Shahi Shipping (BOM:526508) Days Payable: 45.27 (As of Mar. 2026) — 74% Below Median


BOM:526508 Shahi Shipping Ltd BOM:526508
46 GF Score
Price ₹12.63
GF Value ₹9.49
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Shahi Shipping Days Payable?

Shahi Shipping BOM:526508 -0.32% 46 Days Payable is 45.27 as of Mar. 2026, which is 74% below its 10-year median of 177.50. GuruFocus rates BOM:526508 with a GF Score™ of 46/100 and a GF Value™ of ₹9.49 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 963 Transportation companies, Shahi Shipping ranks better than 57.42% on this metric.

Shahi Shipping's average Accounts Payable for the three months ended in Mar. 2026 was ₹10.91 Mil. Shahi Shipping's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹21.99 Mil. Hence, Shahi Shipping's Days Payable for the three months ended in Mar. 2026 was 45.27.

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

BOM:526508' s Days Payable Range Over the Past 10 Years
Min: 46.63   Med: 177.5   Max: 329.95
Current: 46.63

During the past 13 years, Shahi Shipping's highest Days Payable was 329.95. The lowest was 46.63. And the median was 177.50.

BOM:526508's Days Payable is ranked better than
57.42% of 963 companies
in the Transportation industry
Industry Median: 38.96 vs BOM:526508: 46.63

Shahi Shipping's Days Payable increased from Mar. 2025 (38.55) to Mar. 2026 (45.27). It may suggest that Shahi Shipping delayed paying its suppliers.


Shahi Shipping Days Payable Historical Data

* Premium members only.

The historical data trend for Shahi Shipping'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.

Shahi Shipping Days Payable Chart

Shahi Shipping Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.72 329.95 128.32 95.51 50.53

Shahi Shipping 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 38.55 54.65 43.54 36.19 45.27

Shahi Shipping Days Payable Competitor Comparison

For the Marine Shipping subindustry, Shahi Shipping'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.


Shahi Shipping Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Shahi Shipping's Days Payable distribution charts can be found below:

* The bar in red indicates where Shahi Shipping's Days Payable falls into.


BOM:526508
46GF Score
Shahi Shipping Ltd BOM:526508
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shahi Shipping 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.

Shahi Shipping's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (11.5 + 10.909) / 2 ) / 80.929*365
=11.2045 / 80.929*365
=50.53

Shahi Shipping'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
=( (0 + 10.909) / 1 ) / 21.989*365 / 4
=10.909 / 21.989*365 / 4
=45.27

* 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 45.27 mean?
Shahi Shipping (BOM:526508) has a Days Payable of 45.27 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 Shahi Shipping and its competitors. This is 74% below median its historical median of 177.50. Over the past decade, Shahi Shipping's Days Payable has ranged from 46.63 to 329.95. According to the industry distribution chart, Shahi Shipping ranks #410 out of 963 companies in the Transportation industry, placing it in the top 42.6%.
Is Shahi Shipping's Days Payable too high?
Shahi Shipping's current Days Payable of 45.27 is 74% below median its 10-year median of 177.50. Over the past 10 years, this metric has ranged from a low of 46.63 to a high of 329.95. The Transportation industry median Days Payable is 38.96. Shahi Shipping's value of 45.27 is 16.2% above this industry median. Based on the distribution chart, Shahi Shipping ranks #410 out of 963 companies in the Transportation industry, which is above the industry midpoint. Overall, Shahi Shipping has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shahi Shipping's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Shahi Shipping ranks #410 out of 963 companies for Days Payable. This puts Shahi Shipping in the upper half of its industry. The industry median Days Payable is 38.96. Shahi Shipping's value of 45.27 is 16.2% above this benchmark. Historically, Shahi Shipping's own Days Payable has ranged from 46.63 to 329.95 over the past decade. While the company's 10-year median is 177.50 vs. the industry median of 38.96, Shahi Shipping 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 a Transportation company?
The median Days Payable among Transportation companies is 38.96, based on 963 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. Shahi Shipping's current Days Payable of 45.27 is 16.2% 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 Shahi Shipping and its competitors. For the Transportation industry, the median Days Payable is 38.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahi Shipping's current Days Payable is 45.27, which is 74% below median its own 10-year median of 177.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahi Shipping stock overvalued right now?
Based on GuruFocus' analysis, Shahi Shipping (BOM:526508) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹9.49, compared to a current price of ₹12.63 — trading 33.1% above its estimated fair value. The current Days Payable is 45.27, which is 74% below median its 10-year median of 177.50 and 16.2% above the Transportation industry median of 38.96. Shahi Shipping's overall GF Score™ is 46/100 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 Shahi Shipping (BOM:526508), the current Days Payable is 45.27 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 Shahi Shipping (BOM:526508) Overvalued in 2026?

Based on GuruFocus' analysis, Shahi Shipping stock appears to be overvalued. The current stock price of ₹12.63 is trading 33.1% above its estimated GF Value™ of ₹9.49. GuruFocus considers Shahi Shipping to be Significantly Overvalued.

Key valuation signals for BOM:526508:

  • Days Payable: 45.27 (74% below median its 10-year median of 177.50)
  • GF Value™: ₹9.49 vs. price of ₹12.63 (33.1% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 16.2% above the Transportation median (#410 of 963)

No single metric tells the full story. See the BOM:526508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shahi Shipping Business Description

Address Baroda Street, 4th Floor, 404, Abhay Steel House, Carnac bunder, Mumbai, MH, IND, 400050
Shahi Shipping Ltd is in the shipping business. It provides services in the areas of container liquid cargo lighterage operations of petroleum and chemical products, lighterage operations of bulk cargo, tug services for port-related activities, supply of bunkers to vessels, and container feeder service on Indian coasts through its fleet of vessels.
46GF Score

Get the complete analysis for BOM:526508

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

₹12.63
Price
₹9.49
GF Value