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Identiv (FRA:INVN) Days Payable : 70.45 (As of Mar. 2024)


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What is Identiv Days Payable?

Identiv's average Accounts Payable for the three months ended in Mar. 2024 was €10.0 Mil. Identiv's Cost of Goods Sold for the three months ended in Mar. 2024 was €13.0 Mil. Hence, Identiv's Days Payable for the three months ended in Mar. 2024 was 70.45.

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

FRA:INVN' s Days Payable Range Over the Past 10 Years
Min: 46.91   Med: 66.41   Max: 71.03
Current: 57.83

During the past 13 years, Identiv's highest Days Payable was 71.03. The lowest was 46.91. And the median was 66.41.

FRA:INVN's Days Payable is ranked worse than
59.98% of 2424 companies
in the Hardware industry
Industry Median: 68.11 vs FRA:INVN: 57.83

Identiv's Days Payable increased from Mar. 2023 (68.82) to Mar. 2024 (70.45). It may suggest that Identiv delayed paying its suppliers.


Identiv Days Payable Historical Data

The historical data trend for Identiv'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.

Identiv Days Payable Chart

Identiv 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 55.49 70.61 56.59 63.59 68.68

Identiv Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 68.82 55.78 56.69 59.66 70.45

Competitive Comparison of Identiv's Days Payable

For the Computer Hardware subindustry, Identiv'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.


Identiv's Days Payable Distribution in the Hardware Industry

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

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



Identiv 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.

Identiv'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
=( (14.378 + 11.233) / 2 ) / 68.059*365
=12.8055 / 68.059*365
=68.68

Identiv's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (11.233 + 8.799) / 2 ) / 12.973*365 / 4
=10.016 / 12.973*365 / 4
=70.45

* 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.


Identiv Days Payable Related Terms

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


Identiv (FRA:INVN) Business Description

Traded in Other Exchanges
Address
2201 Walnut Avenue, Suite 100, Fremont, CA, USA, 94538
Identiv Inc is a security technology company. It secures and manages access to physical places, things, and information. The company has two reportable segments namely the Premises segment which includes solutions to address the premises security market for government and enterprise, including access control, video surveillance, analytics, customer experience, and other applications. Its Identity segment includes products and solutions enabling secure access to information serving the logical access and cyber security market and protecting assets and objects in the IoT with RFID. Geographically, it generates maximum revenue from the Americas and also has a presence in Europe and the Middle East and Asia-Pacific. The company derives the majority of revenue from the Identity segment.

Identiv (FRA:INVN) Headlines

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