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Visa (FRA:3V64) Days Payable : 17.44 (As of Mar. 2024)


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What is Visa Days Payable?

Visa's average Accounts Payable for the three months ended in Mar. 2024 was €315 Mil. Visa's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,649 Mil. Hence, Visa's Days Payable for the three months ended in Mar. 2024 was 17.44.

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

FRA:3V64' s Days Payable Range Over the Past 10 Years
Min: 13.35   Med: 19.44   Max: 25.36
Current: 17.39

During the past 13 years, Visa's highest Days Payable was 25.36. The lowest was 13.35. And the median was 19.44.

FRA:3V64's Days Payable is ranked worse than
73.67% of 281 companies
in the Credit Services industry
Industry Median: 48.71 vs FRA:3V64: 17.39

Visa's Days Payable increased from Mar. 2023 (14.56) to Mar. 2024 (17.44). It may suggest that Visa delayed paying its suppliers.


Visa Days Payable Historical Data

The historical data trend for Visa'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.

Visa Days Payable Chart

Visa Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.40 13.79 16.15 17.95 20.61

Visa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.56 15.48 17.54 20.10 17.44

Competitive Comparison of Visa's Days Payable

For the Credit Services subindustry, Visa'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.


Visa's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Visa's Days Payable distribution charts can be found below:

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



Visa 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.

Visa's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (343.4 + 351.375) / 2 ) / 6153.279*365
=347.3875 / 6153.279*365
=20.61

Visa's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (319.116 + 310.96) / 2 ) / 1648.64*365 / 4
=315.038 / 1648.64*365 / 4
=17.44

* 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.


Visa Days Payable Related Terms

Thank you for viewing the detailed overview of Visa's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Visa (FRA:3V64) Business Description

Address
P.O. Box 8999, San Francisco, CA, USA, 94128-8999
Visa is the largest payment processor in the world. In fiscal 2022, it processed over $14 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.

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