BTBIF (BTB Real Estate Investment Trust) Days Payable: 135.68 (As of Mar. 2026) — Near Median


BTBIF BTB Real Estate Investment Trust BTBIF
64 GF Score
Price $2.73
GF Value $2.42
Valuation Modestly Overvalued
! 12 Warning Signs
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What is BTB Real Estate Investment Trust Days Payable?

BTB Real Estate Investment Trust BTBIF 64 Days Payable is 135.68 as of Mar. 2026, which is 7% below its 10-year median of 146.38. GuruFocus rates BTBIF with a GF Score™ of 64/100 and a GF Value™ of $2.42 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 548 REITs companies, BTB Real Estate Investment Trust ranks better than 58.94% on this metric.

BTB Real Estate Investment Trust's average Accounts Payable for the three months ended in Mar. 2026 was $15.37 Mil. BTB Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2026 was $10.34 Mil. Hence, BTB Real Estate Investment Trust's Days Payable for the three months ended in Mar. 2026 was 135.68.

The historical rank and industry rank for BTB Real Estate Investment Trust's Days Payable or its related term are showing as below:

BTBIF' s Days Payable Range Over the Past 10 Years
Min: 128.36   Med: 146.38   Max: 166
Current: 147.14

During the past 13 years, BTB Real Estate Investment Trust's highest Days Payable was 166.00. The lowest was 128.36. And the median was 146.38.

BTBIF's Days Payable is ranked better than
58.94% of 548 companies
in the REITs industry
Industry Median: 119.45 vs BTBIF: 147.14

BTB Real Estate Investment Trust's Days Payable increased from Mar. 2025 (126.54) to Mar. 2026 (135.68). It may suggest that BTB Real Estate Investment Trust delayed paying its suppliers.


BTB Real Estate Investment Trust Days Payable Related Terms


BTB Real Estate Investment Trust Days Payable Historical Data

* Premium members only.

The historical data trend for BTB Real Estate Investment Trust'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.

BTB Real Estate Investment Trust Days Payable Chart

BTB Real Estate Investment Trust 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 165.94 160.39 136.95 132.38 128.02

BTB Real Estate Investment Trust 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 126.54 154.74 164.95 134.56 135.68

BTBIF vs BXP, ARE, VNO: Days Payable Comparison

For the REIT - Office subindustry, BTB Real Estate Investment Trust'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.


BTB Real Estate Investment Trust Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, BTB Real Estate Investment Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where BTB Real Estate Investment Trust's Days Payable falls into.


BTBIF
64GF Score
BTB Real Estate Investment Trust BTBIF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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BTB Real Estate Investment Trust 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.

BTB Real Estate Investment Trust'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
=( (13.421 + 14.59) / 2 ) / 39.931*365
=14.0055 / 39.931*365
=128.02

BTB Real Estate Investment Trust'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
=( (14.59 + 16.147) / 2 ) / 10.336*365 / 4
=15.3685 / 10.336*365 / 4
=135.68

* 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 135.68 mean?
BTB Real Estate Investment Trust (BTBIF) has a Days Payable of 135.68 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 BTB Real Estate Investment Trust and its competitors. This is near median its historical median of 146.38. Over the past decade, BTB Real Estate Investment Trust's Days Payable has ranged from 128.36 to 166.00. According to the industry distribution chart, BTB Real Estate Investment Trust ranks #225 out of 548 companies in the REITs industry, placing it in the top 41.1%.
Is BTB Real Estate Investment Trust's Days Payable too high?
BTB Real Estate Investment Trust's current Days Payable of 135.68 is near median its 10-year median of 146.38. Over the past 10 years, this metric has ranged from a low of 128.36 to a high of 166.00. The REITs industry median Days Payable is 119.45. BTB Real Estate Investment Trust's value of 135.68 is 13.6% above this industry median. Based on the distribution chart, BTB Real Estate Investment Trust ranks #225 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, BTB Real Estate Investment Trust has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTB Real Estate Investment Trust's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, BTB Real Estate Investment Trust ranks #225 out of 548 companies for Days Payable. This puts BTB Real Estate Investment Trust in the upper half of its industry. The industry median Days Payable is 119.45. BTB Real Estate Investment Trust's value of 135.68 is 13.6% above this benchmark. Historically, BTB Real Estate Investment Trust's own Days Payable has ranged from 128.36 to 166.00 over the past decade. While the company's 10-year median is 146.38 vs. the industry median of 119.45, BTB Real Estate Investment Trust 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 119.45, 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. BTB Real Estate Investment Trust's current Days Payable of 135.68 is 13.6% 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 BTB Real Estate Investment Trust and its competitors. For the REITs industry, the median Days Payable is 119.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTB Real Estate Investment Trust's current Days Payable is 135.68, which is near median its own 10-year median of 146.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTB Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, BTB Real Estate Investment Trust (BTBIF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.42, compared to a current price of $2.73 — trading 12.8% above its estimated fair value. The current Days Payable is 135.68, which is near median its 10-year median of 146.38 and 13.6% above the REITs industry median of 119.45. BTB Real Estate Investment Trust's overall GF Score™ is 64/100 with 12 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 BTB Real Estate Investment Trust (BTBIF), the current Days Payable is 135.68 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 BTB Real Estate Investment Trust (BTBIF) Overvalued in 2026?

Based on GuruFocus' analysis, BTB Real Estate Investment Trust stock appears to be overvalued. The current stock price of $2.73 is trading 12.8% above its estimated GF Value™ of $2.42. GuruFocus considers BTB Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for BTBIF:

  • Days Payable: 135.68 (near median its 10-year median of 146.38)
  • GF Value™: $2.42 vs. price of $2.73 (12.8% above fair value)
  • GF Score™: 64/100 with 12 warning signs
  • Industry Position: 13.6% above the REITs median (#225 of 548)

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


BTB Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges BTB.UN:Canada
Address No. 1411, Crescent Street, Suite 300, Montreal, QC, CAN, H3G 2B3
BTB Real Estate Investment Trust is a real estate investment trust engaged in owning and managing properties across Canada. Its objective is to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders by acquiring properties with high occupancy rates and good tenant quality. The company has three operating segments; Industrial, Suburban office, and Necessity-based retail. Suburban office segment generates the majority of the revenue in the form of rental income.
64GF Score

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

$2.73
Price
$2.42
GF Value