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Rivian Automotive Days Payable

: 55.66 (As of Jun. 2022)
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Rivian Automotive's average Accounts Payable for the three months ended in Jun. 2022 was $651.5 Mil. Rivian Automotive's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,068.0 Mil. Hence, Rivian Automotive's Days Payable for the three months ended in Jun. 2022 was 55.66.

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

RIVN' s Days Payable Range Over the Past 10 Years
Min: 80.38   Med: 201.1   Max: 201.1
Current: 80.38

During the past 3 years, Rivian Automotive's highest Days Payable was 201.10. The lowest was 80.38. And the median was 201.10.

RIVN's Days Payable is ranked better than
83.11% of 1196 companies
in the Vehicles & Parts industry
Industry Median: 65.50 vs RIVN: 80.38

Rivian Automotive's Days Payable increased from Jun. 2021 (0.00) to Jun. 2022 (55.66). It may suggest that Rivian Automotive delayed paying its suppliers.


Rivian Automotive Days Payable Historical Data

The historical data trend for Rivian Automotive'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.

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21
Days Payable
- - 201.10

Rivian Automotive Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 340.81 93.96 80.55 55.66

Competitive Comparison

For the Auto Manufacturers subindustry, Rivian Automotive'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.

   

Rivian Automotive Days Payable Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's Days Payable distribution charts can be found below:

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



Rivian Automotive 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.

Rivian Automotive's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (90 + 483) / 2 ) / 520*365
=286.5 / 520*365
=201.10

Rivian Automotive's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (571 + 732) / 2 ) / 1068*365 / 4
=651.5 / 1068*365 / 4
=55.66

* 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.


Rivian Automotive Days Payable Related Terms

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Rivian Automotive Business Description

Rivian Automotive logo
Traded in Other Exchanges
Address
14600 Myford Road, Irvine, CA, USA, 92606
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories.
Executives
Flatley Jay T director 9885 TOWNE CENTRE DR SAN DIEGO CA 92121
Thomas-graham Pamela director C/O IDENIX PHARMACEUTICALS, INC. 60 HAMPSHIRE STREET CAMBRIDGE MA 02139
Baker Jeff officer: Chief Accounting Officer 1221 BROADWAY OAKLAND CA 94612
Boone Karen director 15 KOCH ROAD SUITE J CORTE MADERA CA 94925
Amazon Com Inc director, 10 percent owner 410 TERRY AVENUE NORTH SEATTLE WA 98109
Ford Motor Co 10 percent owner ONE AMERICAN RD DEARBORN MI 48126
Marcario Rose M director 21101 OXNARD STREET WOODLAND HILLS CA 91367
Mcdonough Claire officer: Chief Financial Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Krawiec Peter director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Scaringe Robert J director, officer: Chief Executive Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Behl Jiten officer: Chief Growth Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Schwartz Sanford Harold director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Global Oryx Group Holding Co Ltd 10 percent owner 15 ESPLANADE ST. HELIER Y9 JE1 1RB

Rivian Automotive Headlines

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