GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Intevac Inc (NAS:IVAC) » Definitions » Days Payable

Intevac (Intevac) Days Payable : 74.24 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Intevac Days Payable?

Intevac's average Accounts Payable for the three months ended in Dec. 2023 was $5.67 Mil. Intevac's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.97 Mil. Hence, Intevac's Days Payable for the three months ended in Dec. 2023 was 74.24.

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

IVAC' s Days Payable Range Over the Past 10 Years
Min: 25.19   Med: 40.48   Max: 149.44
Current: 102.8

During the past 13 years, Intevac's highest Days Payable was 149.44. The lowest was 25.19. And the median was 40.48.

IVAC's Days Payable is ranked better than
64.44% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs IVAC: 102.80

Intevac's Days Payable declined from Dec. 2022 (134.59) to Dec. 2023 (74.24). It may suggest that Intevac accelerated paying its suppliers.


Intevac Days Payable Historical Data

The historical data trend for Intevac'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.

* Premium members only.

Intevac Days Payable Chart

Intevac Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.51 51.95 55.57 149.44 97.95

Intevac Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 134.59 159.94 134.14 66.70 74.24

Competitive Comparison of Intevac's Days Payable

For the Specialty Industrial Machinery subindustry, Intevac'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.


Intevac's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Intevac's Days Payable distribution charts can be found below:

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



Intevac 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.

Intevac'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
=( (11.61 + 5.8) / 2 ) / 32.439*365
=8.705 / 32.439*365
=97.95

Intevac'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
=( (5.538 + 5.8) / 2 ) / 6.968*365 / 4
=5.669 / 6.968*365 / 4
=74.24

* 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.


Intevac Days Payable Related Terms

Thank you for viewing the detailed overview of Intevac's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Intevac (Intevac) Business Description

Traded in Other Exchanges
Address
3560 Bassett Street, Santa Clara, CA, USA, 95054
Intevac Inc designs and develops high-productivity, thin-film processing systems. The company's production-proven platforms are designed for high-volume manufacturing of substrates with precise thin-film properties, such as the hard disk drive, display cover panel. The Thin Film Equipment segment also previously designed, developed and marketed manufacturing equipment for the photovoltaic solar cell and semiconductor packaging industries. Geographically, majority of revenue is generated from Asia.
Executives
Kevin Soulsby officer: Chief Financial Officer, 3560 BASSETT STREET, SANTA CLARA CA 95054
Nigel Hunton director, officer: President and CEO 3560 BASSETT STREET, SANTA CLARA CA 95056
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
James P Moniz officer: Chief Financial Officer, 1383 E. CAMPBELL AVENUE, CAMPBELL CA 95008
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
David S Dury director C/O INTEVAC INC, 3560 BASSETT STREET, SANTA CLARA CA 95054
Kevin D Barber director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Dickinson Colin John officer: V.P. of Operations 3560 BASSETT STREET, SANTA CLARA CA 95054
Timothy Justyn officer: VP, Operations
Wendell Thomas Blonigan officer: President & CEO INTEVAC, INC., 3560 BASSETT STREET, SANTA CLARA CA 95054
Jay Cho officer: EVP & General Manager 3560 BASSETT STREET, SANTA CLARA CA 95054
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Stephen Jamison director 32 INDEPENDENCE ROAD, BEDFORD X1 01730
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Mark Popovich director 24 MACKENZIE LANE, COTO DE CAZA X1 92679

Intevac (Intevac) Headlines

From GuruFocus

Intevac Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

By Business Wire Business Wire 11-21-2022

Chuck Royce's Firm Increases Intevac Investment

By Sydnee Gatewood 04-13-2023

Bleichroeder LP Buys 4, Sells 1 in 1st Quarter

By GuruFocus Research GuruFocus Editor 07-27-2022

Intevac to Announce First Quarter Results on May 9th

By Business Wire Business Wire 04-18-2022

Intevac Announces $11 Million Order for 200 Lean Systems

By Business Wire Business Wire 05-02-2022

Intevac to Announce Third Quarter Results on November 2nd

By Business Wire Business Wire 10-25-2022