Tattooed Chef (Tattooed Chef) Days Inventory : 99.07 (As of Mar. 2023)

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What is Tattooed Chef Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tattooed Chef's Average Total Inventories for the three months ended in Mar. 2023 was $68.7 Mil. Tattooed Chef's Cost of Goods Sold for the three months ended in Mar. 2023 was $63.2 Mil. Hence, Tattooed Chef's Days Inventory for the three months ended in Mar. 2023 was 99.07.

The historical rank and industry rank for Tattooed Chef's Days Inventory or its related term are showing as below:

TTCFQ's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 83.685
* Ranked among companies with meaningful Days Inventory only.

Tattooed Chef's Days Inventory increased from Mar. 2022 (82.18) to Mar. 2023 (99.07). It might indicate that Tattooed Chef's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tattooed Chef's Inventory Turnover for the three months ended in Mar. 2023 was 0.92.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Tattooed Chef's Inventory-to-Revenue for the three months ended in Mar. 2023 was 1.16.

Tattooed Chef Days Inventory Historical Data

The historical data trend for Tattooed Chef's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tattooed Chef Days Inventory Chart

Tattooed Chef Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

92.10

84.23

92.29

100.25

Tattooed Chef Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial										82.18	94.21	109.67	110.14	99.07

Competitive Comparison of Tattooed Chef's Days Inventory

For the Packaged Foods subindustry, Tattooed Chef's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tattooed Chef's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tattooed Chef's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tattooed Chef's Days Inventory falls into.

Tattooed Chef Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tattooed Chef's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (56.256	+	77.957)	/	2 )	/	244.332	*	365
=	67.1065					/	244.332	*	365
=	100.25

Tattooed Chef's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (77.957	+	59.359)	/	2 )	/	63.239	*	365 / 4
=	68.658					/	63.239	*	365 / 4
=	99.07

Tattooed Chef (OTCPK:TTCFQ) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tattooed Chef's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63.239	/	68.658
	=	0.92

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Tattooed Chef's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	68.658	/	59.092
	=	1.16

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Tattooed Chef Days Inventory Related Terms

Thank you for viewing the detailed overview of Tattooed Chef's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Tattooed Chef (Tattooed Chef) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tattooed Chef Inc (OTCPK:TTCFQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

6305 Alondra Boulevard, Paramount, CA, USA, 90723

Website

https://www.tattooedchef.com

Tattooed Chef Inc is a plant-based food company offering a broad portfolio of innovative frozen foods. The company supplies plant-based products to leading retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.

Executives

Gasper Guarrasi	officer: Chief Operating Officer	235 POINSETTIA AVE., CORONA DEL MAR CA 92625
Daniel James Williamson	director	1 RICKIE LANE, LADERA RANCH CA 92694
Salvatore Galletti	director, officer: Chief Executive Officer	27996 PALOS VERDES DR E, RANCHO PALOS VERDES CA 90275
Stephanie Dieckmann	officer: Chief Operating Officer	1002 S AMBRIDGE ST, ANAHEIM CA 92806
Charles Franks Cargile	officer: Chief Financial Officer	29 HILLGRASS, IRVINE CA 92603
Thomas Matthew Williams	officer: Chief Growth Officer	527 21ST STREET, HUNTINGTON BEACH CA 92648
Bryan Stephen Rosenberg	director	2443 MYRTLE AVENUE, HERMOSA BEACH CA 90254
Ryan Matthew Olohan	director	27 SYLVAN DRIVE, PINE BROOK NJ 07058
Paula Ciaramitaro	director	2408 RUE LA CHARLENE, RANCHO PALOS VERDES CA 90275
Marie Quintero-johnson	director	3130 FERNCLIFF COMMONS, NE ATLANTA GA 30324
Jennifer Sims Fellner	director	3790 HAPPY VALLEY ROAD, LAFAYETTE CA 94549
Edward S Gelfand	director	6305 ALONDRA BLVD, PARAMOUNT CA 90723
Giuseppe Bardari	officer: President, Ittella Italy	VIA PRANGI LOTTO COLACE, PIZZO L6 89812
Sarah Galletti	officer: Director of R&D	27996 PALOS VERDES DR E, RANCHO PALOS VERDES CA 90275
Steven Berns	director	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036