Equites Property Fund (JSE:EQU) Accounts Payable: R376 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:EQU Equites Property Fund Ltd JSE:EQU
83 GF Score
Price R17.75
GF Value R12.12
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Equites Property Fund Accounts Payable?

Equites Property Fund JSE:EQU -0.56% 83 Accounts Payable is R376 Mil as of Feb. 2026. GuruFocus rates JSE:EQU with a GF Score™ of 83/100 and a GF Value™ of R12.12 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Equites Property Fund's Accounts Payable for the quarter that ended in Feb. 2026 was R376 Mil.

Equites Property Fund's quarterly Accounts Payable declined from Feb. 2025 (R814 Mil) to Aug. 2025 (R454 Mil) and declined from Aug. 2025 (R454 Mil) to Feb. 2026 (R376 Mil).

Equites Property Fund's annual Accounts Payable declined from Feb. 2024 (R889 Mil) to Feb. 2025 (R814 Mil) and declined from Feb. 2025 (R814 Mil) to Feb. 2026 (R376 Mil).

Equites Property Fund Accounts Payable Related Terms

Equites Property Fund Accounts Payable Historical Data

* Premium members only.

The historical data trend for Equites Property Fund's Accounts 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.

Equites Property Fund Accounts Payable Chart

Equites Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 572.36 472.63 889.40 814.04 376.29

Equites Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Accounts 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 889.40 734.10 814.04 454.41 376.29
JSE:EQU
83GF Score
Equites Property Fund Ltd JSE:EQU
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equites Property Fund Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of R376 Mil mean?
Equites Property Fund (JSE:EQU) has a Accounts Payable of R376 Mil as of Feb. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Equites Property Fund and its competitors.
Is Equites Property Fund's Accounts Payable too high?
Equites Property Fund's current Accounts Payable is R376 Mil. Overall, Equites Property Fund has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equites Property Fund's Accounts Payable compare to PLD and PSA?
Equites Property Fund's Accounts Payable of R376 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a REITs company?
A good Accounts Payable depends on the REITs industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Equites Property Fund and its competitors. Equites Property Fund's current Accounts Payable is R376 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equites Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Equites Property Fund (JSE:EQU) is currently considered Significantly Overvalued. The stock's GF Value™ is R12.12, compared to a current price of R17.75 — trading 46.5% above its estimated fair value. The current Accounts Payable is R376 Mil. Equites Property Fund's overall GF Score™ is 83/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Equites Property Fund (JSE:EQU), the current Accounts Payable is R376 Mil as of Feb. 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 Equites Property Fund (JSE:EQU) Overvalued in 2026?

Based on GuruFocus' analysis, Equites Property Fund stock appears to be overvalued. The current stock price of R17.75 is trading 46.5% above its estimated GF Value™ of R12.12. GuruFocus considers Equites Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EQU:

  • Accounts Payable: R376 Mil
  • GF Value™: R12.12 vs. price of R17.75 (46.5% above fair value)
  • GF Score™: 83/100 with 12 warning signs

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

Equites Property Fund Business Description

Industry Real EstateREITs
Address 4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd generates rental income from investment in and development of modern logistics facilities. Its business activities include development, acquisition of vacant land and brownfield opportunities, acquisition of tenanted property, property management, and capital management. The Group operates through three reportable segments: SA Industrial, generate maximum revenue, which incorporates all the SA industrial and logistics assets; UK Developer, which relates to the disposal of land and turnkey developments; and Other, which comprises non-property-related activities. The Group has industrial and logistics assets in the Western Cape, Eastern Cape, Gauteng, and KwaZulu-Natal, and one ongoing development site in the UK.
83GF Score

Get the complete analysis for JSE:EQU

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

R17.75
Price
R12.12
GF Value