Shipwaves Online (BOM:544646) Days Payable: 27.99 (As of Mar. 2026) — 34% Above Median

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BOM:544646 Shipwaves Online Ltd BOM:544646
16 GF Score
Price ₹2.91
! 7 Warning Signs
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What is Shipwaves Online Days Payable?

Shipwaves Online BOM:544646 -3.96% 16 Days Payable is 27.99 as of Mar. 2026, which is 34% above its 10-year median of 20.84. GuruFocus rates BOM:544646 with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 967 Transportation companies, Shipwaves Online ranks worse than 66.6% on this metric.

Shipwaves Online's average Accounts Payable for the six months ended in Mar. 2026 was ₹62.2 Mil. Shipwaves Online's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹811.3 Mil. Hence, Shipwaves Online's Days Payable for the six months ended in Mar. 2026 was 13.99.

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

BOM:544646' s Days Payable Range Over the Past 10 Years
Min: 13.97   Med: 20.84   Max: 27.99
Current: 27.99

During the past 4 years, Shipwaves Online's highest Days Payable was 27.99. The lowest was 13.97. And the median was 20.84.

BOM:544646's Days Payable is ranked worse than
66.6% of 967 companies
in the Transportation industry
Industry Median: 38.25 vs BOM:544646: 27.99

Shipwaves Online's Days Payable increased from Mar. 2024 (17.89) to Mar. 2026 (27.99). It may suggest that Shipwaves Online delayed paying its suppliers.


Shipwaves Online Days Payable Historical Data

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The historical data trend for Shipwaves Online'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.

Shipwaves Online Days Payable Chart

Shipwaves Online Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
13.97 17.89 23.79 27.99

Shipwaves Online Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Days Payable 13.97 17.89 23.79 27.99

Shipwaves Online Days Payable Competitor Comparison

For the Marine Shipping subindustry, Shipwaves Online'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.


Shipwaves Online Days Payable vs Transportation Industry

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

* The bar in red indicates where Shipwaves Online's Days Payable falls into.


BOM:544646
16GF Score
Shipwaves Online Ltd BOM:544646
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shipwaves Online 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.

Shipwaves Online'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
=( (55.38 + 69.023) / 2 ) / 811.259*365
=62.2015 / 811.259*365
=27.99

Shipwaves Online'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (55.38 + 69.023) / 2 ) / 811.259*365 / 2
=62.2015 / 811.259*365 / 2
=13.99

* 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 27.99 mean?
Shipwaves Online (BOM:544646) has a Days Payable of 27.99 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 Shipwaves Online and its competitors. This is 34% above median its historical median of 20.84. Over the past decade, Shipwaves Online's Days Payable has ranged from 13.97 to 27.99. According to the industry distribution chart, Shipwaves Online ranks #644 out of 967 companies in the Transportation industry, placing it in the top 66.6%.
Is Shipwaves Online's Days Payable too high?
Shipwaves Online's current Days Payable of 27.99 is 34% above median its 10-year median of 20.84. Over the past 10 years, this metric has ranged from a low of 13.97 to a high of 27.99. The Transportation industry median Days Payable is 38.25. Shipwaves Online's value of 27.99 is 26.8% below this industry median. Based on the distribution chart, Shipwaves Online ranks #644 out of 967 companies in the Transportation industry, which is below the industry midpoint. Overall, Shipwaves Online has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shipwaves Online's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Shipwaves Online ranks #644 out of 967 companies for Days Payable. This places Shipwaves Online in the lower half of its industry. The industry median Days Payable is 38.25. Shipwaves Online's value of 27.99 is 26.8% below this benchmark. Historically, Shipwaves Online's own Days Payable has ranged from 13.97 to 27.99 over the past decade. While the company's 10-year median is 20.84 vs. the industry median of 38.25, Shipwaves Online 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 Transportation company?
The median Days Payable among Transportation companies is 38.25, based on 967 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. Shipwaves Online's current Days Payable of 27.99 is 26.8% 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 Shipwaves Online and its competitors. For the Transportation industry, the median Days Payable is 38.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shipwaves Online's current Days Payable is 27.99, which is 34% above median its own 10-year median of 20.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shipwaves Online stock overvalued right now?
Shipwaves Online (BOM:544646) has a current Days Payable of 27.99. The current Days Payable is 27.99, which is 34% above median its 10-year median of 20.84 and 26.8% below the Transportation industry median of 38.25. Shipwaves Online's overall GF Score™ is 16/100 with 7 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 Shipwaves Online (BOM:544646), the current Days Payable is 27.99 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.

Shipwaves Online Business Description

Address 1st cross, Attavara, 18-2-16/4(3), 3rd Floor, Mukka Corporate House, Dakshina Kannada, Mangalore, KA, IND, 575001
Shipwaves Online Ltd presents itself as a comprehensive, single unified platform designed to meet its client's shipping and logistical needs. Its expertise spans across multimodal transportation solutions, offering seamless end-to-end support for shipments across Ocean, Land, and Air. The company's platform is built to offer real-time visibility, ensuring that clients have full transparency and control over their logistics operations from the point of origin to the final destination. The Company offers two primary service categories-Digital Freight Forwarding and Enterprise SaaS Solutions-each designed to meet the evolving needs of businesses in the logistics and supply chain industry. The company generates majority of its revenue from Ocean Shipment.
16GF Score

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