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Bitfire Group HoldingsHKSE:01611 +3.70%75 Days Payable is 6.70 as of Mar. 2026, which is 82% below its 10-year median of 37.21. GuruFocus rates HKSE:01611 with a GF Score™ of 75/100 and a GF Value™ of HK$3.42 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 538 Capital Markets companies, Bitfire Group Holdings ranks worse than 89.78% on this metric.
* 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.
HKSE:01611 vs MS, GS, SCHW: Days Payable Comparison
For the Capital Markets subindustry, Bitfire Group Holdings'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.
Bitfire Group Holdings Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bitfire Group Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Bitfire Group Holdings'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.
Bitfire Group Holdings's Days Payable for the fiscal year that ended in Sep. 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.
Bitfire Group Holdings (HKSE:01611) has a Days Payable of 6.70 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 Bitfire Group Holdings and its competitors. This is 82% below median its historical median of 37.21. Over the past decade, Bitfire Group Holdings' Days Payable has ranged from 1.35 to 51.27. According to the industry distribution chart, Bitfire Group Holdings ranks #483 out of 538 companies in the Capital Markets industry, placing it in the top 89.8%.
Is Bitfire Group Holdings' Days Payable too high?
Bitfire Group Holdings' current Days Payable of 6.70 is 82% below median its 10-year median of 37.21. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 51.27. The Capital Markets industry median Days Payable is 92.71. Bitfire Group Holdings' value of 6.70 is 92.8% below this industry median. Based on the distribution chart, Bitfire Group Holdings ranks #483 out of 538 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bitfire Group Holdings has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bitfire Group Holdings' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Bitfire Group Holdings ranks #483 out of 538 companies for Days Payable. This places Bitfire Group Holdings in the lower half of its industry. The industry median Days Payable is 92.71. Bitfire Group Holdings' value of 6.70 is 92.8% below this benchmark. Historically, Bitfire Group Holdings' own Days Payable has ranged from 1.35 to 51.27 over the past decade. While the company's 10-year median is 37.21 vs. the industry median of 92.71, Bitfire Group Holdings 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 92.71, based on 538 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. Bitfire Group Holdings's current Days Payable of 6.70 is 92.8% 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 Bitfire Group Holdings 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. Bitfire Group Holdings's current Days Payable is 6.70, which is 82% below median its own 10-year median of 37.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitfire Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bitfire Group Holdings (HKSE:01611) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.42, compared to a current price of HK$1.96 — trading 42.7% below its estimated fair value. The current Days Payable is 6.70, which is 82% below median its 10-year median of 37.21 and 92.8% below the Capital Markets industry median of 92.71. Bitfire Group Holdings' overall GF Score™ is 75/100 with 3 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 Bitfire Group Holdings (HKSE:01611), the current Days Payable is 6.70 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 Bitfire Group Holdings (HKSE:01611) Overvalued in 2026?
Based on GuruFocus' analysis, Bitfire Group Holdings stock appears to be undervalued.
The current stock price of HK$1.96 is trading 42.7% below its estimated GF Value™ of HK$3.42.
GuruFocus considers Bitfire Group Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01611:
Days Payable: 6.70 (82% below median its 10-year median of 37.21)
GF Value™: HK$3.42 vs. price of HK$1.96 (42.7% below fair value)
Industry Position: 92.8% below the Capital Markets median (#483 of 538)
No single metric tells the full story. See the HKSE:01611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitfire Group Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a varieties of services in virtual asset ecosystem, such as asset management, trust and custodian business, crypto asset trading and operate a crypto asset exchange in Japan. The company has two reportable and operating segments: (i) Operation of crypto asset exchange in Japan (Blockchain Platform Business); and (ii) Virtual asset ecosystem other than Blockchain Platform Business (Other Virtual Asset Ecosystem Business). The majority of revenue is derived from the Blockchain Platform Business segment.
75GF Score
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