First Philippine Holdings (PHS:FPH) Days Payable: 176.98 (As of Mar. 2026) — 58% Above Median

What is First Philippine Holdings Days Payable?

First Philippine Holdings PHS:FPH 61 Days Payable is 176.98 as of Mar. 2026, which is 58% above its 10-year median of 112.16. GuruFocus rates PHS:FPH with a GF Score™ of 61/100 and a GF Value™ of ₱58.52 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 481 Utilities - Regulated companies, First Philippine Holdings ranks better than 86.07% on this metric.

First Philippine Holdings's average Accounts Payable for the three months ended in Mar. 2026 was ₱25,239 Mil. First Philippine Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱13,013 Mil. Hence, First Philippine Holdings's Days Payable for the three months ended in Mar. 2026 was 176.98.

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

PHS:FPH' s Days Payable Range Over the Past 10 Years
Min: 66.39 Med: 112.16 Max: 270.36
Current: 243.74

During the past 13 years, First Philippine Holdings's highest Days Payable was 270.36. The lowest was 66.39. And the median was 112.16.

PHS:FPH's Days Payable is ranked better than
86.07% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs PHS:FPH: 243.74

First Philippine Holdings's Days Payable declined from Mar. 2025 (280.15) to Mar. 2026 (176.98). It may suggest that First Philippine Holdings accelerated paying its suppliers.

First Philippine Holdings Days Payable Related Terms

First Philippine Holdings Days Payable Historical Data

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The historical data trend for First Philippine Holdings'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 Philippine Holdings Days Payable Chart

First Philippine Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Days Payable

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145.65

109.96

252.74

270.36

217.44

First Philippine Holdings Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Days Payable	Get a 7-Day Free Trial															280.15	78.09	81.66	0.00	176.98

PHS:FPH vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, First Philippine Holdings'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 Philippine Holdings Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, First Philippine Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where First Philippine Holdings's Days Payable falls into.

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61GF Score

First Philippine Holdings Corp PHS:FPH

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

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First Philippine Holdings 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 Philippine Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

	Days Payable (A: Dec. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2024 )	+	Accounts Payable (A: Dec. 2025 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2025 )	*	Days in Period
=	( (33464	+	26960)	/	2 )	/	50714	*	365
=	30212					/	50714	*	365
=	217.44

First Philippine Holdings'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: Dec. 2025 )	+	Accounts Payable (Q: Mar. 2026 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
=	( (26960	+	23518)	/	2 )	/	13013	*	365 / 4
=	25239					/	13013	*	365 / 4
=	176.98

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 176.98 mean?

First Philippine Holdings (PHS:FPH) has a Days Payable of 176.98 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 Philippine Holdings and its competitors. This is 58% above median its historical median of 112.16. Over the past decade, First Philippine Holdings' Days Payable has ranged from 66.39 to 270.36. According to the industry distribution chart, First Philippine Holdings ranks #67 out of 481 companies in the Utilities - Regulated industry, placing it in the top 13.9%.

Is First Philippine Holdings' Days Payable too high?

First Philippine Holdings' current Days Payable of 176.98 is 58% above median its 10-year median of 112.16. Over the past 10 years, this metric has ranged from a low of 66.39 to a high of 270.36. The Utilities - Regulated industry median Days Payable is 70.61. First Philippine Holdings' value of 176.98 is 150.6% above this industry median. Based on the distribution chart, First Philippine Holdings ranks #67 out of 481 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, First Philippine Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does First Philippine Holdings' Days Payable compare to NEE and SO?

According to the Utilities - Regulated industry distribution chart, First Philippine Holdings ranks #67 out of 481 companies for Days Payable. This places First Philippine Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.61. First Philippine Holdings' value of 176.98 is 150.6% above this benchmark. Historically, First Philippine Holdings' own Days Payable has ranged from 66.39 to 270.36 over the past decade. While the company's 10-year median is 112.16 vs. the industry median of 70.61, First Philippine Holdings 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. First Philippine Holdings's current Days Payable of 176.98 is 150.6% 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 Philippine Holdings 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. First Philippine Holdings's current Days Payable is 176.98, which is 58% above median its own 10-year median of 112.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Philippine Holdings stock overvalued right now?

Based on GuruFocus' analysis, First Philippine Holdings (PHS:FPH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱58.52, compared to a current price of ₱80.00 — trading 36.7% above its estimated fair value. The current Days Payable is 176.98, which is 58% above median its 10-year median of 112.16 and 150.6% above the Utilities - Regulated industry median of 70.61. First Philippine Holdings' overall GF Score™ is 61/100 with 8 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 Philippine Holdings (PHS:FPH), the current Days Payable is 176.98 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 Philippine Holdings (PHS:FPH) Overvalued in 2026?

Based on GuruFocus' analysis, First Philippine Holdings stock appears to be overvalued. The current stock price of ₱80.00 is trading 36.7% above its estimated GF Value™ of ₱58.52. GuruFocus considers First Philippine Holdings to be Significantly Overvalued.

Key valuation signals for PHS:FPH:

Days Payable: 176.98 (58% above median its 10-year median of 112.16)
GF Value™: ₱58.52 vs. price of ₱80.00 (36.7% above fair value)
GF Score™: 61/100 with 8 warning signs
Industry Position: 150.6% above the Utilities - Regulated median (#67 of 481)

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

First Philippine Holdings Business Description

Industry Utilities Utilities - Regulated

Comparable Companies PHS:VVT PHS:SPC PHS:ACR PHS:JOH PHS:SGP NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE BOM:532555 PEG ED WEC PCG

Other Exchanges FPHPC.PFD:Philippines

Address Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604

Website https://www.fphc.com

First Philippine Holdings Corporation are engaged mainly in, but not limited to, power generation, real estate development, energy solutions, construction and other service industries. The company's segments its activities into Power Generation, Real Estate Development, Energy Solutions, Construction, and other services. The majority of revenue comes from Power Generation segment. The Power generation has one geographical segment. Real Estate Development has presence in National Capital Region, Central Luzon, Southern Luzon, Central Visayas, Western Visayas of which majority of revenue comes from National capital region.

61GF Score

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

₱80.00

Price

₱58.52

GF Value

View PHS:FPH Analysis

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