Hankyu Hanshin REIT (TSE:8977) Accounts Payable: 円819 Mil (As of May. 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.

TSE:8977 Hankyu Hanshin REIT Inc TSE:8977
58 GF Score
Price 円139,200.00
GF Value 円154,146.28
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hankyu Hanshin REIT Accounts Payable?

Hankyu Hanshin REIT TSE:8977 +0.72% 58 Accounts Payable is 円819 Mil as of May. 2026. GuruFocus rates TSE:8977 with a GF Score™ of 58/100 and a GF Value™ of 円154,146.28 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Hankyu Hanshin REIT's Accounts Payable for the quarter that ended in May. 2026 was 円819 Mil.

Hankyu Hanshin REIT's quarterly Accounts Payable increased from May. 2025 (円858 Mil) to Nov. 2025 (円1,041 Mil) but then declined from Nov. 2025 (円1,041 Mil) to May. 2026 (円819 Mil).

Hankyu Hanshin REIT's annual Accounts Payable declined from Nov. 2023 (円1,238 Mil) to Nov. 2024 (円1,079 Mil) and declined from Nov. 2024 (円1,079 Mil) to Nov. 2025 (円1,041 Mil).

Hankyu Hanshin REIT Accounts Payable Related Terms

Hankyu Hanshin REIT Accounts Payable Historical Data

* Premium members only.

The historical data trend for Hankyu Hanshin REIT'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.

Hankyu Hanshin REIT Accounts Payable Chart

Hankyu Hanshin REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 942.05 756.44 1,237.62 1,079.42 1,041.05

Hankyu Hanshin REIT Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 865.32 1,079.42 858.37 1,041.05 818.63
TSE:8977
58GF Score
Hankyu Hanshin REIT Inc TSE:8977
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hankyu Hanshin REIT 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 円819 Mil mean?
Hankyu Hanshin REIT (TSE:8977) has a Accounts Payable of 円819 Mil as of May. 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 Hankyu Hanshin REIT and its competitors.
Is Hankyu Hanshin REIT's Accounts Payable too high?
Hankyu Hanshin REIT's current Accounts Payable is 円819 Mil. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's Accounts Payable compare to VICI and WPC?
Hankyu Hanshin REIT's Accounts Payable of 円819 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 Hankyu Hanshin REIT and its competitors. Hankyu Hanshin REIT's current Accounts Payable is 円819 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円154,146.28, compared to a current price of 円139,200.00 — trading 9.7% below its estimated fair value. The current Accounts Payable is 円819 Mil. Hankyu Hanshin REIT's overall GF Score™ is 58/100 with 4 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 Hankyu Hanshin REIT (TSE:8977), the current Accounts Payable is 円819 Mil as of May. 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?

Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued. The current stock price of 円139,200.00 is trading 9.7% below its estimated GF Value™ of 円154,146.28. GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.

Key valuation signals for TSE:8977:

  • Accounts Payable: 円819 Mil
  • GF Value™: 円154,146.28 vs. price of 円139,200.00 (9.7% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hankyu Hanshin REIT Business Description

Industry Real EstateREITs
Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
58GF Score

Get the complete analysis for TSE:8977

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

円139,200.00
Price
円154,146.28
GF Value