London BTC Co (LSE:BTC) Days Payable: 38.05 (As of Feb. 2026) — 62% Below Median

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What is London BTC Co Days Payable?

London BTC Co LSE:BTC -1.64% Days Payable is 38.05 as of Feb. 2026, which is 62% below its 10-year median of 99.00. The stock has 3 warning signs investors should review. Among 538 Capital Markets companies, London BTC Co ranks worse than 59.48% on this metric.

London BTC Co's average Accounts Payable for the six months ended in Feb. 2026 was £0.19 Mil. London BTC Co's Cost of Goods Sold for the six months ended in Feb. 2026 was £0.92 Mil. Hence, London BTC Co's Days Payable for the six months ended in Feb. 2026 was 38.05.

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

LSE:BTC' s Days Payable Range Over the Past 10 Years
Min: 17.53   Med: 99   Max: 180.47
Current: 47.07

During the past 3 years, London BTC Co's highest Days Payable was 180.47. The lowest was 17.53. And the median was 99.00.

LSE:BTC's Days Payable is ranked worse than
59.48% of 538 companies
in the Capital Markets industry
Industry Median: 93.795 vs LSE:BTC: 47.07

London BTC Co's Days Payable declined from Feb. 2024 (54.29) to Feb. 2026 (38.05). It may suggest that London BTC Co accelerated paying its suppliers.


London BTC Co Days Payable Historical Data

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The historical data trend for London BTC 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.

London BTC Co Days Payable Chart

London BTC Co Annual Data
Trend Aug22 Aug23 Feb26
Days Payable
0.00 180.47 17.53

London BTC Co Semi-Annual Data
Aug22 Feb23 Aug23 Feb24 Aug25 Feb26
Days Payable Get a 7-Day Free Trial 0.00 109.50 54.29 57.83 38.05

LSE:BTC vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, London BTC 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.


London BTC Co Days Payable vs Capital Markets Industry

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

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



London BTC 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.

London BTC Co's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2023 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (0.054 + 0.089) / 2 ) / 1.489*365
=0.0715 / 1.489*365
=17.53

London BTC Co's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (0.295 + 0.089) / 2 ) / 0.921*365 / 2
=0.192 / 0.921*365 / 2
=38.05

* 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 38.05 mean?
London BTC Co (LSE:BTC) has a Days Payable of 38.05 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on London BTC Co and its competitors. This is 62% below median its historical median of 99.00. Over the past decade, London BTC Co's Days Payable has ranged from 17.53 to 180.47. According to the industry distribution chart, London BTC Co ranks #320 out of 538 companies in the Capital Markets industry, placing it in the top 59.5%.
Is London BTC Co's Days Payable too high?
London BTC Co's current Days Payable of 38.05 is 62% below median its 10-year median of 99.00. Over the past 10 years, this metric has ranged from a low of 17.53 to a high of 180.47. The Capital Markets industry median Days Payable is 93.80. London BTC Co's value of 38.05 is 59.4% below this industry median. Based on the distribution chart, London BTC Co ranks #320 out of 538 companies in the Capital Markets industry, which is below the industry midpoint.
How does London BTC Co's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, London BTC Co ranks #320 out of 538 companies for Days Payable. This places London BTC Co in the lower half of its industry. The industry median Days Payable is 93.80. London BTC Co's value of 38.05 is 59.4% below this benchmark. Historically, London BTC Co's own Days Payable has ranged from 17.53 to 180.47 over the past decade. While the company's 10-year median is 99.00 vs. the industry median of 93.80, London BTC 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 a Capital Markets company?
The median Days Payable among Capital Markets companies is 93.80, 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. London BTC Co's current Days Payable of 38.05 is 59.4% 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 London BTC Co and its competitors. For the Capital Markets industry, the median Days Payable is 93.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London BTC Co's current Days Payable is 38.05, which is 62% below median its own 10-year median of 99.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London BTC Co stock overvalued right now?
London BTC Co (LSE:BTC) has a current Days Payable of 38.05. The current Days Payable is 38.05, which is 62% below median its 10-year median of 99.00 and 59.4% below the Capital Markets industry median of 93.80. 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 London BTC Co (LSE:BTC), the current Days Payable is 38.05 as of Feb. 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.

London BTC Co Business Description

Other Exchanges VINZF:USA
Address Wickhams Cay II Road, Vistra Corporate Services Centre, Tortola, Road Town, VGB, VG 1110
London BTC Co Ltd operates as a Bitcoin mining company initially focusing on installing clusters of Bitcoin miners within multiple facilities throughout the USA and Canada through third-party cryptocurrency mining providers. The company focuses on the development of BTC cryptocurrency mining operations and an emerging class of powerful decentralised finance DeFI technologies. Together, cryptocurrencies and decentralised protocol technologies interoperate to create world-wide decentralised financial services platforms. These platforms continue to enjoy rapid growth and are augmenting or replacing capabilities typically associated with traditional finance.