FortisMEX:FTSN 80 Days Payable is 208.91 as of Mar. 2026, which is 112% above its 10-year median of 98.60. GuruFocus rates MEX:FTSN with a GF Score™ of 80/100 and a GF Value™ of MXN703.62. The stock has 13 warning signs investors should review. Among 481 Utilities - Regulated companies, Fortis ranks better than 88.77% on this metric.
Fortis's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN32,228 Mil. Fortis's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN14,077 Mil.
Hence, Fortis's Days Payable for the
three
months ended in Mar. 2026 was 208.91.
The historical rank and industry rank for Fortis's Days Payable or its related term are showing as below:
MEX:FTSN'
s Days Payable Range Over the Past 10 Years
Min: 75.46 Med: 98.6 Max: 304.72
Current: 304.72
During the past 13 years, Fortis's highest Days Payable was 304.72. The lowest was 75.46. And the median was 98.60.
MEX:FTSN's Days Payable is ranked better than 88.77% of 481
companies
in the Utilities - Regulated industry
Industry Median: 70.61
vs MEX:FTSN: 304.72
Fortis's Days Payable
increased
from Mar. 2025 (198.89) to Mar. 2026 (208.91).
It may suggest that Fortisdelayed paying its suppliers.
Fortis Days Payable Related Terms
Fortis Days Payable Historical Data
* Premium members only.
The historical data trend for Fortis'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 - Regulated Electric subindustry, Fortis'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.
Fortis Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Fortis's Days Payable distribution charts can be found below:
* The bar in red indicates where Fortis'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.
Fortis'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.
Fortis (MEX:FTSN) has a Days Payable of 208.91 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 Fortis and its competitors. This is 112% above median its historical median of 98.60. Over the past decade, Fortis' Days Payable has ranged from 75.46 to 304.72. According to the industry distribution chart, Fortis ranks #54 out of 481 companies in the Utilities - Regulated industry, placing it in the top 11.2%.
Is Fortis' Days Payable too high?
Fortis' current Days Payable of 208.91 is 112% above median its 10-year median of 98.60. Over the past 10 years, this metric has ranged from a low of 75.46 to a high of 304.72. The Utilities - Regulated industry median Days Payable is 70.61. Fortis' value of 208.91 is 195.9% above this industry median. Based on the distribution chart, Fortis ranks #54 out of 481 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Fortis has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Fortis' Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Fortis ranks #54 out of 481 companies for Days Payable. This places Fortis in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.61. Fortis' value of 208.91 is 195.9% above this benchmark. Historically, Fortis' own Days Payable has ranged from 75.46 to 304.72 over the past decade. While the company's 10-year median is 98.60 vs. the industry median of 70.61, Fortis 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 - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 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. Fortis's current Days Payable of 208.91 is 195.9% 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 Fortis and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortis's current Days Payable is 208.91, which is 112% above median its own 10-year median of 98.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis stock overvalued right now?
Fortis (MEX:FTSN) has a current Days Payable of 208.91. The stock's GF Value™ is MXN703.62, compared to a current price of MXN896.40 — trading 27.4% above its estimated fair value. The current Days Payable is 208.91, which is 112% above median its 10-year median of 98.60 and 195.9% above the Utilities - Regulated industry median of 70.61. Fortis' overall GF Score™ is 80/100 with 13 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 Fortis (MEX:FTSN), the current Days Payable is 208.91 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 Fortis (MEX:FTSN) Overvalued in 2026?
Based on GuruFocus' analysis, Fortis stock appears to be overvalued.
The current stock price of MXN896.40 is trading 27.4% above its estimated GF Value™ of MXN703.62.
Key valuation signals for MEX:FTSN:
Days Payable: 208.91 (112% above median its 10-year median of 98.60)
GF Value™: MXN703.62 vs. price of MXN896.40 (27.4% above fair value)
Industry Position: 195.9% above the Utilities - Regulated median (#54 of 481)
No single metric tells the full story. See the MEX:FTSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
80GF Score
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