Euroseas (STU:2LE1) Days Payable: 20.31 (As of Mar. 2026) — 22% Below Median

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STU:2LE1 Euroseas Ltd STU:2LE1
65 GF Score
Price €59.80
GF Value €30.82
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Euroseas Days Payable?

Euroseas STU:2LE1 -2.45% 65 Days Payable is 20.31 as of Mar. 2026, which is 22% below its 10-year median of 26.11. GuruFocus rates STU:2LE1 with a GF Score™ of 65/100 and a GF Value™ of €30.82 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 968 Transportation companies, Euroseas ranks worse than 80.06% on this metric.

Euroseas's average Accounts Payable for the three months ended in Mar. 2026 was €3.5 Mil. Euroseas's Cost of Goods Sold for the three months ended in Mar. 2026 was €15.7 Mil. Hence, Euroseas's Days Payable for the three months ended in Mar. 2026 was 20.31.

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

STU:2LE1' s Days Payable Range Over the Past 10 Years
Min: 20.46   Med: 26.11   Max: 35.37
Current: 20.46

During the past 13 years, Euroseas's highest Days Payable was 35.37. The lowest was 20.46. And the median was 26.11.

STU:2LE1's Days Payable is ranked worse than
80.06% of 968 companies
in the Transportation industry
Industry Median: 38.8 vs STU:2LE1: 20.46

Euroseas's Days Payable declined from Mar. 2025 (22.30) to Mar. 2026 (20.31). It may suggest that Euroseas accelerated paying its suppliers.


Euroseas Days Payable Historical Data

* Premium members only.

The historical data trend for Euroseas'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.

Euroseas Days Payable Chart

Euroseas 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 23.90 20.85 29.04 24.00 22.66

Euroseas 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 22.30 20.14 19.55 21.95 20.31

STU:2LE1 vs PANL, CMDB, ASC: Days Payable Comparison

For the Marine Shipping subindustry, Euroseas'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.


Euroseas Days Payable vs Transportation Industry

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

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


STU:2LE1
65GF Score
Euroseas Ltd STU:2LE1
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euroseas 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.

Euroseas'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
=( (5.478 + 3.337) / 2 ) / 70.989*365
=4.4075 / 70.989*365
=22.66

Euroseas'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
=( (3.337 + 3.635) / 2 ) / 15.664*365 / 4
=3.486 / 15.664*365 / 4
=20.31

* 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 20.31 mean?
Euroseas (STU:2LE1) has a Days Payable of 20.31 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 Euroseas and its competitors. This is 22% below median its historical median of 26.11. Over the past decade, Euroseas' Days Payable has ranged from 20.46 to 35.37. According to the industry distribution chart, Euroseas ranks #775 out of 968 companies in the Transportation industry, placing it in the top 80.1%.
Is Euroseas' Days Payable too high?
Euroseas' current Days Payable of 20.31 is 22% below median its 10-year median of 26.11. Over the past 10 years, this metric has ranged from a low of 20.46 to a high of 35.37. The Transportation industry median Days Payable is 38.80. Euroseas' value of 20.31 is 47.7% below this industry median. Based on the distribution chart, Euroseas ranks #775 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Euroseas has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Euroseas' Days Payable compare to PANL and CMDB?
According to the Transportation industry distribution chart, Euroseas ranks #775 out of 968 companies for Days Payable. This places Euroseas in the lower half of its industry. The industry median Days Payable is 38.80. Euroseas' value of 20.31 is 47.7% below this benchmark. Historically, Euroseas' own Days Payable has ranged from 20.46 to 35.37 over the past decade. While the company's 10-year median is 26.11 vs. the industry median of 38.80, Euroseas 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 38.80, 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. Euroseas's current Days Payable of 20.31 is 47.7% 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 Euroseas 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. Euroseas's current Days Payable is 20.31, which is 22% below median its own 10-year median of 26.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euroseas stock overvalued right now?
Based on GuruFocus' analysis, Euroseas (STU:2LE1) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.82, compared to a current price of €59.80 — trading 94% above its estimated fair value. The current Days Payable is 20.31, which is 22% below median its 10-year median of 26.11 and 47.7% below the Transportation industry median of 38.80. Euroseas' overall GF Score™ is 65/100 with 10 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 Euroseas (STU:2LE1), the current Days Payable is 20.31 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 Euroseas (STU:2LE1) Overvalued in 2026?

Based on GuruFocus' analysis, Euroseas stock appears to be overvalued. The current stock price of €59.80 is trading 94% above its estimated GF Value™ of €30.82. GuruFocus considers Euroseas to be Significantly Overvalued.

Key valuation signals for STU:2LE1:

  • Days Payable: 20.31 (22% below median its 10-year median of 26.11)
  • GF Value™: €30.82 vs. price of €59.80 (94% above fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 47.7% below the Transportation median (#775 of 968)

No single metric tells the full story. See the STU:2LE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Euroseas Business Description

Other Exchanges ESEA:USAESEAN:Mexico
Address 4 Messogiou and Evropis Street, Maroussi, GRC, 15124
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes, providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.
65GF Score

Get the complete analysis for STU:2LE1

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

€59.80
Price
€30.82
GF Value