Altarea SCA (CHIX:ALTAP) Days Payable: 228.98 (As of Dec. 2025) — 40% Above Median


CHIX:ALTAP Altarea SCA CHIX:ALTAP
66 GF Score
Price €96.95
GF Value €77.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Altarea SCA Days Payable?

Altarea SCA CHIX:ALTAP 66 Days Payable is 228.98 as of Dec. 2025, which is 40% above its 10-year median of 164.02. GuruFocus rates CHIX:ALTAP with a GF Score™ of 66/100 and a GF Value™ of €77.30 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 548 REITs companies, Altarea SCA ranks better than 78.1% on this metric.

Altarea SCA's average Accounts Payable for the six months ended in Dec. 2025 was €1,053 Mil. Altarea SCA's Cost of Goods Sold for the six months ended in Dec. 2025 was €839 Mil. Hence, Altarea SCA's Days Payable for the six months ended in Dec. 2025 was 228.98.

The historical rank and industry rank for Altarea SCA's Days Payable or its related term are showing as below:

CHIX:ALTAp' s Days Payable Range Over the Past 10 Years
Min: 123.2   Med: 164.02   Max: 286.44
Current: 275.5

During the past 13 years, Altarea SCA's highest Days Payable was 286.44. The lowest was 123.20. And the median was 164.02.

CHIX:ALTAp's Days Payable is ranked better than
78.1% of 548 companies
in the REITs industry
Industry Median: 119.835 vs CHIX:ALTAp: 275.50

Altarea SCA's Days Payable increased from Dec. 2024 (179.05) to Dec. 2025 (228.98). It may suggest that Altarea SCA delayed paying its suppliers.


Altarea SCA Days Payable Historical Data

* Premium members only.

The historical data trend for Altarea SCA'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.

Altarea SCA Days Payable Chart

Altarea SCA 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 169.65 161.98 177.53 208.38 286.44

Altarea SCA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 164.54 225.89 179.05 321.95 228.98

CHIX:ALTAP vs AVB, EQR, ESS: Days Payable Comparison

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA Days Payable vs REITs Industry

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

* The bar in red indicates where Altarea SCA's Days Payable falls into.


CHIX:ALTAP
66GF Score
Altarea SCA CHIX:ALTAP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Altarea SCA 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.

Altarea SCA'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
=( (1296.7 + 1061.2) / 2 ) / 1502.3*365
=1178.95 / 1502.3*365
=286.44

Altarea SCA'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1043.9 + 1061.2) / 2 ) / 838.9*365 / 2
=1052.55 / 838.9*365 / 2
=228.98

* 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 228.98 mean?
Altarea SCA (CHIX:ALTAP) has a Days Payable of 228.98 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 Altarea SCA and its competitors. This is 40% above median its historical median of 164.02. Over the past decade, Altarea SCA's Days Payable has ranged from 123.20 to 286.44. According to the industry distribution chart, Altarea SCA ranks #120 out of 548 companies in the REITs industry, placing it in the top 21.9%.
Is Altarea SCA's Days Payable too high?
Altarea SCA's current Days Payable of 228.98 is 40% above median its 10-year median of 164.02. Over the past 10 years, this metric has ranged from a low of 123.20 to a high of 286.44. The REITs industry median Days Payable is 119.84. Altarea SCA's value of 228.98 is 91.1% above this industry median. Based on the distribution chart, Altarea SCA ranks #120 out of 548 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Altarea SCA has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altarea SCA's Days Payable compare to AVB and EQR?
According to the REITs industry distribution chart, Altarea SCA ranks #120 out of 548 companies for Days Payable. This places Altarea SCA in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.84. Altarea SCA's value of 228.98 is 91.1% above this benchmark. Historically, Altarea SCA's own Days Payable has ranged from 123.20 to 286.44 over the past decade. While the company's 10-year median is 164.02 vs. the industry median of 119.84, Altarea SCA 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. Altarea SCA's current Days Payable of 228.98 is 91.1% 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 Altarea SCA 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. Altarea SCA's current Days Payable is 228.98, which is 40% above median its own 10-year median of 164.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altarea SCA stock overvalued right now?
Based on GuruFocus' analysis, Altarea SCA (CHIX:ALTAP) is currently considered Significantly Overvalued. The stock's GF Value™ is €77.30, compared to a current price of €96.95 — trading 25.4% above its estimated fair value. The current Days Payable is 228.98, which is 40% above median its 10-year median of 164.02 and 91.1% above the REITs industry median of 119.84. Altarea SCA's overall GF Score™ is 66/100 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 Altarea SCA (CHIX:ALTAP), the current Days Payable is 228.98 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 Altarea SCA (CHIX:ALTAP) Overvalued in 2026?

Based on GuruFocus' analysis, Altarea SCA stock appears to be overvalued. The current stock price of €96.95 is trading 25.4% above its estimated GF Value™ of €77.30. GuruFocus considers Altarea SCA to be Significantly Overvalued.

Key valuation signals for CHIX:ALTAP:

  • Days Payable: 228.98 (40% above median its 10-year median of 164.02)
  • GF Value™: €77.30 vs. price of €96.95 (25.4% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 91.1% above the REITs median (#120 of 548)

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


Altarea SCA Business Description

Industry Real EstateREITs
Address 87 rue de Richelieu, Paris, FRA, 75008
Altarea SCA is a real estate investment trust predominantly engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. Its operating segments are; Retail; Residential; Business property; New businesses; and Others. Maximum rental income is generated from the Retail segment which consists of shopping centers under management or development. Geographically, it generates maximum revenue from France and the rest from Italy, Spain, and other regions.
66GF Score

Get the complete analysis for CHIX:ALTAP

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

€96.95
Price
€77.30
GF Value