Nitro Games (OSTO:NITRO) Days Payable: 66.56 (As of Mar. 2026) — 41% Below Median


OSTO:NITRO Nitro Games PLC OSTO:NITRO
59 GF Score
Price kr2.10
GF Value kr1.43
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nitro Games Days Payable?

Nitro Games OSTO:NITRO +0.48% 59 Days Payable is 66.56 as of Mar. 2026, which is 41% below its 10-year median of 111.88. GuruFocus rates OSTO:NITRO with a GF Score™ of 59/100 and a GF Value™ of kr1.43 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 428 Interactive Media companies, Nitro Games ranks worse than 60.98% on this metric.

Nitro Games's average Accounts Payable for the three months ended in Mar. 2026 was kr1.22 Mil. Nitro Games's Cost of Goods Sold for the three months ended in Mar. 2026 was kr1.67 Mil. Hence, Nitro Games's Days Payable for the three months ended in Mar. 2026 was 66.56.

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

OSTO:NITRO' s Days Payable Range Over the Past 10 Years
Min: 16.13   Med: 111.88   Max: 390.89
Current: 45.11

During the past 11 years, Nitro Games's highest Days Payable was 390.89. The lowest was 16.13. And the median was 111.88.

OSTO:NITRO's Days Payable is ranked worse than
60.98% of 428 companies
in the Interactive Media industry
Industry Median: 65.69 vs OSTO:NITRO: 45.11

Nitro Games's Days Payable increased from Mar. 2025 (49.62) to Mar. 2026 (66.56). It may suggest that Nitro Games delayed paying its suppliers.


Nitro Games Days Payable Historical Data

* Premium members only.

The historical data trend for Nitro Games'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.

Nitro Games Days Payable Chart

Nitro Games 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 109.42 114.33 167.62 128.74 44.34

Nitro Games 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 49.62 48.65 27.34 48.03 66.56

OSTO:NITRO vs NTES, EA, TTWO: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.


Nitro Games Days Payable vs Interactive Media Industry

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

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


OSTO:NITRO
59GF Score
Nitro Games PLC OSTO:NITRO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitro Games 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.

Nitro Games'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
=( (3.922 + 1.11) / 2 ) / 20.709*365
=2.516 / 20.709*365
=44.34

Nitro Games'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
=( (1.11 + 1.325) / 2 ) / 1.669*365 / 4
=1.2175 / 1.669*365 / 4
=66.56

* 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 66.56 mean?
Nitro Games (OSTO:NITRO) has a Days Payable of 66.56 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 Nitro Games and its competitors. This is 41% below median its historical median of 111.88. Over the past decade, Nitro Games' Days Payable has ranged from 16.13 to 390.89. According to the industry distribution chart, Nitro Games ranks #261 out of 428 companies in the Interactive Media industry, placing it in the top 61%.
Is Nitro Games' Days Payable too high?
Nitro Games' current Days Payable of 66.56 is 41% below median its 10-year median of 111.88. Over the past 10 years, this metric has ranged from a low of 16.13 to a high of 390.89. The Interactive Media industry median Days Payable is 65.69. Nitro Games' value of 66.56 is 1.3% above this industry median. Based on the distribution chart, Nitro Games ranks #261 out of 428 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Nitro Games has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' Days Payable compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #261 out of 428 companies for Days Payable. This places Nitro Games in the lower half of its industry. The industry median Days Payable is 65.69. Nitro Games' value of 66.56 is 1.3% above this benchmark. Historically, Nitro Games' own Days Payable has ranged from 16.13 to 390.89 over the past decade. While the company's 10-year median is 111.88 vs. the industry median of 65.69, Nitro Games 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 65.69, 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. Nitro Games's current Days Payable of 66.56 is 1.3% 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 Nitro Games and its competitors. For the Interactive Media industry, the median Days Payable is 65.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current Days Payable is 66.56, which is 41% below median its own 10-year median of 111.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.43, compared to a current price of kr2.10 — trading 46.9% above its estimated fair value. The current Days Payable is 66.56, which is 41% below median its 10-year median of 111.88 and 1.3% above the Interactive Media industry median of 65.69. Nitro Games' overall GF Score™ is 59/100 with 4 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 Nitro Games (OSTO:NITRO), the current Days Payable is 66.56 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?

Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued. The current stock price of kr2.10 is trading 46.9% above its estimated GF Value™ of kr1.43. GuruFocus considers Nitro Games to be Significantly Overvalued.

Key valuation signals for OSTO:NITRO:

  • Days Payable: 66.56 (41% below median its 10-year median of 111.88)
  • GF Value™: kr1.43 vs. price of kr2.10 (46.9% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 1.3% above the Interactive Media median (#261 of 428)

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


Nitro Games Business Description

Address Juha Vainion katu 2, Kotka, FIN, 48100
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
59GF Score

Get the complete analysis for OSTO:NITRO

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

kr2.10
Price
kr1.43
GF Value