Marex Group (Marex Group) Days Payable : 1,309.89 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Marex Group Days Payable?

Marex Group's average Accounts Payable for the three months ended in Mar. 2024 was $5,908.5 Mil. Marex Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $411.6 Mil. Hence, Marex Group's Days Payable for the three months ended in Mar. 2024 was 1,309.89.

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

MRX' s Days Payable Range Over the Past 10 Years
Min: 1675.84 Med: 1970.94 Max: 5364.24
Current: 5364.24

During the past 3 years, Marex Group's highest Days Payable was 5364.24. The lowest was 1675.84. And the median was 1970.94.

MRX's Days Payable is ranked better than
93.37% of 528 companies
in the Capital Markets industry
Industry Median: 105.34 vs MRX: 5364.24

Marex Group's Days Payable increased from Dec. 2021 (0.00) to Mar. 2024 (1,309.89). It may suggest that Marex Group delayed paying its suppliers.

Marex Group Days Payable Historical Data

The historical data trend for Marex Group'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.

Marex Group Days Payable Chart

Marex Group Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

1,970.94

2,538.16

1,675.84

Marex Group Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Days Payable	-	-	1,641.41	-	1,309.89

Competitive Comparison of Marex Group's Days Payable

For the Capital Markets subindustry, Marex Group'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.

Marex Group's Days Payable Distribution in the Capital Markets Industry

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

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

Marex Group 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.

Marex Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (6189.7	+	5908.5)	/	2 )	/	1317.5	*	365
=	6049.1					/	1317.5	*	365
=	1,675.84

Marex Group'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
=	( (5908.5	+	0)	/	1 )	/	411.6	*	365 / 4
=	5908.5					/	411.6	*	365 / 4
=	1,309.89

Marex Group Days Payable Related Terms

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

Marex Group (Marex Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marex Group PLC (NAS:MRX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 Bishopsgate, London, GBR, EC2M 3TQ

Website

https://www.marex.com

Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.

Marex Group (Marex Group) Headlines

From GuruFocus

Marex Group plc Announces Pricing of Initial Public Offering

By Marketwired • 04-25-2024