Value Line (Value Line) Days Payable

: 26.08 (As of Jan. 2024)

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Value Line's average Accounts Payable for the three months ended in Jan. 2024 was $1.06 Mil. Value Line's Cost of Goods Sold for the three months ended in Jan. 2024 was $3.72 Mil. Hence, Value Line's Days Payable for the three months ended in Jan. 2024 was 26.08.

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

VALU' s Days Payable Range Over the Past 10 Years
Min: 27.5 Med: 41 Max: 54.62
Current: 27.5

During the past 13 years, Value Line's highest Days Payable was 54.62. The lowest was 27.50. And the median was 41.00.

VALU's Days Payable is ranked worse than
71.56% of 524 companies
in the Capital Markets industry
Industry Median: 94.035 vs VALU: 27.50

Value Line's Days Payable declined from Jan. 2023 (30.06) to Jan. 2024 (26.08). It may suggest that Value Line accelerated paying its suppliers.

Value Line Days Payable Historical Data

The historical data trend for Value Line'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.

Value Line Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

40.99

41.39

39.99

35.72

30.93

Value Line Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																30.06	29.95	28.36	25.84	26.08

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Value Line'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.

Value Line Days Payable Distribution

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

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

Value Line 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.

Value Line's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (1.314	+	1.263)	/	2 )	/	15.203	*	365
=	1.2885					/	15.203	*	365
=	30.93

Value Line's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1.032	+	1.094)	/	2 )	/	3.719	*	365 / 4
=	1.063					/	3.719	*	365 / 4
=	26.08

Value Line Days Payable Related Terms

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Value Line (Value Line) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Value Line Inc (NAS:VALU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Fifth Avenue, 3rd Floor, New York, NY, USA, 10176-0001

Website

https://www.valueline.com

Value Line Inc is a U.S based company. It produces investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes. The company markets under well-known brands including Value Line, the Value Line logo, The Value Line Investment Survey, Smart Research, Smarter Investing and The Most Trusted Name in Investment Research. Its only operating segment being Publishing.

Executives

Glenn J. Muenzer	director	357 HARVARD COURT, EAST MEADOW NY 11554
Alfred R Fiore	director	1 ANGORA ROAD, WESTPORT CT 06880
Howard A Brecher	director, officer: Acting Chairman and Acting CEO	VALUE LINE 220 E 42ND ST, SUITE 600, NEW YORK NY 10017
Stephen Anastasio	officer: Chief Financial Officer	220 E 42ND STREET, NEW YORK NY 10017
William Edward Reed	director	12 KNORR STREET, NORWALK CT 06854
Mary Bernstein	director	220 E 42ND STREET, NEW YORK NY 10017
Stephen P Davis	director	57 EAST 95TH STREET, NEW YORK NY 10128
Thomas Sarkany	director, officer: Secretary	220 EAST 42ND STREET, 6TH FLOOR, NEW YORK NY 10017
Robert M. Perkins,	director	220 EAST 42ND STREET, 6TH FLOOR, NEW YORK CITY NY 10017
Ruth O. Legon,	director	220 EAST 42ND STREET, 6TH FLOOR, NEW YORK CITY NY 10017
Arnold Bernhard & Co Inc	10 percent owner	220 EAST 42ND STREET 6TH FLOOR, NEW YORK NY 10017
Janet Eakman	director	220 E 42ND STREET, NEW YORK NY 10017
Mitchell Eric Appel	officer: CFO	VALUE LINE INC, 220 EAST 42ND STREET 6TH FLOOR, NEW YORK NY 10017
Edward J Shanahan	director	220 EAST 42 STREET, NEW YORK NY 10017
Marianne B Asher	director