IcadeCDMGF -8.54%51 Days Payable is 259.06 as of Dec. 2025, which is 0% above its 10-year median of 257.83. GuruFocus rates CDMGF with a GF Score™ of 51/100 and a GF Value™ of $16.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 548 REITs companies, Icade ranks better than 78.65% on this metric.
Icade's average Accounts Payable for the
six
months ended in Dec. 2025 was $779 Mil. Icade's Cost of Goods Sold for the
six
months ended in Dec. 2025 was $549 Mil.
Hence, Icade's Days Payable for the
six
months ended in Dec. 2025 was 259.06.
The historical rank and industry rank for Icade's Days Payable or its related term are showing as below:
CDMGF'
s Days Payable Range Over the Past 10 Years
Min: 186.22 Med: 257.83 Max: 354.42
Current: 280.58
During the past 13 years, Icade's highest Days Payable was 354.42. The lowest was 186.22. And the median was 257.83.
CDMGF's Days Payable is ranked better than 78.65% of 548
companies
in the REITs industry
Industry Median: 119.835
vs CDMGF: 280.58
Icade's Days Payable
increased
from Dec. 2024 (242.18) to Dec. 2025 (259.06).
It may suggest that Icadedelayed paying its suppliers.
Icade Days Payable Related Terms
Icade Days Payable Historical Data
* Premium members only.
The historical data trend for Icade'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.
For the REIT - Diversified subindustry, Icade'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.
Icade Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Icade's Days Payable distribution charts can be found below:
* The bar in red indicates where Icade's Days Payable falls into.
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.
Icade's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Icade (CDMGF) has a Days Payable of 259.06 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 Icade and its competitors. This is near median its historical median of 257.83. Over the past decade, Icade's Days Payable has ranged from 186.22 to 354.42. According to the industry distribution chart, Icade ranks #117 out of 548 companies in the REITs industry, placing it in the top 21.4%.
Is Icade's Days Payable too high?
Icade's current Days Payable of 259.06 is near median its 10-year median of 257.83. Over the past 10 years, this metric has ranged from a low of 186.22 to a high of 354.42. The REITs industry median Days Payable is 119.84. Icade's value of 259.06 is 116.2% above this industry median. Based on the distribution chart, Icade ranks #117 out of 548 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Icade has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Icade's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Icade ranks #117 out of 548 companies for Days Payable. This places Icade in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.84. Icade's value of 259.06 is 116.2% above this benchmark. Historically, Icade's own Days Payable has ranged from 186.22 to 354.42 over the past decade. While the company's 10-year median is 257.83 vs. the industry median of 119.84, Icade 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 119.84, 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. Icade's current Days Payable of 259.06 is 116.2% 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 Icade and its competitors. For the REITs industry, the median Days Payable is 119.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icade's current Days Payable is 259.06, which is near median its own 10-year median of 257.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icade stock overvalued right now?
Based on GuruFocus' analysis, Icade (CDMGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.13, compared to a current price of $22.75 — trading 41% above its estimated fair value. The current Days Payable is 259.06, which is near median its 10-year median of 257.83 and 116.2% above the REITs industry median of 119.84. Icade's overall GF Score™ is 51/100 with 6 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 Icade (CDMGF), the current Days Payable is 259.06 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 Icade (CDMGF) Overvalued in 2026?
Based on GuruFocus' analysis, Icade stock appears to be overvalued.
The current stock price of $22.75 is trading 41% above its estimated GF Value™ of $16.13.
GuruFocus considers Icade to be Significantly Overvalued.
Key valuation signals for CDMGF:
Days Payable: 259.06 (near median its 10-year median of 257.83)
GF Value™: $16.13 vs. price of $22.75 (41% above fair value)
Industry Position: 116.2% above the REITs median (#117 of 548)
No single metric tells the full story. See the CDMGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icade is a French real estate investment trust involved in the ownership and management of commercial property around Paris. The company's real estate portfolio consists of offices, business premises (TV and photo studios, data centers, warehouses, etc.), other assets such as hotels, shops, and land reserves. Its flagship projects include EDENN, HYFIVE, and EQHO. The company has two operating segments: the Property Investment business and the Property Development business. The majority of revenue is derived from the Property Investment business, which focuses on holding and developing office properties and business parks for the rental of these assets and active management of this asset portfolio.
51GF Score
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