Seanergy Maritime HoldingsFRA:RHS -3.17%74 Days Payable is 50.18 as of Mar. 2026, which is 20% above its 10-year median of 41.72. GuruFocus rates FRA:RHS with a GF Score™ of 74/100 and a GF Value™ of €9.46 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 964 Transportation companies, Seanergy Maritime Holdings ranks better than 51.24% on this metric.
* 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.
FRA:RHS vs GASS, DSX, SMHI: Days Payable Comparison
For the Marine Shipping subindustry, Seanergy Maritime Holdings'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.
Seanergy Maritime Holdings Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Seanergy Maritime Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Seanergy Maritime Holdings's Days Payable falls into.
Seanergy Maritime Holdings 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.
* 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.
Seanergy Maritime Holdings (FRA:RHS) has a Days Payable of 50.18 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 Seanergy Maritime Holdings and its competitors. This is 20% above median its historical median of 41.72. Over the past decade, Seanergy Maritime Holdings' Days Payable has ranged from 24.70 to 83.62. According to the industry distribution chart, Seanergy Maritime Holdings ranks #470 out of 964 companies in the Transportation industry, placing it in the top 48.8%.
Is Seanergy Maritime Holdings' Days Payable too high?
Seanergy Maritime Holdings' current Days Payable of 50.18 is 20% above median its 10-year median of 41.72. Over the past 10 years, this metric has ranged from a low of 24.70 to a high of 83.62. The Transportation industry median Days Payable is 38.99. Seanergy Maritime Holdings' value of 50.18 is 28.7% above this industry median. Based on the distribution chart, Seanergy Maritime Holdings ranks #470 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, Seanergy Maritime Holdings has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seanergy Maritime Holdings' Days Payable compare to GASS and DSX?
According to the Transportation industry distribution chart, Seanergy Maritime Holdings ranks #470 out of 964 companies for Days Payable. This puts Seanergy Maritime Holdings in the upper half of its industry. The industry median Days Payable is 38.99. Seanergy Maritime Holdings' value of 50.18 is 28.7% above this benchmark. Historically, Seanergy Maritime Holdings' own Days Payable has ranged from 24.70 to 83.62 over the past decade. While the company's 10-year median is 41.72 vs. the industry median of 38.99, Seanergy Maritime Holdings 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. Seanergy Maritime Holdings's current Days Payable of 50.18 is 28.7% 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 Seanergy Maritime Holdings 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. Seanergy Maritime Holdings's current Days Payable is 50.18, which is 20% above median its own 10-year median of 41.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seanergy Maritime Holdings stock overvalued right now?
Based on GuruFocus' analysis, Seanergy Maritime Holdings (FRA:RHS) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.46, compared to a current price of €12.20 — trading 29% above its estimated fair value. The current Days Payable is 50.18, which is 20% above median its 10-year median of 41.72 and 28.7% above the Transportation industry median of 38.99. Seanergy Maritime Holdings' overall GF Score™ is 74/100 with 6 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 Seanergy Maritime Holdings (FRA:RHS), the current Days Payable is 50.18 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 Seanergy Maritime Holdings (FRA:RHS) Overvalued in 2026?
Based on GuruFocus' analysis, Seanergy Maritime Holdings stock appears to be overvalued.
The current stock price of €12.20 is trading 29% above its estimated GF Value™ of €9.46.
GuruFocus considers Seanergy Maritime Holdings to be Modestly Overvalued.
Key valuation signals for FRA:RHS:
Days Payable: 50.18 (20% above median its 10-year median of 41.72)
GF Value™: €9.46 vs. price of €12.20 (29% above fair value)
Industry Position: 28.7% above the Transportation median (#470 of 964)
No single metric tells the full story. See the FRA:RHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seanergy Maritime Holdings Corp is an international shipping company that provides marine dry bulk transportation services through a modern fleet of Capesize vessels. It generates a majority of its revenue from the vessels. The company's fleet of vessels includes Blueship, Meiship, Kaizenship, Iconship, Titanship, Flagship, Paroship, Worldship, Hellasship, Partnership, Championship, Patriotship, Dukeship, Honorship, Fellowship, Knightship, Lordship, Premiership, Squireship, and Friendship.
74GF Score
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