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Rigetti Computing (Rigetti Computing) Days Payable : 382.98 (As of Dec. 2023)


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What is Rigetti Computing Days Payable?

Rigetti Computing's average Accounts Payable for the three months ended in Dec. 2023 was $3.61 Mil. Rigetti Computing's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.86 Mil. Hence, Rigetti Computing's Days Payable for the three months ended in Dec. 2023 was 382.98.

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

RGTI' s Days Payable Range Over the Past 10 Years
Min: 193.49   Med: 508.81   Max: 3932.62
Current: 306.7

During the past 4 years, Rigetti Computing's highest Days Payable was 3932.62. The lowest was 193.49. And the median was 508.81.

RGTI's Days Payable is ranked better than
95.83% of 2422 companies
in the Hardware industry
Industry Median: 67.85 vs RGTI: 306.70

Rigetti Computing's Days Payable increased from Dec. 2022 (206.38) to Dec. 2023 (382.98). It may suggest that Rigetti Computing delayed paying its suppliers.


Rigetti Computing Days Payable Historical Data

The historical data trend for Rigetti Computing'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.

* Premium members only.

Rigetti Computing Days Payable Chart

Rigetti Computing Annual Data
Trend Jan20 Jan21 Dec22 Dec23
Days Payable
3,932.62 515.09 193.49 502.53

Rigetti Computing Quarterly Data
Jan20 Oct20 Jan21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 206.38 322.24 199.54 130.97 382.98

Competitive Comparison of Rigetti Computing's Days Payable

For the Computer Hardware subindustry, Rigetti Computing'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.


Rigetti Computing's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rigetti Computing's Days Payable distribution charts can be found below:

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



Rigetti Computing 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.

Rigetti Computing'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
=( (1.938 + 5.772) / 2 ) / 2.8*365
=3.855 / 2.8*365
=502.53

Rigetti Computing's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.447 + 5.772) / 2 ) / 0.86*365 / 4
=3.6095 / 0.86*365 / 4
=382.98

* 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.


Rigetti Computing Days Payable Related Terms

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Rigetti Computing (Rigetti Computing) Business Description

Traded in Other Exchanges
N/A
Address
775 Heinz Avenue, Berkeley, CA, USA, 94710
Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, it derives a majority of its revenue from the United States.
Executives
Richard Danis officer: General Counsel and Corp. Sec. 5808 LAKE WASHINGTON BLVD. NE, SUITE 300, KIRKLAND WA 98033
David Rivas officer: SVP, Sys. and Serv. (Software) C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94701
Thomas J Iannotti director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Alissa Fitzgerald director C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Cathy L Mccarthy director 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Jeffrey A. Bertelsen officer: Chief Financial Officer 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Mike Harburn officer: SVP, Fabrication Ops. Hardware C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Chad Rigetti director, officer: President and CEO C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Brian J Sereda officer: Chief Financial Officer 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Subodh K Kulkarni officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Supernova Partners Ii, Llc other: Former 10% Owner 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007
Gregory John Peters officer: Chief Revenue Officer C/O RIGETTI COMPUTING, INC., 775 HEINZ AVENUE, BERKELEY CA 94710
Helene Gail Sandford director C/O RIGETTI & CO., INC., 775 HEINZ AVENUE, BERKELEY CA 94710
Amanda Sue Birch officer: SVP, Technology Partnerships C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Bessemer Venture Partners X L.p. 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538