GRVY (GRAVITY Co) Days Payable: 56.12 (As of Mar. 2026) — 29% Below Median


GRVY GRAVITY Co Ltd GRVY
75 GF Score
Price $65.87
GF Value $63.68
Valuation Fairly Valued
! 2 Warning Signs
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What is GRAVITY Co Days Payable?

GRAVITY Co GRVY +0.60% 75 Days Payable is 56.12 as of Mar. 2026, which is 29% below its 10-year median of 78.70. GuruFocus rates GRVY with a GF Score™ of 75/100 and a GF Value™ of $63.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 428 Interactive Media companies, GRAVITY Co ranks worse than 50.47% on this metric.

GRAVITY Co's average Accounts Payable for the three months ended in Mar. 2026 was $45.5 Mil. GRAVITY Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $74.0 Mil. Hence, GRAVITY Co's Days Payable for the three months ended in Mar. 2026 was 56.12.

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

GRVY' s Days Payable Range Over the Past 10 Years
Min: 51.16   Med: 78.7   Max: 103.24
Current: 65.5

During the past 13 years, GRAVITY Co's highest Days Payable was 103.24. The lowest was 51.16. And the median was 78.70.

GRVY's Days Payable is ranked worse than
50.47% of 428 companies
in the Interactive Media industry
Industry Median: 65.69 vs GRVY: 65.50

GRAVITY Co's Days Payable declined from Mar. 2025 (68.78) to Mar. 2026 (56.12). It may suggest that GRAVITY Co accelerated paying its suppliers.


GRAVITY Co Days Payable Historical Data

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The historical data trend for GRAVITY Co'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.

GRAVITY Co Days Payable Chart

GRAVITY Co 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 79.97 80.93 51.16 80.95 65.66

GRAVITY Co 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 68.78 56.44 78.69 82.63 56.12

GRVY vs DDI, SOHU, GDEV: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, GRAVITY Co'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.


GRAVITY Co Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GRAVITY Co's Days Payable distribution charts can be found below:

* The bar in red indicates where GRAVITY Co's Days Payable falls into.


GRVY
75GF Score
GRAVITY Co Ltd GRVY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GRAVITY Co 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.

GRAVITY Co'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
=( (47.174 + 42.261) / 2 ) / 248.587*365
=44.7175 / 248.587*365
=65.66

GRAVITY Co'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
=( (42.261 + 48.705) / 2 ) / 73.95*365 / 4
=45.483 / 73.95*365 / 4
=56.12

* 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 56.12 mean?
GRAVITY Co (GRVY) has a Days Payable of 56.12 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 GRAVITY Co and its competitors. This is 29% below median its historical median of 78.70. Over the past decade, GRAVITY Co's Days Payable has ranged from 51.16 to 103.24. According to the industry distribution chart, GRAVITY Co ranks #216 out of 428 companies in the Interactive Media industry, placing it in the top 50.5%.
Is GRAVITY Co's Days Payable too high?
GRAVITY Co's current Days Payable of 56.12 is 29% below median its 10-year median of 78.70. Over the past 10 years, this metric has ranged from a low of 51.16 to a high of 103.24. The Interactive Media industry median Days Payable is 65.69. GRAVITY Co's value of 56.12 is 14.6% below this industry median. Based on the distribution chart, GRAVITY Co ranks #216 out of 428 companies in the Interactive Media industry, which is below the industry midpoint. Overall, GRAVITY Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GRAVITY Co's Days Payable compare to DDI and SOHU?
According to the Interactive Media industry distribution chart, GRAVITY Co ranks #216 out of 428 companies for Days Payable. This places GRAVITY Co in the lower half of its industry. The industry median Days Payable is 65.69. GRAVITY Co's value of 56.12 is 14.6% below this benchmark. Historically, GRAVITY Co's own Days Payable has ranged from 51.16 to 103.24 over the past decade. While the company's 10-year median is 78.70 vs. the industry median of 65.69, GRAVITY Co 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.69, based on 428 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. GRAVITY Co's current Days Payable of 56.12 is 14.6% 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 GRAVITY Co and its competitors. For the Interactive Media industry, the median Days Payable is 65.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRAVITY Co's current Days Payable is 56.12, which is 29% below median its own 10-year median of 78.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRAVITY Co stock overvalued right now?
Based on GuruFocus' analysis, GRAVITY Co (GRVY) is currently considered Fairly Valued. The stock's GF Value™ is $63.68, compared to a current price of $65.87 — trading 3.4% above its estimated fair value. The current Days Payable is 56.12, which is 29% below median its 10-year median of 78.70 and 14.6% below the Interactive Media industry median of 65.69. GRAVITY Co's overall GF Score™ is 75/100 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 GRAVITY Co (GRVY), the current Days Payable is 56.12 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 GRAVITY Co (GRVY) Overvalued in 2026?

Based on GuruFocus' analysis, GRAVITY Co stock appears to be overvalued. The current stock price of $65.87 is trading 3.4% above its estimated GF Value™ of $63.68. GuruFocus considers GRAVITY Co to be Fairly Valued.

Key valuation signals for GRVY:

  • Days Payable: 56.12 (29% below median its 10-year median of 78.70)
  • GF Value™: $63.68 vs. price of $65.87 (3.4% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 14.6% below the Interactive Media median (#216 of 428)

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


GRAVITY Co Business Description

Other Exchanges GD8A:Germany
Address 15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. The gaming products of the company include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation. Geographically, it derives maximum revenue from Taiwan.
75GF Score

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

$65.87
Price
$63.68
GF Value