Safe BulkersSB -1.99%62 Days Payable is 0.03 as of Mar. 2026, which is 100% below its 10-year median of 23.60. GuruFocus rates SB with a GF Score™ of 62/100 and a GF Value™ of $890.66 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 972 Transportation companies, Safe Bulkers ranks worse than 71.71% on this metric.
The historical rank and industry rank for Safe Bulkers's Days Payable or its related term are showing as below:
SB'
s Days Payable Range Over the Past 10 Years
Min: 0.1 Med: 23.6 Max: 31.92
Current: 0.1
During the past 13 years, Safe Bulkers's highest Days Payable was 31.92. The lowest was 0.10. And the median was 23.60.
SB's Days Payable is ranked worse than 71.71% of 972
companies
in the Transportation industry
Industry Median: 38.845
vs SB: 0.10
Safe Bulkers's Days Payable
increased
from Mar. 2025 (0.02) to Mar. 2026 (0.03).
It may suggest that Safe Bulkersdelayed paying its suppliers.
Safe Bulkers Days Payable Related Terms
Safe Bulkers Days Payable Historical Data
* Premium members only.
The historical data trend for Safe Bulkers'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, Safe Bulkers'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.
Safe Bulkers Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Safe Bulkers's Days Payable distribution charts can be found below:
* The bar in red indicates where Safe Bulkers'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.
Safe Bulkers'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.
Safe Bulkers (SB) has a Days Payable of 0.03 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 Safe Bulkers and its competitors. This is 100% below median its historical median of 23.60. Over the past decade, Safe Bulkers' Days Payable has ranged from 0.10 to 31.92. According to the industry distribution chart, Safe Bulkers ranks #697 out of 972 companies in the Transportation industry, placing it in the top 71.7%.
Is Safe Bulkers' Days Payable too high?
Safe Bulkers' current Days Payable of 0.03 is 100% below median its 10-year median of 23.60. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 31.92. The Transportation industry median Days Payable is 38.85. Safe Bulkers' value of 0.03 is 99.9% below this industry median. Based on the distribution chart, Safe Bulkers ranks #697 out of 972 companies in the Transportation industry, which is below the industry midpoint. Overall, Safe Bulkers has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Safe Bulkers' Days Payable compare to ASC and PANL?
According to the Transportation industry distribution chart, Safe Bulkers ranks #697 out of 972 companies for Days Payable. This places Safe Bulkers in the lower half of its industry. The industry median Days Payable is 38.85. Safe Bulkers' value of 0.03 is 99.9% below this benchmark. Historically, Safe Bulkers' own Days Payable has ranged from 0.10 to 31.92 over the past decade. While the company's 10-year median is 23.60 vs. the industry median of 38.85, Safe Bulkers 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 Transportation company?
The median Days Payable among Transportation companies is 38.85, based on 972 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. Safe Bulkers's current Days Payable of 0.03 is 99.9% 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 Safe Bulkers and its competitors. For the Transportation industry, the median Days Payable is 38.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Bulkers's current Days Payable is 0.03, which is 100% below median its own 10-year median of 23.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Bulkers stock overvalued right now?
Based on GuruFocus' analysis, Safe Bulkers (SB) is currently considered Possible Value Trap. The stock's GF Value™ is $890.66, compared to a current price of $6.65 — trading 99.3% below its estimated fair value. The current Days Payable is 0.03, which is 100% below median its 10-year median of 23.60 and 99.9% below the Transportation industry median of 38.85. Safe Bulkers' overall GF Score™ is 62/100 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 Safe Bulkers (SB), the current Days Payable is 0.03 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 Safe Bulkers (SB) Overvalued in 2026?
Based on GuruFocus' analysis, Safe Bulkers stock appears to be undervalued.
The current stock price of $6.65 is trading 99.3% below its estimated GF Value™ of $890.66.
GuruFocus considers Safe Bulkers to be Possible Value Trap.
Key valuation signals for SB:
Days Payable: 0.03 (100% below median its 10-year median of 23.60)
GF Value™: $890.66 vs. price of $6.65 (99.3% below fair value)
Industry Position: 99.9% below the Transportation median (#697 of 972)
No single metric tells the full story. See the SB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain, and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services. The company generates almost all of its revenue from Time Charters.
62GF Score
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