GSL (Global Ship Lease) Days Payable: 39.36 (As of Mar. 2026) — 131% Above Median


GSL Global Ship Lease Inc GSL
79 GF Score
Price $37.45
GF Value $25.53
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Global Ship Lease Days Payable?

Global Ship Lease GSL -1.68% 79 Days Payable is 39.36 as of Mar. 2026, which is 131% above its 10-year median of 17.02. GuruFocus rates GSL with a GF Score™ of 79/100 and a GF Value™ of $25.53 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 972 Transportation companies, Global Ship Lease ranks better than 51.85% on this metric.

Global Ship Lease's average Accounts Payable for the three months ended in Mar. 2026 was $39.6 Mil. Global Ship Lease's Cost of Goods Sold for the three months ended in Mar. 2026 was $91.8 Mil. Hence, Global Ship Lease's Days Payable for the three months ended in Mar. 2026 was 39.36.

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

GSL' s Days Payable Range Over the Past 10 Years
Min: 3.26   Med: 17.02   Max: 40.48
Current: 40.48

During the past 13 years, Global Ship Lease's highest Days Payable was 40.48. The lowest was 3.26. And the median was 17.02.

GSL's Days Payable is ranked better than
51.85% of 972 companies
in the Transportation industry
Industry Median: 38.905 vs GSL: 40.48

Global Ship Lease's Days Payable increased from Mar. 2025 (23.83) to Mar. 2026 (39.36). It may suggest that Global Ship Lease delayed paying its suppliers.


Global Ship Lease Days Payable Historical Data

* Premium members only.

The historical data trend for Global Ship Lease'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.

Global Ship Lease Days Payable Chart

Global Ship Lease Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.43 18.27 21.07 15.77 14.19

Global Ship Lease Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.83 41.62 44.86 28.26 39.36

GSL vs CCEC, SFL, GNK: Days Payable Comparison

For the Marine Shipping subindustry, Global Ship Lease'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.


Global Ship Lease Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Global Ship Lease's Days Payable distribution charts can be found below:

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


GSL
79GF Score
Global Ship Lease Inc GSL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Ship Lease 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.

Global Ship Lease'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
=( (12.3 + 15.349) / 2 ) / 355.521*365
=13.8245 / 355.521*365
=14.19

Global Ship Lease's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (15.349 + 63.848) / 2 ) / 91.814*365 / 4
=39.5985 / 91.814*365 / 4
=39.36

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 39.36 mean?
Global Ship Lease (GSL) has a Days Payable of 39.36 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 Global Ship Lease and its competitors. This is 131% above median its historical median of 17.02. Over the past decade, Global Ship Lease's Days Payable has ranged from 3.26 to 40.48. According to the industry distribution chart, Global Ship Lease ranks #468 out of 972 companies in the Transportation industry, placing it in the top 48.1%.
Is Global Ship Lease's Days Payable too high?
Global Ship Lease's current Days Payable of 39.36 is 131% above median its 10-year median of 17.02. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 40.48. The Transportation industry median Days Payable is 38.91. Global Ship Lease's value of 39.36 is 1.2% above this industry median. Based on the distribution chart, Global Ship Lease ranks #468 out of 972 companies in the Transportation industry, which is above the industry midpoint. Overall, Global Ship Lease has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Ship Lease's Days Payable compare to CCEC and SFL?
According to the Transportation industry distribution chart, Global Ship Lease ranks #468 out of 972 companies for Days Payable. This puts Global Ship Lease in the upper half of its industry. The industry median Days Payable is 38.91. Global Ship Lease's value of 39.36 is 1.2% above this benchmark. Historically, Global Ship Lease's own Days Payable has ranged from 3.26 to 40.48 over the past decade. While the company's 10-year median is 17.02 vs. the industry median of 38.91, Global Ship Lease 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 38.91, 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. Global Ship Lease's current Days Payable of 39.36 is 1.2% 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 Global Ship Lease 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. Global Ship Lease's current Days Payable is 39.36, which is 131% above median its own 10-year median of 17.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Ship Lease stock overvalued right now?
Based on GuruFocus' analysis, Global Ship Lease (GSL) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.53, compared to a current price of $37.45 — trading 46.7% above its estimated fair value. The current Days Payable is 39.36, which is 131% above median its 10-year median of 17.02 and 1.2% above the Transportation industry median of 38.91. Global Ship Lease's overall GF Score™ is 79/100 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 Global Ship Lease (GSL), the current Days Payable is 39.36 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 Global Ship Lease (GSL) Overvalued in 2026?

Based on GuruFocus' analysis, Global Ship Lease stock appears to be overvalued. The current stock price of $37.45 is trading 46.7% above its estimated GF Value™ of $25.53. GuruFocus considers Global Ship Lease to be Significantly Overvalued.

Key valuation signals for GSL:

  • Days Payable: 39.36 (131% above median its 10-year median of 17.02)
  • GF Value™: $25.53 vs. price of $37.45 (46.7% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 1.2% above the Transportation median (#468 of 972)

No single metric tells the full story. See the GSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Ship Lease Business Description

Other Exchanges GSLpB.PFD:USA37H:Germany
Address 9 Irodou Attikou Street, Kifisia, Athens, GRC, 14561
Global Ship Lease Inc is a containership owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. Its fleet comprises mid-size Post-Panamax, Cypress, and smaller containerships, which tend to serve the faster-growing non-Mainlane and intra-regional trades, collectively representing the majority of the containerized trade volume globally. The company generates revenue from chartering its vessels to liner companies.
79GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.45
Price
$25.53
GF Value