Tattooed Chef (STU:F7M) Days Payable : 78.33 (As of Mar. 2023)

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What is Tattooed Chef Days Payable?

Tattooed Chef's average Accounts Payable for the three months ended in Mar. 2023 was €50.7 Mil. Tattooed Chef's Cost of Goods Sold for the three months ended in Mar. 2023 was €59.1 Mil. Hence, Tattooed Chef's Days Payable for the three months ended in Mar. 2023 was 78.33.

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

STU:F7M's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 46.08
* Ranked among companies with meaningful Days Payable only.

Tattooed Chef's Days Payable increased from Mar. 2022 (46.00) to Mar. 2023 (78.33). It may suggest that Tattooed Chef delayed paying its suppliers.

Tattooed Chef Days Payable Historical Data

The historical data trend for Tattooed Chef's Days Payable 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.

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Tattooed Chef Days Payable Chart

Tattooed Chef Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

81.09

59.88

48.48

62.59

Tattooed Chef Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial										46.00	51.12	58.95	75.98	78.33

Competitive Comparison of Tattooed Chef's Days Payable

For the Packaged Foods subindustry, Tattooed Chef's Days Payable, along with its competitors' market caps and Days Payable 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 Payable Distribution in the Consumer Packaged Goods Industry

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

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

Tattooed Chef Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (25.076	+	54.03)	/	2 )	/	230.649	*	365
=	39.553					/	230.649	*	365
=	62.59

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

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (54.03	+	47.38)	/	2 )	/	59.065	*	365 / 4
=	50.705					/	59.065	*	365 / 4
=	78.33

Tattooed Chef Days Payable Related Terms

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Tattooed Chef (STU:F7M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tattooed Chef Inc (STU:F7M) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTCFQ:USA

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.

Tattooed Chef (STU:F7M) Headlines

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