Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Days Payable: 2.49 (As of Dec. 2025) — 92% Below Median


BSP:FISC11 Fundo Investimento Imobiliario SC 401 BSP:FISC11
71 GF Score
Price R$68.25
GF Value R$95.51
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Fundo Investimento Imobiliario SC 401 Days Payable?

Fundo Investimento Imobiliario SC 401 BSP:FISC11 +0.01% 71 Days Payable is 2.49 as of Dec. 2025, which is 92% below its 10-year median of 30.17. GuruFocus rates BSP:FISC11 with a GF Score™ of 71/100 and a GF Value™ of R$95.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 549 REITs companies, Fundo Investimento Imobiliario SC 401 ranks worse than 98.54% on this metric.

Fundo Investimento Imobiliario SC 401's average Accounts Payable for the six months ended in Dec. 2025 was R$0.02 Mil. Fundo Investimento Imobiliario SC 401's Cost of Goods Sold for the six months ended in Dec. 2025 was R$2.57 Mil. Hence, Fundo Investimento Imobiliario SC 401's Days Payable for the six months ended in Dec. 2025 was 1.24.

The historical rank and industry rank for Fundo Investimento Imobiliario SC 401's Days Payable or its related term are showing as below:

BSP:FISC11' s Days Payable Range Over the Past 10 Years
Min: 1.79   Med: 30.17   Max: 183.44
Current: 2.49

During the past 13 years, Fundo Investimento Imobiliario SC 401's highest Days Payable was 183.44. The lowest was 1.79. And the median was 30.17.

BSP:FISC11's Days Payable is ranked worse than
98.54% of 549 companies
in the REITs industry
Industry Median: 119.76 vs BSP:FISC11: 2.49

Fundo Investimento Imobiliario SC 401's Days Payable declined from Dec. 2023 (3.03) to Dec. 2025 (2.49). It may suggest that Fundo Investimento Imobiliario SC 401 accelerated paying its suppliers.


Fundo Investimento Imobiliario SC 401 Days Payable Related Terms


Fundo Investimento Imobiliario SC 401 Days Payable Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario SC 401'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.

Fundo Investimento Imobiliario SC 401 Days Payable Chart

Fundo Investimento Imobiliario SC 401 Annual Data
Trend Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.89 54.02 3.03 3.47 2.49

Fundo Investimento Imobiliario SC 401 Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 161.89 54.02 3.03 3.47 2.49

BSP:FISC11 vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario SC 401'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.


Fundo Investimento Imobiliario SC 401 Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario SC 401's Days Payable distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario SC 401's Days Payable falls into.


BSP:FISC11
71GF Score
Fundo Investimento Imobiliario SC 401 BSP:FISC11
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Investimento Imobiliario SC 401 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.

Fundo Investimento Imobiliario SC 401'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
=( (0.02 + 0.015) / 2 ) / 2.566*365
=0.0175 / 2.566*365
=2.49

Fundo Investimento Imobiliario SC 401'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: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.02 + 0.015) / 2 ) / 2.566*365 / 2
=0.0175 / 2.566*365 / 2
=1.24

* 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 2.49 mean?
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) has a Days Payable of 2.49 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 Fundo Investimento Imobiliario SC 401 and its competitors. This is 92% below median its historical median of 30.17. Over the past decade, Fundo Investimento Imobiliario SC 401's Days Payable has ranged from 1.79 to 183.44. According to the industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #541 out of 549 companies in the REITs industry, placing it in the top 98.5%.
Is Fundo Investimento Imobiliario SC 401's Days Payable too high?
Fundo Investimento Imobiliario SC 401's current Days Payable of 2.49 is 92% below median its 10-year median of 30.17. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 183.44. The REITs industry median Days Payable is 119.76. Fundo Investimento Imobiliario SC 401's value of 2.49 is 97.9% below this industry median. Based on the distribution chart, Fundo Investimento Imobiliario SC 401 ranks #541 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Fundo Investimento Imobiliario SC 401 has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario SC 401's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #541 out of 549 companies for Days Payable. This places Fundo Investimento Imobiliario SC 401 in the lower half of its industry. The industry median Days Payable is 119.76. Fundo Investimento Imobiliario SC 401's value of 2.49 is 97.9% below this benchmark. Historically, Fundo Investimento Imobiliario SC 401's own Days Payable has ranged from 1.79 to 183.44 over the past decade. While the company's 10-year median is 30.17 vs. the industry median of 119.76, Fundo Investimento Imobiliario SC 401 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 119.76, 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. Fundo Investimento Imobiliario SC 401's current Days Payable of 2.49 is 97.9% 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 Fundo Investimento Imobiliario SC 401 and its competitors. For the REITs industry, the median Days Payable is 119.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Investimento Imobiliario SC 401's current Days Payable is 2.49, which is 92% below median its own 10-year median of 30.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario SC 401 stock overvalued right now?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 (BSP:FISC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$95.51, compared to a current price of R$68.25 — trading 28.5% below its estimated fair value. The current Days Payable is 2.49, which is 92% below median its 10-year median of 30.17 and 97.9% below the REITs industry median of 119.76. Fundo Investimento Imobiliario SC 401's overall GF Score™ is 71/100 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 Fundo Investimento Imobiliario SC 401 (BSP:FISC11), the current Days Payable is 2.49 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 Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 stock appears to be undervalued. The current stock price of R$68.25 is trading 28.5% below its estimated GF Value™ of R$95.51. GuruFocus considers Fundo Investimento Imobiliario SC 401 to be Modestly Undervalued.

Key valuation signals for BSP:FISC11:

  • Days Payable: 2.49 (92% below median its 10-year median of 30.17)
  • GF Value™: R$95.51 vs. price of R$68.25 (28.5% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 97.9% below the REITs median (#541 of 549)

No single metric tells the full story. See the BSP:FISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Investimento Imobiliario SC 401 Business Description

Industry Real EstateREITs
Address RUA SURUBIM, 577 - 10th Floor - CJ. 101, CIDADE MONCOES, SAO PAULO, SP, BRA, 4571050
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.
71GF Score

Get the complete analysis for BSP:FISC11

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

R$68.25
Price
R$95.51
GF Value