Games Workshop Group (LSE:GAW) Days Payable: 21.73 (As of Nov. 2025) — 34% Below Median


LSE:GAW Games Workshop Group PLC LSE:GAW
95 GF Score
Price £215.40
GF Value £147.38
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Games Workshop Group Days Payable?

Games Workshop Group LSE:GAW -0.28% 95 Days Payable is 21.73 as of Nov. 2025, which is 34% below its 10-year median of 32.91. GuruFocus rates LSE:GAW with a GF Score™ of 95/100 and a GF Value™ of £147.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 778 Travel & Leisure companies, Games Workshop Group ranks worse than 80.08% on this metric.

Games Workshop Group's average Accounts Payable for the six months ended in Nov. 2025 was £11.5 Mil. Games Workshop Group's Cost of Goods Sold for the six months ended in Nov. 2025 was £96.6 Mil. Hence, Games Workshop Group's Days Payable for the six months ended in Nov. 2025 was 21.73.

The historical rank and industry rank for Games Workshop Group's Days Payable or its related term are showing as below:

LSE:GAW' s Days Payable Range Over the Past 10 Years
Min: 21.24   Med: 32.91   Max: 43.99
Current: 21.24

During the past 13 years, Games Workshop Group's highest Days Payable was 43.99. The lowest was 21.24. And the median was 32.91.

LSE:GAW's Days Payable is ranked worse than
80.08% of 778 companies
in the Travel & Leisure industry
Industry Median: 56.525 vs LSE:GAW: 21.24

Games Workshop Group's Days Payable declined from Nov. 2024 (22.11) to Nov. 2025 (21.73). It may suggest that Games Workshop Group accelerated paying its suppliers.


Games Workshop Group Days Payable Historical Data

* Premium members only.

The historical data trend for Games Workshop Group'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.

Games Workshop Group Days Payable Chart

Games Workshop Group Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.87 30.94 23.24 26.55 27.30

Games Workshop Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 22.15 23.65 22.11 23.62 21.73

LSE:GAW vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Games Workshop Group'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.


Games Workshop Group Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Games Workshop Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Games Workshop Group's Days Payable falls into.


LSE:GAW
95GF Score
Games Workshop Group PLC LSE:GAW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Games Workshop Group 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.

Games Workshop Group's Days Payable for the fiscal year that ended in May. 2025 is calculated as

Days Payable (A: May. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2024 ) + Accounts Payable (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (12.5 + 13.3) / 2 ) / 172.5*365
=12.9 / 172.5*365
=27.30

Games Workshop Group's Days Payable for the quarter that ended in Nov. 2025 is calculated as:

Days Payable (Q: Nov. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2025 ) + Accounts Payable (Q: Nov. 2025 )) / count ) / Cost of Goods Sold (Q: Nov. 2025 )*Days in Period
=( (13.3 + 9.7) / 2 ) / 96.6*365 / 2
=11.5 / 96.6*365 / 2
=21.73

* 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 21.73 mean?
Games Workshop Group (LSE:GAW) has a Days Payable of 21.73 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Games Workshop Group and its competitors. This is 34% below median its historical median of 32.91. Over the past decade, Games Workshop Group's Days Payable has ranged from 21.24 to 43.99. According to the industry distribution chart, Games Workshop Group ranks #623 out of 778 companies in the Travel & Leisure industry, placing it in the top 80.1%.
Is Games Workshop Group's Days Payable too high?
Games Workshop Group's current Days Payable of 21.73 is 34% below median its 10-year median of 32.91. Over the past 10 years, this metric has ranged from a low of 21.24 to a high of 43.99. The Travel & Leisure industry median Days Payable is 56.53. Games Workshop Group's value of 21.73 is 61.6% below this industry median. Based on the distribution chart, Games Workshop Group ranks #623 out of 778 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Games Workshop Group has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Games Workshop Group's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Games Workshop Group ranks #623 out of 778 companies for Days Payable. This places Games Workshop Group in the lower half of its industry. The industry median Days Payable is 56.53. Games Workshop Group's value of 21.73 is 61.6% below this benchmark. Historically, Games Workshop Group's own Days Payable has ranged from 21.24 to 43.99 over the past decade. While the company's 10-year median is 32.91 vs. the industry median of 56.53, Games Workshop Group 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.53, based on 778 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. Games Workshop Group's current Days Payable of 21.73 is 61.6% 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 Games Workshop Group and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Workshop Group's current Days Payable is 21.73, which is 34% below median its own 10-year median of 32.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Workshop Group stock overvalued right now?
Based on GuruFocus' analysis, Games Workshop Group (LSE:GAW) is currently considered Significantly Overvalued. The stock's GF Value™ is £147.38, compared to a current price of £215.40 — trading 46.2% above its estimated fair value. The current Days Payable is 21.73, which is 34% below median its 10-year median of 32.91 and 61.6% below the Travel & Leisure industry median of 56.53. Games Workshop Group's overall GF Score™ is 95/100 with 5 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 Games Workshop Group (LSE:GAW), the current Days Payable is 21.73 as of Nov. 2025. 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 Games Workshop Group (LSE:GAW) Overvalued in 2026?

Based on GuruFocus' analysis, Games Workshop Group stock appears to be overvalued. The current stock price of £215.40 is trading 46.2% above its estimated GF Value™ of £147.38. GuruFocus considers Games Workshop Group to be Significantly Overvalued.

Key valuation signals for LSE:GAW:

  • Days Payable: 21.73 (34% below median its 10-year median of 32.91)
  • GF Value™: £147.38 vs. price of £215.40 (46.2% above fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 61.6% below the Travel & Leisure median (#623 of 778)

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


Games Workshop Group Business Description

Address Willow Road, Lenton, Nottingham, GBR, NG7 2WS
Games Workshop Group PLC designs, manufactures and sells fantasy miniatures and games related products. It carries the manufacturing activity in the UK and sells the same in the different region of the countries such as Continental Europe, North America, and Asia Pacific. It operates through two segments Core and Licensing . The core segment includes all revenue and expenditure relating to the design, manufacture and sales of their fantasy miniatures and related products. The licensing segment includes all revenue and expenditure relating to licences granted to external partners. The company generates majority of its revenue from the core segment.
95GF Score

Get the complete analysis for LSE:GAW

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

£215.40
Price
£147.38
GF Value