11 bit studios (WAR:11B) Days Payable: 1,829.72 (As of Mar. 2026) — 118% Above Median


WAR:11B 11 bit studios SA WAR:11B
75 GF Score
Price zł132.00
GF Value zł257.45
Valuation Significantly Undervalued
! 4 Warning Signs
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What is 11 bit studios Days Payable?

11 bit studios WAR:11B -0.08% 75 Days Payable is 1,829.72 as of Mar. 2026, which is 118% above its 10-year median of 840.30. GuruFocus rates WAR:11B with a GF Score™ of 75/100 and a GF Value™ of zł257.45 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 429 Interactive Media companies, 11 bit studios ranks better than 93.01% on this metric.

11 bit studios's average Accounts Payable for the three months ended in Mar. 2026 was zł3.5 Mil. 11 bit studios's Cost of Goods Sold for the three months ended in Mar. 2026 was zł0.2 Mil. Hence, 11 bit studios's Days Payable for the three months ended in Mar. 2026 was 1,829.72.

The historical rank and industry rank for 11 bit studios's Days Payable or its related term are showing as below:

WAR:11B' s Days Payable Range Over the Past 10 Years
Min: 378.18   Med: 840.3   Max: 4426.01
Current: 1134.98

During the past 13 years, 11 bit studios's highest Days Payable was 4426.01. The lowest was 378.18. And the median was 840.30.

WAR:11B's Days Payable is ranked better than
93.01% of 429 companies
in the Interactive Media industry
Industry Median: 65.69 vs WAR:11B: 1134.98

11 bit studios's Days Payable increased from Mar. 2025 (1,079.29) to Mar. 2026 (1,829.72). It may suggest that 11 bit studios delayed paying its suppliers.


11 bit studios Days Payable Historical Data

* Premium members only.

The historical data trend for 11 bit studios'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.

11 bit studios Days Payable Chart

11 bit studios 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 550.23 525.11 378.18 448.42 904.45

11 bit studios 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 1,079.29 1,124.70 810.03 672.81 1,829.72

WAR:11B vs NTES, EA, TTWO: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, 11 bit studios'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.


11 bit studios Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 11 bit studios's Days Payable distribution charts can be found below:

* The bar in red indicates where 11 bit studios's Days Payable falls into.


WAR:11B
75GF Score
11 bit studios SA WAR:11B
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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11 bit studios 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.

11 bit studios'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
=( (1.321 + 2.609) / 2 ) / 0.79299999999998*365
=1.965 / 0.79299999999998*365
=904.45

11 bit studios'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
=( (2.609 + 4.369) / 2 ) / 0.174*365 / 4
=3.489 / 0.174*365 / 4
=1,829.72

* 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 1,829.72 mean?
11 bit studios (WAR:11B) has a Days Payable of 1,829.72 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 11 bit studios and its competitors. This is 118% above median its historical median of 840.30. Over the past decade, 11 bit studios' Days Payable has ranged from 378.18 to 4,426.01. According to the industry distribution chart, 11 bit studios ranks #30 out of 429 companies in the Interactive Media industry, placing it in the top 7%.
Is 11 bit studios' Days Payable too high?
11 bit studios' current Days Payable of 1,829.72 is 118% above median its 10-year median of 840.30. Over the past 10 years, this metric has ranged from a low of 378.18 to a high of 4,426.01. The Interactive Media industry median Days Payable is 65.69. 11 bit studios' value of 1,829.72 is 2685.4% above this industry median. Based on the distribution chart, 11 bit studios ranks #30 out of 429 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, 11 bit studios has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 11 bit studios' Days Payable compare to NTES and EA?
According to the Interactive Media industry distribution chart, 11 bit studios ranks #30 out of 429 companies for Days Payable. This places 11 bit studios in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 65.69. 11 bit studios' value of 1,829.72 is 2685.4% above this benchmark. Historically, 11 bit studios' own Days Payable has ranged from 378.18 to 4,426.01 over the past decade. While the company's 10-year median is 840.30 vs. the industry median of 65.69, 11 bit studios 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 429 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. 11 bit studios's current Days Payable of 1,829.72 is 2685.4% 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 11 bit studios 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. 11 bit studios's current Days Payable is 1,829.72, which is 118% above median its own 10-year median of 840.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 11 bit studios stock overvalued right now?
Based on GuruFocus' analysis, 11 bit studios (WAR:11B) is currently considered Significantly Undervalued. The stock's GF Value™ is zł257.45, compared to a current price of zł132.00 — trading 48.7% below its estimated fair value. The current Days Payable is 1,829.72, which is 118% above median its 10-year median of 840.30 and 2685.4% above the Interactive Media industry median of 65.69. 11 bit studios' overall GF Score™ is 75/100 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 11 bit studios (WAR:11B), the current Days Payable is 1,829.72 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 11 bit studios (WAR:11B) Overvalued in 2026?

Based on GuruFocus' analysis, 11 bit studios stock appears to be undervalued. The current stock price of zł132.00 is trading 48.7% below its estimated GF Value™ of zł257.45. GuruFocus considers 11 bit studios to be Significantly Undervalued.

Key valuation signals for WAR:11B:

  • Days Payable: 1,829.72 (118% above median its 10-year median of 840.30)
  • GF Value™: zł257.45 vs. price of zł132.00 (48.7% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 2685.4% above the Interactive Media median (#30 of 429)

No single metric tells the full story. See the WAR:11B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


11 bit studios Business Description

Other Exchanges 11C:Germany
Address Brechta 7, Warszawa, POL, 03-472
11 bit studios SA is a manufacturer of multi-platform video games in Poland. It develops games for a wide range of devices including personal computers, and tablet computers.
75GF Score

Get the complete analysis for WAR:11B

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

zł132.00
Price
zł257.45
GF Value