Dexus Industria REIT (ASX:DXI) Days Payable: 132.83 (As of Dec. 2025) — 1105% Above Median


ASX:DXI Dexus Industria REIT ASX:DXI
77 GF Score
Price A$2.50
GF Value A$3.61
Valuation Possible Value Trap
! 7 Warning Signs
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What is Dexus Industria REIT Days Payable?

Dexus Industria REIT ASX:DXI +1.21% 77 Days Payable is 132.83 as of Dec. 2025, which is 1105% above its 10-year median of 11.02. GuruFocus rates ASX:DXI with a GF Score™ of 77/100 and a GF Value™ of A$3.61 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 550 REITs companies, Dexus Industria REIT ranks better than 62.73% on this metric.

Dexus Industria REIT's average Accounts Payable for the six months ended in Dec. 2025 was A$6.01 Mil. Dexus Industria REIT's Cost of Goods Sold for the six months ended in Dec. 2025 was A$8.25 Mil. Hence, Dexus Industria REIT's Days Payable for the six months ended in Dec. 2025 was 132.83.

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

ASX:DXI' s Days Payable Range Over the Past 10 Years
Min: 2.83   Med: 11.02   Max: 158.5
Current: 158.5

During the past 12 years, Dexus Industria REIT's highest Days Payable was 158.50. The lowest was 2.83. And the median was 11.02.

ASX:DXI's Days Payable is ranked better than
62.73% of 550 companies
in the REITs industry
Industry Median: 119.71 vs ASX:DXI: 158.50

Dexus Industria REIT's Days Payable increased from Dec. 2024 (125.17) to Dec. 2025 (132.83). It may suggest that Dexus Industria REIT delayed paying its suppliers.


Dexus Industria REIT Days Payable Historical Data

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The historical data trend for Dexus Industria 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.

Dexus Industria REIT Days Payable Chart

Dexus Industria 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 15.87 25.71 22.05 11.82 10.87

Dexus Industria 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 147.32 148.45 125.17 112.45 132.83

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

For the REIT - Industrial subindustry, Dexus Industria 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.


Dexus Industria REIT Days Payable vs REITs Industry

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

* The bar in red indicates where Dexus Industria REIT's Days Payable falls into.


ASX:DXI
77GF Score
Dexus Industria REIT ASX:DXI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dexus Industria 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.

Dexus Industria 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
=( (0.651 + 0.53) / 2 ) / 19.82*365
=0.5905 / 19.82*365
=10.87

Dexus Industria 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
=( (0.53 + 11.485) / 2 ) / 8.254*365 / 2
=6.0075 / 8.254*365 / 2
=132.83

* 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 132.83 mean?
Dexus Industria REIT (ASX:DXI) has a Days Payable of 132.83 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 Dexus Industria REIT and its competitors. This is 1105% above median its historical median of 11.02. Over the past decade, Dexus Industria REIT's Days Payable has ranged from 2.83 to 158.50. According to the industry distribution chart, Dexus Industria REIT ranks #205 out of 550 companies in the REITs industry, placing it in the top 37.3%.
Is Dexus Industria REIT's Days Payable too high?
Dexus Industria REIT's current Days Payable of 132.83 is 1105% above median its 10-year median of 11.02. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 158.50. The REITs industry median Days Payable is 119.71. Dexus Industria REIT's value of 132.83 is 11% above this industry median. Based on the distribution chart, Dexus Industria REIT ranks #205 out of 550 companies in the REITs industry, which is above the industry midpoint. Overall, Dexus Industria REIT has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexus Industria REIT's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, Dexus Industria REIT ranks #205 out of 550 companies for Days Payable. This puts Dexus Industria REIT in the upper half of its industry. The industry median Days Payable is 119.71. Dexus Industria REIT's value of 132.83 is 11% above this benchmark. Historically, Dexus Industria REIT's own Days Payable has ranged from 2.83 to 158.50 over the past decade. While the company's 10-year median is 11.02 vs. the industry median of 119.71, Dexus Industria 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 119.71, based on 550 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. Dexus Industria REIT's current Days Payable of 132.83 is 11% 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 Dexus Industria REIT and its competitors. For the REITs industry, the median Days Payable is 119.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexus Industria REIT's current Days Payable is 132.83, which is 1105% above median its own 10-year median of 11.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus Industria REIT stock overvalued right now?
Based on GuruFocus' analysis, Dexus Industria REIT (ASX:DXI) is currently considered Possible Value Trap. The stock's GF Value™ is A$3.61, compared to a current price of A$2.50 — trading 30.7% below its estimated fair value. The current Days Payable is 132.83, which is 1105% above median its 10-year median of 11.02 and 11% above the REITs industry median of 119.71. Dexus Industria REIT's overall GF Score™ is 77/100 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 Dexus Industria REIT (ASX:DXI), the current Days Payable is 132.83 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 Dexus Industria REIT (ASX:DXI) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus Industria REIT stock appears to be undervalued. The current stock price of A$2.50 is trading 30.7% below its estimated GF Value™ of A$3.61. GuruFocus considers Dexus Industria REIT to be Possible Value Trap.

Key valuation signals for ASX:DXI:

  • Days Payable: 132.83 (1105% above median its 10-year median of 11.02)
  • GF Value™: A$3.61 vs. price of A$2.50 (30.7% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 11% above the REITs median (#205 of 550)

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


Dexus Industria REIT Business Description

Industry Real EstateREITs
Address 50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000
Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakot precinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industria was rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industria is externally managed by Dexus, which holds a 18% stake in the REIT.
77GF Score

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

A$2.50
Price
A$3.61
GF Value