Solstad Maritime ASA (OSL:SOMA) Days Payable: 71.28 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:SOMA Solstad Maritime ASA OSL:SOMA
15 GF Score
Price kr27.70
! 5 Warning Signs
View Full Analysis

What is Solstad Maritime ASA Days Payable?

Solstad Maritime ASA OSL:SOMA +2.59% 15 Days Payable is 71.28 as of Dec. 2025, which is 4% below its 10-year median of 74.43. GuruFocus rates OSL:SOMA with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 968 Transportation companies, Solstad Maritime ASA ranks better than 82.23% on this metric.

Solstad Maritime ASA's average Accounts Payable for the six months ended in Dec. 2025 was kr577 Mil. Solstad Maritime ASA's Cost of Goods Sold for the six months ended in Dec. 2025 was kr1,478 Mil. Hence, Solstad Maritime ASA's Days Payable for the six months ended in Dec. 2025 was 71.28.

The historical rank and industry rank for Solstad Maritime ASA's Days Payable or its related term are showing as below:

OSL:SOMA' s Days Payable Range Over the Past 10 Years
Min: 50.4   Med: 74.43   Max: 99.7
Current: 99.7

During the past 6 years, Solstad Maritime ASA's highest Days Payable was 99.70. The lowest was 50.40. And the median was 74.43.

OSL:SOMA's Days Payable is ranked better than
82.23% of 968 companies
in the Transportation industry
Industry Median: 38.8 vs OSL:SOMA: 99.70

Solstad Maritime ASA's Days Payable increased from Dec. 2024 (51.70) to Dec. 2025 (71.28). It may suggest that Solstad Maritime ASA delayed paying its suppliers.


Solstad Maritime ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Solstad Maritime ASA'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.

Solstad Maritime ASA Days Payable Chart

Solstad Maritime ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 50.40 89.17 74.43 72.01 99.58

Solstad Maritime ASA Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 167.31 51.70 208.65 71.28

Solstad Maritime ASA Days Payable Competitor Comparison

For the Marine Shipping subindustry, Solstad Maritime ASA'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.


Solstad Maritime ASA Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Solstad Maritime ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Solstad Maritime ASA's Days Payable falls into.


OSL:SOMA
15GF Score
Solstad Maritime ASA OSL:SOMA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solstad Maritime ASA 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.

Solstad Maritime ASA'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
=( (440.591 + 577.235) / 2 ) / 1865.299*365
=508.913 / 1865.299*365
=99.58

Solstad Maritime ASA's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0 + 577.235) / 1 ) / 1477.821*365 / 2
=577.235 / 1477.821*365 / 2
=71.28

* 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 71.28 mean?
Solstad Maritime ASA (OSL:SOMA) has a Days Payable of 71.28 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Solstad Maritime ASA and its competitors. This is near median its historical median of 74.43. Over the past decade, Solstad Maritime ASA's Days Payable has ranged from 50.40 to 99.70. According to the industry distribution chart, Solstad Maritime ASA ranks #172 out of 968 companies in the Transportation industry, placing it in the top 17.8%.
Is Solstad Maritime ASA's Days Payable too high?
Solstad Maritime ASA's current Days Payable of 71.28 is near median its 10-year median of 74.43. Over the past 10 years, this metric has ranged from a low of 50.40 to a high of 99.70. The Transportation industry median Days Payable is 38.80. Solstad Maritime ASA's value of 71.28 is 83.7% above this industry median. Based on the distribution chart, Solstad Maritime ASA ranks #172 out of 968 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Solstad Maritime ASA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Maritime ASA's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Solstad Maritime ASA ranks #172 out of 968 companies for Days Payable. This places Solstad Maritime ASA in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.80. Solstad Maritime ASA's value of 71.28 is 83.7% above this benchmark. Historically, Solstad Maritime ASA's own Days Payable has ranged from 50.40 to 99.70 over the past decade. While the company's 10-year median is 74.43 vs. the industry median of 38.80, Solstad Maritime ASA 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 38.80, based on 968 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. Solstad Maritime ASA's current Days Payable of 71.28 is 83.7% 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 Solstad Maritime ASA and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solstad Maritime ASA's current Days Payable is 71.28, which is near median its own 10-year median of 74.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Maritime ASA stock overvalued right now?
Solstad Maritime ASA (OSL:SOMA) has a current Days Payable of 71.28. The current Days Payable is 71.28, which is near median its 10-year median of 74.43 and 83.7% above the Transportation industry median of 38.80. Solstad Maritime ASA's overall GF Score™ is 15/100 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 Solstad Maritime ASA (OSL:SOMA), the current Days Payable is 71.28 as of Dec. 2025. 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.

Solstad Maritime ASA Business Description

Other Exchanges SOMAo:UKO6O:Germany
Address Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Maritime ASA operates offshore service and construction vessels, offering ships, additional services (ROVs, etc.), and maritime personnel across all geographical regions. Its operating business segments include AHTS, CSV, Services, and Others. The AHTS segment includes anchor handling tug supply vessels; the CSV segment represents operations of construction vessels performing subsea construction contracts; and the Services segment includes additional services provided across vessel spreads, i.e., ROVs, tooling, project personnel, and engineering support. All of the company's income is classified as Oil and Gas, which generates the majority of revenue, or Renewable. Geographically, it generates maximum revenue from the North Sea region.
15GF Score

Get the complete analysis for OSL:SOMA

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

kr27.70
Price