Essar ShippingNSE:ESSARSHPNG -0.72%34 Days Payable is 1,455.77 as of Mar. 2026, which is 778% above its 10-year median of 165.74. GuruFocus rates NSE:ESSARSHPNG with a GF Score™ of 34/100 and a GF Value™ of ₹1.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 964 Transportation companies, Essar Shipping ranks better than 99.27% on this metric.
The historical rank and industry rank for Essar Shipping's Days Payable or its related term are showing as below:
NSE:ESSARSHPNG'
s Days Payable Range Over the Past 10 Years
Min: 90.1 Med: 165.74 Max: 1565.4
Current: 1311
During the past 13 years, Essar Shipping's highest Days Payable was 1565.40. The lowest was 90.10. And the median was 165.74.
NSE:ESSARSHPNG's Days Payable is ranked better than 99.27% of 964
companies
in the Transportation industry
Industry Median: 39.01
vs NSE:ESSARSHPNG: 1311.00
Essar Shipping's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (1,455.77).
It may suggest that Essar Shippingdelayed paying its suppliers.
Essar Shipping Days Payable Related Terms
Essar Shipping Days Payable Historical Data
* Premium members only.
The historical data trend for Essar 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.
For the Marine Shipping subindustry, Essar 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.
Essar Shipping Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Essar Shipping's Days Payable distribution charts can be found below:
* The bar in red indicates where Essar Shipping'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.
Essar Shipping's Days Payable for the fiscal year that ended in Mar. 2026 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.
Essar Shipping (NSE:ESSARSHPNG) has a Days Payable of 1,455.77 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 Essar Shipping and its competitors. This is 778% above median its historical median of 165.74. Over the past decade, Essar Shipping's Days Payable has ranged from 90.10 to 1,565.40. According to the industry distribution chart, Essar Shipping ranks #7 out of 964 companies in the Transportation industry, placing it in the top 0.7%.
Is Essar Shipping's Days Payable too high?
Essar Shipping's current Days Payable of 1,455.77 is 778% above median its 10-year median of 165.74. Over the past 10 years, this metric has ranged from a low of 90.10 to a high of 1,565.40. The Transportation industry median Days Payable is 39.01. Essar Shipping's value of 1,455.77 is 3631.8% above this industry median. Based on the distribution chart, Essar Shipping ranks #7 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Essar Shipping has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Essar Shipping's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Essar Shipping ranks #7 out of 964 companies for Days Payable. This places Essar Shipping in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 39.01. Essar Shipping's value of 1,455.77 is 3631.8% above this benchmark. Historically, Essar Shipping's own Days Payable has ranged from 90.10 to 1,565.40 over the past decade. While the company's 10-year median is 165.74 vs. the industry median of 39.01, Essar Shipping 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 39.01, 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. Essar Shipping's current Days Payable of 1,455.77 is 3631.8% 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 Essar Shipping and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essar Shipping's current Days Payable is 1,455.77, which is 778% above median its own 10-year median of 165.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essar Shipping stock overvalued right now?
Based on GuruFocus' analysis, Essar Shipping (NSE:ESSARSHPNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.07, compared to a current price of ₹23.48 — trading 2094.4% above its estimated fair value. The current Days Payable is 1,455.77, which is 778% above median its 10-year median of 165.74 and 3631.8% above the Transportation industry median of 39.01. Essar Shipping's overall GF Score™ is 34/100 with 7 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 Essar Shipping (NSE:ESSARSHPNG), the current Days Payable is 1,455.77 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 Essar Shipping (NSE:ESSARSHPNG) Overvalued in 2026?
Based on GuruFocus' analysis, Essar Shipping stock appears to be overvalued.
The current stock price of ₹23.48 is trading 2094.4% above its estimated GF Value™ of ₹1.07.
GuruFocus considers Essar Shipping to be Significantly Overvalued.
Key valuation signals for NSE:ESSARSHPNG:
Days Payable: 1,455.77 (778% above median its 10-year median of 165.74)
GF Value™: ₹1.07 vs. price of ₹23.48 (2094.4% above fair value)
Industry Position: 3631.8% above the Transportation median (#7 of 964)
No single metric tells the full story. See the NSE:ESSARSHPNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure, steel, and Services. The company operates in Fleet operations and chartering, oilfield services, and logistics services. The company generates maximum revenue from a single operating segment, namely the Shipping segment.
34GF Score
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