FOJCF (Fortum Oyj) Days Payable: 69.36 (As of Mar. 2026) — 48% Above Median


FOJCF Fortum Oyj FOJCF
65 GF Score
Price $22.00
GF Value $13.87
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fortum Oyj Days Payable?

Fortum Oyj FOJCF 65 Days Payable is 69.36 as of Mar. 2026, which is 48% above its 10-year median of 46.88. GuruFocus rates FOJCF with a GF Score™ of 65/100 and a GF Value™ of $13.87 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Fortum Oyj ranks better than 55.13% on this metric.

Fortum Oyj's average Accounts Payable for the three months ended in Mar. 2026 was $1,046 Mil. Fortum Oyj's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,376 Mil. Hence, Fortum Oyj's Days Payable for the three months ended in Mar. 2026 was 69.36.

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

FOJCF' s Days Payable Range Over the Past 10 Years
Min: 30.66   Med: 46.88   Max: 991.89
Current: 90.97

During the past 13 years, Fortum Oyj's highest Days Payable was 991.89. The lowest was 30.66. And the median was 46.88.

FOJCF's Days Payable is ranked better than
55.13% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.64 vs FOJCF: 90.97

Fortum Oyj's Days Payable increased from Mar. 2025 (62.39) to Mar. 2026 (69.36). It may suggest that Fortum Oyj delayed paying its suppliers.


Fortum Oyj Days Payable Historical Data

* Premium members only.

The historical data trend for Fortum Oyj'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.

Fortum Oyj Days Payable Chart

Fortum Oyj 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 1,019.99 503.12 55.30 46.63 39.61

Fortum Oyj 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 62.39 118.50 103.17 49.00 69.36

Fortum Oyj Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Fortum Oyj'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.


Fortum Oyj Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Fortum Oyj's Days Payable falls into.


FOJCF
65GF Score
Fortum Oyj FOJCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortum Oyj 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.

Fortum Oyj'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
=( (378.01 + 377.049) / 2 ) / 3478.922*365
=377.5295 / 3478.922*365
=39.61

Fortum Oyj'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
=( (377.049 + 1714.451) / 2 ) / 1375.722*365 / 4
=1045.75 / 1375.722*365 / 4
=69.36

* 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 69.36 mean?
Fortum Oyj (FOJCF) has a Days Payable of 69.36 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 Fortum Oyj and its competitors. This is 48% above median its historical median of 46.88. Over the past decade, Fortum Oyj's Days Payable has ranged from 30.66 to 991.89. According to the industry distribution chart, Fortum Oyj ranks #175 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.9%.
Is Fortum Oyj's Days Payable too high?
Fortum Oyj's current Days Payable of 69.36 is 48% above median its 10-year median of 46.88. Over the past 10 years, this metric has ranged from a low of 30.66 to a high of 991.89. The Utilities - Independent Power Producers industry median Days Payable is 79.64. Fortum Oyj's value of 69.36 is 12.9% below this industry median. Based on the distribution chart, Fortum Oyj ranks #175 out of 390 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Fortum Oyj has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortum Oyj's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Fortum Oyj ranks #175 out of 390 companies for Days Payable. This puts Fortum Oyj in the upper half of its industry. The industry median Days Payable is 79.64. Fortum Oyj's value of 69.36 is 12.9% below this benchmark. Historically, Fortum Oyj's own Days Payable has ranged from 30.66 to 991.89 over the past decade. While the company's 10-year median is 46.88 vs. the industry median of 79.64, Fortum Oyj 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.64, based on 390 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. Fortum Oyj's current Days Payable of 69.36 is 12.9% 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 Fortum Oyj and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortum Oyj's current Days Payable is 69.36, which is 48% above median its own 10-year median of 46.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortum Oyj stock overvalued right now?
Based on GuruFocus' analysis, Fortum Oyj (FOJCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.87, compared to a current price of $22.00 — trading 58.6% above its estimated fair value. The current Days Payable is 69.36, which is 48% above median its 10-year median of 46.88 and 12.9% below the Utilities - Independent Power Producers industry median of 79.64. Fortum Oyj's overall GF Score™ is 65/100 with 4 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 Fortum Oyj (FOJCF), the current Days Payable is 69.36 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 Fortum Oyj (FOJCF) Overvalued in 2026?

Based on GuruFocus' analysis, Fortum Oyj stock appears to be overvalued. The current stock price of $22.00 is trading 58.6% above its estimated GF Value™ of $13.87. GuruFocus considers Fortum Oyj to be Significantly Overvalued.

Key valuation signals for FOJCF:

  • Days Payable: 69.36 (48% above median its 10-year median of 46.88)
  • GF Value™: $13.87 vs. price of $22.00 (58.6% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 12.9% below the Utilities - Independent Power Producers median (#175 of 390)

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


Fortum Oyj Business Description

Address Keilalahdentie 2-4, CD Building, P.O. Box 100, Espoo, FIN, 02150
Fortum Oyj is a Finnish energy company that operates power plants that use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, Consumer Solutions, and Other Operations.
65GF Score

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

$22.00
Price
$13.87
GF Value