MPC Container Ships ASA (HAM:MP2) Days Payable: 18.83 (As of Mar. 2026) — 44% Below Median


HAM:MP2 MPC Container Ships ASA HAM:MP2
71 GF Score
Price €2.14
GF Value €1.28
Valuation Significantly Overvalued
! 9 Warning Signs
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What is MPC Container Ships ASA Days Payable?

MPC Container Ships ASA HAM:MP2 -4.69% 71 Days Payable is 18.83 as of Mar. 2026, which is 44% below its 10-year median of 33.79. GuruFocus rates HAM:MP2 with a GF Score™ of 71/100 and a GF Value™ of €1.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 972 Transportation companies, MPC Container Ships ASA ranks worse than 79.73% on this metric.

MPC Container Ships ASA's average Accounts Payable for the three months ended in Mar. 2026 was €8.2 Mil. MPC Container Ships ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was €40.0 Mil. Hence, MPC Container Ships ASA's Days Payable for the three months ended in Mar. 2026 was 18.83.

The historical rank and industry rank for MPC Container Ships ASA's Days Payable or its related term are showing as below:

HAM:MP2' s Days Payable Range Over the Past 10 Years
Min: 18.63   Med: 33.79   Max: 138.98
Current: 20.55

During the past 9 years, MPC Container Ships ASA's highest Days Payable was 138.98. The lowest was 18.63. And the median was 33.79.

HAM:MP2's Days Payable is ranked worse than
79.73% of 972 companies
in the Transportation industry
Industry Median: 38.905 vs HAM:MP2: 20.55

MPC Container Ships ASA's Days Payable declined from Mar. 2025 (27.31) to Mar. 2026 (18.83). It may suggest that MPC Container Ships ASA accelerated paying its suppliers.


MPC Container Ships ASA Days Payable Historical Data

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The historical data trend for MPC Container Ships ASA'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.

MPC Container Ships ASA Days Payable Chart

MPC Container Ships ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 35.33 34.30 36.06 29.50 22.50

MPC Container Ships ASA 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 27.31 25.09 16.88 17.49 18.83

MPC Container Ships ASA Days Payable Competitor Comparison

For the Marine Shipping subindustry, MPC Container Ships ASA'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.


MPC Container Ships ASA Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, MPC Container Ships ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where MPC Container Ships ASA's Days Payable falls into.


HAM:MP2
71GF Score
MPC Container Ships ASA HAM:MP2
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MPC Container Ships ASA 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.

MPC Container Ships ASA'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
=( (12.064 + 9.485) / 2 ) / 174.782*365
=10.7745 / 174.782*365
=22.50

MPC Container Ships ASA'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
=( (9.485 + 7.01) / 2 ) / 39.974*365 / 4
=8.2475 / 39.974*365 / 4
=18.83

* 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 18.83 mean?
MPC Container Ships ASA (HAM:MP2) has a Days Payable of 18.83 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 MPC Container Ships ASA and its competitors. This is 44% below median its historical median of 33.79. Over the past decade, MPC Container Ships ASA's Days Payable has ranged from 18.63 to 138.98. According to the industry distribution chart, MPC Container Ships ASA ranks #775 out of 972 companies in the Transportation industry, placing it in the top 79.7%.
Is MPC Container Ships ASA's Days Payable too high?
MPC Container Ships ASA's current Days Payable of 18.83 is 44% below median its 10-year median of 33.79. Over the past 10 years, this metric has ranged from a low of 18.63 to a high of 138.98. The Transportation industry median Days Payable is 38.91. MPC Container Ships ASA's value of 18.83 is 51.6% below this industry median. Based on the distribution chart, MPC Container Ships ASA ranks #775 out of 972 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, MPC Container Ships ASA has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MPC Container Ships ASA's Days Payable compare to competitors?
According to the Transportation industry distribution chart, MPC Container Ships ASA ranks #775 out of 972 companies for Days Payable. This places MPC Container Ships ASA in the lower half of its industry. The industry median Days Payable is 38.91. MPC Container Ships ASA's value of 18.83 is 51.6% below this benchmark. Historically, MPC Container Ships ASA's own Days Payable has ranged from 18.63 to 138.98 over the past decade. While the company's 10-year median is 33.79 vs. the industry median of 38.91, MPC Container Ships ASA 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 38.91, 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. MPC Container Ships ASA's current Days Payable of 18.83 is 51.6% 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 MPC Container Ships ASA 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. MPC Container Ships ASA's current Days Payable is 18.83, which is 44% below median its own 10-year median of 33.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPC Container Ships ASA stock overvalued right now?
Based on GuruFocus' analysis, MPC Container Ships ASA (HAM:MP2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.28, compared to a current price of €2.14 — trading 66.9% above its estimated fair value. The current Days Payable is 18.83, which is 44% below median its 10-year median of 33.79 and 51.6% below the Transportation industry median of 38.91. MPC Container Ships ASA's overall GF Score™ is 71/100 with 9 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 MPC Container Ships ASA (HAM:MP2), the current Days Payable is 18.83 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 MPC Container Ships ASA (HAM:MP2) Overvalued in 2026?

Based on GuruFocus' analysis, MPC Container Ships ASA stock appears to be overvalued. The current stock price of €2.14 is trading 66.9% above its estimated GF Value™ of €1.28. GuruFocus considers MPC Container Ships ASA to be Significantly Overvalued.

Key valuation signals for HAM:MP2:

  • Days Payable: 18.83 (44% below median its 10-year median of 33.79)
  • GF Value™: €1.28 vs. price of €2.14 (66.9% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 51.6% below the Transportation median (#775 of 972)

No single metric tells the full story. See the HAM:MP2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MPC Container Ships ASA Business Description

Address Ruselokkveien 34, Oslo, NOR, N-0251
MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. The group has one reporting segment, i.e., the container shipping segment.
71GF Score

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

€2.14
Price
€1.28
GF Value