Gold Town Games AB (NGM:GTG) Days Payable: 692.54 (As of Mar. 2026) — 284% Above Median


NGM:GTG Gold Town Games AB NGM:GTG
32 GF Score
Price kr0.47
GF Value kr0.35
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gold Town Games AB Days Payable?

Gold Town Games AB NGM:GTG 32 Days Payable is 692.54 as of Mar. 2026, which is 284% above its 10-year median of 180.38. GuruFocus rates NGM:GTG with a GF Score™ of 32/100 and a GF Value™ of kr0.35 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 428 Interactive Media companies, Gold Town Games AB ranks better than 88.55% on this metric.

Gold Town Games AB's average Accounts Payable for the three months ended in Mar. 2026 was kr0.93 Mil. Gold Town Games AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr0.12 Mil. Hence, Gold Town Games AB's Days Payable for the three months ended in Mar. 2026 was 692.54.

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

NGM:GTG' s Days Payable Range Over the Past 10 Years
Min: 31.39   Med: 180.38   Max: 541.69
Current: 541.69

During the past 11 years, Gold Town Games AB's highest Days Payable was 541.69. The lowest was 31.39. And the median was 180.38.

NGM:GTG's Days Payable is ranked better than
88.55% of 428 companies
in the Interactive Media industry
Industry Median: 65.595 vs NGM:GTG: 541.69

Gold Town Games AB's Days Payable increased from Mar. 2025 (261.84) to Mar. 2026 (692.54). It may suggest that Gold Town Games AB delayed paying its suppliers.


Gold Town Games AB Days Payable Historical Data

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The historical data trend for Gold Town Games AB'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.

Gold Town Games AB Days Payable Chart

Gold Town Games AB 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 0.00 92.18 394.14 522.72 390.39

Gold Town Games AB 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 261.84 712.18 0.00 158.90 692.54

NGM:GTG vs NTES, EA, TTWO: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, Gold Town Games AB'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.


Gold Town Games AB Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gold Town Games AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Gold Town Games AB's Days Payable falls into.


NGM:GTG
32GF Score
Gold Town Games AB NGM:GTG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Town Games AB 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.

Gold Town Games AB'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
=( (0.39 + 1.009) / 2 ) / 0.654*365
=0.6995 / 0.654*365
=390.39

Gold Town Games AB'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
=( (1.009 + 0.858) / 2 ) / 0.123*365 / 4
=0.9335 / 0.123*365 / 4
=692.54

* 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 692.54 mean?
Gold Town Games AB (NGM:GTG) has a Days Payable of 692.54 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 Gold Town Games AB and its competitors. This is 284% above median its historical median of 180.38. Over the past decade, Gold Town Games AB's Days Payable has ranged from 31.39 to 541.69. According to the industry distribution chart, Gold Town Games AB ranks #49 out of 428 companies in the Interactive Media industry, placing it in the top 11.4%.
Is Gold Town Games AB's Days Payable too high?
Gold Town Games AB's current Days Payable of 692.54 is 284% above median its 10-year median of 180.38. Over the past 10 years, this metric has ranged from a low of 31.39 to a high of 541.69. The Interactive Media industry median Days Payable is 65.60. Gold Town Games AB's value of 692.54 is 955.8% above this industry median. Based on the distribution chart, Gold Town Games AB ranks #49 out of 428 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Gold Town Games AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Town Games AB's Days Payable compare to NTES and EA?
According to the Interactive Media industry distribution chart, Gold Town Games AB ranks #49 out of 428 companies for Days Payable. This places Gold Town Games AB in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 65.60. Gold Town Games AB's value of 692.54 is 955.8% above this benchmark. Historically, Gold Town Games AB's own Days Payable has ranged from 31.39 to 541.69 over the past decade. While the company's 10-year median is 180.38 vs. the industry median of 65.60, Gold Town Games AB 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.60, 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. Gold Town Games AB's current Days Payable of 692.54 is 955.8% 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 Gold Town Games AB and its competitors. For the Interactive Media industry, the median Days Payable is 65.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Town Games AB's current Days Payable is 692.54, which is 284% above median its own 10-year median of 180.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Town Games AB stock overvalued right now?
Based on GuruFocus' analysis, Gold Town Games AB (NGM:GTG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.35, compared to a current price of kr0.47 — trading 34.3% above its estimated fair value. The current Days Payable is 692.54, which is 284% above median its 10-year median of 180.38 and 955.8% above the Interactive Media industry median of 65.60. Gold Town Games AB's overall GF Score™ is 32/100 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 Gold Town Games AB (NGM:GTG), the current Days Payable is 692.54 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 Gold Town Games AB (NGM:GTG) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Town Games AB stock appears to be overvalued. The current stock price of kr0.47 is trading 34.3% above its estimated GF Value™ of kr0.35. GuruFocus considers Gold Town Games AB to be Significantly Overvalued.

Key valuation signals for NGM:GTG:

  • Days Payable: 692.54 (284% above median its 10-year median of 180.38)
  • GF Value™: kr0.35 vs. price of kr0.47 (34.3% above fair value)
  • GF Score™: 32/100 with 2 warning signs
  • Industry Position: 955.8% above the Interactive Media median (#49 of 428)

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


Gold Town Games AB Business Description

Address Storgatan 53, Skelleftea, SWE, 931 31
Gold Town Games AB is a mobile games company. The company is engaged in the development, marketing and sales of mobile games, as well as carry out related activities. It has developed a hockey manager game for mobile platforms.
32GF Score

Get the complete analysis for NGM:GTG

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

kr0.47
Price
kr0.35
GF Value