FirstServiceTSX:FSV +3.43%82 Days Payable is 17.17 as of Mar. 2026, which is 10% above its 10-year median of 15.54. GuruFocus rates TSX:FSV with a GF Score™ of 82/100 and a GF Value™ of C$275.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,571 Real Estate companies, FirstService ranks worse than 89.12% on this metric.
The historical rank and industry rank for FirstService's Days Payable or its related term are showing as below:
TSX:FSV'
s Days Payable Range Over the Past 10 Years
Min: 9.94 Med: 15.54 Max: 17.24
Current: 16.86
During the past 13 years, FirstService's highest Days Payable was 17.24. The lowest was 9.94. And the median was 15.54.
TSX:FSV's Days Payable is ranked worse than 89.12% of 1571
companies
in the Real Estate industry
Industry Median: 94.38
vs TSX:FSV: 16.86
FirstService's Days Payable
declined
from Mar. 2025 (18.14) to Mar. 2026 (17.17).
It may suggest that FirstServiceaccelerated paying its suppliers.
FirstService Days Payable Related Terms
FirstService Days Payable Historical Data
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The historical data trend for FirstService'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 Real Estate Services subindustry, FirstService'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.
FirstService Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FirstService's Days Payable distribution charts can be found below:
* The bar in red indicates where FirstService'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.
FirstService'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.
FirstService (TSX:FSV) has a Days Payable of 17.17 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 FirstService and its competitors. This is 10% above median its historical median of 15.54. Over the past decade, FirstService's Days Payable has ranged from 9.94 to 17.24. According to the industry distribution chart, FirstService ranks #1400 out of 1571 companies in the Real Estate industry, placing it in the top 89.1%.
Is FirstService's Days Payable too high?
FirstService's current Days Payable of 17.17 is 10% above median its 10-year median of 15.54. Over the past 10 years, this metric has ranged from a low of 9.94 to a high of 17.24. The Real Estate industry median Days Payable is 94.38. FirstService's value of 17.17 is 81.8% below this industry median. Based on the distribution chart, FirstService ranks #1400 out of 1571 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, FirstService has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FirstService's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, FirstService ranks #1400 out of 1571 companies for Days Payable. This places FirstService in the lower half of its industry. The industry median Days Payable is 94.38. FirstService's value of 17.17 is 81.8% below this benchmark. Historically, FirstService's own Days Payable has ranged from 9.94 to 17.24 over the past decade. While the company's 10-year median is 15.54 vs. the industry median of 94.38, FirstService 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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. FirstService's current Days Payable of 17.17 is 81.8% 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 FirstService and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstService's current Days Payable is 17.17, which is 10% above median its own 10-year median of 15.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstService stock overvalued right now?
Based on GuruFocus' analysis, FirstService (TSX:FSV) is currently considered Modestly Undervalued. The stock's GF Value™ is C$275.41, compared to a current price of C$199.77 — trading 27.5% below its estimated fair value. The current Days Payable is 17.17, which is 10% above median its 10-year median of 15.54 and 81.8% below the Real Estate industry median of 94.38. FirstService's overall GF Score™ is 82/100 with 3 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 FirstService (TSX:FSV), the current Days Payable is 17.17 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 FirstService (TSX:FSV) Overvalued in 2026?
Based on GuruFocus' analysis, FirstService stock appears to be undervalued.
The current stock price of C$199.77 is trading 27.5% below its estimated GF Value™ of C$275.41.
GuruFocus considers FirstService to be Modestly Undervalued.
Key valuation signals for TSX:FSV:
Days Payable: 17.17 (10% above median its 10-year median of 15.54)
GF Value™: C$275.41 vs. price of C$199.77 (27.5% below fair value)
Industry Position: 81.8% below the Real Estate median (#1400 of 1571)
No single metric tells the full story. See the TSX:FSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FirstService Corp is engaged in outsourcing property services. The company operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high and low-rise condominiums and co-operatives. FirstService Brands generates the majority of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.
82GF Score
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