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Genco Shipping & TradingGNK -4.55%60 Days Payable is 17.50 as of Mar. 2026, which is 11% above its 10-year median of 15.81. GuruFocus rates GNK with a GF Score™ of 60/100 and a GF Value™ of $17.05 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 968 Transportation companies, Genco Shipping & Trading ranks worse than 79.24% 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.
For the Marine Shipping subindustry, Genco Shipping & Trading'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.
Genco Shipping & Trading Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Genco Shipping & Trading's Days Payable distribution charts can be found below:
* The bar in red indicates where Genco Shipping & Trading'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.
Genco Shipping & Trading'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.
Genco Shipping & Trading (GNK) has a Days Payable of 17.50 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 Genco Shipping & Trading and its competitors. This is 11% above median its historical median of 15.81. Over the past decade, Genco Shipping & Trading's Days Payable has ranged from 12.09 to 22.27. According to the industry distribution chart, Genco Shipping & Trading ranks #767 out of 968 companies in the Transportation industry, placing it in the top 79.2%.
Is Genco Shipping & Trading's Days Payable too high?
Genco Shipping & Trading's current Days Payable of 17.50 is 11% above median its 10-year median of 15.81. Over the past 10 years, this metric has ranged from a low of 12.09 to a high of 22.27. The Transportation industry median Days Payable is 38.62. Genco Shipping & Trading's value of 17.50 is 54.7% below this industry median. Based on the distribution chart, Genco Shipping & Trading ranks #767 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Genco Shipping & Trading has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genco Shipping & Trading's Days Payable compare to CCEC and GSL?
According to the Transportation industry distribution chart, Genco Shipping & Trading ranks #767 out of 968 companies for Days Payable. This places Genco Shipping & Trading in the lower half of its industry. The industry median Days Payable is 38.62. Genco Shipping & Trading's value of 17.50 is 54.7% below this benchmark. Historically, Genco Shipping & Trading's own Days Payable has ranged from 12.09 to 22.27 over the past decade. While the company's 10-year median is 15.81 vs. the industry median of 38.62, Genco Shipping & Trading 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 38.62, based on 968 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. Genco Shipping & Trading's current Days Payable of 17.50 is 54.7% 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 Genco Shipping & Trading and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genco Shipping & Trading's current Days Payable is 17.50, which is 11% above median its own 10-year median of 15.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genco Shipping & Trading stock overvalued right now?
Based on GuruFocus' analysis, Genco Shipping & Trading (GNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.05, compared to a current price of $24.12 — trading 41.5% above its estimated fair value. The current Days Payable is 17.50, which is 11% above median its 10-year median of 15.81 and 54.7% below the Transportation industry median of 38.62. Genco Shipping & Trading's overall GF Score™ is 60/100 with 13 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 Genco Shipping & Trading (GNK), the current Days Payable is 17.50 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 Genco Shipping & Trading (GNK) Overvalued in 2026?
Based on GuruFocus' analysis, Genco Shipping & Trading stock appears to be overvalued.
The current stock price of $24.12 is trading 41.5% above its estimated GF Value™ of $17.05.
GuruFocus considers Genco Shipping & Trading to be Significantly Overvalued.
Key valuation signals for GNK:
Days Payable: 17.50 (11% above median its 10-year median of 15.81)
GF Value™: $17.05 vs. price of $24.12 (41.5% above fair value)
Industry Position: 54.7% below the Transportation median (#767 of 968)
No single metric tells the full story. See the GNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, with two reportable segment: Major and Minor bulk fleet. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters. oyage revenues also include the sale of bunkers consumed during short-term time charters pursuant to the terms of the time charter agreement.
60GF Score
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