HafniaFRA:RE0 -1.99%87 Days Payable is 58.54 as of Mar. 2026, which is 83% above its 10-year median of 31.98. GuruFocus rates FRA:RE0 with a GF Score™ of 87/100 and a GF Value™ of €4.53 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 964 Transportation companies, Hafnia ranks better than 70.75% on this metric.
Hafnia's average Accounts Payable for the
three
months ended in Mar. 2026 was €284 Mil. Hafnia's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €443 Mil.
Hence, Hafnia's Days Payable for the
three
months ended in Mar. 2026 was 58.54.
The historical rank and industry rank for Hafnia's Days Payable or its related term are showing as below:
FRA:RE0'
s Days Payable Range Over the Past 10 Years
Min: 13.35 Med: 31.98 Max: 65.49
Current: 65.49
During the past 11 years, Hafnia's highest Days Payable was 65.49. The lowest was 13.35. And the median was 31.98.
FRA:RE0's Days Payable is ranked better than 70.75% of 964
companies
in the Transportation industry
Industry Median: 38.985
vs FRA:RE0: 65.49
Hafnia's Days Payable
increased
from Mar. 2025 (54.80) to Mar. 2026 (58.54).
It may suggest that Hafniadelayed paying its suppliers.
Hafnia Days Payable Related Terms
Hafnia Days Payable Historical Data
* Premium members only.
The historical data trend for Hafnia'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, Hafnia'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.
Hafnia Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Hafnia's Days Payable distribution charts can be found below:
* The bar in red indicates where Hafnia'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.
Hafnia'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.
Hafnia (FRA:RE0) has a Days Payable of 58.54 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 Hafnia and its competitors. This is 83% above median its historical median of 31.98. Over the past decade, Hafnia's Days Payable has ranged from 13.35 to 65.49. According to the industry distribution chart, Hafnia ranks #282 out of 964 companies in the Transportation industry, placing it in the top 29.3%.
Is Hafnia's Days Payable too high?
Hafnia's current Days Payable of 58.54 is 83% above median its 10-year median of 31.98. Over the past 10 years, this metric has ranged from a low of 13.35 to a high of 65.49. The Transportation industry median Days Payable is 38.99. Hafnia's value of 58.54 is 50.2% above this industry median. Based on the distribution chart, Hafnia ranks #282 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, Hafnia has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hafnia's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Hafnia ranks #282 out of 964 companies for Days Payable. This puts Hafnia in the upper half of its industry. The industry median Days Payable is 38.99. Hafnia's value of 58.54 is 50.2% above this benchmark. Historically, Hafnia's own Days Payable has ranged from 13.35 to 65.49 over the past decade. While the company's 10-year median is 31.98 vs. the industry median of 38.99, Hafnia 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 38.99, 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. Hafnia's current Days Payable of 58.54 is 50.2% 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 Hafnia 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. Hafnia's current Days Payable is 58.54, which is 83% above median its own 10-year median of 31.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hafnia stock overvalued right now?
Based on GuruFocus' analysis, Hafnia (FRA:RE0) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.53, compared to a current price of €5.91 — trading 30.5% above its estimated fair value. The current Days Payable is 58.54, which is 83% above median its 10-year median of 31.98 and 50.2% above the Transportation industry median of 38.99. Hafnia's overall GF Score™ is 87/100 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 Hafnia (FRA:RE0), the current Days Payable is 58.54 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 Hafnia (FRA:RE0) Overvalued in 2026?
Based on GuruFocus' analysis, Hafnia stock appears to be overvalued.
The current stock price of €5.91 is trading 30.5% above its estimated GF Value™ of €4.53.
GuruFocus considers Hafnia to be Modestly Overvalued.
Key valuation signals for FRA:RE0:
Days Payable: 58.54 (83% above median its 10-year median of 31.98)
GF Value™: €4.53 vs. price of €5.91 (30.5% above fair value)
Industry Position: 50.2% above the Transportation median (#282 of 964)
No single metric tells the full story. See the FRA:RE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hafnia Ltd is one of the tanker owners, transporting oil, oil products and chemicals for national and international oil companies, chemical companies, as well as trading and utility companies. As owners and operators of around 200 vessels, It offers a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk. Company manages it's business through the following reporting segments: LR2 tankers, LR1 tankers, MR tankers, Handy tankers.
87GF Score
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