GRIN, SG9999019087

Creditor turnover falls 22.22 percent for Grindrod Shipping Holdings stock

Published on 10/05/2026 at 05:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Creditor turnover reaches 22.18 in 2026, down 22.22 percent year over year. For Grindrod Shipping Holdings stock this means 28.51 in 2025.

GRIN, SG9999019087, Illustration mit AI erstellt.

Grindrod Shipping Holdings (SG9999019087) is associated with a creditor-turnover figure of 22.18 for 2026, down 22.22 percent from 28.51 in 2025. Eulerpool identifies the figures as the company's annual creditor-turnover history.

Creditor turnover falls to 22.18

The 22.18 figure measures how quickly Grindrod Shipping Holdings pays suppliers, while the 28.51 comparison value belongs to 2025. The year-over-year change is therefore a quantified deterioration in this operating ratio, giving the stock a specific working-capital reference rather than a simple price signal.

Eulerpool describes the 2026 value as lower than the prior-year figure and links the comparison directly to Grindrod Shipping Holdings. The source also identifies the company by ticker GRIN and ISIN SG9999019087, connecting the ratio with the requested security.

A shipping company with more than 40 vessels

Grindrod Shipping Holdings is described as an international shipping and logistics company headquartered in Singapore, with origins in South Africa and a corporate shipping separation completed in 2018. Its business includes vessel ownership, vessel operations, aggregate services and ship-agency activities, according to Eulerpool.

The company operates more than 40 vessels across dry-bulk and other shipping categories. Its fleet and services cover coal, iron ore and other dry cargoes, while additional activities include bunkering, cargo handling, storage, freight inspection, customs processing and documentation.

GRIN combines shipping and logistics

The operating model gives Grindrod Shipping Holdings several revenue channels across vessel employment, chartering, cargo services and agency work. Its vessels serve customers in Africa, Europe, North America and the Asia-Pacific region, making the 22.18 creditor-turnover figure relevant to a business spread across multiple trade corridors.

GRIN is identified as a Nasdaq-listed company in the transportation sector and marine transportation industry. The 22.18 ratio for 2026 and its 22.22 percent decline from 2025 provide the clearest quantified operating comparison for the requested stock.

Operating ratio sets the reference

The company combines a fleet of more than 40 vessels with logistics and agency services across international markets. For investors tracking Grindrod Shipping Holdings stock, the 2026 creditor-turnover figure of 22.18 and its 2025 comparison of 28.51 frame the available operating discussion.