VIRT (Virtu Financial) Days Payable: 393.81 (As of Jun. 2026) — 22% Below Median

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VIRT Virtu Financial Inc VIRT
80 GF Score
Price $61.19
GF Value $45.24
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Virtu Financial Days Payable?

Virtu Financial VIRT +2.02% 80 Days Payable is 393.81 as of Jun. 2026, which is 22% below its 10-year median of 501.74. GuruFocus rates VIRT with a GF Score™ of 80/100 and a GF Value™ of $45.24 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 538 Capital Markets companies, Virtu Financial ranks better than 73.61% on this metric.

Virtu Financial's average Accounts Payable for the three months ended in Jun. 2026 was $2,053 Mil. Virtu Financial's Cost of Goods Sold for the three months ended in Jun. 2026 was $476 Mil. Hence, Virtu Financial's Days Payable for the three months ended in Jun. 2026 was 393.81.

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

VIRT' s Days Payable Range Over the Past 10 Years
Min: 334.87   Med: 501.74   Max: 797.04
Current: 506.85

During the past 13 years, Virtu Financial's highest Days Payable was 797.04. The lowest was 334.87. And the median was 501.74.

VIRT's Days Payable is ranked better than
73.61% of 538 companies
in the Capital Markets industry
Industry Median: 93.795 vs VIRT: 506.85

Virtu Financial's Days Payable declined from Jun. 2025 (425.91) to Jun. 2026 (393.81). It may suggest that Virtu Financial accelerated paying its suppliers.


Virtu Financial Days Payable Historical Data

* Premium members only.

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.

Virtu Financial Days Payable Chart

Virtu Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 418.39 334.87 487.65 520.73 452.29

Virtu Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 425.91 571.37 658.69 490.55 393.81

VIRT vs PIPR, MC, BGC: Days Payable Comparison

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 Days Payable vs 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.


VIRT
80GF Score
Virtu Financial Inc VIRT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1522.778 + 1693.731) / 2 ) / 1297.859*365
=1608.2545 / 1297.859*365
=452.29

Virtu Financial's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (2039.097 + 2066.568) / 2 ) / 475.669*365 / 4
=2052.8325 / 475.669*365 / 4
=393.81

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 393.81 mean?
Virtu Financial (VIRT) has a Days Payable of 393.81 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Virtu Financial and its competitors. This is 22% below median its historical median of 501.74. Over the past decade, Virtu Financial's Days Payable has ranged from 334.87 to 797.04. According to the industry distribution chart, Virtu Financial ranks #142 out of 538 companies in the Capital Markets industry, placing it in the top 26.4%.
Is Virtu Financial's Days Payable too high?
Virtu Financial's current Days Payable of 393.81 is 22% below median its 10-year median of 501.74. Over the past 10 years, this metric has ranged from a low of 334.87 to a high of 797.04. The Capital Markets industry median Days Payable is 93.80. Virtu Financial's value of 393.81 is 319.9% above this industry median. Based on the distribution chart, Virtu Financial ranks #142 out of 538 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Virtu Financial has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Virtu Financial's Days Payable compare to PIPR and MC?
According to the Capital Markets industry distribution chart, Virtu Financial ranks #142 out of 538 companies for Days Payable. This puts Virtu Financial in the upper half of its industry. The industry median Days Payable is 93.80. Virtu Financial's value of 393.81 is 319.9% above this benchmark. Historically, Virtu Financial's own Days Payable has ranged from 334.87 to 797.04 over the past decade. While the company's 10-year median is 501.74 vs. the industry median of 93.80, Virtu Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Capital Markets company?
The median Days Payable among Capital Markets companies is 93.80, based on 538 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virtu Financial's current Days Payable of 393.81 is 319.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Virtu Financial and its competitors. For the Capital Markets industry, the median Days Payable is 93.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtu Financial's current Days Payable is 393.81, which is 22% below median its own 10-year median of 501.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtu Financial stock overvalued right now?
Based on GuruFocus' analysis, Virtu Financial (VIRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.24, compared to a current price of $61.19 — trading 35.3% above its estimated fair value. The current Days Payable is 393.81, which is 22% below median its 10-year median of 501.74 and 319.9% above the Capital Markets industry median of 93.80. Virtu Financial's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Virtu Financial (VIRT), the current Days Payable is 393.81 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Virtu Financial (VIRT) Overvalued in 2026?

Based on GuruFocus' analysis, Virtu Financial stock appears to be overvalued. The current stock price of $61.19 is trading 35.3% above its estimated GF Value™ of $45.24. GuruFocus considers Virtu Financial to be Significantly Overvalued.

Key valuation signals for VIRT:

  • Days Payable: 393.81 (22% below median its 10-year median of 501.74)
  • GF Value™: $45.24 vs. price of $61.19 (35.3% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 319.9% above the Capital Markets median (#142 of 538)

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


Virtu Financial Business Description

Address 1633 Broadway, New York, NY, USA, 10019
Virtu Financial Inc is a financial firm that leverages technology to deliver liquidity to the world-wide markets and 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.
80GF Score

Get the complete analysis for VIRT

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

$61.19
Price
$45.24
GF Value