EuroDryEDRY -1.86%59 Days Payable is 21.53 as of Mar. 2026, which is 20% above its 10-year median of 17.92. GuruFocus rates EDRY with a GF Score™ of 59/100 and a GF Value™ of $16.00 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 972 Transportation companies, EuroDry ranks worse than 82.82% on this metric.
EuroDry's average Accounts Payable for the
three
months ended in Mar. 2026 was $2.07 Mil. EuroDry's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $8.78 Mil.
Hence, EuroDry's Days Payable for the
three
months ended in Mar. 2026 was 21.53.
The historical rank and industry rank for EuroDry's Days Payable or its related term are showing as below:
EDRY'
s Days Payable Range Over the Past 10 Years
Min: 8.43 Med: 17.92 Max: 28.62
Current: 18.58
During the past 10 years, EuroDry's highest Days Payable was 28.62. The lowest was 8.43. And the median was 17.92.
EDRY's Days Payable is ranked worse than 82.82% of 972
companies
in the Transportation industry
Industry Median: 38.905
vs EDRY: 18.58
EuroDry's Days Payable
increased
from Mar. 2025 (20.71) to Mar. 2026 (21.53).
It may suggest that EuroDrydelayed paying its suppliers.
EuroDry Days Payable Related Terms
EuroDry Days Payable Historical Data
* Premium members only.
The historical data trend for EuroDry'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, EuroDry'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.
EuroDry Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, EuroDry's Days Payable distribution charts can be found below:
* The bar in red indicates where EuroDry'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.
EuroDry'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.
EuroDry (EDRY) has a Days Payable of 21.53 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 EuroDry and its competitors. This is 20% above median its historical median of 17.92. Over the past decade, EuroDry's Days Payable has ranged from 8.43 to 28.62. According to the industry distribution chart, EuroDry ranks #805 out of 972 companies in the Transportation industry, placing it in the top 82.8%.
Is EuroDry's Days Payable too high?
EuroDry's current Days Payable of 21.53 is 20% above median its 10-year median of 17.92. Over the past 10 years, this metric has ranged from a low of 8.43 to a high of 28.62. The Transportation industry median Days Payable is 38.91. EuroDry's value of 21.53 is 44.7% below this industry median. Based on the distribution chart, EuroDry ranks #805 out of 972 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, EuroDry has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EuroDry's Days Payable compare to HMR and GLBS?
According to the Transportation industry distribution chart, EuroDry ranks #805 out of 972 companies for Days Payable. This places EuroDry in the lower half of its industry. The industry median Days Payable is 38.91. EuroDry's value of 21.53 is 44.7% below this benchmark. Historically, EuroDry's own Days Payable has ranged from 8.43 to 28.62 over the past decade. While the company's 10-year median is 17.92 vs. the industry median of 38.91, EuroDry 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 38.91, based on 972 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. EuroDry's current Days Payable of 21.53 is 44.7% 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 EuroDry and its competitors. For the Transportation industry, the median Days Payable is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EuroDry's current Days Payable is 21.53, which is 20% above median its own 10-year median of 17.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EuroDry stock overvalued right now?
Based on GuruFocus' analysis, EuroDry (EDRY) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.00, compared to a current price of $22.40 — trading 40% above its estimated fair value. The current Days Payable is 21.53, which is 20% above median its 10-year median of 17.92 and 44.7% below the Transportation industry median of 38.91. EuroDry's overall GF Score™ is 59/100 with 8 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 EuroDry (EDRY), the current Days Payable is 21.53 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 EuroDry (EDRY) Overvalued in 2026?
Based on GuruFocus' analysis, EuroDry stock appears to be overvalued.
The current stock price of $22.40 is trading 40% above its estimated GF Value™ of $16.00.
GuruFocus considers EuroDry to be Significantly Overvalued.
Key valuation signals for EDRY:
Days Payable: 21.53 (20% above median its 10-year median of 17.92)
GF Value™: $16.00 vs. price of $22.40 (40% above fair value)
Industry Position: 44.7% below the Transportation median (#805 of 972)
No single metric tells the full story. See the EDRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EuroDry Ltd is a holding company. It is a provider of ocean-going transportation. The company owns and operates dry bulk carriers that transport bulk such as iron ore, coal, and grains, and minor bulks such as bauxite, phosphate, and fertilizers. It operates under one operating and one reportable segment, that of operating dry bulk vessels.
59GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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