FSLUF (First Ship Lease Trust) Days Payable: 0.00 (As of Dec. 2025)

What is First Ship Lease Trust Days Payable?

First Ship Lease Trust FSLUF Days Payable is 0.00 as of Dec. 2025. The stock has 2 warning signs investors should review. Among 943 Business Services companies, First Ship Lease Trust ranks worse than 106044.43% on this metric.

First Ship Lease Trust's average Accounts Payable for the six months ended in Dec. 2025 was $0.51 Mil. First Ship Lease Trust's Cost of Goods Sold for the six months ended in Dec. 2025 was $0.00 Mil.

The historical rank and industry rank for First Ship Lease Trust's Days Payable or its related term are showing as below:

During the past 13 years, First Ship Lease Trust's highest Days Payable was 7.01. The lowest was 1.76. And the median was 5.59.

FSLUF's Days Payable is not ranked ^*
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

First Ship Lease Trust's Days Payable stayed the same from Dec. 2024 (0.00) to Dec. 2025 (0.00).

First Ship Lease Trust Days Payable Related Terms

First Ship Lease Trust Days Payable Historical Data

* Premium members only.

The historical data trend for First Ship Lease Trust'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.

First Ship Lease Trust Days Payable Chart

First Ship Lease Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Days Payable

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6.32

5.88

0.00

First Ship Lease Trust Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Days Payable	Get a 7-Day Free Trial															20,964.69	0.00	0.00	0.00	0.00

FSLUF vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, First Ship Lease Trust'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.

First Ship Lease Trust Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, First Ship Lease Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where First Ship Lease Trust's Days Payable falls into.

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First Ship Lease Trust 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.

First Ship Lease Trust's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

	Days Payable (A: Dec. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2024 )	+	Accounts Payable (A: Dec. 2025 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2025 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

First Ship Lease Trust's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

	Days Payable (Q: Dec. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2025 )	+	Accounts Payable (Q: Dec. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2025 )	*	Days in Period
=	( (0.509	+	0)	/	1 )	/	0	*	365 / 2
=	0.509					/	0	*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

First Ship Lease Trust (FSLUF) has a Days Payable of 0.00 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on First Ship Lease Trust and its competitors. Over the past decade, First Ship Lease Trust's Days Payable has ranged from 1.76 to 7.01. According to the industry distribution chart, First Ship Lease Trust ranks #999999 out of 943 companies in the Business Services industry.

Is First Ship Lease Trust's Days Payable too high?

First Ship Lease Trust's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 7.01. Based on the distribution chart, First Ship Lease Trust ranks #999999 out of 943 companies in the Business Services industry, which is in the bottom quartile relative to peers.

How does First Ship Lease Trust's Days Payable compare to URI and SUNB?

According to the Business Services industry distribution chart, First Ship Lease Trust ranks #999999 out of 943 companies for Days Payable. This places First Ship Lease Trust in the lower half of its industry. The industry median Days Payable is 46.92. Historically, First Ship Lease Trust's own Days Payable has ranged from 1.76 to 7.01 over the past decade. 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 Business Services company?

The median Days Payable among Business Services companies is 46.92, based on 943 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. 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 First Ship Lease Trust and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Ship Lease Trust's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Ship Lease Trust stock overvalued right now?

First Ship Lease Trust (FSLUF) has a current Days Payable of 0.00. The stock's GF Value™ is $0.02, compared to a current price of $0.04 — trading 100% above its estimated fair value. The current Days Payable is 0.00. 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 First Ship Lease Trust (FSLUF), the current Days Payable is 0.00 as of Dec. 2025. 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.

First Ship Lease Trust Business Description

Industry Industrials Business Services

Comparable Companies SGX:XZB SGX:5PO SGX:570 SGX:BQM URI SUNB AER UHAL XPAR:AYV R BSP:RENT3 TSX:EFN TSE:8439 HKSE:02588 GATX CAR WSC EQPT HRI SZSE:000415

Other Exchanges D8DU:Singapore

Address 7 Temasek Boulevard, No. 26-02 Suntec Tower One, Singapore, SGP, 038987

Website https://www.firstshipleasetrust.com

First Ship Lease Trust is engaged in the shipping business. The trust acts as a shipowner and provider of leasing services to the international shipping industry. The group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. The company has 6 vessels chartered to an international shipping company on fixed-rate period bareboat charters.