TORMTRMD -3.23%73 Days Payable is 28.34 as of Mar. 2026, which is 3% above its 10-year median of 27.58. GuruFocus rates TRMD with a GF Score™ of 73/100 and a GF Value™ of $20.83 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 854 Oil & Gas companies, TORM ranks worse than 78.92% on this metric.
TORM's average Accounts Payable for the
three
months ended in Mar. 2026 was $54 Mil. TORM's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $174 Mil.
Hence, TORM's Days Payable for the
three
months ended in Mar. 2026 was 28.34.
The historical rank and industry rank for TORM's Days Payable or its related term are showing as below:
TRMD'
s Days Payable Range Over the Past 10 Years
Min: 23.89 Med: 27.58 Max: 39.3
Current: 27.86
During the past 13 years, TORM's highest Days Payable was 39.30. The lowest was 23.89. And the median was 27.58.
TRMD's Days Payable is ranked worse than 78.92% of 854
companies
in the Oil & Gas industry
Industry Median: 57.145
vs TRMD: 27.86
TORM's Days Payable
declined
from Mar. 2025 (28.74) to Mar. 2026 (28.34).
It may suggest that TORMaccelerated paying its suppliers.
TORM Days Payable Related Terms
TORM Days Payable Historical Data
* Premium members only.
The historical data trend for TORM'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.
For the Oil & Gas Midstream subindustry, TORM'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.
TORM Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TORM's Days Payable distribution charts can be found below:
* The bar in red indicates where TORM'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.
TORM'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.
TORM (TRMD) has a Days Payable of 28.34 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 TORM and its competitors. This is near median its historical median of 27.58. Over the past decade, TORM's Days Payable has ranged from 23.89 to 39.30. According to the industry distribution chart, TORM ranks #674 out of 854 companies in the Oil & Gas industry, placing it in the top 78.9%.
Is TORM's Days Payable too high?
TORM's current Days Payable of 28.34 is near median its 10-year median of 27.58. Over the past 10 years, this metric has ranged from a low of 23.89 to a high of 39.30. The Oil & Gas industry median Days Payable is 57.15. TORM's value of 28.34 is 50.4% below this industry median. Based on the distribution chart, TORM ranks #674 out of 854 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TORM has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TORM's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, TORM ranks #674 out of 854 companies for Days Payable. This places TORM in the lower half of its industry. The industry median Days Payable is 57.15. TORM's value of 28.34 is 50.4% below this benchmark. Historically, TORM's own Days Payable has ranged from 23.89 to 39.30 over the past decade. While the company's 10-year median is 27.58 vs. the industry median of 57.15, TORM 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.15, based on 854 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. TORM's current Days Payable of 28.34 is 50.4% 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 TORM and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TORM's current Days Payable is 28.34, which is near median its own 10-year median of 27.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TORM stock overvalued right now?
Based on GuruFocus' analysis, TORM (TRMD) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.83, compared to a current price of $26.82 — trading 28.8% above its estimated fair value. The current Days Payable is 28.34, which is near median its 10-year median of 27.58 and 50.4% below the Oil & Gas industry median of 57.15. TORM's overall GF Score™ is 73/100 with 4 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 TORM (TRMD), the current Days Payable is 28.34 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 TORM (TRMD) Overvalued in 2026?
Based on GuruFocus' analysis, TORM stock appears to be overvalued.
The current stock price of $26.82 is trading 28.8% above its estimated GF Value™ of $20.83.
GuruFocus considers TORM to be Modestly Overvalued.
Key valuation signals for TRMD:
Days Payable: 28.34 (near median its 10-year median of 27.58)
GF Value™: $20.83 vs. price of $26.82 (28.8% above fair value)
Industry Position: 50.4% below the Oil & Gas median (#674 of 854)
No single metric tells the full story. See the TRMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TORM PLC operates as a shipping company mainly owning and operating a fleet of product tankers. It is engaged in the transportation of refined oil products and clean petroleum products, including gasoline, jet fuel, naphtha, and diesel oil. The Company operates through two segments: the Tanker segment and the Marine Engineering segment, deriving the majority of its revenue from the Tanker segment.
73GF Score
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