Chefs Tax Provision from 2010 to 2025

CHEF Stock  USD 54.51  1.99  3.79%   
Chefs Warehouse's Tax Provision is increasing over the last several years with very volatile swings. Tax Provision is estimated to finish at about 25.3 M this year. Tax Provision is the amount set aside by The Chefs Warehouse to cover any estimated taxes for the current period. It reflects Chefs Warehouse's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
M
Current Value
10.5 M
Quarterly Volatility
6.5 M
 
Covid
Check Chefs Warehouse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chefs Warehouse's main balance sheet or income statement drivers, such as Depreciation And Amortization of 67.1 M, Interest Expense of 51.1 M or Selling General Administrative of 824.1 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.004 or Days Sales Outstanding of 42.79. Chefs financial statements analysis is a perfect complement when working with Chefs Warehouse Valuation or Volatility modules.
  
Check out the analysis of Chefs Warehouse Correlation against competitors.

Latest Chefs Warehouse's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of The Chefs Warehouse over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Chefs Warehouse's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chefs Warehouse's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Chefs Tax Provision Regression Statistics

Arithmetic Mean7,960,478
Geometric Mean10,250,500
Coefficient Of Variation184.37
Mean Deviation8,527,674
Median11,502,000
Standard Deviation14,676,579
Sample Variance215.4T
Range66M
R-Value0.05
Mean Square Error230.3T
R-Squared0
Significance0.86
Slope144,892
Total Sum of Squares3231T

Chefs Tax Provision History

202525.3 M
202424.1 M
202315.1 M
202214.1 M
2021-1.9 M
2020-40.7 M
20198.2 M

About Chefs Warehouse Financial Statements

Chefs Warehouse stakeholders use historical fundamental indicators, such as Chefs Warehouse's Tax Provision, to determine how well the company is positioned to perform in the future. Although Chefs Warehouse investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chefs Warehouse's assets and liabilities are reflected in the revenues and expenses on Chefs Warehouse's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in The Chefs Warehouse. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision24.1 M25.3 M

Currently Active Assets on Macroaxis

When determining whether Chefs Warehouse is a strong investment it is important to analyze Chefs Warehouse's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chefs Warehouse's future performance. For an informed investment choice regarding Chefs Stock, refer to the following important reports:
Check out the analysis of Chefs Warehouse Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chefs Warehouse. If investors know Chefs will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chefs Warehouse listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.289
Earnings Share
1.32
Revenue Per Share
100.074
Quarterly Revenue Growth
0.087
Return On Assets
0.0446
The market value of Chefs Warehouse is measured differently than its book value, which is the value of Chefs that is recorded on the company's balance sheet. Investors also form their own opinion of Chefs Warehouse's value that differs from its market value or its book value, called intrinsic value, which is Chefs Warehouse's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chefs Warehouse's market value can be influenced by many factors that don't directly affect Chefs Warehouse's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chefs Warehouse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chefs Warehouse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chefs Warehouse's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.