First Property Group (LSE:FPO) Days Payable: 103.12 (As of Mar. 2026) — 54% Below Median


LSE:FPO First Property Group PLC LSE:FPO
44 GF Score
Price £0.14
GF Value £0.16
Valuation Modestly Undervalued
! 4 Warning Signs
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What is First Property Group Days Payable?

First Property Group LSE:FPO +1.89% 44 Days Payable is 103.12 as of Mar. 2026, which is 54% below its 10-year median of 226.53. GuruFocus rates LSE:FPO with a GF Score™ of 44/100 and a GF Value™ of £0.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,571 Real Estate companies, First Property Group ranks better than 65.56% on this metric.

First Property Group's average Accounts Payable for the six months ended in Mar. 2026 was £1.05 Mil. First Property Group's Cost of Goods Sold for the six months ended in Mar. 2026 was £1.86 Mil. Hence, First Property Group's Days Payable for the six months ended in Mar. 2026 was 103.12.

The historical rank and industry rank for First Property Group's Days Payable or its related term are showing as below:

LSE:FPO' s Days Payable Range Over the Past 10 Years
Min: 166.47   Med: 226.53   Max: 266.85
Current: 166.47

During the past 13 years, First Property Group's highest Days Payable was 266.85. The lowest was 166.47. And the median was 226.53.

LSE:FPO's Days Payable is ranked better than
65.56% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs LSE:FPO: 166.47

First Property Group's Days Payable declined from Mar. 2025 (196.52) to Mar. 2026 (103.12). It may suggest that First Property Group accelerated paying its suppliers.


First Property Group Days Payable Historical Data

* Premium members only.

The historical data trend for First Property Group'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.

First Property Group Days Payable Chart

First Property Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.77 265.38 266.85 259.50 198.84

First Property Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 314.53 186.92 196.52 236.36 103.12

LSE:FPO vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, First Property Group'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 Property Group Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Property Group's Days Payable distribution charts can be found below:

* The bar in red indicates where First Property Group's Days Payable falls into.


LSE:FPO
44GF Score
First Property Group PLC LSE:FPO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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First Property Group 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.

First Property Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1.839 + 1.3) / 2 ) / 2.881*365
=1.5695 / 2.881*365
=198.84

First Property Group'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.803 + 1.3) / 2 ) / 1.861*365 / 2
=1.0515 / 1.861*365 / 2
=103.12

* 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 103.12 mean?
First Property Group (LSE:FPO) has a Days Payable of 103.12 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 Property Group and its competitors. This is 54% below median its historical median of 226.53. Over the past decade, First Property Group's Days Payable has ranged from 166.47 to 266.85. According to the industry distribution chart, First Property Group ranks #541 out of 1571 companies in the Real Estate industry, placing it in the top 34.4%.
Is First Property Group's Days Payable too high?
First Property Group's current Days Payable of 103.12 is 54% below median its 10-year median of 226.53. Over the past 10 years, this metric has ranged from a low of 166.47 to a high of 266.85. The Real Estate industry median Days Payable is 94.38. First Property Group's value of 103.12 is 9.3% above this industry median. Based on the distribution chart, First Property Group ranks #541 out of 1571 companies in the Real Estate industry, which is above the industry midpoint. Overall, First Property Group has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Property Group's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Property Group ranks #541 out of 1571 companies for Days Payable. This puts First Property Group in the upper half of its industry. The industry median Days Payable is 94.38. First Property Group's value of 103.12 is 9.3% above this benchmark. Historically, First Property Group's own Days Payable has ranged from 166.47 to 266.85 over the past decade. While the company's 10-year median is 226.53 vs. the industry median of 94.38, First Property Group 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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 Property Group's current Days Payable of 103.12 is 9.3% 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 Property Group and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Property Group's current Days Payable is 103.12, which is 54% below median its own 10-year median of 226.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Property Group stock overvalued right now?
Based on GuruFocus' analysis, First Property Group (LSE:FPO) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.16, compared to a current price of £0.14 — trading 15.6% below its estimated fair value. The current Days Payable is 103.12, which is 54% below median its 10-year median of 226.53 and 9.3% above the Real Estate industry median of 94.38. First Property Group's overall GF Score™ is 44/100 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 First Property Group (LSE:FPO), the current Days Payable is 103.12 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 Property Group (LSE:FPO) Overvalued in 2026?

Based on GuruFocus' analysis, First Property Group stock appears to be undervalued. The current stock price of £0.14 is trading 15.6% below its estimated GF Value™ of £0.16. GuruFocus considers First Property Group to be Modestly Undervalued.

Key valuation signals for LSE:FPO:

  • Days Payable: 103.12 (54% below median its 10-year median of 226.53)
  • GF Value™: £0.16 vs. price of £0.14 (15.6% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 9.3% above the Real Estate median (#541 of 1571)

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


First Property Group Business Description

Address 32 St James’s Street, London, GBR, SW1A 1HD
First Property Group PLC is a property fund manager and investor with operations in the United Kingdom and Central Europe mainly in Poland. The company is organized into three segments including Property Fund Management, Group Properties, and the Associates and Investments. It generates the majority of its revenue from the Group Properties segment. The Group Properties segment comprises the revenues and profits from its trading in its properties including rental and service charge income from the properties owned by the company.
44GF Score

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

£0.14
Price
£0.16
GF Value