Chipotle Mexican Grill (LTS:0HXW) Accounts Payable & Accrued Expense : $556 Mil (As of Mar. 2024)

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What is Chipotle Mexican Grill Accounts Payable & Accrued Expense?

Chipotle Mexican Grill's quarterly accounts payable & accrued expense declined from Sep. 2023 ($686 Mil) to Dec. 2023 ($573 Mil) and declined from Dec. 2023 ($573 Mil) to Mar. 2024 ($556 Mil).

Chipotle Mexican Grill's annual accounts payable & accrued expense increased from Dec. 2021 ($451 Mil) to Dec. 2022 ($503 Mil) and increased from Dec. 2022 ($503 Mil) to Dec. 2023 ($573 Mil).

Chipotle Mexican Grill Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chipotle Mexican Grill's Accounts Payable & Accrued Expense 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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Chipotle Mexican Grill Accounts Payable & Accrued Expense Chart

Chipotle Mexican Grill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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352.54

438.48

450.52

502.56

572.87

Chipotle Mexican Grill Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															497.17	579.23	686.39	572.87	555.89

Chipotle Mexican Grill Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Chipotle Mexican Grill (LTS:0HXW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chipotle Mexican Grill Inc (LTS:0HXW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CMG:USA CMG:Mexico C1MG34:Brazil

Address

610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660

Website

https://www.chipotle.com

Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

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