* 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.
U-Ming Marine Transport Days Payable Competitor Comparison
For the Marine Shipping subindustry, U-Ming Marine Transport'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.
U-Ming Marine Transport Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, U-Ming Marine Transport's Days Payable distribution charts can be found below:
* The bar in red indicates where U-Ming Marine Transport'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.
U-Ming Marine Transport'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.
U-Ming Marine Transport (TPE:2606) has a Days Payable of 5.18 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 U-Ming Marine Transport and its competitors. This is 35% below median its historical median of 7.91. Over the past decade, U-Ming Marine Transport's Days Payable has ranged from 4.40 to 8.57. According to the industry distribution chart, U-Ming Marine Transport ranks #921 out of 967 companies in the Transportation industry, placing it in the top 95.2%.
Is U-Ming Marine Transport's Days Payable too high?
U-Ming Marine Transport's current Days Payable of 5.18 is 35% below median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 8.57. The Transportation industry median Days Payable is 39.16. U-Ming Marine Transport's value of 5.18 is 86.8% below this industry median. Based on the distribution chart, U-Ming Marine Transport ranks #921 out of 967 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, U-Ming Marine Transport has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does U-Ming Marine Transport's Days Payable compare to competitors?
According to the Transportation industry distribution chart, U-Ming Marine Transport ranks #921 out of 967 companies for Days Payable. This places U-Ming Marine Transport in the lower half of its industry. The industry median Days Payable is 39.16. U-Ming Marine Transport's value of 5.18 is 86.8% below this benchmark. Historically, U-Ming Marine Transport's own Days Payable has ranged from 4.40 to 8.57 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 39.16, U-Ming Marine Transport 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 39.16, based on 967 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. U-Ming Marine Transport's current Days Payable of 5.18 is 86.8% 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 U-Ming Marine Transport and its competitors. For the Transportation industry, the median Days Payable is 39.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. U-Ming Marine Transport's current Days Payable is 5.18, which is 35% below median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, U-Ming Marine Transport (TPE:2606) is currently considered Fairly Valued. The stock's GF Value™ is NT$59.45, compared to a current price of NT$63.00 — trading 6% above its estimated fair value. The current Days Payable is 5.18, which is 35% below median its 10-year median of 7.91 and 86.8% below the Transportation industry median of 39.16. U-Ming Marine Transport's overall GF Score™ is 89/100 with 8 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 U-Ming Marine Transport (TPE:2606), the current Days Payable is 5.18 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 U-Ming Marine Transport (TPE:2606) Overvalued in 2026?
Based on GuruFocus' analysis, U-Ming Marine Transport stock appears to be overvalued.
The current stock price of NT$63.00 is trading 6% above its estimated GF Value™ of NT$59.45.
GuruFocus considers U-Ming Marine Transport to be Fairly Valued.
Key valuation signals for TPE:2606:
Days Payable: 5.18 (35% below median its 10-year median of 7.91)
GF Value™: NT$59.45 vs. price of NT$63.00 (6% above fair value)
Industry Position: 86.8% below the Transportation median (#921 of 967)
No single metric tells the full story. See the TPE:2606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.
89GF Score
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