Impinj Inc (PI)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 15.90 | 13.14 | 16.87 | 27.68 | 30.30 | 23.21 | 8.96 | 6.17 | 8.12 | 14.21 | 17.61 | 18.41 | 13.93 | 18.56 | 13.61 | 15.64 | 13.55 | 16.06 | 32.01 | 21.42 | |
| Number of days of payables | days | 22.96 | 27.78 | 21.64 | 13.19 | 12.04 | 15.73 | 40.72 | 59.13 | 44.96 | 25.68 | 20.73 | 19.82 | 26.19 | 19.66 | 26.83 | 23.34 | 26.95 | 22.72 | 11.40 | 17.04 |
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 shown variations over the past few years. It ranged from a low of 11.40 days on June 30, 2020, to a high of 59.13 days on March 31, 2023. Generally, a lower number of days of payables indicates that the company takes fewer days to pay its suppliers, which can be a sign of strong cash flow management.
During the latest period, the number of days of payables for Impinj Inc stood at 22.96 days on December 31, 2024, reflecting a moderate level compared to previous periods. This suggests that the company takes approximately 22.96 days on average to settle its outstanding payables to suppliers.
It is important for stakeholders to monitor trends in the number of days of payables as it can provide insights into the company's liquidity position, supplier relationships, and working capital management strategies. Further analysis and comparison with industry benchmarks can help assess Impinj Inc's efficiency in managing its payables and overall financial health.
Peer comparison
Dec 31, 2024