Tradeweb Markets (Tradeweb Markets) Days Payable : 364.56 (As of Mar. 2024)

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What is Tradeweb Markets Days Payable?

Tradeweb Markets's average Accounts Payable for the three months ended in Mar. 2024 was $572 Mil. Tradeweb Markets's Cost of Goods Sold for the three months ended in Mar. 2024 was $143 Mil. Hence, Tradeweb Markets's Days Payable for the three months ended in Mar. 2024 was 364.56.

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

TW' s Days Payable Range Over the Past 10 Years
Min: 36.65 Med: 55.45 Max: 213.74
Current: 213.74

During the past 8 years, Tradeweb Markets's highest Days Payable was 213.74. The lowest was 36.65. And the median was 55.45.

TW's Days Payable is ranked better than
60.76% of 525 companies
in the Capital Markets industry
Industry Median: 95.55 vs TW: 213.74

Tradeweb Markets's Days Payable increased from Mar. 2023 (50.02) to Mar. 2024 (364.56). It may suggest that Tradeweb Markets delayed paying its suppliers.

Tradeweb Markets Days Payable Historical Data

The historical data trend for Tradeweb Markets'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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Tradeweb Markets Days Payable Chart

Tradeweb Markets Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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153.47

55.45

36.65

40.85

185.28

Tradeweb Markets Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															50.02	103.83	86.74	167.10	364.56

Competitive Comparison of Tradeweb Markets's Days Payable

For the Capital Markets subindustry, Tradeweb Markets'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.

Tradeweb Markets's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tradeweb Markets's Days Payable distribution charts can be found below:

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

Tradeweb Markets 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.

Tradeweb Markets'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
=	( (57.954	+	409.365)	/	2 )	/	460.305	*	365
=	233.6595					/	460.305	*	365
=	185.28

Tradeweb Markets's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (409.365	+	733.939)	/	2 )	/	143.087	*	365 / 4
=	571.652					/	143.087	*	365 / 4
=	364.56

Tradeweb Markets Days Payable Related Terms

Thank you for viewing the detailed overview of Tradeweb Markets's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tradeweb Markets (Tradeweb Markets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tradeweb Markets Inc (NAS:TW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4T0:Germany 4T0:Germany

Address

1177 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.tradeweb.com

Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.

Executives

William Hult	director, officer: President	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Douglas Friedman	officer: General Counsel and Secretary	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Scott Zucker	officer: Chief Admin. and Risk Officer	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Enrico Bruni	officer: Managing Director, Europe/Asia	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Justin Peterson	officer: Chief Technology Officer	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Rana Yared	director	1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Catherine Johnson	director	1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Tradeweb Markets Inc.	director	1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Steven Berns	director	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Sara Furber	officer: Chief Financial Officer	MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVE, NEW YORK NY 10036
Lee Olesky	director, officer: Chief Executive Officer	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Troy Dixon	director	PO BOX 25250, PMB 13941, MIAMI FL 33102
Jacques Aigrain	director	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Simon Maisey	officer: Managing Director, Corp. Dev.	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Balbir Bakhshi	director	1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036