Safe at Sea AB (XSAT:SAFE) Days Payable: 1,347.48 (As of Mar. 2026) — 980% Above Median

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XSAT:SAFE Safe at Sea AB XSAT:SAFE
43 GF Score
Price kr1.22
GF Value kr0.97
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Safe at Sea AB Days Payable?

Safe at Sea AB XSAT:SAFE -0.82% 43 Days Payable is 1,347.48 as of Mar. 2026, which is 980% above its 10-year median of 124.72. GuruFocus rates XSAT:SAFE with a GF Score™ of 43/100 and a GF Value™ of kr0.97 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 946 Business Services companies, Safe at Sea AB ranks better than 80.87% on this metric.

Safe at Sea AB's average Accounts Payable for the three months ended in Mar. 2026 was kr3.49 Mil. Safe at Sea AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr0.24 Mil. Hence, Safe at Sea AB's Days Payable for the three months ended in Mar. 2026 was 1,347.48.

The historical rank and industry rank for Safe at Sea AB's Days Payable or its related term are showing as below:

XSAT:SAFE' s Days Payable Range Over the Past 10 Years
Min: 50.97   Med: 124.72   Max: 196.18
Current: 130.23

During the past 13 years, Safe at Sea AB's highest Days Payable was 196.18. The lowest was 50.97. And the median was 124.72.

XSAT:SAFE's Days Payable is ranked better than
80.87% of 946 companies
in the Business Services industry
Industry Median: 45.785 vs XSAT:SAFE: 130.23

Safe at Sea AB's Days Payable increased from Mar. 2025 (335.85) to Mar. 2026 (1,347.48). It may suggest that Safe at Sea AB delayed paying its suppliers.


Safe at Sea AB Days Payable Historical Data

* Premium members only.

The historical data trend for Safe at Sea AB'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.

Safe at Sea AB Days Payable Chart

Safe at Sea AB 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 181.67 126.37 137.28 59.40 123.07

Safe at Sea AB 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 335.85 0.00 0.00 1,204.57 1,347.48

XSAT:SAFE vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Safe at Sea AB'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.


Safe at Sea AB Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Safe at Sea AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Safe at Sea AB's Days Payable falls into.


XSAT:SAFE
43GF Score
Safe at Sea AB XSAT:SAFE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Safe at Sea AB 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.

Safe at Sea AB'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
=( (2.742 + 3.485) / 2 ) / 9.234*365
=3.1135 / 9.234*365
=123.07

Safe at Sea AB'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
=( (3.485 + 0) / 1 ) / 0.236*365 / 4
=3.485 / 0.236*365 / 4
=1,347.48

* 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 1,347.48 mean?
Safe at Sea AB (XSAT:SAFE) has a Days Payable of 1,347.48 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 Safe at Sea AB and its competitors. This is 980% above median its historical median of 124.72. Over the past decade, Safe at Sea AB's Days Payable has ranged from 50.97 to 196.18. According to the industry distribution chart, Safe at Sea AB ranks #181 out of 946 companies in the Business Services industry, placing it in the top 19.1%.
Is Safe at Sea AB's Days Payable too high?
Safe at Sea AB's current Days Payable of 1,347.48 is 980% above median its 10-year median of 124.72. Over the past 10 years, this metric has ranged from a low of 50.97 to a high of 196.18. The Business Services industry median Days Payable is 45.79. Safe at Sea AB's value of 1,347.48 is 2843.1% above this industry median. Based on the distribution chart, Safe at Sea AB ranks #181 out of 946 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Safe at Sea AB has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe at Sea AB's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Safe at Sea AB ranks #181 out of 946 companies for Days Payable. This places Safe at Sea AB in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 45.79. Safe at Sea AB's value of 1,347.48 is 2843.1% above this benchmark. Historically, Safe at Sea AB's own Days Payable has ranged from 50.97 to 196.18 over the past decade. While the company's 10-year median is 124.72 vs. the industry median of 45.79, Safe at Sea AB has consistently been above 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 Business Services company?
The median Days Payable among Business Services companies is 45.79, based on 946 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. Safe at Sea AB's current Days Payable of 1,347.48 is 2843.1% above 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 Safe at Sea AB and its competitors. For the Business Services industry, the median Days Payable is 45.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe at Sea AB's current Days Payable is 1,347.48, which is 980% above median its own 10-year median of 124.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe at Sea AB stock overvalued right now?
Based on GuruFocus' analysis, Safe at Sea AB (XSAT:SAFE) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.97, compared to a current price of kr1.22 — trading 25.3% above its estimated fair value. The current Days Payable is 1,347.48, which is 980% above median its 10-year median of 124.72 and 2843.1% above the Business Services industry median of 45.79. Safe at Sea AB's overall GF Score™ is 43/100 with 3 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 Safe at Sea AB (XSAT:SAFE), the current Days Payable is 1,347.48 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 Safe at Sea AB (XSAT:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safe at Sea AB stock appears to be overvalued. The current stock price of kr1.22 is trading 25.3% above its estimated GF Value™ of kr0.97. GuruFocus considers Safe at Sea AB to be Modestly Overvalued.

Key valuation signals for XSAT:SAFE:

  • Days Payable: 1,347.48 (980% above median its 10-year median of 124.72)
  • GF Value™: kr0.97 vs. price of kr1.22 (25.3% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 2843.1% above the Business Services median (#181 of 946)

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


Safe at Sea AB Business Description

Address Importgatan 15F, Hisings Backa, SWE, 442 46
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.
43GF Score

Get the complete analysis for XSAT:SAFE

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

kr1.22
Price
kr0.97
GF Value