Indie Semiconductor (Indie Semiconductor) Days Payable

: 41.07 (As of Dec. 2023)

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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:

INDI' s Days Payable Range Over the Past 10 Years
Min: 44.52 Med: 61.38 Max: 127.45
Current: 47.06

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.

INDI's Days Payable is ranked worse than
54.9% of 960 companies
in the Semiconductors industry
Industry Median: 51.635 vs INDI: 47.06

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.

Indie Semiconductor Days Payable Historical Data

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.

* Premium members only.

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											64.01	59.01	48.17	47.48	41.07

Competitive Comparison

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.

Indie Semiconductor Days Payable Distribution

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.

Indie Semiconductor 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.

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

Indie Semiconductor Days Payable Related Terms

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Indie Semiconductor (Indie Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Indie Semiconductor Inc (NAS:INDI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

48H:Germany

Address

32 Journey, Aliso Viejo, CA, USA, 92656

Website

https://www.indiesemi.com

Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.

Executives

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