SMBMF (Seatrium) Days Payable: 193.28 (As of Dec. 2025) — Near Median


SMBMF Seatrium Ltd SMBMF
68 GF Score
Price $1.60
GF Value $2.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Seatrium Days Payable?

Seatrium SMBMF 68 Days Payable is 193.28 as of Dec. 2025, which is 7% above its 10-year median of 180.27. GuruFocus rates SMBMF with a GF Score™ of 68/100 and a GF Value™ of $2.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 849 Oil & Gas companies, Seatrium ranks better than 83.86% on this metric.

Seatrium's average Accounts Payable for the six months ended in Dec. 2025 was $4,638 Mil. Seatrium's Cost of Goods Sold for the six months ended in Dec. 2025 was $4,379 Mil. Hence, Seatrium's Days Payable for the six months ended in Dec. 2025 was 193.28.

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

SMBMF' s Days Payable Range Over the Past 10 Years
Min: 113.64   Med: 180.27   Max: 240.08
Current: 189.25

During the past 13 years, Seatrium's highest Days Payable was 240.08. The lowest was 113.64. And the median was 180.27.

SMBMF's Days Payable is ranked better than
83.86% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs SMBMF: 189.25

Seatrium's Days Payable increased from Dec. 2024 (167.51) to Dec. 2025 (193.28). It may suggest that Seatrium delayed paying its suppliers.


Seatrium Days Payable Historical Data

* Premium members only.

The historical data trend for Seatrium'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.

Seatrium Days Payable Chart

Seatrium 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 150.84 211.82 121.37 176.18 181.99

Seatrium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 156.74 206.91 167.51 185.14 193.28

SMBMF vs SLB, BKR, HAL: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Seatrium'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.


Seatrium Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Seatrium's Days Payable distribution charts can be found below:

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


SMBMF
68GF Score
Seatrium Ltd SMBMF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Seatrium 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.

Seatrium'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
=( (3399.516 + 4808.602) / 2 ) / 8231.252*365
=4104.059 / 8231.252*365
=181.99

Seatrium'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
=( (4466.437 + 4808.602) / 2 ) / 4378.979*365 / 2
=4637.5195 / 4378.979*365 / 2
=193.28

* 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 193.28 mean?
Seatrium (SMBMF) has a Days Payable of 193.28 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 Seatrium and its competitors. This is near median its historical median of 180.27. Over the past decade, Seatrium's Days Payable has ranged from 113.64 to 240.08. According to the industry distribution chart, Seatrium ranks #137 out of 849 companies in the Oil & Gas industry, placing it in the top 16.1%.
Is Seatrium's Days Payable too high?
Seatrium's current Days Payable of 193.28 is near median its 10-year median of 180.27. Over the past 10 years, this metric has ranged from a low of 113.64 to a high of 240.08. The Oil & Gas industry median Days Payable is 57.95. Seatrium's value of 193.28 is 233.5% above this industry median. Based on the distribution chart, Seatrium ranks #137 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Seatrium has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Seatrium's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Seatrium ranks #137 out of 849 companies for Days Payable. This places Seatrium in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Seatrium's value of 193.28 is 233.5% above this benchmark. Historically, Seatrium's own Days Payable has ranged from 113.64 to 240.08 over the past decade. While the company's 10-year median is 180.27 vs. the industry median of 57.95, Seatrium 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 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. Seatrium's current Days Payable of 193.28 is 233.5% 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 Seatrium and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seatrium's current Days Payable is 193.28, which is near median its own 10-year median of 180.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seatrium stock overvalued right now?
Based on GuruFocus' analysis, Seatrium (SMBMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.06, compared to a current price of $1.60 — trading 22.3% below its estimated fair value. The current Days Payable is 193.28, which is near median its 10-year median of 180.27 and 233.5% above the Oil & Gas industry median of 57.95. Seatrium's overall GF Score™ is 68/100 with 2 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 Seatrium (SMBMF), the current Days Payable is 193.28 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.

Is Seatrium (SMBMF) Overvalued in 2026?

Based on GuruFocus' analysis, Seatrium stock appears to be undervalued. The current stock price of $1.60 is trading 22.3% below its estimated GF Value™ of $2.06. GuruFocus considers Seatrium to be Modestly Undervalued.

Key valuation signals for SMBMF:

  • Days Payable: 193.28 (near median its 10-year median of 180.27)
  • GF Value™: $2.06 vs. price of $1.60 (22.3% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 233.5% above the Oil & Gas median (#137 of 849)

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


Seatrium Business Description

Industry EnergyOil & Gas
Address 80 Tuas South Boulevard, Singapore, SGP, 637051
Singapore-based Seatrium was established in 2023 following the merger of Sembcorp Marine and Keppel O&M, leveraging over six decades of operating history from its predecessor companies. The company specializes in ship repairs and building, ship conversion, rig construction, and offshore engineering and construction. Seatrium operates a global network of facilities, and its Singapore operations include one of the world's largest integrated shipyards, the Tuas Boulevard Yard.
68GF Score

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

$1.60
Price
$2.06
GF Value