SeaMEX:SEN -3.33%84 Days Payable is 11.62 as of Mar. 2026, which is 1% below its 10-year median of 11.73. GuruFocus rates MEX:SEN with a GF Score™ of 84/100 and a GF Value™ of MXN2,370.57 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,102 Retail - Cyclical companies, Sea ranks worse than 90.11% on this metric.
Sea's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN9,073 Mil. Sea's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN71,264 Mil.
Hence, Sea's Days Payable for the
three
months ended in Mar. 2026 was 11.62.
The historical rank and industry rank for Sea's Days Payable or its related term are showing as below:
MEX:SEN'
s Days Payable Range Over the Past 10 Years
Min: 8.17 Med: 11.73 Max: 15.18
Current: 11.27
During the past 12 years, Sea's highest Days Payable was 15.18. The lowest was 8.17. And the median was 11.73.
MEX:SEN's Days Payable is ranked worse than 90.11% of 1102
companies
in the Retail - Cyclical industry
Industry Median: 51.215
vs MEX:SEN: 11.27
Sea's Days Payable
declined
from Mar. 2025 (11.87) to Mar. 2026 (11.62).
It may suggest that Seaaccelerated paying its suppliers.
Sea Days Payable Related Terms
Sea Days Payable Historical Data
* Premium members only.
The historical data trend for Sea'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.
MEX:SEN vs EBAY, DASH, JD: Days Payable Comparison
For the Internet Retail subindustry, Sea'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.
Sea Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sea's Days Payable distribution charts can be found below:
* The bar in red indicates where Sea'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.
Sea'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.
Sea (MEX:SEN) has a Days Payable of 11.62 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 Sea and its competitors. This is near median its historical median of 11.73. Over the past decade, Sea's Days Payable has ranged from 8.17 to 15.18. According to the industry distribution chart, Sea ranks #993 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 90.1%.
Is Sea's Days Payable too high?
Sea's current Days Payable of 11.62 is near median its 10-year median of 11.73. Over the past 10 years, this metric has ranged from a low of 8.17 to a high of 15.18. The Retail - Cyclical industry median Days Payable is 51.22. Sea's value of 11.62 is 77.3% below this industry median. Based on the distribution chart, Sea ranks #993 out of 1102 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Sea has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea's Days Payable compare to EBAY and DASH?
According to the Retail - Cyclical industry distribution chart, Sea ranks #993 out of 1102 companies for Days Payable. This places Sea in the lower half of its industry. The industry median Days Payable is 51.22. Sea's value of 11.62 is 77.3% below this benchmark. Historically, Sea's own Days Payable has ranged from 8.17 to 15.18 over the past decade. While the company's 10-year median is 11.73 vs. the industry median of 51.22, Sea 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.22, based on 1,102 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. Sea's current Days Payable of 11.62 is 77.3% 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 Sea and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sea's current Days Payable is 11.62, which is near median its own 10-year median of 11.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea stock overvalued right now?
Based on GuruFocus' analysis, Sea (MEX:SEN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN2,370.57, compared to a current price of MXN1,584.00 — trading 33.2% below its estimated fair value. The current Days Payable is 11.62, which is near median its 10-year median of 11.73 and 77.3% below the Retail - Cyclical industry median of 51.22. Sea's overall GF Score™ is 84/100 with 2 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 Sea (MEX:SEN), the current Days Payable is 11.62 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 Sea (MEX:SEN) Overvalued in 2026?
Based on GuruFocus' analysis, Sea stock appears to be undervalued.
The current stock price of MXN1,584.00 is trading 33.2% below its estimated GF Value™ of MXN2,370.57.
GuruFocus considers Sea to be Significantly Undervalued.
Key valuation signals for MEX:SEN:
Days Payable: 11.62 (near median its 10-year median of 11.73)
GF Value™: MXN2,370.57 vs. price of MXN1,584.00 (33.2% below fair value)
Industry Position: 77.3% below the Retail - Cyclical median (#993 of 1102)
No single metric tells the full story. See the MEX:SEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hybrid consumer-to-consumer and business-to-consumer marketplace platform operating in Indonesia, Taiwan, Vietnam, Thailand, Malaysia, the Philippines, and Brazil. For Garena, Free Fire is the key revenue-generating game. Sea's third business, Monee, provides lending, payment, digital banking, and insurance services. As of March 2025, Forrest Li, the founder, chair, and CEO, owned 59.1% of the voting power. Tencent owned 18.5% of issued shares with no voting power.
84GF Score
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