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Rivian Automotive (Rivian Automotive) Days Sales Outstanding : 13.81 (As of Dec. 2023)


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What is Rivian Automotive Days Sales Outstanding?

Rivian Automotive's average Accounts Receivable for the three months ended in Dec. 2023 was $199 Mil. Rivian Automotive's Revenue for the three months ended in Dec. 2023 was $1,315 Mil. Hence, Rivian Automotive's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.81.

The historical rank and industry rank for Rivian Automotive's Days Sales Outstanding or its related term are showing as below:

RIVN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.82   Med: 14.09   Max: 106.18
Current: 16.45

During the past 5 years, Rivian Automotive's highest Days Sales Outstanding was 106.18. The lowest was 10.82. And the median was 14.09.

RIVN's Days Sales Outstanding is ranked better than
89.27% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.74 vs RIVN: 16.45

Rivian Automotive's Days Sales Outstanding declined from Dec. 2022 (14.31) to Dec. 2023 (13.81).


Rivian Automotive Days Sales Outstanding Historical Data

The historical data trend for Rivian Automotive's Days Sales Outstanding 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.

Rivian Automotive Days Sales Outstanding Chart

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
- - 106.18 14.09 10.82

Rivian Automotive Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding 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 14.31 17.88 20.31 19.76 13.81

Competitive Comparison of Rivian Automotive's Days Sales Outstanding

For the Auto Manufacturers subindustry, Rivian Automotive's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Rivian Automotive's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Rivian Automotive's Days Sales Outstanding falls into.



Rivian Automotive Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Rivian Automotive's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (102 + 161) / 2 ) / 4434*365
=131.5 / 4434*365
=10.82

Rivian Automotive's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (237 + 161) / 2 ) / 1315*365 / 4
=199 / 1315*365 / 4
=13.81

* 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.


Rivian Automotive  (NAS:RIVN) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Rivian Automotive Days Sales Outstanding Related Terms

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


Rivian Automotive (Rivian Automotive) Business Description

Traded in Other Exchanges
Address
14600 Myford Road, Irvine, CA, USA, 92606
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).
Executives
Claire Mcdonough officer: Chief Financial Officer C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Kjell Gruner officer: Chief Commercial Officer C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
John Krafcik director C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Jeff Baker officer: Chief Accounting Officer 1221 BROADWAY, OAKLAND CA 94612
Harald Kroeger director C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92606
Jay T Flatley director 9885 TOWNE CENTRE DR, SAN DIEGO CA 92121
Jiten Behl officer: Chief Growth Officer C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Robert J Scaringe director, officer: Chief Executive Officer C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Ford Motor Co 10 percent owner ONE AMERICAN RD, DEARBORN MI 48126
Pamela Thomas-graham director C/O IDENIX PHARMACEUTICALS, INC., 60 HAMPSHIRE STREET, CAMBRIDGE MA 02139
Karen Boone director 15 KOCH ROAD, SUITE J, CORTE MADERA CA 94925
Rose M Marcario director 21101 OXNARD STREET, WOODLAND HILLS CA 91367
Peter Krawiec director C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Sanford Harold Schwartz director C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Amazon Com Inc director, 10 percent owner 410 TERRY AVENUE NORTH, SEATTLE WA 98109