Centuria Industrial REIT (ASX:CIP) Days Payable: 474.21 (As of Dec. 2025) — 129% Above Median

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ASX:CIP Centuria Industrial REIT ASX:CIP
80 GF Score
Price A$2.98
GF Value A$2.87
Valuation Fairly Valued
! 6 Warning Signs
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What is Centuria Industrial REIT Days Payable?

Centuria Industrial REIT ASX:CIP -1.65% 80 Days Payable is 474.21 as of Dec. 2025, which is 129% above its 10-year median of 207.04. GuruFocus rates ASX:CIP with a GF Score™ of 80/100 and a GF Value™ of A$2.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 548 REITs companies, Centuria Industrial REIT ranks better than 88.69% on this metric.

Centuria Industrial REIT's average Accounts Payable for the six months ended in Dec. 2025 was A$30.7 Mil. Centuria Industrial REIT's Cost of Goods Sold for the six months ended in Dec. 2025 was A$11.8 Mil. Hence, Centuria Industrial REIT's Days Payable for the six months ended in Dec. 2025 was 474.21.

The historical rank and industry rank for Centuria Industrial REIT's Days Payable or its related term are showing as below:

ASX:CIP' s Days Payable Range Over the Past 10 Years
Min: 17.33   Med: 207.04   Max: 545.38
Current: 545.38

During the past 13 years, Centuria Industrial REIT's highest Days Payable was 545.38. The lowest was 17.33. And the median was 207.04.

ASX:CIP's Days Payable is ranked better than
88.69% of 548 companies
in the REITs industry
Industry Median: 119.435 vs ASX:CIP: 545.38

Centuria Industrial REIT's Days Payable increased from Dec. 2024 (467.27) to Dec. 2025 (474.21). It may suggest that Centuria Industrial REIT delayed paying its suppliers.


Centuria Industrial REIT Days Payable Historical Data

* Premium members only.

The historical data trend for Centuria Industrial REIT'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.

Centuria Industrial REIT Days Payable Chart

Centuria Industrial REIT 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 148.71 182.63 231.44 258.78 311.84

Centuria Industrial REIT 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 399.99 411.69 467.27 522.34 474.21

ASX:CIP vs PLD, PSA, EXR: Days Payable Comparison

For the REIT - Industrial subindustry, Centuria Industrial REIT'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.


Centuria Industrial REIT Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Centuria Industrial REIT's Days Payable distribution charts can be found below:

* The bar in red indicates where Centuria Industrial REIT's Days Payable falls into.


ASX:CIP
80GF Score
Centuria Industrial REIT ASX:CIP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Centuria Industrial REIT 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.

Centuria Industrial REIT'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
=( (16.725 + 22.615) / 2 ) / 23.023*365
=19.67 / 23.023*365
=311.84

Centuria Industrial REIT'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
=( (22.615 + 38.816) / 2 ) / 11.821*365 / 2
=30.7155 / 11.821*365 / 2
=474.21

* 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 474.21 mean?
Centuria Industrial REIT (ASX:CIP) has a Days Payable of 474.21 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 Centuria Industrial REIT and its competitors. This is 129% above median its historical median of 207.04. Over the past decade, Centuria Industrial REIT's Days Payable has ranged from 17.33 to 545.38. According to the industry distribution chart, Centuria Industrial REIT ranks #62 out of 548 companies in the REITs industry, placing it in the top 11.3%.
Is Centuria Industrial REIT's Days Payable too high?
Centuria Industrial REIT's current Days Payable of 474.21 is 129% above median its 10-year median of 207.04. Over the past 10 years, this metric has ranged from a low of 17.33 to a high of 545.38. The REITs industry median Days Payable is 119.44. Centuria Industrial REIT's value of 474.21 is 297% above this industry median. Based on the distribution chart, Centuria Industrial REIT ranks #62 out of 548 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Centuria Industrial REIT has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Centuria Industrial REIT's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, Centuria Industrial REIT ranks #62 out of 548 companies for Days Payable. This places Centuria Industrial REIT in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.44. Centuria Industrial REIT's value of 474.21 is 297% above this benchmark. Historically, Centuria Industrial REIT's own Days Payable has ranged from 17.33 to 545.38 over the past decade. While the company's 10-year median is 207.04 vs. the industry median of 119.44, Centuria Industrial REIT 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 119.44, 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. Centuria Industrial REIT's current Days Payable of 474.21 is 297% 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 Centuria Industrial REIT and its competitors. For the REITs industry, the median Days Payable is 119.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centuria Industrial REIT's current Days Payable is 474.21, which is 129% above median its own 10-year median of 207.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuria Industrial REIT stock overvalued right now?
Based on GuruFocus' analysis, Centuria Industrial REIT (ASX:CIP) is currently considered Fairly Valued. The stock's GF Value™ is A$2.87, compared to a current price of A$2.98 — trading 3.8% above its estimated fair value. The current Days Payable is 474.21, which is 129% above median its 10-year median of 207.04 and 297% above the REITs industry median of 119.44. Centuria Industrial REIT's overall GF Score™ is 80/100 with 6 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 Centuria Industrial REIT (ASX:CIP), the current Days Payable is 474.21 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 Centuria Industrial REIT (ASX:CIP) Overvalued in 2026?

Based on GuruFocus' analysis, Centuria Industrial REIT stock appears to be overvalued. The current stock price of A$2.98 is trading 3.8% above its estimated GF Value™ of A$2.87. GuruFocus considers Centuria Industrial REIT to be Fairly Valued.

Key valuation signals for ASX:CIP:

  • Days Payable: 474.21 (129% above median its 10-year median of 207.04)
  • GF Value™: A$2.87 vs. price of A$2.98 (3.8% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 297% above the REITs median (#62 of 548)

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


Centuria Industrial REIT Business Description

Industry Real EstateREITs
Address Level 41, 2 Chifley Square, Chifley Tower, Sydney, NSW, AUS, 2000
Centuria Industrial REIT owns a AUD 4 billion portfolio of industrial properties, including distribution centers, manufacturing facilities, and data centers. Melbourne and Sydney are its biggest markets at more than a third of portfolio value each, followed by Brisbane, Perth and Adelaide. The trust is externally managed by Centuria Capital Group (ASX: CNI).
80GF Score

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

A$2.98
Price
A$2.87
GF Value