Rivian Automotive's average Accounts Payable for the
three
months ended in Mar. 2022 was $527.0 Mil. Rivian Automotive's Cost of Goods Sold for the
three
months ended in Mar. 2022 was $597.0 Mil.
Hence, Rivian Automotive's Days Payable for the
three
months ended in Mar. 2022 was 80.55.
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: 136.75 Med: 201.1 Max: 201.1
Current: 136.75
During the past 3 years, Rivian Automotive's highest Days Payable was 201.10. The lowest was 136.75. And the median was 201.10.
RIVN's Days Payable is ranked better than 83.12% of 1197
companies
in the Vehicles & Parts industry
Industry Median: 65.36
vs RIVN: 136.75
Rivian Automotive's Days Payable
increased
from Mar. 2021 (0.00) to Mar. 2022 (80.55).
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
Days Payable
-
-
340.81
93.96
80.55
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
* 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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