AVK (Advent Convertible &ome Fund) Days Payable: (As of Apr. 2026)

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AVK Advent Convertible & Income Fund AVK
48 GF Score
Price $12.19
GF Value $19.93
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Advent Convertible &ome Fund Days Payable?

Advent Convertible &ome Fund's average Accounts Payable for the six months ended in Apr. 2026 was $0.0 Mil. Advent Convertible &ome Fund's Cost of Goods Sold for the six months ended in Apr. 2026 was $3.8 Mil. Hence, Advent Convertible &ome Fund's Days Payable for the six months ended in Apr. 2026 was 0.00.

The historical rank and industry rank for Advent Convertible &ome Fund's Days Payable or its related term are showing as below:

AVK's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 69.735
* Ranked among companies with meaningful Days Payable only.

Advent Convertible &ome Fund's Days Payable stayed the same from Apr. 2025 () to Apr. 2026 ().


Advent Convertible &ome Fund Days Payable Historical Data

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The historical data trend for Advent Convertible &ome Fund'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.

Advent Convertible &ome Fund Days Payable Chart

Advent Convertible &ome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
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Advent Convertible &ome Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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AVK vs THW, NMCO, MMU: Days Payable Comparison

For the Asset Management subindustry, Advent Convertible &ome Fund'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.


Advent Convertible &ome Fund Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Convertible &ome Fund's Days Payable distribution charts can be found below:

* The bar in red indicates where Advent Convertible &ome Fund's Days Payable falls into.


AVK
48GF Score
Advent Convertible & Income Fund AVK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advent Convertible &ome Fund 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.

Advent Convertible &ome Fund's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( ( + ) / 1 ) / 7.712982*365
=0 / 7.712982*365
=0.00

Advent Convertible &ome Fund's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2025 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( ( + ) / 1 ) / 3.782594*365 / 2
=0 / 3.782594*365 / 2
=0.00

* 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.

Is Advent Convertible &ome Fund (AVK) Overvalued in 2026?

Based on GuruFocus' analysis, Advent Convertible &ome Fund stock appears to be undervalued. The current stock price of $12.19 is trading 38.8% below its estimated GF Value™ of $19.93. GuruFocus considers Advent Convertible &ome Fund to be Significantly Undervalued.

Key valuation signals for AVK:

  • Days Payable:
  • GF Value™: $19.93 vs. price of $12.19 (38.8% below fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the AVK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advent Convertible &ome Fund Business Description

Address 888 Seventh Avenue, 31st Floor, New York, NY, USA, 10019
Advent Convertible & Income Fund is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in various sectors, such as communications, utilities, energy, industrial, technology, and others.
48GF Score

Get the complete analysis for AVK

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.19
Price
$19.93
GF Value