Honeywell Flour MillsNSA:HFM 69 Days Payable is 14.26 as of Mar. 2025, which is 16% above its 10-year median of 12.28. GuruFocus rates NSA:HFM with a GF Score™ of 69/100 and a GF Value™ of ₦10.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,882 Consumer Packaged Goods companies, Honeywell Flour Mills ranks worse than 91.45% on this metric.
Honeywell Flour Mills Days Payable Historical Data
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The historical data trend for Honeywell Flour Mills'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 Packaged Foods subindustry, Honeywell Flour Mills'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.
Honeywell Flour Mills Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Days Payable distribution charts can be found below:
* The bar in red indicates where Honeywell Flour Mills'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.
Honeywell Flour Mills's Days Payable for the fiscal year that ended in Mar. 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.
Honeywell Flour Mills (NSA:HFM) has a Days Payable of 14.26 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Honeywell Flour Mills and its competitors. This is 16% above median its historical median of 12.28. Over the past decade, Honeywell Flour Mills' Days Payable has ranged from 5.85 to 42.01. According to the industry distribution chart, Honeywell Flour Mills ranks #1721 out of 1882 companies in the Consumer Packaged Goods industry, placing it in the top 91.4%.
Is Honeywell Flour Mills' Days Payable too high?
Honeywell Flour Mills' current Days Payable of 14.26 is 16% above median its 10-year median of 12.28. Over the past 10 years, this metric has ranged from a low of 5.85 to a high of 42.01. The Consumer Packaged Goods industry median Days Payable is 44.15. Honeywell Flour Mills' value of 14.26 is 67.7% below this industry median. Based on the distribution chart, Honeywell Flour Mills ranks #1721 out of 1882 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Honeywell Flour Mills has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #1721 out of 1882 companies for Days Payable. This places Honeywell Flour Mills in the lower half of its industry. The industry median Days Payable is 44.15. Honeywell Flour Mills' value of 14.26 is 67.7% below this benchmark. Historically, Honeywell Flour Mills' own Days Payable has ranged from 5.85 to 42.01 over the past decade. While the company's 10-year median is 12.28 vs. the industry median of 44.15, Honeywell Flour Mills 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 a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,882 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. Honeywell Flour Mills's current Days Payable of 14.26 is 67.7% 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 Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current Days Payable is 14.26, which is 16% above median its own 10-year median of 12.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.20, compared to a current price of ₦15.85 — trading 55.4% above its estimated fair value. The current Days Payable is 14.26, which is 16% above median its 10-year median of 12.28 and 67.7% below the Consumer Packaged Goods industry median of 44.15. Honeywell Flour Mills' overall GF Score™ is 69/100 with 2 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 Honeywell Flour Mills (NSA:HFM), the current Days Payable is 14.26 as of Mar. 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 Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued.
The current stock price of ₦15.85 is trading 55.4% above its estimated GF Value™ of ₦10.20.
GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.
Key valuation signals for NSA:HFM:
Days Payable: 14.26 (16% above median its 10-year median of 12.28)
GF Value™: ₦10.20 vs. price of ₦15.85 (55.4% above fair value)
Industry Position: 67.7% below the Consumer Packaged Goods median (#1721 of 1882)
No single metric tells the full story. See the NSA:HFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
69GF Score
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