Sphere 3DANY -6.64%58 Days Payable is 17.76 as of Mar. 2026, which is 91% below its 10-year median of 208.68. GuruFocus rates ANY with a GF Score™ of 58/100 and a GF Value™ of $3.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 538 Capital Markets companies, Sphere 3D ranks worse than 70.45% on this metric.
Sphere 3D's average Accounts Payable for the
three
months ended in Mar. 2026 was $0.31 Mil. Sphere 3D's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $1.60 Mil.
Hence, Sphere 3D's Days Payable for the
three
months ended in Mar. 2026 was 17.76.
The historical rank and industry rank for Sphere 3D's Days Payable or its related term are showing as below:
ANY'
s Days Payable Range Over the Past 10 Years
Min: 25.98 Med: 208.68 Max: 427.57
Current: 25.98
During the past 13 years, Sphere 3D's highest Days Payable was 427.57. The lowest was 25.98. And the median was 208.68.
ANY's Days Payable is ranked worse than 70.45% of 538
companies
in the Capital Markets industry
Industry Median: 91.345
vs ANY: 25.98
Sphere 3D's Days Payable
declined
from Mar. 2025 (59.81) to Mar. 2026 (17.76).
It may suggest that Sphere 3Daccelerated paying its suppliers.
Sphere 3D Days Payable Related Terms
Sphere 3D Days Payable Historical Data
* Premium members only.
The historical data trend for Sphere 3D'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.
For the Capital Markets subindustry, Sphere 3D'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.
Sphere 3D Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Sphere 3D's Days Payable distribution charts can be found below:
* The bar in red indicates where Sphere 3D's Days Payable falls into.
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.
Sphere 3D's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Sphere 3D (ANY) has a Days Payable of 17.76 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sphere 3D and its competitors. This is 91% below median its historical median of 208.68. Over the past decade, Sphere 3D's Days Payable has ranged from 25.98 to 427.57. According to the industry distribution chart, Sphere 3D ranks #379 out of 538 companies in the Capital Markets industry, placing it in the top 70.4%.
Is Sphere 3D's Days Payable too high?
Sphere 3D's current Days Payable of 17.76 is 91% below median its 10-year median of 208.68. Over the past 10 years, this metric has ranged from a low of 25.98 to a high of 427.57. The Capital Markets industry median Days Payable is 91.35. Sphere 3D's value of 17.76 is 80.6% below this industry median. Based on the distribution chart, Sphere 3D ranks #379 out of 538 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Sphere 3D has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sphere 3D's Days Payable compare to NCPL and MEGL?
According to the Capital Markets industry distribution chart, Sphere 3D ranks #379 out of 538 companies for Days Payable. This places Sphere 3D in the lower half of its industry. The industry median Days Payable is 91.35. Sphere 3D's value of 17.76 is 80.6% below this benchmark. Historically, Sphere 3D's own Days Payable has ranged from 25.98 to 427.57 over the past decade. While the company's 10-year median is 208.68 vs. the industry median of 91.35, Sphere 3D has consistently been below 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 91.35, 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. Sphere 3D's current Days Payable of 17.76 is 80.6% below 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 Sphere 3D and its competitors. For the Capital Markets industry, the median Days Payable is 91.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere 3D's current Days Payable is 17.76, which is 91% below median its own 10-year median of 208.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere 3D stock overvalued right now?
Based on GuruFocus' analysis, Sphere 3D (ANY) is currently considered Fairly Valued. The stock's GF Value™ is $3.00, compared to a current price of $2.74 — trading 8.7% below its estimated fair value. The current Days Payable is 17.76, which is 91% below median its 10-year median of 208.68 and 80.6% below the Capital Markets industry median of 91.35. Sphere 3D's overall GF Score™ is 58/100 with 4 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 Sphere 3D (ANY), the current Days Payable is 17.76 as of Mar. 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 Sphere 3D (ANY) Overvalued in 2026?
Based on GuruFocus' analysis, Sphere 3D stock appears to be undervalued.
The current stock price of $2.74 is trading 8.7% below its estimated GF Value™ of $3.00.
GuruFocus considers Sphere 3D to be Fairly Valued.
Key valuation signals for ANY:
Days Payable: 17.76 (91% below median its 10-year median of 208.68)
GF Value™: $3.00 vs. price of $2.74 (8.7% below fair value)
Industry Position: 80.6% below the Capital Markets median (#379 of 538)
No single metric tells the full story. See the ANY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sphere 3D Corp is engaged in the Bitcoin mining business. The company has established an enterprise-scale mining operation through the procurement of mining equipment and partnering with experienced service providers. It generates revenue from mining and selling Bitcoin.
58GF Score
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