BGC GroupFRA:ESD +2.23%61 Days Payable is 195.18 as of Mar. 2026, which is 41428% above its 10-year median of 0.47. GuruFocus rates FRA:ESD with a GF Score™ of 61/100 and a GF Value™ of €10.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 541 Capital Markets companies, BGC Group ranks better than 57.86% on this metric.
BGC Group's average Accounts Payable for the
three
months ended in Mar. 2026 was €1,049 Mil. BGC Group's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €491 Mil.
Hence, BGC Group's Days Payable for the
three
months ended in Mar. 2026 was 195.18.
The historical rank and industry rank for BGC Group's Days Payable or its related term are showing as below:
FRA:ESD'
s Days Payable Range Over the Past 10 Years
Min: 0.02 Med: 0.47 Max: 175.51
Current: 175.51
During the past 13 years, BGC Group's highest Days Payable was 175.51. The lowest was 0.02. And the median was 0.47.
FRA:ESD's Days Payable is ranked better than 57.86% of 541
companies
in the Capital Markets industry
Industry Median: 91.67
vs FRA:ESD: 175.51
BGC Group's Days Payable
increased
from Mar. 2025 (172.85) to Mar. 2026 (195.18).
It may suggest that BGC Groupdelayed paying its suppliers.
BGC Group Days Payable Related Terms
BGC Group Days Payable Historical Data
* Premium members only.
The historical data trend for BGC Group'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.
FRA:ESD vs MARA, GLXY, VIRT: Days Payable Comparison
For the Capital Markets subindustry, BGC Group'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.
BGC Group Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, BGC Group's Days Payable distribution charts can be found below:
* The bar in red indicates where BGC Group'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.
BGC Group'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.
BGC Group (FRA:ESD) has a Days Payable of 195.18 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 BGC Group and its competitors. This is 41428% above median its historical median of 0.47. Over the past decade, BGC Group's Days Payable has ranged from 0.02 to 175.51. According to the industry distribution chart, BGC Group ranks #228 out of 541 companies in the Capital Markets industry, placing it in the top 42.1%.
Is BGC Group's Days Payable too high?
BGC Group's current Days Payable of 195.18 is 41428% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 175.51. The Capital Markets industry median Days Payable is 91.67. BGC Group's value of 195.18 is 112.9% above this industry median. Based on the distribution chart, BGC Group ranks #228 out of 541 companies in the Capital Markets industry, which is above the industry midpoint. Overall, BGC Group has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BGC Group's Days Payable compare to MARA and GLXY?
According to the Capital Markets industry distribution chart, BGC Group ranks #228 out of 541 companies for Days Payable. This puts BGC Group in the upper half of its industry. The industry median Days Payable is 91.67. BGC Group's value of 195.18 is 112.9% above this benchmark. Historically, BGC Group's own Days Payable has ranged from 0.02 to 175.51 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 91.67, BGC Group 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 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. BGC Group's current Days Payable of 195.18 is 112.9% 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 BGC Group 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. BGC Group's current Days Payable is 195.18, which is 41428% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGC Group stock overvalued right now?
Based on GuruFocus' analysis, BGC Group (FRA:ESD) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.63, compared to a current price of €9.15 — trading 13.9% below its estimated fair value. The current Days Payable is 195.18, which is 41428% above median its 10-year median of 0.47 and 112.9% above the Capital Markets industry median of 91.67. BGC Group's overall GF Score™ is 61/100 with 4 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 BGC Group (FRA:ESD), the current Days Payable is 195.18 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 BGC Group (FRA:ESD) Overvalued in 2026?
Based on GuruFocus' analysis, BGC Group stock appears to be undervalued.
The current stock price of €9.15 is trading 13.9% below its estimated GF Value™ of €10.63.
GuruFocus considers BGC Group to be Modestly Undervalued.
Key valuation signals for FRA:ESD:
Days Payable: 195.18 (41428% above median its 10-year median of 0.47)
GF Value™: €10.63 vs. price of €9.15 (13.9% below fair value)
Industry Position: 112.9% above the Capital Markets median (#228 of 541)
No single metric tells the full story. See the FRA:ESD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BGC Group Inc is a brokerage and financial technology company that serves financial markets, energy, and commodities markets. Its service and product offerings include brokerage for a wide range of financial products, including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, financial institutions, and corporate clients. BGC operates in one reportable segment, which is providing brokerage services. Geographically, the company generates a majority of its revenue from Europe, the Middle East and Africa (EMEA), followed by the Americas and the Asia-Pacific region.
61GF Score
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