First GenFSGCY 56 Days Payable is 162.91 as of Mar. 2026, which is 63% above its 10-year median of 100.25. GuruFocus rates FSGCY with a GF Score™ of 56/100 and a GF Value™ of $2.05 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, First Gen ranks better than 86.41% on this metric.
First Gen's average Accounts Payable for the
three
months ended in Mar. 2026 was $229.9 Mil. First Gen's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $128.8 Mil.
Hence, First Gen's Days Payable for the
three
months ended in Mar. 2026 was 162.91.
The historical rank and industry rank for First Gen's Days Payable or its related term are showing as below:
FSGCY'
s Days Payable Range Over the Past 10 Years
Min: 76.65 Med: 100.25 Max: 420.44
Current: 420.44
During the past 13 years, First Gen's highest Days Payable was 420.44. The lowest was 76.65. And the median was 100.25.
First Gen's Days Payable
declined
from Mar. 2025 (454.74) to Mar. 2026 (162.91).
It may suggest that First Genaccelerated paying its suppliers.
First Gen Days Payable Related Terms
First Gen Days Payable Historical Data
* Premium members only.
The historical data trend for First Gen'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 Utilities - Renewable subindustry, First Gen'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 Gen Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Days Payable distribution charts can be found below:
* The bar in red indicates where First Gen'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 Gen'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 Gen (FSGCY) has a Days Payable of 162.91 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 First Gen and its competitors. This is 63% above median its historical median of 100.25. Over the past decade, First Gen's Days Payable has ranged from 76.65 to 420.44. According to the industry distribution chart, First Gen ranks #53 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.6%.
Is First Gen's Days Payable too high?
First Gen's current Days Payable of 162.91 is 63% above median its 10-year median of 100.25. Over the past 10 years, this metric has ranged from a low of 76.65 to a high of 420.44. The Utilities - Independent Power Producers industry median Days Payable is 79.64. First Gen's value of 162.91 is 104.6% above this industry median. Based on the distribution chart, First Gen ranks #53 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, First Gen has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #53 out of 390 companies for Days Payable. This places First Gen in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.64. First Gen's value of 162.91 is 104.6% above this benchmark. Historically, First Gen's own Days Payable has ranged from 76.65 to 420.44 over the past decade. While the company's 10-year median is 100.25 vs. the industry median of 79.64, First Gen 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 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. First Gen's current Days Payable of 162.91 is 104.6% 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 Gen 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. First Gen's current Days Payable is 162.91, which is 63% above median its own 10-year median of 100.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Gen stock overvalued right now?
Based on GuruFocus' analysis, First Gen (FSGCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.05, compared to a current price of $5.35 — trading 161% above its estimated fair value. The current Days Payable is 162.91, which is 63% above median its 10-year median of 100.25 and 104.6% above the Utilities - Independent Power Producers industry median of 79.64. First Gen's overall GF Score™ is 56/100 with 9 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 Gen (FSGCY), the current Days Payable is 162.91 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 First Gen (FSGCY) Overvalued in 2026?
Based on GuruFocus' analysis, First Gen stock appears to be overvalued.
The current stock price of $5.35 is trading 161% above its estimated GF Value™ of $2.05.
GuruFocus considers First Gen to be Significantly Overvalued.
Key valuation signals for FSGCY:
Days Payable: 162.91 (63% above median its 10-year median of 100.25)
GF Value™: $2.05 vs. price of $5.35 (161% above fair value)
Industry Position: 104.6% above the Utilities - Independent Power Producers median (#53 of 390)
No single metric tells the full story. See the FSGCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Gen Corp is an independent electric utility company operating in the Philippines. First Gen develops, finances, builds, bids for, and operate power generation projects. The company generates a amount of Filipino energy needs through its portfolio of natural gas, wind, solar, hydro, and geothermal power plants located in the country. Majority of the power generated by First Gen is produced through natural gas and geothermal fuel sources. It operates in six segments: FGPC, FGP, EDC and Subsidiaries, FGEN LNG, FNPC, and Prime Meridian. The company only operates in Philippines.
56GF Score
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