Fernheizwerk Neukoelln AG (FRA:FHW) Days Payable: 11.99 (As of Dec. 2025) — 41% Below Median


FRA:FHW Fernheizwerk Neukoelln AG FRA:FHW
66 GF Score
Price €18.40
GF Value €26.63
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Fernheizwerk Neukoelln AG Days Payable?

Fernheizwerk Neukoelln AG FRA:FHW 66 Days Payable is 11.99 as of Dec. 2025, which is 41% below its 10-year median of 20.34. GuruFocus rates FRA:FHW with a GF Score™ of 66/100 and a GF Value™ of €26.63 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Fernheizwerk Neukoelln AG ranks worse than 94.62% on this metric.

Fernheizwerk Neukoelln AG's average Accounts Payable for the six months ended in Dec. 2025 was €1.46 Mil. Fernheizwerk Neukoelln AG's Cost of Goods Sold for the six months ended in Dec. 2025 was €22.16 Mil. Hence, Fernheizwerk Neukoelln AG's Days Payable for the six months ended in Dec. 2025 was 11.99.

The historical rank and industry rank for Fernheizwerk Neukoelln AG's Days Payable or its related term are showing as below:

FRA:FHW' s Days Payable Range Over the Past 10 Years
Min: 10.78   Med: 20.34   Max: 35.11
Current: 10.78

During the past 13 years, Fernheizwerk Neukoelln AG's highest Days Payable was 35.11. The lowest was 10.78. And the median was 20.34.

FRA:FHW's Days Payable is ranked worse than
94.62% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs FRA:FHW: 10.78

Fernheizwerk Neukoelln AG's Days Payable increased from Dec. 2024 (5.47) to Dec. 2025 (11.99). It may suggest that Fernheizwerk Neukoelln AG delayed paying its suppliers.


Fernheizwerk Neukoelln AG Days Payable Historical Data

* Premium members only.

The historical data trend for Fernheizwerk Neukoelln AG'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.

Fernheizwerk Neukoelln AG Days Payable Chart

Fernheizwerk Neukoelln AG 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 19.95 13.76 12.76 11.94 12.20

Fernheizwerk Neukoelln AG 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 6.68 6.98 5.47 8.41 11.99

FRA:FHW vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, Fernheizwerk Neukoelln AG'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.


Fernheizwerk Neukoelln AG Days Payable vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Fernheizwerk Neukoelln AG's Days Payable falls into.


FRA:FHW
66GF Score
Fernheizwerk Neukoelln AG FRA:FHW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fernheizwerk Neukoelln AG 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.

Fernheizwerk Neukoelln AG'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
=( (1.33 + 1.871) / 2 ) / 47.874*365
=1.6005 / 47.874*365
=12.20

Fernheizwerk Neukoelln AG'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
=( (1.04 + 1.871) / 2 ) / 22.155*365 / 2
=1.4555 / 22.155*365 / 2
=11.99

* 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 11.99 mean?
Fernheizwerk Neukoelln AG (FRA:FHW) has a Days Payable of 11.99 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 Fernheizwerk Neukoelln AG and its competitors. This is 41% below median its historical median of 20.34. Over the past decade, Fernheizwerk Neukoelln AG's Days Payable has ranged from 10.78 to 35.11. According to the industry distribution chart, Fernheizwerk Neukoelln AG ranks #369 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 94.6%.
Is Fernheizwerk Neukoelln AG's Days Payable too high?
Fernheizwerk Neukoelln AG's current Days Payable of 11.99 is 41% below median its 10-year median of 20.34. Over the past 10 years, this metric has ranged from a low of 10.78 to a high of 35.11. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Fernheizwerk Neukoelln AG's value of 11.99 is 85% below this industry median. Based on the distribution chart, Fernheizwerk Neukoelln AG ranks #369 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Fernheizwerk Neukoelln AG has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fernheizwerk Neukoelln AG's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Fernheizwerk Neukoelln AG ranks #369 out of 390 companies for Days Payable. This places Fernheizwerk Neukoelln AG in the lower half of its industry. The industry median Days Payable is 79.90. Fernheizwerk Neukoelln AG's value of 11.99 is 85% below this benchmark. Historically, Fernheizwerk Neukoelln AG's own Days Payable has ranged from 10.78 to 35.11 over the past decade. While the company's 10-year median is 20.34 vs. the industry median of 79.90, Fernheizwerk Neukoelln AG 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 79.90, 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. Fernheizwerk Neukoelln AG's current Days Payable of 11.99 is 85% 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 Fernheizwerk Neukoelln AG and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fernheizwerk Neukoelln AG's current Days Payable is 11.99, which is 41% below median its own 10-year median of 20.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fernheizwerk Neukoelln AG stock overvalued right now?
Based on GuruFocus' analysis, Fernheizwerk Neukoelln AG (FRA:FHW) is currently considered Significantly Undervalued. The stock's GF Value™ is €26.63, compared to a current price of €18.40 — trading 30.9% below its estimated fair value. The current Days Payable is 11.99, which is 41% below median its 10-year median of 20.34 and 85% below the Utilities - Independent Power Producers industry median of 79.90. Fernheizwerk Neukoelln AG's overall GF Score™ is 66/100 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 Fernheizwerk Neukoelln AG (FRA:FHW), the current Days Payable is 11.99 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 Fernheizwerk Neukoelln AG (FRA:FHW) Overvalued in 2026?

Based on GuruFocus' analysis, Fernheizwerk Neukoelln AG stock appears to be undervalued. The current stock price of €18.40 is trading 30.9% below its estimated GF Value™ of €26.63. GuruFocus considers Fernheizwerk Neukoelln AG to be Significantly Undervalued.

Key valuation signals for FRA:FHW:

  • Days Payable: 11.99 (41% below median its 10-year median of 20.34)
  • GF Value™: €26.63 vs. price of €18.40 (30.9% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 85% below the Utilities - Independent Power Producers median (#369 of 390)

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


Fernheizwerk Neukoelln AG Business Description

Other Exchanges FHW:Germany
Address Weigandufer 49, Berlin, DEU, D-12059
Fernheizwerk Neukoelln AG is a German company which offers heating services to the city of Berlin. The company operates a grid of steam and hot water pipes throughout the city.
66GF Score

Get the complete analysis for FRA:FHW

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

€18.40
Price
€26.63
GF Value