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MKTW (Marketwise) Days Payable : 26.25 (As of Dec. 2024)


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What is Marketwise Days Payable?

Marketwise's average Accounts Payable for the three months ended in Dec. 2024 was $3.2 Mil. Marketwise's Cost of Goods Sold for the three months ended in Dec. 2024 was $11.0 Mil. Hence, Marketwise's Days Payable for the three months ended in Dec. 2024 was 26.25.

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: 16.16   Max: 42.71
Current: 19.32

During the past 7 years, Marketwise's highest Days Payable was 42.71. The lowest was 4.00. And the median was 16.16.

MKTW's Days Payable is ranked worse than
76.31% of 515 companies
in the Capital Markets industry
Industry Median: 100.15 vs MKTW: 19.32

Marketwise's Days Payable increased from Dec. 2023 (8.76) to Dec. 2024 (26.25). It may suggest that Marketwise delayed 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 Days Payable Chart

Marketwise Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 20.01 12.76 15.85 4.00 16.46

Marketwise Quarterly Data
Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.76 11.93 22.21 20.87 26.25

Competitive Comparison of Marketwise's Days Payable

For the Financial Data & Stock Exchanges 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's Days Payable Distribution in the Capital Markets Industry

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

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


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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. 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
=( (0.559 + 4.011) / 2 ) / 50.663*365
=2.285 / 50.663*365
=16.46

Marketwise'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
=( (2.326 + 4.011) / 2 ) / 11.014*365 / 4
=3.1685 / 11.014*365 / 4
=26.25

* 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.


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 Business Description

Traded in Other Exchanges
N/A
Address
1125 N. Charles Street, Baltimore, MD, USA, 21201
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
Glenn H Tongue director 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Greenhaven Road Capital Fund 2, L.p. 10 percent owner 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Erik Mickels officer: Chief Financial Officer 155 108TH AVENUE NE, SUITE 400, BELLEVUE WA 98004
Greenhaven Road Investment Management, L.p. 10 percent owner 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Frank Porter Stansberry 10 percent owner 1217 ST. PAUL STREET, BALTIMORE MD 21202
Amber Lee Mason officer: Chief Operating Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Tate Smith director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Joseph Turner 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