S Prime Growth Leasehold REIT (BKK:SPRIME) Days Payable: 92.63 (As of Mar. 2026) — 22% Above Median

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BKK:SPRIME S Prime Growth Leasehold REIT BKK:SPRIME
72 GF Score
Price ฿4.16
GF Value ฿3.73
Valuation Modestly Overvalued
! 7 Warning Signs
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What is S Prime Growth Leasehold REIT Days Payable?

S Prime Growth Leasehold REIT BKK:SPRIME +0.48% 72 Days Payable is 92.63 as of Mar. 2026, which is 22% above its 10-year median of 75.64. GuruFocus rates BKK:SPRIME with a GF Score™ of 72/100 and a GF Value™ of ฿3.73 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 548 REITs companies, S Prime Growth Leasehold REIT ranks worse than 58.94% on this metric.

S Prime Growth Leasehold REIT's average Accounts Payable for the three months ended in Mar. 2026 was ฿38.9 Mil. S Prime Growth Leasehold REIT's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿38.4 Mil. Hence, S Prime Growth Leasehold REIT's Days Payable for the three months ended in Mar. 2026 was 92.63.

The historical rank and industry rank for S Prime Growth Leasehold REIT's Days Payable or its related term are showing as below:

BKK:SPRIME' s Days Payable Range Over the Past 10 Years
Min: 45.66   Med: 75.64   Max: 88.02
Current: 86.33

During the past 7 years, S Prime Growth Leasehold REIT's highest Days Payable was 88.02. The lowest was 45.66. And the median was 75.64.

BKK:SPRIME's Days Payable is ranked worse than
58.94% of 548 companies
in the REITs industry
Industry Median: 119.435 vs BKK:SPRIME: 86.33

S Prime Growth Leasehold REIT's Days Payable declined from Mar. 2025 (95.34) to Mar. 2026 (92.63). It may suggest that S Prime Growth Leasehold REIT accelerated paying its suppliers.


S Prime Growth Leasehold REIT Days Payable Historical Data

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The historical data trend for S Prime Growth Leasehold 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.

S Prime Growth Leasehold REIT Days Payable Chart

S Prime Growth Leasehold REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 75.64 75.01 82.64 84.74 88.02

S Prime Growth Leasehold REIT 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 95.34 97.47 85.25 68.56 92.63

BKK:SPRIME vs VICI, WPC, BNL: Days Payable Comparison

For the REIT - Diversified subindustry, S Prime Growth Leasehold 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.


S Prime Growth Leasehold REIT Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, S Prime Growth Leasehold REIT's Days Payable distribution charts can be found below:

* The bar in red indicates where S Prime Growth Leasehold REIT's Days Payable falls into.


BKK:SPRIME
72GF Score
S Prime Growth Leasehold REIT BKK:SPRIME
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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S Prime Growth Leasehold 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.

S Prime Growth Leasehold REIT'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
=( (36.63 + 36.19) / 2 ) / 150.983*365
=36.41 / 150.983*365
=88.02

S Prime Growth Leasehold REIT'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
=( (36.19 + 41.674) / 2 ) / 38.351*365 / 4
=38.932 / 38.351*365 / 4
=92.63

* 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 92.63 mean?
S Prime Growth Leasehold REIT (BKK:SPRIME) has a Days Payable of 92.63 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 S Prime Growth Leasehold REIT and its competitors. This is 22% above median its historical median of 75.64. Over the past decade, S Prime Growth Leasehold REIT's Days Payable has ranged from 45.66 to 88.02. According to the industry distribution chart, S Prime Growth Leasehold REIT ranks #323 out of 548 companies in the REITs industry, placing it in the top 58.9%.
Is S Prime Growth Leasehold REIT's Days Payable too high?
S Prime Growth Leasehold REIT's current Days Payable of 92.63 is 22% above median its 10-year median of 75.64. Over the past 10 years, this metric has ranged from a low of 45.66 to a high of 88.02. The REITs industry median Days Payable is 119.44. S Prime Growth Leasehold REIT's value of 92.63 is 22.4% below this industry median. Based on the distribution chart, S Prime Growth Leasehold REIT ranks #323 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, S Prime Growth Leasehold REIT has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S Prime Growth Leasehold REIT's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, S Prime Growth Leasehold REIT ranks #323 out of 548 companies for Days Payable. This places S Prime Growth Leasehold REIT in the lower half of its industry. The industry median Days Payable is 119.44. S Prime Growth Leasehold REIT's value of 92.63 is 22.4% below this benchmark. Historically, S Prime Growth Leasehold REIT's own Days Payable has ranged from 45.66 to 88.02 over the past decade. While the company's 10-year median is 75.64 vs. the industry median of 119.44, S Prime Growth Leasehold REIT has consistently been below 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. S Prime Growth Leasehold REIT's current Days Payable of 92.63 is 22.4% below 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 S Prime Growth Leasehold 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. S Prime Growth Leasehold REIT's current Days Payable is 92.63, which is 22% above median its own 10-year median of 75.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Prime Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT (BKK:SPRIME) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿3.73, compared to a current price of ฿4.16 — trading 11.5% above its estimated fair value. The current Days Payable is 92.63, which is 22% above median its 10-year median of 75.64 and 22.4% below the REITs industry median of 119.44. S Prime Growth Leasehold REIT's overall GF Score™ is 72/100 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 S Prime Growth Leasehold REIT (BKK:SPRIME), the current Days Payable is 92.63 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 S Prime Growth Leasehold REIT (BKK:SPRIME) Overvalued in 2026?

Based on GuruFocus' analysis, S Prime Growth Leasehold REIT stock appears to be overvalued. The current stock price of ฿4.16 is trading 11.5% above its estimated GF Value™ of ฿3.73. GuruFocus considers S Prime Growth Leasehold REIT to be Modestly Overvalued.

Key valuation signals for BKK:SPRIME:

  • Days Payable: 92.63 (22% above median its 10-year median of 75.64)
  • GF Value™: ฿3.73 vs. price of ฿4.16 (11.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 22.4% below the REITs median (#323 of 548)

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


S Prime Growth Leasehold REIT Business Description

Industry Real EstateREITs
Address Vibhavadi Rangsit Road, No. 123, Suntowers Building B, 37th Floor, Chom Phon Sub-District, Chatuchak District, Bangkok, THA, 10900
S Prime Growth Leasehold REIT is engaged in investing mostly in property or property leasehold rights and generating benefits from such properties for the benefit of the property, and creating revenue and return for the Trust and the unitholders. It mainly invests in the right to lease certain land plots and office spaces, conference spaces, common areas, parking areas, and building systems of Suntowers Complex for a specific term of years. The Trust operates in a single reportable operating segment, which is the investment in leasehold rights on properties, and the sole geographical area of its operations is Thailand.
72GF Score

Get the complete analysis for BKK:SPRIME

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

฿4.16
Price
฿3.73
GF Value