Iceland Seafood International hf (OISE:ICESEA) Days Payable: 43.32 (As of Mar. 2026) — Near Median


OISE:ICESEA Iceland Seafood International hf OISE:ICESEA
50 GF Score
Price kr4.22
GF Value kr6.71
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Iceland Seafood International hf Days Payable?

Iceland Seafood International hf OISE:ICESEA +1.44% 50 Days Payable is 43.32 as of Mar. 2026, which is 3% below its 10-year median of 44.62. GuruFocus rates OISE:ICESEA with a GF Score™ of 50/100 and a GF Value™ of kr6.71 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,881 Consumer Packaged Goods companies, Iceland Seafood International hf ranks worse than 50.19% on this metric.

Iceland Seafood International hf's average Accounts Payable for the three months ended in Mar. 2026 was kr8,699 Mil. Iceland Seafood International hf's Cost of Goods Sold for the three months ended in Mar. 2026 was kr18,322 Mil. Hence, Iceland Seafood International hf's Days Payable for the three months ended in Mar. 2026 was 43.32.

The historical rank and industry rank for Iceland Seafood International hf's Days Payable or its related term are showing as below:

OISE:ICESEA' s Days Payable Range Over the Past 10 Years
Min: 34.22   Med: 44.62   Max: 56.46
Current: 43.88

During the past 13 years, Iceland Seafood International hf's highest Days Payable was 56.46. The lowest was 34.22. And the median was 44.62.

OISE:ICESEA's Days Payable is ranked worse than
50.19% of 1881 companies
in the Consumer Packaged Goods industry
Industry Median: 43.96 vs OISE:ICESEA: 43.88

Iceland Seafood International hf's Days Payable declined from Mar. 2025 (44.10) to Mar. 2026 (43.32). It may suggest that Iceland Seafood International hf accelerated paying its suppliers.


Iceland Seafood International hf Days Payable Related Terms


Iceland Seafood International hf Days Payable Historical Data

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The historical data trend for Iceland Seafood International hf'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.

Iceland Seafood International hf Days Payable Chart

Iceland Seafood International hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.42 56.46 52.42 44.83 45.26

Iceland Seafood International hf 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 44.10 44.52 42.70 40.31 43.32

OISE:ICESEA vs KHC, GIS, HRL: Days Payable Comparison

For the Packaged Foods subindustry, Iceland Seafood International hf'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.


Iceland Seafood International hf Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Iceland Seafood International hf's Days Payable distribution charts can be found below:

* The bar in red indicates where Iceland Seafood International hf's Days Payable falls into.


OISE:ICESEA
50GF Score
Iceland Seafood International hf OISE:ICESEA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Iceland Seafood International hf 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.

Iceland Seafood International hf'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
=( (5885.962 + 7841.886) / 2 ) / 55354.862*365
=6863.924 / 55354.862*365
=45.26

Iceland Seafood International hf'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
=( (7841.886 + 9555.287) / 2 ) / 18321.993*365 / 4
=8698.5865 / 18321.993*365 / 4
=43.32

* 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 43.32 mean?
Iceland Seafood International hf (OISE:ICESEA) has a Days Payable of 43.32 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 Iceland Seafood International hf and its competitors. This is near median its historical median of 44.62. Over the past decade, Iceland Seafood International hf's Days Payable has ranged from 34.22 to 56.46. According to the industry distribution chart, Iceland Seafood International hf ranks #944 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 50.2%.
Is Iceland Seafood International hf's Days Payable too high?
Iceland Seafood International hf's current Days Payable of 43.32 is near median its 10-year median of 44.62. Over the past 10 years, this metric has ranged from a low of 34.22 to a high of 56.46. The Consumer Packaged Goods industry median Days Payable is 43.96. Iceland Seafood International hf's value of 43.32 is 1.5% below this industry median. Based on the distribution chart, Iceland Seafood International hf ranks #944 out of 1881 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Iceland Seafood International hf has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iceland Seafood International hf's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Iceland Seafood International hf ranks #944 out of 1881 companies for Days Payable. This places Iceland Seafood International hf in the lower half of its industry. The industry median Days Payable is 43.96. Iceland Seafood International hf's value of 43.32 is 1.5% below this benchmark. Historically, Iceland Seafood International hf's own Days Payable has ranged from 34.22 to 56.46 over the past decade. While the company's 10-year median is 44.62 vs. the industry median of 43.96, Iceland Seafood International hf 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.96, based on 1,881 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. Iceland Seafood International hf's current Days Payable of 43.32 is 1.5% 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 Iceland Seafood International hf and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iceland Seafood International hf's current Days Payable is 43.32, which is near median its own 10-year median of 44.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iceland Seafood International hf stock overvalued right now?
Based on GuruFocus' analysis, Iceland Seafood International hf (OISE:ICESEA) is currently considered Significantly Undervalued. The stock's GF Value™ is kr6.71, compared to a current price of kr4.22 — trading 37.1% below its estimated fair value. The current Days Payable is 43.32, which is near median its 10-year median of 44.62 and 1.5% below the Consumer Packaged Goods industry median of 43.96. Iceland Seafood International hf's overall GF Score™ is 50/100 with 1 warning sign 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 Iceland Seafood International hf (OISE:ICESEA), the current Days Payable is 43.32 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 Iceland Seafood International hf (OISE:ICESEA) Overvalued in 2026?

Based on GuruFocus' analysis, Iceland Seafood International hf stock appears to be undervalued. The current stock price of kr4.22 is trading 37.1% below its estimated GF Value™ of kr6.71. GuruFocus considers Iceland Seafood International hf to be Significantly Undervalued.

Key valuation signals for OISE:ICESEA:

  • Days Payable: 43.32 (near median its 10-year median of 44.62)
  • GF Value™: kr6.71 vs. price of kr4.22 (37.1% below fair value)
  • GF Score™: 50/100 with 1 warning sign
  • Industry Position: 1.5% below the Consumer Packaged Goods median (#944 of 1881)

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


Iceland Seafood International hf Business Description

Address Kollunarklettsvegur 2, Reykjavik, ISL, 104
Iceland Seafood International hf is engaged in the sale, processing, and marketing of frozen, salted, and fresh seafood. The company's operating segment includes Value-added Southern Europe; Value added Northern Europe; Sales and Distribution and Other. It generates maximum revenue from the Value-added Southern Europe segment.
50GF Score

Get the complete analysis for OISE:ICESEA

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

kr4.22
Price
kr6.71
GF Value