FHRT (First Hartford) Days Payable: 36.46 (As of Apr. 2025) — 11% Above Median


FHRT First Hartford Corp FHRT
44 GF Score
Price $26.99
GF Value $13.79
Valuation Significantly Overvalued
! 5 Warning Signs
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What is First Hartford Days Payable?

First Hartford FHRT 44 Days Payable is 36.46 as of Apr. 2025, which is 11% above its 10-year median of 32.74. GuruFocus rates FHRT with a GF Score™ of 44/100 and a GF Value™ of $13.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,571 Real Estate companies, First Hartford ranks worse than 77.66% on this metric.

First Hartford's average Accounts Payable for the six months ended in Apr. 2025 was $7.1 Mil. First Hartford's Cost of Goods Sold for the six months ended in Apr. 2025 was $71.0 Mil. Hence, First Hartford's Days Payable for the six months ended in Apr. 2025 was 18.23.

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

FHRT' s Days Payable Range Over the Past 10 Years
Min: 19.29   Med: 32.74   Max: 60.36
Current: 36.46

During the past 13 years, First Hartford's highest Days Payable was 60.36. The lowest was 19.29. And the median was 32.74.

FHRT's Days Payable is ranked worse than
77.66% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs FHRT: 36.46

First Hartford's Days Payable increased from Apr. 2018 (19.29) to Apr. 2025 (36.46). It may suggest that First Hartford delayed paying its suppliers.


First Hartford Days Payable Historical Data

* Premium members only.

The historical data trend for First Hartford'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 Hartford Days Payable Chart

First Hartford Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr24 Apr25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.33 22.82 19.29 60.36 36.46

First Hartford Semi-Annual Data
Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr24 Apr25
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 29.33 22.82 19.29 60.36 36.46

FHRT vs KANP, AEI, JFB: Days Payable Comparison

For the Real Estate - Development subindustry, First Hartford'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 Hartford Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Hartford's Days Payable distribution charts can be found below:

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


FHRT
44GF Score
First Hartford Corp FHRT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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First Hartford 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 Hartford's Days Payable for the fiscal year that ended in Apr. 2025 is calculated as

Days Payable (A: Apr. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2024 ) + Accounts Payable (A: Apr. 2025 )) / count ) / Cost of Goods Sold (A: Apr. 2025 )*Days in Period
=( (9.879 + 4.297) / 2 ) / 70.959*365
=7.088 / 70.959*365
=36.46

First Hartford's Days Payable for the quarter that ended in Apr. 2025 is calculated as:

Days Payable (Q: Apr. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2024 ) + Accounts Payable (Q: Apr. 2025 )) / count ) / Cost of Goods Sold (Q: Apr. 2025 )*Days in Period
=( (9.879 + 4.297) / 2 ) / 70.959*365 / 2
=7.088 / 70.959*365 / 2
=18.23

* 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 36.46 mean?
First Hartford (FHRT) has a Days Payable of 36.46 as of Apr. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on First Hartford and its competitors. This is 11% above median its historical median of 32.74. Over the past decade, First Hartford's Days Payable has ranged from 19.29 to 60.36. According to the industry distribution chart, First Hartford ranks #1220 out of 1571 companies in the Real Estate industry, placing it in the top 77.7%.
Is First Hartford's Days Payable too high?
First Hartford's current Days Payable of 36.46 is 11% above median its 10-year median of 32.74. Over the past 10 years, this metric has ranged from a low of 19.29 to a high of 60.36. The Real Estate industry median Days Payable is 94.38. First Hartford's value of 36.46 is 61.4% below this industry median. Based on the distribution chart, First Hartford ranks #1220 out of 1571 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, First Hartford has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Hartford's Days Payable compare to KANP and AEI?
According to the Real Estate industry distribution chart, First Hartford ranks #1220 out of 1571 companies for Days Payable. This places First Hartford in the lower half of its industry. The industry median Days Payable is 94.38. First Hartford's value of 36.46 is 61.4% below this benchmark. Historically, First Hartford's own Days Payable has ranged from 19.29 to 60.36 over the past decade. While the company's 10-year median is 32.74 vs. the industry median of 94.38, First Hartford 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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 Hartford's current Days Payable of 36.46 is 61.4% 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 First Hartford and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Hartford's current Days Payable is 36.46, which is 11% above median its own 10-year median of 32.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hartford stock overvalued right now?
Based on GuruFocus' analysis, First Hartford (FHRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.79, compared to a current price of $26.99 — trading 95.7% above its estimated fair value. The current Days Payable is 36.46, which is 11% above median its 10-year median of 32.74 and 61.4% below the Real Estate industry median of 94.38. First Hartford's overall GF Score™ is 44/100 with 5 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 First Hartford (FHRT), the current Days Payable is 36.46 as of Apr. 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 First Hartford (FHRT) Overvalued in 2026?

Based on GuruFocus' analysis, First Hartford stock appears to be overvalued. The current stock price of $26.99 is trading 95.7% above its estimated GF Value™ of $13.79. GuruFocus considers First Hartford to be Significantly Overvalued.

Key valuation signals for FHRT:

  • Days Payable: 36.46 (11% above median its 10-year median of 32.74)
  • GF Value™: $13.79 vs. price of $26.99 (95.7% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 61.4% below the Real Estate median (#1220 of 1571)

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


First Hartford Business Description

Address 149 Colonial Road, Manchester, CT, USA, 06042
First Hartford Corp is a real estate company. It is engaged in the purchase, development, ownership, management, and sale of real estate. The company is also a preferred developer for CVS, Cumberland Farms, and others.
44GF Score

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

$26.99
Price
$13.79
GF Value