Bit Digital (FRA:BIV) Days Payable: 66.19 (As of Mar. 2026) — 84% Above Median


FRA:BIV Bit Digital Inc FRA:BIV
48 GF Score
Price €1.45
GF Value €1.53
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Bit Digital Days Payable?

Bit Digital FRA:BIV -8.81% 48 Days Payable is 66.19 as of Mar. 2026, which is 84% above its 10-year median of 36.03. GuruFocus rates FRA:BIV with a GF Score™ of 48/100 and a GF Value™ of €1.53 (Fairly Valued). The stock has 6 warning signs investors should review. Among 540 Capital Markets companies, Bit Digital ranks worse than 62.59% on this metric.

Bit Digital's average Accounts Payable for the three months ended in Mar. 2026 was €7.60 Mil. Bit Digital's Cost of Goods Sold for the three months ended in Mar. 2026 was €10.47 Mil. Hence, Bit Digital's Days Payable for the three months ended in Mar. 2026 was 66.19.

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

FRA:BIV' s Days Payable Range Over the Past 10 Years
Min: 16.78   Med: 36.03   Max: 55.87
Current: 39.33

During the past 11 years, Bit Digital's highest Days Payable was 55.87. The lowest was 16.78. And the median was 36.03.

FRA:BIV's Days Payable is ranked worse than
62.59% of 540 companies
in the Capital Markets industry
Industry Median: 91.345 vs FRA:BIV: 39.33

Bit Digital's Days Payable increased from Mar. 2025 (19.05) to Mar. 2026 (66.19). It may suggest that Bit Digital delayed paying its suppliers.


Bit Digital Days Payable Historical Data

* Premium members only.

The historical data trend for Bit Digital'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.

Bit Digital Days Payable Chart

Bit Digital 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 23.02 54.42 37.37 16.51 44.23

Bit Digital 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 19.05 13.92 31.68 48.33 66.19

FRA:BIV vs RHNO, AXG, ABTC: Days Payable Comparison

For the Capital Markets subindustry, Bit Digital'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.


Bit Digital Days Payable vs Capital Markets Industry

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

* The bar in red indicates where Bit Digital's Days Payable falls into.


FRA:BIV
48GF Score
Bit Digital Inc FRA:BIV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bit Digital 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.

Bit Digital'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
=( (3.264 + 7.579) / 2 ) / 44.739*365
=5.4215 / 44.739*365
=44.23

Bit Digital'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
=( (7.579 + 7.611) / 2 ) / 10.471*365 / 4
=7.595 / 10.471*365 / 4
=66.19

* 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 66.19 mean?
Bit Digital (FRA:BIV) has a Days Payable of 66.19 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 Bit Digital and its competitors. This is 84% above median its historical median of 36.03. Over the past decade, Bit Digital's Days Payable has ranged from 16.78 to 55.87. According to the industry distribution chart, Bit Digital ranks #338 out of 540 companies in the Capital Markets industry, placing it in the top 62.6%.
Is Bit Digital's Days Payable too high?
Bit Digital's current Days Payable of 66.19 is 84% above median its 10-year median of 36.03. Over the past 10 years, this metric has ranged from a low of 16.78 to a high of 55.87. The Capital Markets industry median Days Payable is 91.35. Bit Digital's value of 66.19 is 27.5% below this industry median. Based on the distribution chart, Bit Digital ranks #338 out of 540 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Bit Digital has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bit Digital's Days Payable compare to RHNO and AXG?
According to the Capital Markets industry distribution chart, Bit Digital ranks #338 out of 540 companies for Days Payable. This places Bit Digital in the lower half of its industry. The industry median Days Payable is 91.35. Bit Digital's value of 66.19 is 27.5% below this benchmark. Historically, Bit Digital's own Days Payable has ranged from 16.78 to 55.87 over the past decade. While the company's 10-year median is 36.03 vs. the industry median of 91.35, Bit Digital 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 91.35, based on 540 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. Bit Digital's current Days Payable of 66.19 is 27.5% 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 Bit Digital and its competitors. For the Capital Markets industry, the median Days Payable is 91.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Digital's current Days Payable is 66.19, which is 84% above median its own 10-year median of 36.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Digital stock overvalued right now?
Based on GuruFocus' analysis, Bit Digital (FRA:BIV) is currently considered Fairly Valued. The stock's GF Value™ is €1.53, compared to a current price of €1.45 — trading 5.2% below its estimated fair value. The current Days Payable is 66.19, which is 84% above median its 10-year median of 36.03 and 27.5% below the Capital Markets industry median of 91.35. Bit Digital's overall GF Score™ is 48/100 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 Bit Digital (FRA:BIV), the current Days Payable is 66.19 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 Bit Digital (FRA:BIV) Overvalued in 2026?

Based on GuruFocus' analysis, Bit Digital stock appears to be undervalued. The current stock price of €1.45 is trading 5.2% below its estimated GF Value™ of €1.53. GuruFocus considers Bit Digital to be Fairly Valued.

Key valuation signals for FRA:BIV:

  • Days Payable: 66.19 (84% above median its 10-year median of 36.03)
  • GF Value™: €1.53 vs. price of €1.45 (5.2% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 27.5% below the Capital Markets median (#338 of 540)

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


Bit Digital Business Description

Other Exchanges BTBT:USABTBTN:Mexico
Address 31 Hudson Yards, Floor 11, New York, NY, USA, 10001
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
48GF Score

Get the complete analysis for FRA:BIV

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

€1.45
Price
€1.53
GF Value