Stock Analysis on Net

Chipotle Mexican Grill Inc. (NYSE:CMG)

$24.99

Analysis of Inventory

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Inventory Disclosure

Chipotle Mexican Grill Inc., balance sheet: inventory

US$ in thousands

Microsoft Excel
Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Inventory

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).


Inventory levels exhibited a consistent upward trend over the five-year period. The reported values increased annually from 2021 through 2025, although the rate of increase varied.

Overall Trend
From December 31, 2021, to December 31, 2025, inventory rose from US$32,826 thousand to US$49,508 thousand, representing a cumulative increase of 50.8%. This indicates a growing need to hold more goods to meet demand or anticipated demand.
Growth Rate Analysis
The increase from 2021 to 2022 was approximately 8.6%, representing an addition of US$2,842 thousand. The growth rate accelerated from 2022 to 2023, with an increase of 10.2% (US$3,641 thousand). A more substantial increase occurred between 2023 and 2024, at 24.4% (US$9,633 thousand). The rate of growth slowed considerably between 2024 and 2025, with an increase of only 1.1% (US$566 thousand).
Potential Implications
The significant increase in inventory from 2023 to 2024 warrants further investigation. This could be due to increased sales expectations, supply chain adjustments, or a strategic decision to build up inventory. The deceleration in growth from 2024 to 2025 suggests a stabilization of inventory levels, potentially indicating successful management of the prior increase or a shift in business conditions.

Continued monitoring of inventory levels is recommended to assess the efficiency of inventory management and to identify any potential risks associated with obsolescence or storage costs.