Marketwise (Marketwise) Days Payable

: 8.76 (As of Dec. 2023)

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Marketwise's average Accounts Payable for the three months ended in Dec. 2023 was $1.3 Mil. Marketwise's Cost of Goods Sold for the three months ended in Dec. 2023 was $13.1 Mil. Hence, Marketwise's Days Payable for the three months ended in Dec. 2023 was 8.76.

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

MKTW' s Days Payable Range Over the Past 10 Years
Min: 4 Med: 15.85 Max: 42.71
Current: 10.9

During the past 6 years, Marketwise's highest Days Payable was 42.71. The lowest was 4.00. And the median was 15.85.

MKTW's Days Payable is ranked worse than
90.81% of 2525 companies
in the Software industry
Industry Median: 51.49 vs MKTW: 10.90

Marketwise's Days Payable declined from Dec. 2022 (12.18) to Dec. 2023 (8.76). It may suggest that Marketwise accelerated paying its suppliers.

Marketwise Days Payable Historical Data

The historical data trend for Marketwise'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.

Marketwise Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

42.71

20.01

12.76

15.85

4.00

Marketwise Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable													12.18	8.48	16.47	16.77	8.76

Competitive Comparison

For the Software - Application subindustry, Marketwise'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.

Marketwise Days Payable Distribution

For the Software industry and Technology sector, Marketwise's Days Payable distribution charts can be found below:

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

Marketwise 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.

Marketwise'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
=	( (0.686	+	0.559)	/	2 )	/	56.802	*	365
=	0.6225					/	56.802	*	365
=	4.00

Marketwise'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
=	( (1.95	+	0.559)	/	2 )	/	13.065	*	365 / 4
=	1.2545					/	13.065	*	365 / 4
=	8.76

Marketwise Days Payable Related Terms

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

Marketwise (Marketwise) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marketwise Inc (NAS:MKTW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MKTW:Mexico

Address

1125 N. Charles Street, Baltimore, MD, USA, 21201

Website

https://corporate.marketwise.com

Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets.

Executives

Greenhaven Road Investment Management, L.p.	10 percent owner	8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Glenn H Tongue	director	600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Frank Porter Stansberry	10 percent owner	1217 ST. PAUL STREET, BALTIMORE MD 21202
Erik Mickels	officer: Chief Financial Officer	155 108TH AVENUE NE, SUITE 400, BELLEVUE WA 98004
Amber Lee Mason	officer: Chief Operating Officer	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Joseph Turner	director	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Tate Smith	director	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
David Eifrig	director	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Stephen M Park	officer: Chief Financial Officer	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Riaan Hodgson	director, officer: Chief Operating Officer	C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Greenhaven Road Special Opportunities Fund Lp	10 percent owner	8 SOUND SHORE DRIVE, SUITE 190, GREENWICH CT 06830
Gary Daniel Anderson	officer: GENERAL COUNSEL	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Mcginness James Andrew Iii	officer: Corporate Controller	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Marco Galsim	officer: Chief Information Officer	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Cynthia Suzanne Cherry	officer: Senior Director of HR	C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201