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The historical rank and industry rank for Sincere Navigation's Days Payable or its related term are showing as below:
TPE:2605's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.695 * Ranked among companies with meaningful Days Payable only.
Sincere Navigation's Days Payable
stayed the same
from Dec. 2024 (0.00) to Dec. 2025 (0.00).
stayed the same
Sincere Navigation Days Payable Related Terms
Sincere Navigation Days Payable Historical Data
* Premium members only.
The historical data trend for Sincere Navigation'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.
Sincere Navigation Days Payable Competitor Comparison
For the Marine Shipping subindustry, Sincere Navigation'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.
Sincere Navigation Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Sincere Navigation's Days Payable distribution charts can be found below:
* The bar in red indicates where Sincere Navigation'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.
Sincere Navigation'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.
Sincere Navigation (TPE:2605) has a Days Payable of 0.00 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 Sincere Navigation and its competitors. According to the industry distribution chart, Sincere Navigation ranks #999999 out of 968 companies in the Transportation industry.
Is Sincere Navigation's Days Payable too high?
Sincere Navigation's current Days Payable is 0.00. Based on the distribution chart, Sincere Navigation ranks #999999 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Sincere Navigation has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Sincere Navigation ranks #999999 out of 968 companies for Days Payable. This places Sincere Navigation in the lower half of its industry. The industry median Days Payable is 38.70. 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 38.70, 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. 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 Sincere Navigation and its competitors. For the Transportation industry, the median Days Payable is 38.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Navigation's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.06, compared to a current price of NT$31.65 — trading 12.8% above its estimated fair value. The current Days Payable is 0.00. Sincere Navigation's overall GF Score™ is 84/100 with 7 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 Sincere Navigation (TPE:2605), the current Days Payable is 0.00 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 Sincere Navigation (TPE:2605) Overvalued in 2026?
Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued.
The current stock price of NT$31.65 is trading 12.8% above its estimated GF Value™ of NT$28.06.
GuruFocus considers Sincere Navigation to be Modestly Overvalued.
Key valuation signals for TPE:2605:
Days Payable: 0.00
GF Value™: NT$28.06 vs. price of NT$31.65 (12.8% above fair value)
No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
84GF Score
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