Arteris (Arteris) Days Payable : 19.79 (As of Dec. 2023)

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What is Arteris Days Payable?

Arteris's average Accounts Payable for the three months ended in Dec. 2023 was $0.31 Mil. Arteris's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.45 Mil. Hence, Arteris's Days Payable for the three months ended in Dec. 2023 was 19.79.

The historical rank and industry rank for Arteris's Days Payable or its related term are showing as below:

AIP' s Days Payable Range Over the Past 10 Years
Min: 27.14 Med: 137.61 Max: 222.53
Current: 37.74

During the past 5 years, Arteris's highest Days Payable was 222.53. The lowest was 27.14. And the median was 137.61.

AIP's Days Payable is ranked worse than
66.84% of 962 companies
in the Semiconductors industry
Industry Median: 51.77 vs AIP: 37.74

Arteris's Days Payable declined from Dec. 2022 (107.48) to Dec. 2023 (19.79). It may suggest that Arteris accelerated paying its suppliers.

Arteris Days Payable Historical Data

The historical data trend for Arteris'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.

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Arteris Days Payable Chart

Arteris Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

137.61

222.53

138.82

97.79

27.14

Arteris Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											107.48	72.54	53.07	23.35	19.79

Competitive Comparison of Arteris's Days Payable

For the Semiconductors subindustry, Arteris'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.

Arteris's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Arteris's Days Payable distribution charts can be found below:

* The bar in red indicates where Arteris's Days Payable falls into.

Arteris Days Payable Calculation

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.

Arteris'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
=	( (0.572	+	0.183)	/	2 )	/	5.077	*	365
=	0.3775					/	5.077	*	365
=	27.14

Arteris'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
=	( (0.445	+	0.183)	/	2 )	/	1.448	*	365 / 4
=	0.314					/	1.448	*	365 / 4
=	19.79

Arteris Days Payable Related Terms

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Arteris (Arteris) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Arteris Inc (NAS:AIP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Millich Drive, Suite 200, Campbell, CA, USA, 95008

Website

https://www.arteris.com

Arteris Inc is a developer of on-chip interconnect fabric technology designed for a variety of devices and in the development and distribution of Network-on-Chip (NoC) interconnect intellectual property (IP). The company's technology is used in System-on-Chip (SoC) and provides software and services to automate SoC integration, enabling users to efficiently deploy NoC IP, and offer IP support, maintenance services, professional services, and training and on-site support services.

Executives

Nicholas B. Hawkins	officer: VP and Chief Financial Officer	CORSAIR COMPONENTS INC., 46221 LANDING PARKWAY, FREMONT CA 94538
K Charles Janac	director, 10 percent owner, officer: President and CEO	C/O SMART MACHINES INC, 651 RIVER OAKS PARKWAY, SAN HOSE CA 95135
Laurent R Moll	officer: Chief Operating Officer	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Paul L Alpern	officer: VP and General Counsel	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Wayne C Cantwell	director	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Antonio J Viana	director	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Raman Chitkara	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Claudia F. Munce	director	7601 PENN AVENUE S., RICHFIELD MN 55423
Saiyed Atiq Raza	director
Isabelle F Geday	director	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Capital F Ventech	10 percent owner	47 AVENUE DE L'OPERA, PARIS I0 75002
Arteris Ip, Llc	10 percent owner	591 W. HAMILTON AVE, SUITE 250, CAMPBELL CA 95008
Christian Claussen	director, 10 percent owner	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008