FRCEF (Fletcher Building) Days Payable: 98.64 (As of Dec. 2025) — 22% Above Median


FRCEF Fletcher Building Ltd FRCEF
54 GF Score
Price $1.63
GF Value $1.17
! 7 Warning Signs
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What is Fletcher Building Days Payable?

Fletcher Building FRCEF 54 Days Payable is 98.64 as of Dec. 2025, which is 22% above its 10-year median of 80.99. GuruFocus rates FRCEF with a GF Score™ of 54/100 and a GF Value™ of $1.17. The stock has 7 warning signs investors should review. Among 396 Building Materials companies, Fletcher Building ranks better than 61.36% on this metric.

Fletcher Building's average Accounts Payable for the six months ended in Dec. 2025 was $615 Mil. Fletcher Building's Cost of Goods Sold for the six months ended in Dec. 2025 was $1,137 Mil. Hence, Fletcher Building's Days Payable for the six months ended in Dec. 2025 was 98.64.

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

FRCEF' s Days Payable Range Over the Past 10 Years
Min: 68.52   Med: 80.99   Max: 91.53
Current: 87.87

During the past 13 years, Fletcher Building's highest Days Payable was 91.53. The lowest was 68.52. And the median was 80.99.

FRCEF's Days Payable is ranked better than
61.36% of 396 companies
in the Building Materials industry
Industry Median: 69.22 vs FRCEF: 87.87

Fletcher Building's Days Payable increased from Dec. 2024 (82.89) to Dec. 2025 (98.64). It may suggest that Fletcher Building delayed paying its suppliers.


Fletcher Building Days Payable Historical Data

* Premium members only.

The historical data trend for Fletcher Building'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.

Fletcher Building Days Payable Chart

Fletcher Building 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 72.96 90.87 93.21 84.69 84.58

Fletcher Building 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 77.31 85.11 82.89 83.07 98.64

FRCEF vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Fletcher Building'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.


Fletcher Building Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fletcher Building's Days Payable distribution charts can be found below:

* The bar in red indicates where Fletcher Building's Days Payable falls into.


FRCEF
54GF Score
Fletcher Building Ltd FRCEF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fletcher Building 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.

Fletcher Building'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
=( (704.113 + 706.699) / 2 ) / 3044.055*365
=705.406 / 3044.055*365
=84.58

Fletcher Building'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
=( (706.699 + 522.569) / 2 ) / 1137.153*365 / 2
=614.634 / 1137.153*365 / 2
=98.64

* 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 98.64 mean?
Fletcher Building (FRCEF) has a Days Payable of 98.64 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 Fletcher Building and its competitors. This is 22% above median its historical median of 80.99. Over the past decade, Fletcher Building's Days Payable has ranged from 68.52 to 91.53. According to the industry distribution chart, Fletcher Building ranks #153 out of 396 companies in the Building Materials industry, placing it in the top 38.6%.
Is Fletcher Building's Days Payable too high?
Fletcher Building's current Days Payable of 98.64 is 22% above median its 10-year median of 80.99. Over the past 10 years, this metric has ranged from a low of 68.52 to a high of 91.53. The Building Materials industry median Days Payable is 69.22. Fletcher Building's value of 98.64 is 42.5% above this industry median. Based on the distribution chart, Fletcher Building ranks #153 out of 396 companies in the Building Materials industry, which is above the industry midpoint. Overall, Fletcher Building has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Fletcher Building's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fletcher Building ranks #153 out of 396 companies for Days Payable. This puts Fletcher Building in the upper half of its industry. The industry median Days Payable is 69.22. Fletcher Building's value of 98.64 is 42.5% above this benchmark. Historically, Fletcher Building's own Days Payable has ranged from 68.52 to 91.53 over the past decade. While the company's 10-year median is 80.99 vs. the industry median of 69.22, Fletcher Building 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.22, based on 396 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. Fletcher Building's current Days Payable of 98.64 is 42.5% 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 Fletcher Building and its competitors. For the Building Materials industry, the median Days Payable is 69.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fletcher Building's current Days Payable is 98.64, which is 22% above median its own 10-year median of 80.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fletcher Building stock overvalued right now?
Fletcher Building (FRCEF) has a current Days Payable of 98.64. The stock's GF Value™ is $1.17, compared to a current price of $1.63 — trading 39.3% above its estimated fair value. The current Days Payable is 98.64, which is 22% above median its 10-year median of 80.99 and 42.5% above the Building Materials industry median of 69.22. Fletcher Building's overall GF Score™ is 54/100 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 Fletcher Building (FRCEF), the current Days Payable is 98.64 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 Fletcher Building (FRCEF) Overvalued in 2026?

Based on GuruFocus' analysis, Fletcher Building stock appears to be overvalued. The current stock price of $1.63 is trading 39.3% above its estimated GF Value™ of $1.17.

Key valuation signals for FRCEF:

  • Days Payable: 98.64 (22% above median its 10-year median of 80.99)
  • GF Value™: $1.17 vs. price of $1.63 (39.3% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 42.5% above the Building Materials median (#153 of 396)

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


Fletcher Building Business Description

Address 810 Great South Road, Penrose, Auckland, NTL, NZL, 1061
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, and development. Most revenue is derived from new house construction, with smaller earnings contributions from commercial and infrastructure construction.
54GF Score

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

$1.63
Price
$1.17
GF Value