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IRENIREN -1.04%67 Days Payable is 293.60 as of Mar. 2026, which is 175% above its 10-year median of 106.62. GuruFocus rates IREN with a GF Score™ of 67/100 and a GF Value™ of $12.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 539 Capital Markets companies, IREN ranks better than 58.07% on this metric.
IREN's average Accounts Payable for the
three
months ended in Mar. 2026 was $164.8 Mil. IREN's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $51.2 Mil.
Hence, IREN's Days Payable for the
three
months ended in Mar. 2026 was 293.60.
The historical rank and industry rank for IREN's Days Payable or its related term are showing as below:
IREN'
s Days Payable Range Over the Past 10 Years
Min: 67.55 Med: 106.62 Max: 337.53
Current: 170.61
During the past 6 years, IREN's highest Days Payable was 337.53. The lowest was 67.55. And the median was 106.62.
IREN's Days Payable is ranked better than 58.07% of 539
companies
in the Capital Markets industry
Industry Median: 88.46
vs IREN: 170.61
IREN's Days Payable
declined
from Mar. 2025 (308.18) to Mar. 2026 (293.60).
It may suggest that IRENaccelerated paying its suppliers.
IREN Days Payable Related Terms
IREN Days Payable Historical Data
* Premium members only.
The historical data trend for IREN'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.
For the Capital Markets subindustry, IREN'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.
IREN Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IREN's Days Payable distribution charts can be found below:
* The bar in red indicates where IREN'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.
IREN's Days Payable for the fiscal year that ended in Jun. 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.
IREN (IREN) has a Days Payable of 293.60 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 IREN and its competitors. This is 175% above median its historical median of 106.62. Over the past decade, IREN's Days Payable has ranged from 67.55 to 337.53. According to the industry distribution chart, IREN ranks #226 out of 539 companies in the Capital Markets industry, placing it in the top 41.9%.
Is IREN's Days Payable too high?
IREN's current Days Payable of 293.60 is 175% above median its 10-year median of 106.62. Over the past 10 years, this metric has ranged from a low of 67.55 to a high of 337.53. The Capital Markets industry median Days Payable is 88.46. IREN's value of 293.60 is 231.9% above this industry median. Based on the distribution chart, IREN ranks #226 out of 539 companies in the Capital Markets industry, which is above the industry midpoint. Overall, IREN has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IREN's Days Payable compare to CRCL and HUT?
According to the Capital Markets industry distribution chart, IREN ranks #226 out of 539 companies for Days Payable. This puts IREN in the upper half of its industry. The industry median Days Payable is 88.46. IREN's value of 293.60 is 231.9% above this benchmark. Historically, IREN's own Days Payable has ranged from 67.55 to 337.53 over the past decade. While the company's 10-year median is 106.62 vs. the industry median of 88.46, IREN 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 88.46, based on 539 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. IREN's current Days Payable of 293.60 is 231.9% 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 IREN and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IREN's current Days Payable is 293.60, which is 175% above median its own 10-year median of 106.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IREN stock overvalued right now?
Based on GuruFocus' analysis, IREN (IREN) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.37, compared to a current price of $38.61 — trading 212.1% above its estimated fair value. The current Days Payable is 293.60, which is 175% above median its 10-year median of 106.62 and 231.9% above the Capital Markets industry median of 88.46. IREN's overall GF Score™ is 67/100 with 8 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 IREN (IREN), the current Days Payable is 293.60 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 IREN (IREN) Overvalued in 2026?
Based on GuruFocus' analysis, IREN stock appears to be overvalued.
The current stock price of $38.61 is trading 212.1% above its estimated GF Value™ of $12.37.
GuruFocus considers IREN to be Significantly Overvalued.
Key valuation signals for IREN:
Days Payable: 293.60 (175% above median its 10-year median of 106.62)
GF Value™: $12.37 vs. price of $38.61 (212.1% above fair value)
Industry Position: 231.9% above the Capital Markets median (#226 of 539)
No single metric tells the full story. See the IREN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IREN owns data centers powered by renewable energy in Canada and the US for bitcoin mining and AI cloud infrastructure. The company is in the process of converting its existing bitcoin capacity for AI purposes and securing new power and land supply to expand its data center operation. IREN works closely with industry leaders in AI, such as Microsoft, to support their cloud infrastructure ambitions.
67GF Score
Get the complete analysis for IREN
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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