BTGO (BitGo Holdings) Days Payable: 0.21 (As of Mar. 2026) — 63% Below Median


BTGO BitGo Holdings Inc BTGO
13 GF Score
Price $5.11
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What is BitGo Holdings Days Payable?

BitGo Holdings BTGO -0.39% 13 Days Payable is 0.21 as of Mar. 2026, which is 63% below its 10-year median of 0.57. GuruFocus rates BTGO with a GF Score™ of 13/100. Among 541 Capital Markets companies, BitGo Holdings ranks worse than 98.15% on this metric.

BitGo Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $9 Mil. BitGo Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $3,730 Mil. Hence, BitGo Holdings's Days Payable for the three months ended in Mar. 2026 was 0.21.

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

BTGO' s Days Payable Range Over the Past 10 Years
Min: 0.16   Med: 0.57   Max: 1.92
Current: 0.17

During the past 4 years, BitGo Holdings's highest Days Payable was 1.92. The lowest was 0.16. And the median was 0.57.

BTGO's Days Payable is ranked worse than
98.15% of 541 companies
in the Capital Markets industry
Industry Median: 91.67 vs BTGO: 0.17

BitGo Holdings's Days Payable declined from Mar. 2025 (0.23) to Mar. 2026 (0.21). It may suggest that BitGo Holdings accelerated paying its suppliers.


BitGo Holdings Days Payable Historical Data

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The historical data trend for BitGo Holdings'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.

BitGo Holdings Days Payable Chart

BitGo Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 1.92 0.57 0.16

BitGo Holdings Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 0.23 0.24 0.12 0.14 0.21

BTGO vs AXG, GEMI, CSHR: Days Payable Comparison

For the Capital Markets subindustry, BitGo Holdings'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.


BitGo Holdings Days Payable vs Capital Markets Industry

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

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


BTGO
13GF Score
BitGo Holdings Inc BTGO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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BitGo Holdings 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.

BitGo Holdings'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
=( (4.5 + 9.955) / 2 ) / 15993.189*365
=7.2275 / 15993.189*365
=0.16

BitGo Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (9.955 + 7.216) / 2 ) / 3730.09*365 / 4
=8.5855 / 3730.09*365 / 4
=0.21

* 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 0.21 mean?
BitGo Holdings (BTGO) has a Days Payable of 0.21 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 BitGo Holdings and its competitors. This is 63% below median its historical median of 0.57. Over the past decade, BitGo Holdings' Days Payable has ranged from 0.16 to 1.92. According to the industry distribution chart, BitGo Holdings ranks #531 out of 541 companies in the Capital Markets industry, placing it in the top 98.2%.
Is BitGo Holdings' Days Payable too high?
BitGo Holdings' current Days Payable of 0.21 is 63% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.92. The Capital Markets industry median Days Payable is 91.67. BitGo Holdings' value of 0.21 is 99.8% below this industry median. Based on the distribution chart, BitGo Holdings ranks #531 out of 541 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, BitGo Holdings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does BitGo Holdings' Days Payable compare to AXG and GEMI?
According to the Capital Markets industry distribution chart, BitGo Holdings ranks #531 out of 541 companies for Days Payable. This places BitGo Holdings in the lower half of its industry. The industry median Days Payable is 91.67. BitGo Holdings' value of 0.21 is 99.8% below this benchmark. Historically, BitGo Holdings' own Days Payable has ranged from 0.16 to 1.92 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 91.67, BitGo Holdings 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 91.67, based on 541 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. BitGo Holdings's current Days Payable of 0.21 is 99.8% 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 BitGo Holdings and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BitGo Holdings's current Days Payable is 0.21, which is 63% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BitGo Holdings stock overvalued right now?
BitGo Holdings (BTGO) has a current Days Payable of 0.21. The current Days Payable is 0.21, which is 63% below median its 10-year median of 0.57 and 99.8% below the Capital Markets industry median of 91.67. BitGo Holdings' overall GF Score™ is 13/100. 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 BitGo Holdings (BTGO), the current Days Payable is 0.21 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.

BitGo Holdings Business Description

Other Exchanges O7S:Germany
Address 101 S. Reid Street, Suite 307, PMB No. 9793, Sioux Falls, SD, USA, 57108
BitGo Holdings Inc provides various offerings to its clients including multi-signature blockchain wallet solutions allowing for secure storage, trade settlement, staking solutions, and lending of digital assets. The Company also provides professional services to develop smart contracts. Its clients range from crypto-native companies that use its self-custody wallet technology to traditional financial services firms that leverage its licensed custody, staking and trading capabilities within their own products and services.
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