INVZ (Innoviz Technologies) Days Payable : 124.95 (As of Sep. 2024)

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What is Innoviz Technologies Days Payable?

Innoviz Technologies's average Accounts Payable for the three months ended in Sep. 2024 was $6.42 Mil. Innoviz Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was $4.69 Mil. Hence, Innoviz Technologies's Days Payable for the three months ended in Sep. 2024 was 124.95.

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

INVZ' s Days Payable Range Over the Past 10 Years
Min: 64.7 Med: 235.17 Max: 1313.15
Current: 64.7

During the past 6 years, Innoviz Technologies's highest Days Payable was 1313.15. The lowest was 64.70. And the median was 235.17.

INVZ's Days Payable is ranked worse than
51.06% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs INVZ: 64.70

Innoviz Technologies's Days Payable increased from Sep. 2023 (111.64) to Sep. 2024 (124.95). It may suggest that Innoviz Technologies delayed paying its suppliers.

Innoviz Technologies Days Payable Historical Data

The historical data trend for Innoviz Technologies'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.

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Innoviz Technologies Days Payable Chart

Innoviz Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,313.15

424.30

235.17

174.37

92.14

Innoviz Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															111.64	39.91	71.43	75.42	124.95

Competitive Comparison of Innoviz Technologies's Days Payable

For the Auto Parts subindustry, Innoviz Technologies'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.

Innoviz Technologies's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Innoviz Technologies 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.

Innoviz Technologies'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
=	( (8.367	+	8.036)	/	2 )	/	32.49	*	365
=	8.2015					/	32.49	*	365
=	92.14

Innoviz Technologies's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (6.364	+	6.469)	/	2 )	/	4.686	*	365 / 4
=	6.4165					/	4.686	*	365 / 4
=	124.95

Innoviz Technologies Days Payable Related Terms

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Innoviz Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Innoviz Technologies Ltd (NAS:INVZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Uri Ariav street, Building C, Nitzba 300, Rosh HaAin, ISR, 4809202

Website

https://www.innoviz.tech

Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger cars and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructure, security and mapping.