C3isCISS -3.86%35 Days Payable is 31.49 as of Mar. 2026, which is 104% above its 10-year median of 15.47. GuruFocus rates CISS with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 964 Transportation companies, C3is ranks worse than 76.76% on this metric.
C3is's average Accounts Payable for the
three
months ended in Mar. 2026 was $1.86 Mil. C3is's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $5.38 Mil.
Hence, C3is's Days Payable for the
three
months ended in Mar. 2026 was 31.49.
The historical rank and industry rank for C3is's Days Payable or its related term are showing as below:
CISS'
s Days Payable Range Over the Past 10 Years
Min: 9.26 Med: 15.47 Max: 70.38
Current: 22
During the past 5 years, C3is's highest Days Payable was 70.38. The lowest was 9.26. And the median was 15.47.
CISS's Days Payable is ranked worse than 76.76% of 964
companies
in the Transportation industry
Industry Median: 38.985
vs CISS: 22.00
C3is's Days Payable
increased
from Mar. 2025 (18.99) to Mar. 2026 (31.49).
It may suggest that C3isdelayed paying its suppliers.
C3is Days Payable Related Terms
C3is Days Payable Historical Data
* Premium members only.
The historical data trend for C3is'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.
For the Marine Shipping subindustry, C3is'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.
C3is Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, C3is's Days Payable distribution charts can be found below:
* The bar in red indicates where C3is's Days Payable falls into.
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.
C3is's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
C3is (CISS) has a Days Payable of 31.49 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 C3is and its competitors. This is 104% above median its historical median of 15.47. Over the past decade, C3is' Days Payable has ranged from 9.26 to 70.38. According to the industry distribution chart, C3is ranks #740 out of 964 companies in the Transportation industry, placing it in the top 76.8%.
Is C3is' Days Payable too high?
C3is' current Days Payable of 31.49 is 104% above median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 9.26 to a high of 70.38. The Transportation industry median Days Payable is 38.99. C3is' value of 31.49 is 19.2% below this industry median. Based on the distribution chart, C3is ranks #740 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, C3is has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does C3is' Days Payable compare to ICON and RUBI?
According to the Transportation industry distribution chart, C3is ranks #740 out of 964 companies for Days Payable. This places C3is in the lower half of its industry. The industry median Days Payable is 38.99. C3is' value of 31.49 is 19.2% below this benchmark. Historically, C3is' own Days Payable has ranged from 9.26 to 70.38 over the past decade. While the company's 10-year median is 15.47 vs. the industry median of 38.99, C3is 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 38.99, based on 964 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. C3is's current Days Payable of 31.49 is 19.2% 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 C3is and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C3is's current Days Payable is 31.49, which is 104% above median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C3is stock overvalued right now?
C3is (CISS) has a current Days Payable of 31.49. The current Days Payable is 31.49, which is 104% above median its 10-year median of 15.47 and 19.2% below the Transportation industry median of 38.99. C3is' overall GF Score™ is 35/100 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 C3is (CISS), the current Days Payable is 31.49 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.
C3is Inc is a provider of international seaborne transportation services to dry bulk charterers, including national and private industrial users, commodity producers, and traders. The company owns and operates a fleet of two dry bulk carriers that transport bulk commodities such as iron ore, coal, and grains, and minor bulks such as bauxite, phosphate, and fertilizers.
35GF Score
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