SEMUF (Siem Industries) Days Payable: 84.74 (As of Jun. 2019)


SEMUF Siem Industries Inc SEMUF
12 GF Score
Price $70.00
View Full Analysis

What is Siem Industries Days Payable?

Siem Industries SEMUF 12 Days Payable is 84.74 as of Jun. 2019. GuruFocus rates SEMUF with a GF Score™ of 12/100.

Siem Industries's average Accounts Payable for the six months ended in Jun. 2019 was $116.8 Mil. Siem Industries's Cost of Goods Sold for the six months ended in Jun. 2019 was $251.6 Mil. Hence, Siem Industries's Days Payable for the six months ended in Jun. 2019 was 84.74.

The historical rank and industry rank for Siem Industries's Days Payable or its related term are showing as below:

SEMUF's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.8
* Ranked among companies with meaningful Days Payable only.

Siem Industries's Days Payable increased from Jun. 2018 (83.62) to Jun. 2019 (84.74). It may suggest that Siem Industries delayed paying its suppliers.

Siem Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Siem Industries'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.

Siem Industries Days Payable Chart

Siem Industries Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial 66.14 43.07 39.62 90.26 76.50

Siem Industries Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 148.81 153.89 83.62 239.17 84.74

SEMUF vs GNK, ASC, CPLP: Days Payable Comparison

For the Marine Shipping subindustry, Siem Industries'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.

Siem Industries Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Siem Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Siem Industries's Days Payable falls into.


SEMUF
12GF Score
Siem Industries Inc SEMUF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siem Industries 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.

Siem Industries's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (147.209 + 68.144) / 2 ) / 513.74*365
=107.6765 / 513.74*365
=76.50

Siem Industries's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable (Q: Jun. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (68.144 + 165.494) / 2 ) / 251.586*365 / 2
=116.819 / 251.586*365 / 2
=84.74

* 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 84.74 mean?
Siem Industries (SEMUF) has a Days Payable of 84.74 as of Jun. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Siem Industries and its competitors.
Is Siem Industries' Days Payable too high?
Siem Industries' current Days Payable is 84.74. The Transportation industry median Days Payable is 38.80. Siem Industries' value of 84.74 is 118.4% above this industry median. Overall, Siem Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Siem Industries' Days Payable compare to GNK and ASC?
Siem Industries' Days Payable of 84.74 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.80. Siem Industries' value of 84.74 is 118.4% above this benchmark. 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. Siem Industries's current Days Payable of 84.74 is 118.4% 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 Siem Industries 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. Siem Industries's current Days Payable is 84.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siem Industries stock overvalued right now?
Siem Industries (SEMUF) has a current Days Payable of 84.74. The current Days Payable is 84.74 and 118.4% above the Transportation industry median of 38.80. Siem Industries' overall GF Score™ is 12/100. 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 Siem Industries (SEMUF), the current Days Payable is 84.74 as of Jun. 2019. 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.

Siem Industries Business Description

Address 103 South Church Street, Harbour Place-5th Floor, George Town, Grand Cayman, CYM, KY1-1006
Siem Industries Inc is a diversified industrial holding company that operates through autonomous affiliates. The company hold interests in several industrial areas including the oil and gas services industry and renewable energy sector, ocean transportation of refrigerated cargoes and automobiles, industrial shipping lease financing and potash-mining. It has segregated its operations into Offshore Support Vessels, Reefer Vessels and Car Carriers, Potash production, RoRo vessels, Scientific Core-Drilling and Corporate and Other.
12GF Score

Get the complete analysis for SEMUF

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

$70.00
Price