Carindale Property Trust (ASX:CDP) Days Payable: 166.35 (As of Dec. 2025) — 796% Above Median


ASX:CDP Carindale Property Trust ASX:CDP
60 GF Score
Price A$5.74
GF Value A$3.43
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Carindale Property Trust Days Payable?

Carindale Property Trust ASX:CDP +0.17% 60 Days Payable is 166.35 as of Dec. 2025, which is 796% above its 10-year median of 18.56. GuruFocus rates ASX:CDP with a GF Score™ of 60/100 and a GF Value™ of A$3.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 548 REITs companies, Carindale Property Trust ranks better than 70.8% on this metric.

Carindale Property Trust's average Accounts Payable for the six months ended in Dec. 2025 was A$10.62 Mil. Carindale Property Trust's Cost of Goods Sold for the six months ended in Dec. 2025 was A$11.65 Mil. Hence, Carindale Property Trust's Days Payable for the six months ended in Dec. 2025 was 166.35.

The historical rank and industry rank for Carindale Property Trust's Days Payable or its related term are showing as below:

ASX:CDP' s Days Payable Range Over the Past 10 Years
Min: 0.51   Med: 18.56   Max: 224.19
Current: 224.19

During the past 13 years, Carindale Property Trust's highest Days Payable was 224.19. The lowest was 0.51. And the median was 18.56.

ASX:CDP's Days Payable is ranked better than
70.8% of 548 companies
in the REITs industry
Industry Median: 119.835 vs ASX:CDP: 224.19

Carindale Property Trust's Days Payable declined from Dec. 2024 (177.83) to Dec. 2025 (166.35). It may suggest that Carindale Property Trust accelerated paying its suppliers.


Carindale Property Trust Days Payable Historical Data

* Premium members only.

The historical data trend for Carindale Property Trust'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.

Carindale Property Trust Days Payable Chart

Carindale Property Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.34 5.74 3.94 0.51 1.16

Carindale Property Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only 174.08 173.82 177.83 170.67 166.35

ASX:CDP vs SPG, O, KIM: Days Payable Comparison

For the REIT - Retail subindustry, Carindale Property Trust'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.


Carindale Property Trust Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Carindale Property Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where Carindale Property Trust's Days Payable falls into.


ASX:CDP
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Carindale Property Trust ASX:CDP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Carindale Property Trust 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.

Carindale Property Trust's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (0.05 + 0.096) / 2 ) / 22.902*365
=0.073 / 22.902*365
=1.16

Carindale Property Trust's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.096 + 21.137) / 2 ) / 11.647*365 / 2
=10.6165 / 11.647*365 / 2
=166.35

* 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 166.35 mean?
Carindale Property Trust (ASX:CDP) has a Days Payable of 166.35 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Carindale Property Trust and its competitors. This is 796% above median its historical median of 18.56. Over the past decade, Carindale Property Trust's Days Payable has ranged from 0.51 to 224.19. According to the industry distribution chart, Carindale Property Trust ranks #160 out of 548 companies in the REITs industry, placing it in the top 29.2%.
Is Carindale Property Trust's Days Payable too high?
Carindale Property Trust's current Days Payable of 166.35 is 796% above median its 10-year median of 18.56. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 224.19. The REITs industry median Days Payable is 119.84. Carindale Property Trust's value of 166.35 is 38.8% above this industry median. Based on the distribution chart, Carindale Property Trust ranks #160 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, Carindale Property Trust has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's Days Payable compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #160 out of 548 companies for Days Payable. This puts Carindale Property Trust in the upper half of its industry. The industry median Days Payable is 119.84. Carindale Property Trust's value of 166.35 is 38.8% above this benchmark. Historically, Carindale Property Trust's own Days Payable has ranged from 0.51 to 224.19 over the past decade. While the company's 10-year median is 18.56 vs. the industry median of 119.84, Carindale Property Trust 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 a REITs company?
The median Days Payable among REITs companies is 119.84, based on 548 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. Carindale Property Trust's current Days Payable of 166.35 is 38.8% 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 Carindale Property Trust and its competitors. For the REITs industry, the median Days Payable is 119.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current Days Payable is 166.35, which is 796% above median its own 10-year median of 18.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.43, compared to a current price of A$5.74 — trading 67.3% above its estimated fair value. The current Days Payable is 166.35, which is 796% above median its 10-year median of 18.56 and 38.8% above the REITs industry median of 119.84. Carindale Property Trust's overall GF Score™ is 60/100 with 7 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 Carindale Property Trust (ASX:CDP), the current Days Payable is 166.35 as of Dec. 2025. 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 Carindale Property Trust (ASX:CDP) Overvalued in 2026?

Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued. The current stock price of A$5.74 is trading 67.3% above its estimated GF Value™ of A$3.43. GuruFocus considers Carindale Property Trust to be Significantly Overvalued.

Key valuation signals for ASX:CDP:

  • Days Payable: 166.35 (796% above median its 10-year median of 18.56)
  • GF Value™: A$3.43 vs. price of A$5.74 (67.3% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 38.8% above the REITs median (#160 of 548)

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


Carindale Property Trust Business Description

Industry Real EstateREITs
Address 85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
60GF Score

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

A$5.74
Price
A$3.43
GF Value