PI (Impinj) Days Payable : 34.30 (As of Sep. 2024)

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What is Impinj Days Payable?

Impinj's average Accounts Payable for the three months ended in Sep. 2024 was $17.9 Mil. Impinj's Cost of Goods Sold for the three months ended in Sep. 2024 was $47.6 Mil. Hence, Impinj's Days Payable for the three months ended in Sep. 2024 was 34.30.

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

PI' s Days Payable Range Over the Past 10 Years
Min: 23.71 Med: 37.36 Max: 55.94
Current: 28.09

During the past 12 years, Impinj's highest Days Payable was 55.94. The lowest was 23.71. And the median was 37.36.

PI's Days Payable is ranked worse than
79.98% of 974 companies
in the Semiconductors industry
Industry Median: 52.37 vs PI: 28.09

Impinj's Days Payable declined from Sep. 2023 (51.50) to Sep. 2024 (34.30). It may suggest that Impinj accelerated paying its suppliers.

Impinj Days Payable Historical Data

The historical data trend for Impinj'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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Impinj Days Payable Chart

Impinj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.71

38.94

43.71

55.94

39.52

Impinj 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															51.50	24.41	21.00	25.08	34.30

Competitive Comparison of Impinj's Days Payable

For the Semiconductors subindustry, Impinj'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.

Impinj's Days Payable Distribution in the Semiconductors Industry

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

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

Impinj 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.

Impinj'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
=	( (25.024	+	8.661)	/	2 )	/	155.557	*	365
=	16.8425					/	155.557	*	365
=	39.52

Impinj'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
=	( (15.305	+	20.504)	/	2 )	/	47.629	*	365 / 4
=	17.9045					/	47.629	*	365 / 4
=	34.30

Impinj Days Payable Related Terms

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Impinj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Impinj Inc (NAS:PI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PI:Mexico 0J9J:UK 27J:Germany

Address

400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109

Website

https://www.impinj.com

Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.

Executives

Cathal G Phelan	director	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Jeffrey Dossett	officer: EVP, Sales & Marketing	400 FAIRVIEW AVE. N, SUITE 1200, SEATTLE WA 98109
Diorio Chris Ph.d.	director, officer: Chief Executive Officer	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Hussein Mecklai	officer: Chief Operating Officer	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Cary Baker	officer: Chief Financial Officer	1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Umesh Padval	director	BESSEMER VENTURE PARTNERS, 535 MIDDLEFIELD ROAD, SUITE 245, MENLO PARK CA 94025
Miron Washington	director	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Sylebra Capital Ltd	10 percent owner	28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Steve Sanghi	director	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Gregory Sessler	director	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Meera Rao	director	1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Van Oppen Peter H	director	P O BOX 97057, REDMOND WA 98073-9757
Daniel Patrick Gibson	director, 10 percent owner	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Denise Masters	officer: VP Accounting	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Eric Brodersen	officer: President and COO	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109