Hut 8 (FRA:V71) Days Payable: 192.55 (As of Jun. 2026) — 340% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:V71 Hut 8 Corp FRA:V71
23 GF Score
Price €81.26
GF Value €29.89
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hut 8 Days Payable?

Hut 8 FRA:V71 -3.88% 23 Days Payable is 192.55 as of Jun. 2026, which is 340% above its 10-year median of 43.81. GuruFocus rates FRA:V71 with a GF Score™ of 23/100 and a GF Value™ of €29.89 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 540 Capital Markets companies, Hut 8 ranks better than 55.93% on this metric.

Hut 8's average Accounts Payable for the three months ended in Jun. 2026 was €49.3 Mil. Hut 8's Cost of Goods Sold for the three months ended in Jun. 2026 was €23.3 Mil. Hence, Hut 8's Days Payable for the three months ended in Jun. 2026 was 192.55.

The historical rank and industry rank for Hut 8's Days Payable or its related term are showing as below:

FRA:V71' s Days Payable Range Over the Past 10 Years
Min: 31.37   Med: 43.81   Max: 131.43
Current: 131.43

During the past 5 years, Hut 8's highest Days Payable was 131.43. The lowest was 31.37. And the median was 43.81.

FRA:V71's Days Payable is ranked better than
55.93% of 540 companies
in the Capital Markets industry
Industry Median: 92.71 vs FRA:V71: 131.43

Hut 8's Days Payable increased from Jun. 2025 (0.00) to Jun. 2026 (192.55). It may suggest that Hut 8 delayed paying its suppliers.


Hut 8 Days Payable Historical Data

* Premium members only.

The historical data trend for Hut 8'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.

Hut 8 Days Payable Chart

Hut 8 Annual Data
Trend Jun21 Jun22 Jun23 Dec24 Dec25
Days Payable
0.00 53.48 42.48 31.11 48.06

Hut 8 Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 41.07 106.23 192.55

FRA:V71 vs SF, JEF, EVR: Days Payable Comparison

For the Capital Markets subindustry, Hut 8'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.


Hut 8 Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hut 8's Days Payable distribution charts can be found below:

* The bar in red indicates where Hut 8's Days Payable falls into.


FRA:V71
23GF Score
Hut 8 Corp FRA:V71
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hut 8 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.

Hut 8'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
=( (10.782 + 13.456) / 2 ) / 92.039*365
=12.119 / 92.039*365
=48.06

Hut 8's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (37.997 + 60.509) / 2 ) / 23.341*365 / 4
=49.253 / 23.341*365 / 4
=192.55

* 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 192.55 mean?
Hut 8 (FRA:V71) has a Days Payable of 192.55 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hut 8 and its competitors. This is 340% above median its historical median of 43.81. Over the past decade, Hut 8's Days Payable has ranged from 31.37 to 131.43. According to the industry distribution chart, Hut 8 ranks #238 out of 540 companies in the Capital Markets industry, placing it in the top 44.1%.
Is Hut 8's Days Payable too high?
Hut 8's current Days Payable of 192.55 is 340% above median its 10-year median of 43.81. Over the past 10 years, this metric has ranged from a low of 31.37 to a high of 131.43. The Capital Markets industry median Days Payable is 92.71. Hut 8's value of 192.55 is 107.7% above this industry median. Based on the distribution chart, Hut 8 ranks #238 out of 540 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Hut 8 has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hut 8's Days Payable compare to SF and JEF?
According to the Capital Markets industry distribution chart, Hut 8 ranks #238 out of 540 companies for Days Payable. This puts Hut 8 in the upper half of its industry. The industry median Days Payable is 92.71. Hut 8's value of 192.55 is 107.7% above this benchmark. Historically, Hut 8's own Days Payable has ranged from 31.37 to 131.43 over the past decade. While the company's 10-year median is 43.81 vs. the industry median of 92.71, Hut 8 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 92.71, 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. Hut 8's current Days Payable of 192.55 is 107.7% 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 Hut 8 and its competitors. For the Capital Markets industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hut 8's current Days Payable is 192.55, which is 340% above median its own 10-year median of 43.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hut 8 stock overvalued right now?
Based on GuruFocus' analysis, Hut 8 (FRA:V71) is currently considered Significantly Overvalued. The stock's GF Value™ is €29.89, compared to a current price of €81.26 — trading 171.9% above its estimated fair value. The current Days Payable is 192.55, which is 340% above median its 10-year median of 43.81 and 107.7% above the Capital Markets industry median of 92.71. Hut 8's overall GF Score™ is 23/100 with 2 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 Hut 8 (FRA:V71), the current Days Payable is 192.55 as of Jun. 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 Hut 8 (FRA:V71) Overvalued in 2026?

Based on GuruFocus' analysis, Hut 8 stock appears to be overvalued. The current stock price of €81.26 is trading 171.9% above its estimated GF Value™ of €29.89. GuruFocus considers Hut 8 to be Significantly Overvalued.

Key valuation signals for FRA:V71:

  • Days Payable: 192.55 (340% above median its 10-year median of 43.81)
  • GF Value™: €29.89 vs. price of €81.26 (171.9% above fair value)
  • GF Score™: 23/100 with 2 warning signs
  • Industry Position: 107.7% above the Capital Markets median (#238 of 540)

No single metric tells the full story. See the FRA:V71 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hut 8 Business Description

Address 1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131
Hut 8 Corp is an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.
23GF Score

Get the complete analysis for FRA:V71

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

€81.26
Price
€29.89
GF Value