chipotle Mexican's Payables Turnover is increasing over the last several years with stable swings. Payables Turnover is predicted to flatten to 30.58. Payables Turnover is a liquidity ratio that shows how quickly Chipotle Mexican Grill pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
36.86164658
Current Value
30.58
Quarterly Volatility
6.40231274
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chipotle Mexican financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chipotle Mexican's main balance sheet or income statement drivers, such as Depreciation And Amortization of 335.4 M, Interest Expense of 25.5 M or Selling General Administrative of 665.3 M, as well as many indicators such as Price To Sales Ratio of 6.7, Dividend Yield of 0.0 or PTB Ratio of 21.61. Chipotle financial statements analysis is a perfect complement when working with Chipotle Mexican Valuation or Volatility modules.
  
Check out the analysis of Chipotle Mexican Correlation against competitors.

Latest Chipotle Mexican's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Chipotle Mexican Grill over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Chipotle Mexican's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chipotle Mexican's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Chipotle Payables Turnover Regression Statistics

Arithmetic Mean36.80
Geometric Mean36.13
Coefficient Of Variation17.40
Mean Deviation4.26
Median36.86
Standard Deviation6.40
Sample Variance40.99
Range26.8471
R-Value0.16
Mean Square Error43.04
R-Squared0.02
Significance0.57
Slope0.23
Total Sum of Squares573.85

Chipotle Payables Turnover History

2024 30.58
2023 36.86
2022 35.61
2021 35.79
2020 40.52
2019 38.37
2018 34.97

About Chipotle Mexican Financial Statements

Chipotle Mexican stakeholders use historical fundamental indicators, such as Chipotle Mexican's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Chipotle Mexican investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chipotle Mexican's assets and liabilities are reflected in the revenues and expenses on Chipotle Mexican's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Chipotle Mexican Grill. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 36.86  30.58 

Currently Active Assets on Macroaxis

When determining whether Chipotle Mexican Grill is a strong investment it is important to analyze Chipotle Mexican's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chipotle Mexican's future performance. For an informed investment choice regarding Chipotle Stock, refer to the following important reports:
Check out the analysis of Chipotle Mexican Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chipotle Mexican. If investors know Chipotle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chipotle Mexican listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.231
Earnings Share
1.08
Revenue Per Share
8.012
Quarterly Revenue Growth
0.13
Return On Assets
0.1401
The market value of Chipotle Mexican Grill is measured differently than its book value, which is the value of Chipotle that is recorded on the company's balance sheet. Investors also form their own opinion of Chipotle Mexican's value that differs from its market value or its book value, called intrinsic value, which is Chipotle Mexican's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chipotle Mexican's market value can be influenced by many factors that don't directly affect Chipotle Mexican's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chipotle Mexican's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chipotle Mexican is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chipotle Mexican's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.