Vitru (VTRU) Days Payable : 51.96 (As of Dec. 2023)

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What is Vitru Days Payable?

Vitru's average Accounts Payable for the three months ended in Dec. 2023 was $20.3 Mil. Vitru's Cost of Goods Sold for the three months ended in Dec. 2023 was $35.7 Mil. Hence, Vitru's Days Payable for the three months ended in Dec. 2023 was 51.96.

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

VTRU' s Days Payable Range Over the Past 10 Years
Min: 35.73 Med: 53.11 Max: 58.44
Current: 50.08

During the past 7 years, Vitru's highest Days Payable was 58.44. The lowest was 35.73. And the median was 53.11.

VTRU's Days Payable is ranked better than
60.19% of 211 companies
in the Education industry
Industry Median: 35.9 vs VTRU: 50.08

Vitru's Days Payable increased from Dec. 2022 (50.77) to Dec. 2023 (51.96). It may suggest that Vitru delayed paying its suppliers.

Vitru Days Payable Historical Data

The historical data trend for Vitru'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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Vitru Days Payable Chart

Vitru Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

41.41

57.54

58.44

50.28

55.94

Vitru Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															50.77	51.48	41.40	49.59	51.96

Competitive Comparison of Vitru's Days Payable

For the Education & Training Services subindustry, Vitru'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.

Vitru's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Vitru's Days Payable distribution charts can be found below:

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

Vitru 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.

Vitru'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
=	( (19.007	+	22.873)	/	2 )	/	136.634	*	365
=	20.94					/	136.634	*	365
=	55.94

Vitru's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (17.818	+	22.873)	/	2 )	/	35.732	*	365 / 4
=	20.3455					/	35.732	*	365 / 4
=	51.96

Vitru Days Payable Related Terms

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Vitru (VTRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Vitru Ltd (NAS:VTRU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5500, Torre Jurere A, 2nd floor, Saco Grande, Rodovia Jose Carlos Daux, Florianopolis, SC, BRA, 88032-005

Website

https://www.vitru.com.br

Vitru Ltd is a digital education provider in Brazil. It provides post-secondary distance learning programs. The company provides a complete pedagogical ecosystem focused on hybrid digital education experience for undergraduates and continuing education. The programs are provided in multiple formats namely, videos, eBook, podcasts and html text, among others. The segments of the company are digital education undergraduate courses, on-campus undergraduate and continuing education courses.