Shake Shack (STU:9SH) Change In Inventory : €-1 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Shake Shack Change In Inventory?

Shake Shack's change in inventory for the quarter that ended in Mar. 2024 was €0 Mil. It means Shake Shack's inventory declined by €0 Mil from Dec. 2023 to Mar. 2024 .

Shake Shack's change in inventory for the fiscal year that ended in Dec. 2023 was €-1 Mil. It means Shake Shack's inventory increased by €1 Mil from Dec. 2022 to Dec. 2023 .

Shake Shack's Total Inventories for the quarter that ended in Mar. 2024 was €5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shake Shack's Days Inventory for the quarter that ended in Mar. 2024 was 2.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shake Shack's Inventory Turnover for the quarter that ended in Mar. 2024 was 30.93.

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. Shake Shack's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Shake Shack Change In Inventory Historical Data

The historical data trend for Shake Shack's Change In 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.

Shake Shack Change In Inventory Chart

Shake Shack Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-0.43

-0.55

-0.85

-0.32

-1.12

Shake Shack Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.20	-0.26	0.06	-0.73	0.31

Shake Shack Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1 Mil.

Shake Shack (STU:9SH) Change In Inventory Explanation

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

Shake Shack's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.811	/	148.821	*	365 / 4
	=	2.95

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

Shake Shack's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	148.821	/	4.811
	=	30.93

3. 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.

Shake Shack's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.811	/	267.264
	=	0.02

Shake Shack Change In Inventory Related Terms

Thank you for viewing the detailed overview of Shake Shack's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Shake Shack (STU:9SH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Shake Shack Inc (STU:9SH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SHAK:USA SHAK:Mexico

Address

225 Varick Street, Suite 301, New York, NY, USA, 10014

Website

https://www.shakeshack.com

Shake Shack Inc is a roadside burger stands. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.

Shake Shack (STU:9SH) Headlines

No Headlines