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Infinera (Infinera) Days Payable : 109.51 (As of Sep. 2023)


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What is Infinera Days Payable?

Infinera's average Accounts Payable for the three months ended in Sep. 2023 was $281 Mil. Infinera's Cost of Goods Sold for the three months ended in Sep. 2023 was $234 Mil. Hence, Infinera's Days Payable for the three months ended in Sep. 2023 was 109.51.

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

INFN' s Days Payable Range Over the Past 10 Years
Min: 44.31   Med: 66.26   Max: 99.52
Current: 99.52

During the past 13 years, Infinera's highest Days Payable was 99.52. The lowest was 44.31. And the median was 66.26.

INFN's Days Payable is ranked better than
69.86% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs INFN: 99.52

Infinera's Days Payable increased from Sep. 2022 (81.08) to Sep. 2023 (109.51). It may suggest that Infinera delayed paying its suppliers.


Infinera Days Payable Historical Data

The historical data trend for Infinera'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.

Infinera Days Payable Chart

Infinera Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.12 87.14 86.58 77.19 91.70

Infinera Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 81.08 82.31 107.94 108.44 109.51

Competitive Comparison of Infinera's Days Payable

For the Communication Equipment subindustry, Infinera'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.


Infinera's Days Payable Distribution in the Hardware Industry

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

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



Infinera 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.

Infinera's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (216.404 + 304.88) / 2 ) / 1037.466*365
=260.642 / 1037.466*365
=91.70

Infinera's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (279.641 + 282.122) / 2 ) / 234.049*365 / 4
=280.8815 / 234.049*365 / 4
=109.51

* 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.


Infinera Days Payable Related Terms

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


Infinera (Infinera) Business Description

Traded in Other Exchanges
Address
6373 San Ignacio Avenue, San Jose, CA, USA, 95119
Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.
Executives
Michael H Fernicola officer: Chief Accounting Officer C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
David W Heard officer: GM, Products and Solutions C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
George Andrew Riedel director C/O NORTEL NETWORKS CORPORATION, 8200 DIXIE ROAD, SUITE 100, BRAMPTON A6 L6T 5P6
Paul J Milbury director
David F Welch officer: Chief Mkting & Strategy Ofcr C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Nicholas Walden officer: SVP, Worldwide Sales 140 CASPIAN COURT, SUNNYVALE CA 94089
Roop Kalyan Lakkaraju director BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Christine Bucklin director 608 30TH STREET, MANHATTAN BEACH CA 90266
Thomas J Fallon officer: Chief Operating Officer C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Mark A Wegleitner director C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Hooshmand Kambiz director 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Amy H. Rice director 333 SOUTH GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Partners Ltd 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3