Millionaire Property Fund (BKK:MIPF) Days Payable: 0.00 (As of Mar. 2026)


BKK:MIPF Millionaire Property Fund BKK:MIPF
79 GF Score
Price ฿9.20
GF Value ฿10.93
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Millionaire Property Fund Days Payable?

Millionaire Property Fund BKK:MIPF 79 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates BKK:MIPF with a GF Score™ of 79/100 and a GF Value™ of ฿10.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 549 REITs companies, Millionaire Property Fund ranks worse than 182149.18% on this metric.

Millionaire Property Fund's average Accounts Payable for the three months ended in Mar. 2026 was ฿0.0 Mil. Millionaire Property Fund's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿22.3 Mil. Hence, Millionaire Property Fund's Days Payable for the three months ended in Mar. 2026 was 0.00.

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

BKK:MIPF's Days Payable is not ranked *
in the REITs industry.
Industry Median: 119.66
* Ranked among companies with meaningful Days Payable only.

Millionaire Property Fund's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same


Millionaire Property Fund Days Payable Historical Data

* Premium members only.

The historical data trend for Millionaire Property Fund'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.

Millionaire Property Fund Days Payable Chart

Millionaire Property Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Millionaire Property Fund Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

BKK:MIPF vs BXP, ARE, VNO: Days Payable Comparison

For the REIT - Office subindustry, Millionaire Property Fund'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.


Millionaire Property Fund Days Payable vs REITs Industry

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

* The bar in red indicates where Millionaire Property Fund's Days Payable falls into.


BKK:MIPF
79GF Score
Millionaire Property Fund BKK:MIPF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Millionaire Property Fund 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.

Millionaire Property Fund's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 102.162*365
=0 / 102.162*365
=0.00

Millionaire Property Fund's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 22.333*365 / 4
=0 / 22.333*365 / 4
=0.00

* 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 0.00 mean?
Millionaire Property Fund (BKK:MIPF) has a Days Payable of 0.00 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Millionaire Property Fund and its competitors. According to the industry distribution chart, Millionaire Property Fund ranks #999999 out of 549 companies in the REITs industry.
Is Millionaire Property Fund's Days Payable too high?
Millionaire Property Fund's current Days Payable is 0.00. Based on the distribution chart, Millionaire Property Fund ranks #999999 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Millionaire Property Fund has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Millionaire Property Fund's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, Millionaire Property Fund ranks #999999 out of 549 companies for Days Payable. This places Millionaire Property Fund in the lower half of its industry. The industry median Days Payable is 119.66. 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 119.66, based on 549 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. 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 Millionaire Property Fund and its competitors. For the REITs industry, the median Days Payable is 119.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millionaire Property Fund's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millionaire Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Millionaire Property Fund (BKK:MIPF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.93, compared to a current price of ฿9.20 — trading 15.8% below its estimated fair value. The current Days Payable is 0.00. Millionaire Property Fund's overall GF Score™ is 79/100 with 2 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 Millionaire Property Fund (BKK:MIPF), the current Days Payable is 0.00 as of Mar. 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 Millionaire Property Fund (BKK:MIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Millionaire Property Fund stock appears to be undervalued. The current stock price of ฿9.20 is trading 15.8% below its estimated GF Value™ of ฿10.93. GuruFocus considers Millionaire Property Fund to be Modestly Undervalued.

Key valuation signals for BKK:MIPF:

  • Days Payable: 0.00
  • GF Value™: ฿10.93 vs. price of ฿9.20 (15.8% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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


Millionaire Property Fund Business Description

Industry Real EstateREITs
Address Rama 1 Road, 989 Siam Piwat Tower, 9th, 24th Floor, Pathumwan, Bangkok, THA, 10330
Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize funds from the sale of investment units to purchase and/or lease property and procure benefits from such property. The Fund operates in only one business segment which is property investments and the business is only operated in Thailand.
79GF Score

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

฿9.20
Price
฿10.93
GF Value