First Milling Co (SAU:2283) Days Payable: 36.58 (As of Mar. 2026) — Near Median

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SAU:2283 First Milling Co SAU:2283
62 GF Score
Price ﷼52.00
GF Value ﷼73.68
Valuation Modestly Undervalued
! 4 Warning Signs
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What is First Milling Co Days Payable?

First Milling Co SAU:2283 -1.70% 62 Days Payable is 36.58 as of Mar. 2026, which is 0% below its 10-year median of 36.68. GuruFocus rates SAU:2283 with a GF Score™ of 62/100 and a GF Value™ of ﷼73.68 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,888 Consumer Packaged Goods companies, First Milling Co ranks worse than 61.76% on this metric.

First Milling Co's average Accounts Payable for the three months ended in Mar. 2026 was ﷼78 Mil. First Milling Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ﷼196 Mil. Hence, First Milling Co's Days Payable for the three months ended in Mar. 2026 was 36.58.

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

SAU:2283' s Days Payable Range Over the Past 10 Years
Min: 30.82   Med: 36.68   Max: 47.21
Current: 35.64

During the past 5 years, First Milling Co's highest Days Payable was 47.21. The lowest was 30.82. And the median was 36.68.

SAU:2283's Days Payable is ranked worse than
61.76% of 1888 companies
in the Consumer Packaged Goods industry
Industry Median: 44.05 vs SAU:2283: 35.64

First Milling Co's Days Payable increased from Mar. 2025 (34.79) to Mar. 2026 (36.58). It may suggest that First Milling Co delayed paying its suppliers.


First Milling Co Days Payable Historical Data

* Premium members only.

The historical data trend for First Milling Co'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 Milling Co Days Payable Chart

First Milling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
47.21 37.11 30.82 33.63 36.68

First Milling Co Quarterly Data
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 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 34.79 36.07 34.46 33.40 36.58

SAU:2283 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, First Milling Co'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 Milling Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Milling Co's Days Payable distribution charts can be found below:

* The bar in red indicates where First Milling Co's Days Payable falls into.


SAU:2283
62GF Score
First Milling Co SAU:2283
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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First Milling Co 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 Milling Co'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
=( (60.134 + 73.372) / 2 ) / 664.171*365
=66.753 / 664.171*365
=36.68

First Milling Co'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
=( (73.372 + 83.391) / 2 ) / 195.511*365 / 4
=78.3815 / 195.511*365 / 4
=36.58

* 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 36.58 mean?
First Milling Co (SAU:2283) has a Days Payable of 36.58 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 Milling Co and its competitors. This is near median its historical median of 36.68. Over the past decade, First Milling Co's Days Payable has ranged from 30.82 to 47.21. According to the industry distribution chart, First Milling Co ranks #1166 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 61.8%.
Is First Milling Co's Days Payable too high?
First Milling Co's current Days Payable of 36.58 is near median its 10-year median of 36.68. Over the past 10 years, this metric has ranged from a low of 30.82 to a high of 47.21. The Consumer Packaged Goods industry median Days Payable is 44.05. First Milling Co's value of 36.58 is 17% below this industry median. Based on the distribution chart, First Milling Co ranks #1166 out of 1888 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, First Milling Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Milling Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Milling Co ranks #1166 out of 1888 companies for Days Payable. This places First Milling Co in the lower half of its industry. The industry median Days Payable is 44.05. First Milling Co's value of 36.58 is 17% below this benchmark. Historically, First Milling Co's own Days Payable has ranged from 30.82 to 47.21 over the past decade. While the company's 10-year median is 36.68 vs. the industry median of 44.05, First Milling Co 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 44.05, based on 1,888 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 Milling Co's current Days Payable of 36.58 is 17% 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 First Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Milling Co's current Days Payable is 36.58, which is near median its own 10-year median of 36.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Milling Co stock overvalued right now?
Based on GuruFocus' analysis, First Milling Co (SAU:2283) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼73.68, compared to a current price of ﷼52.00 — trading 29.4% below its estimated fair value. The current Days Payable is 36.58, which is near median its 10-year median of 36.68 and 17% below the Consumer Packaged Goods industry median of 44.05. First Milling Co's overall GF Score™ is 62/100 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 Milling Co (SAU:2283), the current Days Payable is 36.58 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 Milling Co (SAU:2283) Overvalued in 2026?

Based on GuruFocus' analysis, First Milling Co stock appears to be undervalued. The current stock price of ﷼52.00 is trading 29.4% below its estimated GF Value™ of ﷼73.68. GuruFocus considers First Milling Co to be Modestly Undervalued.

Key valuation signals for SAU:2283:

  • Days Payable: 36.58 (near median its 10-year median of 36.68)
  • GF Value™: ﷼73.68 vs. price of ﷼52.00 (29.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 17% below the Consumer Packaged Goods median (#1166 of 1888)

No single metric tells the full story. See the SAU:2283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Milling Co Business Description

Address Jeddah Islamic Port, between gates 7 and 8, PO Box: 16165, Jeddah, SAU, 22312
First Milling Co is principally engaged in flour production and related wheat products, feed and bran within the Kingdom of Saudi Arabia. It serves various business clients, including factories, commercial bakeries, restaurants, and catering companies, as well as other clients such as wholesalers, modern and traditional traders, farmers, feed distributors, and retailers. The company operates in four regions in the Kingdom of Saudi Arabia, which are its reportable segments, namely Jeddah, Qassim, Tabuk and Al Ahsa. The majority of revenue is derived from the production of flour, feed and bran in Jeddah.
62GF Score

Get the complete analysis for SAU:2283

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

﷼52.00
Price
﷼73.68
GF Value