Riot Platforms (FRA:AP4N) Days Payable: 11.37 (As of Mar. 2026) — 73% Below Median


FRA:AP4N Riot Platforms Inc FRA:AP4N
64 GF Score
Price €21.12
GF Value €11.88
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Riot Platforms Days Payable?

Riot Platforms FRA:AP4N -11.67% 64 Days Payable is 11.37 as of Mar. 2026, which is 73% below its 10-year median of 41.90. GuruFocus rates FRA:AP4N with a GF Score™ of 64/100 and a GF Value™ of €11.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 541 Capital Markets companies, Riot Platforms ranks worse than 81.33% on this metric.

Riot Platforms's average Accounts Payable for the three months ended in Mar. 2026 was €14.6 Mil. Riot Platforms's Cost of Goods Sold for the three months ended in Mar. 2026 was €117.4 Mil. Hence, Riot Platforms's Days Payable for the three months ended in Mar. 2026 was 11.37.

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

FRA:AP4N' s Days Payable Range Over the Past 10 Years
Min: 12.02   Med: 41.9   Max: 4660.77
Current: 12.02

During the past 13 years, Riot Platforms's highest Days Payable was 4660.77. The lowest was 12.02. And the median was 41.90.

FRA:AP4N's Days Payable is ranked worse than
81.33% of 541 companies
in the Capital Markets industry
Industry Median: 92.89 vs FRA:AP4N: 12.02

Riot Platforms's Days Payable declined from Mar. 2025 (12.47) to Mar. 2026 (11.37). It may suggest that Riot Platforms accelerated paying its suppliers.


Riot Platforms Days Payable Historical Data

* Premium members only.

The historical data trend for Riot Platforms'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.

Riot Platforms Days Payable Chart

Riot Platforms Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.03 35.08 30.24 27.67 19.58

Riot Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 12.47 13.29 12.95 15.57 11.37

FRA:AP4N vs SNEX, SF, JEF: Days Payable Comparison

For the Capital Markets subindustry, Riot Platforms'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.


Riot Platforms Days Payable vs Capital Markets Industry

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

* The bar in red indicates where Riot Platforms's Days Payable falls into.


FRA:AP4N
64GF Score
Riot Platforms Inc FRA:AP4N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Riot Platforms 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.

Riot Platforms'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
=( (16.817 + 20.001) / 2 ) / 343.201*365
=18.409 / 343.201*365
=19.58

Riot Platforms'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
=( (20.001 + 9.243) / 2 ) / 117.359*365 / 4
=14.622 / 117.359*365 / 4
=11.37

* 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 11.37 mean?
Riot Platforms (FRA:AP4N) has a Days Payable of 11.37 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 Riot Platforms and its competitors. This is 73% below median its historical median of 41.90. Over the past decade, Riot Platforms' Days Payable has ranged from 12.02 to 4,660.77. According to the industry distribution chart, Riot Platforms ranks #440 out of 541 companies in the Capital Markets industry, placing it in the top 81.3%.
Is Riot Platforms' Days Payable too high?
Riot Platforms' current Days Payable of 11.37 is 73% below median its 10-year median of 41.90. Over the past 10 years, this metric has ranged from a low of 12.02 to a high of 4,660.77. The Capital Markets industry median Days Payable is 92.89. Riot Platforms' value of 11.37 is 87.8% below this industry median. Based on the distribution chart, Riot Platforms ranks #440 out of 541 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Riot Platforms has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Days Payable compare to SNEX and SF?
According to the Capital Markets industry distribution chart, Riot Platforms ranks #440 out of 541 companies for Days Payable. This places Riot Platforms in the lower half of its industry. The industry median Days Payable is 92.89. Riot Platforms' value of 11.37 is 87.8% below this benchmark. Historically, Riot Platforms' own Days Payable has ranged from 12.02 to 4,660.77 over the past decade. While the company's 10-year median is 41.90 vs. the industry median of 92.89, Riot Platforms 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 92.89, 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. Riot Platforms's current Days Payable of 11.37 is 87.8% 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 Riot Platforms and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current Days Payable is 11.37, which is 73% below median its own 10-year median of 41.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (FRA:AP4N) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.88, compared to a current price of €21.12 — trading 77.8% above its estimated fair value. The current Days Payable is 11.37, which is 73% below median its 10-year median of 41.90 and 87.8% below the Capital Markets industry median of 92.89. Riot Platforms' overall GF Score™ is 64/100 with 5 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 Riot Platforms (FRA:AP4N), the current Days Payable is 11.37 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 Riot Platforms (FRA:AP4N) Overvalued in 2026?

Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued. The current stock price of €21.12 is trading 77.8% above its estimated GF Value™ of €11.88. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for FRA:AP4N:

  • Days Payable: 11.37 (73% below median its 10-year median of 41.90)
  • GF Value™: €11.88 vs. price of €21.12 (77.8% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 87.8% below the Capital Markets median (#440 of 541)

No single metric tells the full story. See the FRA:AP4N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riot Platforms Business Description

Address 3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
64GF Score

Get the complete analysis for FRA:AP4N

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

€21.12
Price
€11.88
GF Value