Impinj Inc (PI)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 15.90 | 30.30 | 8.12 | 13.93 | 13.55 | |
| Number of days of payables | days | 22.96 | 12.04 | 44.96 | 26.19 | 26.95 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.90
= 22.96
The number of days of payables for Impinj Inc has fluctuated over the years based on the data provided. As of December 31, 2020, the company took approximately 26.95 days to pay its payables. This decreased to around 26.19 days by December 31, 2021. However, by December 31, 2022, the number of days of payables significantly increased to 44.96 days, indicating a potential delay in paying off obligations.
Interestingly, the trend changed by December 31, 2023, with the number of days of payables dropping to just 12.04 days, suggesting a significant improvement in paying obligations promptly. Nonetheless, by December 31, 2024, the number of days of payables rose again to 22.96 days, indicating a slight delay compared to the previous year.
Overall, monitoring the number of days of payables can provide insights into Impinj Inc's liquidity management and its relationships with suppliers in terms of payment terms and working capital efficiency.
Peer comparison
Dec 31, 2024