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Indie Semiconductor's average Accounts Payable for the three months ended in Dec. 2023 was $19.0 Mil. Indie Semiconductor's Cost of Goods Sold for the three months ended in Dec. 2023 was $42.2 Mil. Hence, Indie Semiconductor's Days Payable for the three months ended in Dec. 2023 was 41.07.
The historical rank and industry rank for Indie Semiconductor's Days Payable or its related term are showing as below:
During the past 4 years, Indie Semiconductor's highest Days Payable was 127.45. The lowest was 44.52. And the median was 61.38.
Indie Semiconductor's Days Payable declined from Dec. 2022 (64.01) to Dec. 2023 (41.07). It may suggest that Indie Semiconductor accelerated paying its suppliers.
The historical data trend for Indie Semiconductor'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.
Indie Semiconductor Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Days Payable | 127.45 | 63.55 | 59.21 | 44.52 |
Indie Semiconductor Quarterly Data | |||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Days Payable | Get a 7-Day Free Trial | 64.01 | 59.01 | 48.17 | 47.48 | 41.07 |
For the Semiconductor Equipment & Materials subindustry, Indie Semiconductor'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.
For the Semiconductors industry and Technology sector, Indie Semiconductor's Days Payable distribution charts can be found below:
* The bar in red indicates where Indie Semiconductor's Days Payable falls into.
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.
Indie Semiconductor's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as
Days Payable (A: Dec. 2023 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (A: Dec. 2022 ) | + | Accounts Payable (A: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2023 ) | * | Days in Period |
= | ( (14.186 | + | 18.405) | / | 2 ) | / | 133.606 | * | 365 |
= | 16.2955 | / | 133.606 | * | 365 | ||||
= | 44.52 |
Indie Semiconductor's Days Payable for the quarter that ended in Dec. 2023 is calculated as:
Days Payable (Q: Dec. 2023 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (Q: Sep. 2023 ) | + | Accounts Payable (Q: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (Q: Dec. 2023 ) | * | Days in Period |
= | ( (19.617 | + | 18.405) | / | 2 ) | / | 42.236 | * | 365 / 4 |
= | 19.011 | / | 42.236 | * | 365 / 4 | ||||
= | 41.07 |
* 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.
Thank you for viewing the detailed overview of Indie Semiconductor's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Schiller | officer: CFO and EVP of Strategy | C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656 |
Bal Kanwardev Raja Singh | officer: SVP Chief Accounting Officer | C/O INDIE SEMICONDUCTOR, INC., 32 JOURNEY, ALISO VIEJO CA 92656 |
Donald Mcclymont | director, officer: Chief Executive Officer | C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656 |
Sonalee Elizabeth Parekh | director | 767 FIFTH AVENUE, NEW YORK NY 10153 |
Ichiro Aoki | director, officer: President | C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656 |
Diane W. Biagianti | director | C/O GLAUKOS CORPORATION, 229 AVENIDA FABRICANTE, SAN CLEMENTE CA 92672 |
Steven Machuga | officer: Chief Operating Officer | C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656 |
Scott David Kee | officer: Chief Technology Officer | C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656 |
Ellen S Bancroft | officer: General Counsel & Secretary | C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656 |
Peter J Kight | director | 4411 EAST JONES BRIDGE ROAD, NORCROSS GA 30092 |
David J Aldrich | director | 20 SYLVAN ROAD, WOBURN MA 01801 |
Jeffrey J Owens | director | 5725 DELPHI DRIVE, TROY MI 48098 |
Karl-thomas Neumann | director | C/O AEYE TECHNOLOGIES, INC., 1 PARK PLACE, SUITE 200, DUBLIN CA 94568 |
Diane D Brink | director | C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105 |
William Woodward | director | ANTHEM VENTURE PARTNERS, 225 ARIZONA AVENUE, SUITE 200, SANTA MONICA CA 90401 |
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