First Graphene (ASX:FGR) Days Payable: 183.67 (As of Dec. 2025) — 64% Below Median


What is First Graphene Days Payable?

First Graphene ASX:FGR +14.55% Days Payable is 183.67 as of Dec. 2025, which is 64% below its 10-year median of 510.67. The stock has 4 warning signs investors should review. Among 1,556 Chemicals companies, First Graphene ranks better than 95.57% on this metric.

First Graphene's average Accounts Payable for the six months ended in Dec. 2025 was A$0.23 Mil. First Graphene's Cost of Goods Sold for the six months ended in Dec. 2025 was A$0.23 Mil. Hence, First Graphene's Days Payable for the six months ended in Dec. 2025 was 183.67.

The historical rank and industry rank for First Graphene's Days Payable or its related term are showing as below:

ASX:FGR' s Days Payable Range Over the Past 10 Years
Min: 149.18   Med: 510.67   Max: 15336.08
Current: 232.31

During the past 13 years, First Graphene's highest Days Payable was 15336.08. The lowest was 149.18. And the median was 510.67.

ASX:FGR's Days Payable is ranked better than
95.57% of 1556 companies
in the Chemicals industry
Industry Median: 59.915 vs ASX:FGR: 232.31

First Graphene's Days Payable increased from Dec. 2024 (96.66) to Dec. 2025 (183.67). It may suggest that First Graphene delayed paying its suppliers.


First Graphene Days Payable Historical Data

* Premium members only.

The historical data trend for First Graphene'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.

First Graphene Days Payable Chart

First Graphene Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,725.52 510.67 218.55 179.70 149.18

First Graphene Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 182.50 108.87 96.66 316.58 183.67

ASX:FGR vs DOW: Days Payable Comparison

For the Chemicals subindustry, First Graphene'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.


First Graphene Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Graphene's Days Payable distribution charts can be found below:

* The bar in red indicates where First Graphene's Days Payable falls into.



First Graphene 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.

First Graphene's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (0.123 + 0.177) / 2 ) / 0.367*365
=0.15 / 0.367*365
=149.18

First Graphene'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
=( (0.177 + 0.292) / 2 ) / 0.233*365 / 2
=0.2345 / 0.233*365 / 2
=183.67

* 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 183.67 mean?
First Graphene (ASX:FGR) has a Days Payable of 183.67 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 First Graphene and its competitors. This is 64% below median its historical median of 510.67. Over the past decade, First Graphene's Days Payable has ranged from 149.18 to 15,336.08. According to the industry distribution chart, First Graphene ranks #69 out of 1556 companies in the Chemicals industry, placing it in the top 4.4%.
Is First Graphene's Days Payable too high?
First Graphene's current Days Payable of 183.67 is 64% below median its 10-year median of 510.67. Over the past 10 years, this metric has ranged from a low of 149.18 to a high of 15,336.08. The Chemicals industry median Days Payable is 59.92. First Graphene's value of 183.67 is 206.6% above this industry median. Based on the distribution chart, First Graphene ranks #69 out of 1556 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does First Graphene's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, First Graphene ranks #69 out of 1556 companies for Days Payable. This places First Graphene in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.92. First Graphene's value of 183.67 is 206.6% above this benchmark. Historically, First Graphene's own Days Payable has ranged from 149.18 to 15,336.08 over the past decade. While the company's 10-year median is 510.67 vs. the industry median of 59.92, First Graphene 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,556 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. First Graphene's current Days Payable of 183.67 is 206.6% 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 First Graphene and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Graphene's current Days Payable is 183.67, which is 64% below median its own 10-year median of 510.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Graphene stock overvalued right now?
Based on GuruFocus' analysis, First Graphene (ASX:FGR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.06 — trading 57.5% above its estimated fair value. The current Days Payable is 183.67, which is 64% below median its 10-year median of 510.67 and 206.6% above the Chemicals industry median of 59.92. 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 First Graphene (ASX:FGR), the current Days Payable is 183.67 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.

First Graphene Business Description

Other Exchanges FGPHF:USAM11:Germany
Address 1 Sepia Close, Henderson, WA, AUS, 6166
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segments includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.