First Tractor CoFIRRF 82 Days Payable is 228.73 as of Dec. 2025, which is 155% above its 10-year median of 89.85. GuruFocus rates FIRRF with a GF Score™ of 82/100 and a GF Value™ of $1.03. The stock has 7 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, First Tractor Co ranks better than 93.3% on this metric.
The historical rank and industry rank for First Tractor Co's Days Payable or its related term are showing as below:
FIRRF'
s Days Payable Range Over the Past 10 Years
Min: 77.99 Med: 89.85 Max: 299.74
Current: 299.74
During the past 13 years, First Tractor Co's highest Days Payable was 299.74. The lowest was 77.99. And the median was 89.85.
FIRRF's Days Payable is ranked better than 93.3% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.7
vs FIRRF: 299.74
First Tractor Co's Days Payable
increased
from Sep. 2024 (108.61) to Dec. 2025 (228.73).
It may suggest that First Tractor Codelayed paying its suppliers.
First Tractor Co Days Payable Related Terms
First Tractor Co Days Payable Historical Data
* Premium members only.
The historical data trend for First Tractor Co'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.
For the Farm & Heavy Construction Machinery subindustry, First Tractor Co'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 Tractor Co Days Payable vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's Days Payable distribution charts can be found below:
* The bar in red indicates where First Tractor Co's Days Payable falls into.
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 Tractor Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Tractor Co (FIRRF) has a Days Payable of 228.73 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 Tractor Co and its competitors. This is 155% above median its historical median of 89.85. Over the past decade, First Tractor Co's Days Payable has ranged from 77.99 to 299.74. According to the industry distribution chart, First Tractor Co ranks #14 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 6.7%.
Is First Tractor Co's Days Payable too high?
First Tractor Co's current Days Payable of 228.73 is 155% above median its 10-year median of 89.85. Over the past 10 years, this metric has ranged from a low of 77.99 to a high of 299.74. The Farm & Heavy Construction Machinery industry median Days Payable is 70.70. First Tractor Co's value of 228.73 is 223.5% above this industry median. Based on the distribution chart, First Tractor Co ranks #14 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, First Tractor Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does First Tractor Co's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, First Tractor Co ranks #14 out of 209 companies for Days Payable. This places First Tractor Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.70. First Tractor Co's value of 228.73 is 223.5% above this benchmark. Historically, First Tractor Co's own Days Payable has ranged from 77.99 to 299.74 over the past decade. While the company's 10-year median is 89.85 vs. the industry median of 70.70, First Tractor Co 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 70.70, based on 209 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 Tractor Co's current Days Payable of 228.73 is 223.5% 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 Tractor Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 70.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Tractor Co's current Days Payable is 228.73, which is 155% above median its own 10-year median of 89.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Tractor Co stock overvalued right now?
First Tractor Co (FIRRF) has a current Days Payable of 228.73. The stock's GF Value™ is $1.03, compared to a current price of $0.95 — trading 8.1% below its estimated fair value. The current Days Payable is 228.73, which is 155% above median its 10-year median of 89.85 and 223.5% above the Farm & Heavy Construction Machinery industry median of 70.70. First Tractor Co's overall GF Score™ is 82/100 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 First Tractor Co (FIRRF), the current Days Payable is 228.73 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 First Tractor Co (FIRRF) Overvalued in 2026?
Based on GuruFocus' analysis, First Tractor Co stock appears to be undervalued.
The current stock price of $0.95 is trading 8.1% below its estimated GF Value™ of $1.03.
Key valuation signals for FIRRF:
Days Payable: 228.73 (155% above median its 10-year median of 89.85)
GF Value™: $1.03 vs. price of $0.95 (8.1% below fair value)
Industry Position: 223.5% above the Farm & Heavy Construction Machinery median (#14 of 209)
No single metric tells the full story. See the FIRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Tractor Co Ltd is an agricultural machinery and equipment manufacturing service provider in China. The company focuses on the R&D and manufacturing of medium and largesized tractors and their core components, accelerating the product upgrades towards high-end, intelligent and green technologies. The company has two reportable segments: agricultural machinery segment and power machinery segment. The agricultural machinery segment is responsible for the production and sales of agricultural tractors and harvesters. The power machinery segment is mainly responsible for the production and sales of diesel engines. The majority of the company's revenue is derived from the Agricultural machinery segment.
82GF Score
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