The Shipping of India (NSE:SCI) Days Payable: 98.13 (As of Mar. 2026) — Near Median


NSE:SCI The Shipping Corp of India Ltd NSE:SCI
72 GF Score
Price ₹307.30
GF Value ₹229.13
Valuation Significantly Overvalued
! 6 Warning Signs
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What is The Shipping of India Days Payable?

The Shipping of India NSE:SCI -1.44% 72 Days Payable is 98.13 as of Mar. 2026, which is 9% below its 10-year median of 107.49. GuruFocus rates NSE:SCI with a GF Score™ of 72/100 and a GF Value™ of ₹229.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 964 Transportation companies, The Shipping of India ranks better than 76.24% on this metric.

The Shipping of India's average Accounts Payable for the three months ended in Mar. 2026 was ₹12,111 Mil. The Shipping of India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹11,262 Mil. Hence, The Shipping of India's Days Payable for the three months ended in Mar. 2026 was 98.13.

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

NSE:SCI' s Days Payable Range Over the Past 10 Years
Min: 79.34   Med: 107.49   Max: 129.85
Current: 79.34

During the past 13 years, The Shipping of India's highest Days Payable was 129.85. The lowest was 79.34. And the median was 107.49.

NSE:SCI's Days Payable is ranked better than
76.24% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs NSE:SCI: 79.34

The Shipping of India's Days Payable increased from Mar. 2025 (65.85) to Mar. 2026 (98.13). It may suggest that The Shipping of India delayed paying its suppliers.


The Shipping of India Days Payable Historical Data

* Premium members only.

The historical data trend for The Shipping of India'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.

The Shipping of India Days Payable Chart

The Shipping of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.67 103.01 114.72 84.57 83.40

The Shipping of India 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 65.85 69.12 73.47 68.16 98.13

The Shipping of India Days Payable Competitor Comparison

For the Marine Shipping subindustry, The Shipping of India'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.


The Shipping of India Days Payable vs Transportation Industry

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

* The bar in red indicates where The Shipping of India's Days Payable falls into.


NSE:SCI
72GF Score
The Shipping Corp of India Ltd NSE:SCI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Shipping of India 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.

The Shipping of India's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (8077.4 + 12110.8) / 2 ) / 44178.2*365
=10094.1 / 44178.2*365
=83.40

The Shipping of India'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
=( (0 + 12110.8) / 1 ) / 11262*365 / 4
=12110.8 / 11262*365 / 4
=98.13

* 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 98.13 mean?
The Shipping of India (NSE:SCI) has a Days Payable of 98.13 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 The Shipping of India and its competitors. This is near median its historical median of 107.49. Over the past decade, The Shipping of India's Days Payable has ranged from 79.34 to 129.85. According to the industry distribution chart, The Shipping of India ranks #229 out of 964 companies in the Transportation industry, placing it in the top 23.8%.
Is The Shipping of India's Days Payable too high?
The Shipping of India's current Days Payable of 98.13 is near median its 10-year median of 107.49. Over the past 10 years, this metric has ranged from a low of 79.34 to a high of 129.85. The Transportation industry median Days Payable is 38.99. The Shipping of India's value of 98.13 is 151.7% above this industry median. Based on the distribution chart, The Shipping of India ranks #229 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, The Shipping of India has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Shipping of India's Days Payable compare to competitors?
According to the Transportation industry distribution chart, The Shipping of India ranks #229 out of 964 companies for Days Payable. This places The Shipping of India in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.99. The Shipping of India's value of 98.13 is 151.7% above this benchmark. Historically, The Shipping of India's own Days Payable has ranged from 79.34 to 129.85 over the past decade. While the company's 10-year median is 107.49 vs. the industry median of 38.99, The Shipping of India 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 38.99, 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. The Shipping of India's current Days Payable of 98.13 is 151.7% 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 The Shipping of India 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. The Shipping of India's current Days Payable is 98.13, which is near median its own 10-year median of 107.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Shipping of India stock overvalued right now?
Based on GuruFocus' analysis, The Shipping of India (NSE:SCI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹229.13, compared to a current price of ₹307.30 — trading 34.1% above its estimated fair value. The current Days Payable is 98.13, which is near median its 10-year median of 107.49 and 151.7% above the Transportation industry median of 38.99. The Shipping of India's overall GF Score™ is 72/100 with 6 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 The Shipping of India (NSE:SCI), the current Days Payable is 98.13 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 The Shipping of India (NSE:SCI) Overvalued in 2026?

Based on GuruFocus' analysis, The Shipping of India stock appears to be overvalued. The current stock price of ₹307.30 is trading 34.1% above its estimated GF Value™ of ₹229.13. GuruFocus considers The Shipping of India to be Significantly Overvalued.

Key valuation signals for NSE:SCI:

  • Days Payable: 98.13 (near median its 10-year median of 107.49)
  • GF Value™: ₹229.13 vs. price of ₹307.30 (34.1% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 151.7% above the Transportation median (#229 of 964)

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


The Shipping of India Business Description

Other Exchanges 523598:India
Address 245, Madame Cama Road, Shipping House, Nariman Point, Mumbai, MH, IND, 400021
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger, and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the other segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.
72GF Score

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

₹307.30
Price
₹229.13
GF Value