Virtu Financial (LTS:0A7X) Days Payable : 377.27 (As of Dec. 2024)

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What is Virtu Financial Days Payable?

Virtu Financial's average Accounts Payable for the three months ended in Dec. 2024 was $1,355 Mil. Virtu Financial's Cost of Goods Sold for the three months ended in Dec. 2024 was $328 Mil. Hence, Virtu Financial's Days Payable for the three months ended in Dec. 2024 was 377.27.

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

LTS:0A7X' s Days Payable Range Over the Past 10 Years
Min: 334.87 Med: 518.28 Max: 797.04
Current: 431.06

During the past 13 years, Virtu Financial's highest Days Payable was 797.04. The lowest was 334.87. And the median was 518.28.

LTS:0A7X's Days Payable is ranked better than
68.2% of 522 companies
in the Capital Markets industry
Industry Median: 111.815 vs LTS:0A7X: 431.06

Virtu Financial's Days Payable declined from Dec. 2023 (566.51) to Dec. 2024 (377.27). It may suggest that Virtu Financial accelerated paying its suppliers.

Virtu Financial Days Payable Historical Data

The historical data trend for Virtu Financial'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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Virtu Financial Days Payable Chart

Virtu Financial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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443.86

418.39

334.87

487.65

520.73

Virtu Financial Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															566.51	476.75	390.95	403.16	377.27

Competitive Comparison of Virtu Financial's Days Payable

For the Capital Markets subindustry, Virtu Financial'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.

Virtu Financial's Days Payable Distribution in the Capital Markets Industry

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

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

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Virtu Financial 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.

Virtu Financial's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1642.234	+	1522.778)	/	2 )	/	1109.249	*	365
=	1582.506					/	1109.249	*	365
=	520.73

Virtu Financial's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1187.21	+	1522.778)	/	2 )	/	327.733	*	365 / 4
=	1354.994					/	327.733	*	365 / 4
=	377.27

Virtu Financial Days Payable Related Terms

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Virtu Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Virtu Financial Inc (LTS:0A7X) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VIRT:USA VIRT:Mexico 0VF:Germany

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.virtu.com

Virtu Financial Inc is a financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.

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