Pakistan National Shipping (KAR:PNSC) Days Payable: 21.44 (As of Mar. 2026) — 82% Above Median


KAR:PNSC Pakistan National Shipping Corp Ltd KAR:PNSC
80 GF Score
Price ₨649.37
GF Value ₨300.83
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Pakistan National Shipping Days Payable?

Pakistan National Shipping KAR:PNSC +3.50% 80 Days Payable is 21.44 as of Mar. 2026, which is 82% above its 10-year median of 11.81. GuruFocus rates KAR:PNSC with a GF Score™ of 80/100 and a GF Value™ of ₨300.83 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 964 Transportation companies, Pakistan National Shipping ranks worse than 74.27% on this metric.

Pakistan National Shipping's average Accounts Payable for the three months ended in Mar. 2026 was ₨2,277 Mil. Pakistan National Shipping's Cost of Goods Sold for the three months ended in Mar. 2026 was ₨9,694 Mil. Hence, Pakistan National Shipping's Days Payable for the three months ended in Mar. 2026 was 21.44.

The historical rank and industry rank for Pakistan National Shipping's Days Payable or its related term are showing as below:

KAR:PNSC' s Days Payable Range Over the Past 10 Years
Min: 6.21   Med: 11.81   Max: 63.06
Current: 23.3

During the past 13 years, Pakistan National Shipping's highest Days Payable was 63.06. The lowest was 6.21. And the median was 11.81.

KAR:PNSC's Days Payable is ranked worse than
74.27% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs KAR:PNSC: 23.30

Pakistan National Shipping's Days Payable declined from Mar. 2025 (42.59) to Mar. 2026 (21.44). It may suggest that Pakistan National Shipping accelerated paying its suppliers.


Pakistan National Shipping Days Payable Historical Data

* Premium members only.

The historical data trend for Pakistan National Shipping'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.

Pakistan National Shipping Days Payable Chart

Pakistan National Shipping Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 6.69 6.21 6.66 11.94

Pakistan National Shipping 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 42.59 26.15 18.88 19.36 21.44

KAR:PNSC vs KEX: Days Payable Comparison

For the Marine Shipping subindustry, Pakistan National Shipping'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.


Pakistan National Shipping Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Pakistan National Shipping's Days Payable distribution charts can be found below:

* The bar in red indicates where Pakistan National Shipping's Days Payable falls into.


KAR:PNSC
80GF Score
Pakistan National Shipping Corp Ltd KAR:PNSC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan National Shipping 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.

Pakistan National Shipping's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (524.527 + 1204.468) / 2 ) / 26421.702*365
=864.4975 / 26421.702*365
=11.94

Pakistan National Shipping'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
=( (1904.357 + 2650.498) / 2 ) / 9694.456*365 / 4
=2277.4275 / 9694.456*365 / 4
=21.44

* 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 21.44 mean?
Pakistan National Shipping (KAR:PNSC) has a Days Payable of 21.44 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 Pakistan National Shipping and its competitors. This is 82% above median its historical median of 11.81. Over the past decade, Pakistan National Shipping's Days Payable has ranged from 6.21 to 63.06. According to the industry distribution chart, Pakistan National Shipping ranks #716 out of 964 companies in the Transportation industry, placing it in the top 74.3%.
Is Pakistan National Shipping's Days Payable too high?
Pakistan National Shipping's current Days Payable of 21.44 is 82% above median its 10-year median of 11.81. Over the past 10 years, this metric has ranged from a low of 6.21 to a high of 63.06. The Transportation industry median Days Payable is 38.99. Pakistan National Shipping's value of 21.44 is 45% below this industry median. Based on the distribution chart, Pakistan National Shipping ranks #716 out of 964 companies in the Transportation industry, which is below the industry midpoint. Overall, Pakistan National Shipping has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's Days Payable compare to KEX?
According to the Transportation industry distribution chart, Pakistan National Shipping ranks #716 out of 964 companies for Days Payable. This places Pakistan National Shipping in the lower half of its industry. The industry median Days Payable is 38.99. Pakistan National Shipping's value of 21.44 is 45% below this benchmark. Historically, Pakistan National Shipping's own Days Payable has ranged from 6.21 to 63.06 over the past decade. While the company's 10-year median is 11.81 vs. the industry median of 38.99, Pakistan National Shipping 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 38.99, 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. Pakistan National Shipping's current Days Payable of 21.44 is 45% 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 Pakistan National Shipping 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. Pakistan National Shipping's current Days Payable is 21.44, which is 82% above median its own 10-year median of 11.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan National Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨300.83, compared to a current price of ₨649.37 — trading 115.9% above its estimated fair value. The current Days Payable is 21.44, which is 82% above median its 10-year median of 11.81 and 45% below the Transportation industry median of 38.99. Pakistan National Shipping's overall GF Score™ is 80/100 with 5 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 Pakistan National Shipping (KAR:PNSC), the current Days Payable is 21.44 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 Pakistan National Shipping (KAR:PNSC) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued. The current stock price of ₨649.37 is trading 115.9% above its estimated GF Value™ of ₨300.83. GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.

Key valuation signals for KAR:PNSC:

  • Days Payable: 21.44 (82% above median its 10-year median of 11.81)
  • GF Value™: ₨300.83 vs. price of ₨649.37 (115.9% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 45% below the Transportation median (#716 of 964)

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


Pakistan National Shipping Business Description

Address PNSC Building, Moulvi Tamizuddin Khan Road, P.O. BOX No. 5350, Karachi, SD, PAK, 74000
Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.
80GF Score

Get the complete analysis for KAR:PNSC

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

₨649.37
Price
₨300.83
GF Value