WSSTF (Western Bulk Chartering AS) Days Payable: 6.27 (As of Dec. 2025) — 40% Above Median


WSSTF Western Bulk Chartering AS WSSTF
55 GF Score
Price $2.20
GF Value $1.62
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Western Bulk Chartering AS Days Payable?

Western Bulk Chartering AS WSSTF +33.33% 55 Days Payable is 6.27 as of Dec. 2025, which is 40% above its 10-year median of 4.49. GuruFocus rates WSSTF with a GF Score™ of 55/100 and a GF Value™ of $1.62 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 972 Transportation companies, Western Bulk Chartering AS ranks worse than 96.3% on this metric.

Western Bulk Chartering AS's average Accounts Payable for the six months ended in Dec. 2025 was $18 Mil. Western Bulk Chartering AS's Cost of Goods Sold for the six months ended in Dec. 2025 was $523 Mil. Hence, Western Bulk Chartering AS's Days Payable for the six months ended in Dec. 2025 was 6.27.

The historical rank and industry rank for Western Bulk Chartering AS's Days Payable or its related term are showing as below:

WSSTF' s Days Payable Range Over the Past 10 Years
Min: 2.07   Med: 4.49   Max: 6.46
Current: 6.31

During the past 8 years, Western Bulk Chartering AS's highest Days Payable was 6.46. The lowest was 2.07. And the median was 4.49.

WSSTF's Days Payable is ranked worse than
96.3% of 972 companies
in the Transportation industry
Industry Median: 38.845 vs WSSTF: 6.31

Western Bulk Chartering AS's Days Payable increased from Dec. 2024 (5.17) to Dec. 2025 (6.27). It may suggest that Western Bulk Chartering AS delayed paying its suppliers.


Western Bulk Chartering AS Days Payable Historical Data

* Premium members only.

The historical data trend for Western Bulk Chartering AS'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.

Western Bulk Chartering AS Days Payable Chart

Western Bulk Chartering AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 2.10 2.69 4.60 4.18 5.81

Western Bulk Chartering AS Semi-Annual Data
Dec18 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 6.58 4.73 5.17 6.15 6.27

Western Bulk Chartering AS Days Payable Competitor Comparison

For the Marine Shipping subindustry, Western Bulk Chartering AS'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.


Western Bulk Chartering AS Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Western Bulk Chartering AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Western Bulk Chartering AS's Days Payable falls into.


WSSTF
55GF Score
Western Bulk Chartering AS WSSTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Bulk Chartering AS 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.

Western Bulk Chartering AS'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
=( (15.188 + 17.706) / 2 ) / 1033.147*365
=16.447 / 1033.147*365
=5.81

Western Bulk Chartering AS'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
=( (18.211 + 17.706) / 2 ) / 523.04*365 / 2
=17.9585 / 523.04*365 / 2
=6.27

* 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 6.27 mean?
Western Bulk Chartering AS (WSSTF) has a Days Payable of 6.27 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 Western Bulk Chartering AS and its competitors. This is 40% above median its historical median of 4.49. Over the past decade, Western Bulk Chartering AS's Days Payable has ranged from 2.07 to 6.46. According to the industry distribution chart, Western Bulk Chartering AS ranks #936 out of 972 companies in the Transportation industry, placing it in the top 96.3%.
Is Western Bulk Chartering AS's Days Payable too high?
Western Bulk Chartering AS's current Days Payable of 6.27 is 40% above median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 6.46. The Transportation industry median Days Payable is 38.85. Western Bulk Chartering AS's value of 6.27 is 83.9% below this industry median. Based on the distribution chart, Western Bulk Chartering AS ranks #936 out of 972 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Western Bulk Chartering AS has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Bulk Chartering AS's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Western Bulk Chartering AS ranks #936 out of 972 companies for Days Payable. This places Western Bulk Chartering AS in the lower half of its industry. The industry median Days Payable is 38.85. Western Bulk Chartering AS's value of 6.27 is 83.9% below this benchmark. Historically, Western Bulk Chartering AS's own Days Payable has ranged from 2.07 to 6.46 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 38.85, Western Bulk Chartering AS 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 38.85, based on 972 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. Western Bulk Chartering AS's current Days Payable of 6.27 is 83.9% 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 Western Bulk Chartering AS and its competitors. For the Transportation industry, the median Days Payable is 38.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Bulk Chartering AS's current Days Payable is 6.27, which is 40% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Bulk Chartering AS stock overvalued right now?
Based on GuruFocus' analysis, Western Bulk Chartering AS (WSSTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.62, compared to a current price of $2.20 — trading 35.8% above its estimated fair value. The current Days Payable is 6.27, which is 40% above median its 10-year median of 4.49 and 83.9% below the Transportation industry median of 38.85. Western Bulk Chartering AS's overall GF Score™ is 55/100 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 Western Bulk Chartering AS (WSSTF), the current Days Payable is 6.27 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 Western Bulk Chartering AS (WSSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Western Bulk Chartering AS stock appears to be overvalued. The current stock price of $2.20 is trading 35.8% above its estimated GF Value™ of $1.62. GuruFocus considers Western Bulk Chartering AS to be Significantly Overvalued.

Key valuation signals for WSSTF:

  • Days Payable: 6.27 (40% above median its 10-year median of 4.49)
  • GF Value™: $1.62 vs. price of $2.20 (35.8% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 83.9% below the Transportation median (#936 of 972)

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


Western Bulk Chartering AS Business Description

Other Exchanges WEST:Norway7EJ:Germany
Address Henrik Ibsensgate 100, PO Box 2868, Solli, Oslo, NOR, 0230
Western Bulk Chartering AS is a transporter of dry bulk commodities. Its commodities include coal, minerals, steel products, cement, agriculture or grains, ferrous ores, and fertilizers, among others. It operates in dry bulk vessels in the Panamax to Handysize segment. Geographic diversification is the Far East, Europe, India, North America, Africa, South America, and the Middle East. The majority of revenue is from the Far East.
55GF Score

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

$2.20
Price
$1.62
GF Value