Fonterra Co-operative Group (NZSE:FCG) Days Payable: 60.16 (As of Jan. 2026) — Near Median


NZSE:FCG Fonterra Co-operative Group Ltd NZSE:FCG
65 GF Score
Price NZ$4.21
GF Value NZ$2.96
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fonterra Co-operative Group Days Payable?

Fonterra Co-operative Group NZSE:FCG -1.17% 65 Days Payable is 60.16 as of Jan. 2026, which is 3% above its 10-year median of 58.19. GuruFocus rates NZSE:FCG with a GF Score™ of 65/100 and a GF Value™ of NZ$2.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,881 Consumer Packaged Goods companies, Fonterra Co-operative Group ranks better than 70.44% on this metric.

Fonterra Co-operative Group's average Accounts Payable for the six months ended in Jan. 2026 was NZ$3,488 Mil. Fonterra Co-operative Group's Cost of Goods Sold for the six months ended in Jan. 2026 was NZ$10,580 Mil. Hence, Fonterra Co-operative Group's Days Payable for the six months ended in Jan. 2026 was 60.16.

The historical rank and industry rank for Fonterra Co-operative Group's Days Payable or its related term are showing as below:

NZSE:FCG' s Days Payable Range Over the Past 10 Years
Min: 33.75   Med: 58.19   Max: 77.79
Current: 67.12

During the past 13 years, Fonterra Co-operative Group's highest Days Payable was 77.79. The lowest was 33.75. And the median was 58.19.

NZSE:FCG's Days Payable is ranked better than
70.44% of 1881 companies
in the Consumer Packaged Goods industry
Industry Median: 44.14 vs NZSE:FCG: 67.12

Fonterra Co-operative Group's Days Payable declined from Jan. 2025 (67.81) to Jan. 2026 (60.16). It may suggest that Fonterra Co-operative Group accelerated paying its suppliers.


Fonterra Co-operative Group Days Payable Historical Data

* Premium members only.

The historical data trend for Fonterra Co-operative 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.

Fonterra Co-operative Group Days Payable Chart

Fonterra Co-operative Group Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.68 51.55 33.75 42.19 35.10

Fonterra Co-operative Group Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 67.55 75.25 67.81 56.42 60.16

NZSE:FCG vs KHC, GIS, HRL: Days Payable Comparison

For the Packaged Foods subindustry, Fonterra Co-operative 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.


Fonterra Co-operative Group Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Co-operative Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Fonterra Co-operative Group's Days Payable falls into.


NZSE:FCG
65GF Score
Fonterra Co-operative Group Ltd NZSE:FCG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fonterra Co-operative 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.

Fonterra Co-operative Group's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as

Days Payable (A: Jul. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2024 ) + Accounts Payable (A: Jul. 2025 )) / count ) / Cost of Goods Sold (A: Jul. 2025 )*Days in Period
=( (2120 + 1885) / 2 ) / 20826*365
=2002.5 / 20826*365
=35.10

Fonterra Co-operative Group's Days Payable for the quarter that ended in Jan. 2026 is calculated as:

Days Payable (Q: Jan. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (1885 + 5090) / 2 ) / 10580*365 / 2
=3487.5 / 10580*365 / 2
=60.16

* 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 60.16 mean?
Fonterra Co-operative Group (NZSE:FCG) has a Days Payable of 60.16 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fonterra Co-operative Group and its competitors. This is near median its historical median of 58.19. Over the past decade, Fonterra Co-operative Group's Days Payable has ranged from 33.75 to 77.79. According to the industry distribution chart, Fonterra Co-operative Group ranks #556 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 29.6%.
Is Fonterra Co-operative Group's Days Payable too high?
Fonterra Co-operative Group's current Days Payable of 60.16 is near median its 10-year median of 58.19. Over the past 10 years, this metric has ranged from a low of 33.75 to a high of 77.79. The Consumer Packaged Goods industry median Days Payable is 44.14. Fonterra Co-operative Group's value of 60.16 is 36.3% above this industry median. Based on the distribution chart, Fonterra Co-operative Group ranks #556 out of 1881 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Fonterra Co-operative Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fonterra Co-operative Group's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fonterra Co-operative Group ranks #556 out of 1881 companies for Days Payable. This puts Fonterra Co-operative Group in the upper half of its industry. The industry median Days Payable is 44.14. Fonterra Co-operative Group's value of 60.16 is 36.3% above this benchmark. Historically, Fonterra Co-operative Group's own Days Payable has ranged from 33.75 to 77.79 over the past decade. While the company's 10-year median is 58.19 vs. the industry median of 44.14, Fonterra Co-operative 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. Fonterra Co-operative Group's current Days Payable of 60.16 is 36.3% 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 Fonterra Co-operative Group and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonterra Co-operative Group's current Days Payable is 60.16, which is near median its own 10-year median of 58.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonterra Co-operative Group stock overvalued right now?
Based on GuruFocus' analysis, Fonterra Co-operative Group (NZSE:FCG) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$2.96, compared to a current price of NZ$4.21 — trading 42.2% above its estimated fair value. The current Days Payable is 60.16, which is near median its 10-year median of 58.19 and 36.3% above the Consumer Packaged Goods industry median of 44.14. Fonterra Co-operative Group's overall GF Score™ is 65/100 with 6 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 Fonterra Co-operative Group (NZSE:FCG), the current Days Payable is 60.16 as of Jan. 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 Fonterra Co-operative Group (NZSE:FCG) Overvalued in 2026?

Based on GuruFocus' analysis, Fonterra Co-operative Group stock appears to be overvalued. The current stock price of NZ$4.21 is trading 42.2% above its estimated GF Value™ of NZ$2.96. GuruFocus considers Fonterra Co-operative Group to be Significantly Overvalued.

Key valuation signals for NZSE:FCG:

  • Days Payable: 60.16 (near median its 10-year median of 58.19)
  • GF Value™: NZ$2.96 vs. price of NZ$4.21 (42.2% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 36.3% above the Consumer Packaged Goods median (#556 of 1881)

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


Fonterra Co-operative Group Business Description

Address 109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets is Asia, China, Australia, New Zealand, the United States, and the Rest of the world.
65GF Score

Get the complete analysis for NZSE:FCG

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

NZ$4.21
Price
NZ$2.96
GF Value