BTMCQ (Bitcoin Depot) Days Payable: 9.51 (As of Dec. 2025) — 75% Above Median


BTMCQ Bitcoin Depot Inc BTMCQ
40 GF Score
Price $0.13
GF Value $3.18
Valuation Possible Value Trap
! 1 Warning Sign
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What is Bitcoin Depot Days Payable?

Bitcoin Depot BTMCQ 40 Days Payable is 9.51 as of Dec. 2025, which is 75% above its 10-year median of 5.44. GuruFocus rates BTMCQ with a GF Score™ of 40/100 and a GF Value™ of $3.18 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 539 Capital Markets companies, Bitcoin Depot ranks worse than 85.16% on this metric.

Bitcoin Depot's average Accounts Payable for the three months ended in Dec. 2025 was $10.3 Mil. Bitcoin Depot's Cost of Goods Sold for the three months ended in Dec. 2025 was $98.7 Mil. Hence, Bitcoin Depot's Days Payable for the three months ended in Dec. 2025 was 9.51.

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

BTMCQ' s Days Payable Range Over the Past 10 Years
Min: 3.82   Med: 5.44   Max: 8.09
Current: 7.48

During the past 6 years, Bitcoin Depot's highest Days Payable was 8.09. The lowest was 3.82. And the median was 5.44.

BTMCQ's Days Payable is ranked worse than
85.16% of 539 companies
in the Capital Markets industry
Industry Median: 91.02 vs BTMCQ: 7.48

Bitcoin Depot's Days Payable declined from Dec. 2024 (9.63) to Dec. 2025 (9.51). It may suggest that Bitcoin Depot accelerated paying its suppliers.


Bitcoin Depot Days Payable Historical Data

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The historical data trend for Bitcoin Depot'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.

Bitcoin Depot Days Payable Chart

Bitcoin Depot Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 4.54 5.76 5.11 7.53 8.09

Bitcoin Depot Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.63 7.22 6.31 6.89 9.51

BTMCQ vs MWAI, BEGI, MNTR: Days Payable Comparison

For the Capital Markets subindustry, Bitcoin Depot'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.


Bitcoin Depot Days Payable vs Capital Markets Industry

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

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


BTMCQ
40GF Score
Bitcoin Depot Inc BTMCQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bitcoin Depot 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.

Bitcoin Depot'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
=( (11.557 + 10.667) / 2 ) / 501.555*365
=11.112 / 501.555*365
=8.09

Bitcoin Depot'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (9.902 + 10.667) / 2 ) / 98.725*365 / 4
=10.2845 / 98.725*365 / 4
=9.51

* 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 9.51 mean?
Bitcoin Depot (BTMCQ) has a Days Payable of 9.51 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 Bitcoin Depot and its competitors. This is 75% above median its historical median of 5.44. Over the past decade, Bitcoin Depot's Days Payable has ranged from 3.82 to 8.09. According to the industry distribution chart, Bitcoin Depot ranks #459 out of 539 companies in the Capital Markets industry, placing it in the top 85.2%.
Is Bitcoin Depot's Days Payable too high?
Bitcoin Depot's current Days Payable of 9.51 is 75% above median its 10-year median of 5.44. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 8.09. The Capital Markets industry median Days Payable is 91.02. Bitcoin Depot's value of 9.51 is 89.6% below this industry median. Based on the distribution chart, Bitcoin Depot ranks #459 out of 539 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bitcoin Depot has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Depot's Days Payable compare to MWAI and BEGI?
According to the Capital Markets industry distribution chart, Bitcoin Depot ranks #459 out of 539 companies for Days Payable. This places Bitcoin Depot in the lower half of its industry. The industry median Days Payable is 91.02. Bitcoin Depot's value of 9.51 is 89.6% below this benchmark. Historically, Bitcoin Depot's own Days Payable has ranged from 3.82 to 8.09 over the past decade. While the company's 10-year median is 5.44 vs. the industry median of 91.02, Bitcoin Depot 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 91.02, based on 539 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. Bitcoin Depot's current Days Payable of 9.51 is 89.6% 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 Bitcoin Depot and its competitors. For the Capital Markets industry, the median Days Payable is 91.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Depot's current Days Payable is 9.51, which is 75% above median its own 10-year median of 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Depot stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Depot (BTMCQ) is currently considered Possible Value Trap. The stock's GF Value™ is $3.18, compared to a current price of $0.13 — trading 96% below its estimated fair value. The current Days Payable is 9.51, which is 75% above median its 10-year median of 5.44 and 89.6% below the Capital Markets industry median of 91.02. Bitcoin Depot's overall GF Score™ is 40/100 with 1 warning sign 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 Bitcoin Depot (BTMCQ), the current Days Payable is 9.51 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.

Is Bitcoin Depot (BTMCQ) Overvalued in 2026?

Based on GuruFocus' analysis, Bitcoin Depot stock appears to be undervalued. The current stock price of $0.13 is trading 96% below its estimated GF Value™ of $3.18. GuruFocus considers Bitcoin Depot to be Possible Value Trap.

Key valuation signals for BTMCQ:

  • Days Payable: 9.51 (75% above median its 10-year median of 5.44)
  • GF Value™: $3.18 vs. price of $0.13 (96% below fair value)
  • GF Score™: 40/100 with 1 warning sign
  • Industry Position: 89.6% below the Capital Markets median (#459 of 539)

No single metric tells the full story. See the BTMCQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bitcoin Depot Business Description

Address 8601 Dunwoody Place, Suite 750, Sandy Springs, GA, USA, 30350
Bitcoin Depot Inc owns and operates the widest network of BTMs across North America where customers can buy and sell Bitcoin. Bitcoin Depot helps power the digital economy for users of cash. It has locations across the U.S. and Canada at, among others, the following types of retailers: Convenience Stores and Gas Station Chains, Pharmacies and Grocers and Mall Operators.
40GF Score

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

$0.13
Price
$3.18
GF Value