Cipher MiningCIFRW -4.88%37 Days Payable is 206.00 as of Mar. 2026, which is 259% above its 10-year median of 57.38. GuruFocus rates CIFRW with a GF Score™ of 37/100. The stock has 6 warning signs investors should review. Among 2,604 Software companies, Cipher Mining ranks better than 72.62% on this metric.
The historical rank and industry rank for Cipher Mining's Days Payable or its related term are showing as below:
CIFRW'
s Days Payable Range Over the Past 10 Years
Min: 40.5 Med: 57.38 Max: 4238.25
Current: 117.21
During the past 5 years, Cipher Mining's highest Days Payable was 4238.25. The lowest was 40.50. And the median was 57.38.
CIFRW's Days Payable is ranked better than 72.62% of 2604
companies
in the Software industry
Industry Median: 53.955
vs CIFRW: 117.21
Cipher Mining's Days Payable
increased
from Mar. 2025 (82.16) to Mar. 2026 (206.00).
It may suggest that Cipher Miningdelayed paying its suppliers.
Cipher Mining Days Payable Related Terms
Cipher Mining Days Payable Historical Data
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The historical data trend for Cipher Mining'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 Information Technology Services subindustry, Cipher Mining'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.
Cipher Mining Days Payable vs Software Industry
For the Software industry and Technology sector, Cipher Mining's Days Payable distribution charts can be found below:
* The bar in red indicates where Cipher Mining'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.
Cipher Mining'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.
Cipher Mining (CIFRW) has a Days Payable of 206.00 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 Cipher Mining and its competitors. This is 259% above median its historical median of 57.38. Over the past decade, Cipher Mining's Days Payable has ranged from 40.50 to 4,238.25. According to the industry distribution chart, Cipher Mining ranks #713 out of 2604 companies in the Software industry, placing it in the top 27.4%.
Is Cipher Mining's Days Payable too high?
Cipher Mining's current Days Payable of 206.00 is 259% above median its 10-year median of 57.38. Over the past 10 years, this metric has ranged from a low of 40.50 to a high of 4,238.25. The Software industry median Days Payable is 53.96. Cipher Mining's value of 206.00 is 281.8% above this industry median. Based on the distribution chart, Cipher Mining ranks #713 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, Cipher Mining has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Cipher Mining's Days Payable compare to JKHY and IT?
According to the Software industry distribution chart, Cipher Mining ranks #713 out of 2604 companies for Days Payable. This puts Cipher Mining in the upper half of its industry. The industry median Days Payable is 53.96. Cipher Mining's value of 206.00 is 281.8% above this benchmark. Historically, Cipher Mining's own Days Payable has ranged from 40.50 to 4,238.25 over the past decade. While the company's 10-year median is 57.38 vs. the industry median of 53.96, Cipher Mining has consistently been above 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. Cipher Mining's current Days Payable of 206.00 is 281.8% above 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 Cipher Mining and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cipher Mining's current Days Payable is 206.00, which is 259% above median its own 10-year median of 57.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cipher Mining stock overvalued right now?
Cipher Mining (CIFRW) has a current Days Payable of 206.00. The current Days Payable is 206.00, which is 259% above median its 10-year median of 57.38 and 281.8% above the Software industry median of 53.96. Cipher Mining's overall GF Score™ is 37/100 with 6 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 Cipher Mining (CIFRW), the current Days Payable is 206.00 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.
Cipher Digital Inc is focused on high-performance computing (HPC) data center development and operations. It is engaged in developing and operating data centers designed for HPC workloads. Its operations include managing power assets and capital allocation in response to market conditions and demand for AI-related computing capacity.
37GF Score
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