BGIN (BGIN Blockchain) Days Payable: 8.39 (As of Dec. 2025) — 15% Above Median


BGIN BGIN Blockchain Ltd BGIN
39 GF Score
Price $1.97
! 4 Warning Signs
View Full Analysis

What is BGIN Blockchain Days Payable?

BGIN Blockchain BGIN +7.65% 39 Days Payable is 8.39 as of Dec. 2025, which is 15% above its 10-year median of 7.27. GuruFocus rates BGIN with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 2,436 Hardware companies, BGIN Blockchain ranks worse than 97.62% on this metric.

BGIN Blockchain's average Accounts Payable for the six months ended in Dec. 2025 was $4.09 Mil. BGIN Blockchain's Cost of Goods Sold for the six months ended in Dec. 2025 was $89.02 Mil. Hence, BGIN Blockchain's Days Payable for the six months ended in Dec. 2025 was 8.39.

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

BGIN' s Days Payable Range Over the Past 10 Years
Min: 3.32   Med: 7.27   Max: 32.29
Current: 12.8

During the past 6 years, BGIN Blockchain's highest Days Payable was 32.29. The lowest was 3.32. And the median was 7.27.

BGIN's Days Payable is ranked worse than
97.62% of 2436 companies
in the Hardware industry
Industry Median: 69.91 vs BGIN: 12.80

BGIN Blockchain's Days Payable declined from Dec. 2024 (8.60) to Dec. 2025 (8.39). It may suggest that BGIN Blockchain accelerated paying its suppliers.


BGIN Blockchain Days Payable Historical Data

* Premium members only.

The historical data trend for BGIN Blockchain'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.

BGIN Blockchain Days Payable Chart

BGIN Blockchain Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 6.14 6.47 3.32 8.06 12.34

BGIN Blockchain Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 7.38 8.60 20.67 8.39

BGIN vs ALOT, CAN, NNDM: Days Payable Comparison

For the Computer Hardware subindustry, BGIN Blockchain'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.


BGIN Blockchain Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, BGIN Blockchain's Days Payable distribution charts can be found below:

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


BGIN
39GF Score
BGIN Blockchain Ltd BGIN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BGIN Blockchain 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.

BGIN Blockchain'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
=( (6.852 + 2.815) / 2 ) / 142.988*365
=4.8335 / 142.988*365
=12.34

BGIN Blockchain's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (5.372 + 2.815) / 2 ) / 89.016*365 / 2
=4.0935 / 89.016*365 / 2
=8.39

* 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 8.39 mean?
BGIN Blockchain (BGIN) has a Days Payable of 8.39 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on BGIN Blockchain and its competitors. This is 15% above median its historical median of 7.27. Over the past decade, BGIN Blockchain's Days Payable has ranged from 3.32 to 32.29. According to the industry distribution chart, BGIN Blockchain ranks #2378 out of 2436 companies in the Hardware industry, placing it in the top 97.6%.
Is BGIN Blockchain's Days Payable too high?
BGIN Blockchain's current Days Payable of 8.39 is 15% above median its 10-year median of 7.27. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 32.29. The Hardware industry median Days Payable is 69.91. BGIN Blockchain's value of 8.39 is 88% below this industry median. Based on the distribution chart, BGIN Blockchain ranks #2378 out of 2436 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, BGIN Blockchain has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does BGIN Blockchain's Days Payable compare to ALOT and CAN?
According to the Hardware industry distribution chart, BGIN Blockchain ranks #2378 out of 2436 companies for Days Payable. This places BGIN Blockchain in the lower half of its industry. The industry median Days Payable is 69.91. BGIN Blockchain's value of 8.39 is 88% below this benchmark. Historically, BGIN Blockchain's own Days Payable has ranged from 3.32 to 32.29 over the past decade. While the company's 10-year median is 7.27 vs. the industry median of 69.91, BGIN Blockchain 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 Hardware company?
The median Days Payable among Hardware companies is 69.91, based on 2,436 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. BGIN Blockchain's current Days Payable of 8.39 is 88% 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 BGIN Blockchain and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGIN Blockchain's current Days Payable is 8.39, which is 15% above median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGIN Blockchain stock overvalued right now?
BGIN Blockchain (BGIN) has a current Days Payable of 8.39. The current Days Payable is 8.39, which is 15% above median its 10-year median of 7.27 and 88% below the Hardware industry median of 69.91. BGIN Blockchain's overall GF Score™ is 39/100 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 BGIN Blockchain (BGIN), the current Days Payable is 8.39 as of Dec. 2025. 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.

BGIN Blockchain Business Description

Address 60 Paya Lebar Road, No. 09 12 Paya Lebar Square, Singapore, SGP, 409051
BGIN Blockchain Ltd is a digital asset technology company engaged in cryptocurrency mining technologies, self-mining operations, and the design and sale of ASIC mining machines. The company develops proprietary mining hardware under its ICERIVER brand and provides mining infrastructure and hosting solutions. It operates through two reportable segments: cryptocurrency mining and sale of mining machines. The company focuses on cryptocurrencies such as Bitcoin, Dogecoin, KAS, ALPH, and RXD. Geographically, it derives revenue from Hong Kong, China, Vietnam, the United States, Singapore, and other markets.
39GF Score

Get the complete analysis for BGIN

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

$1.97
Price