DAFVF (Daiwa Office Investment) Days Payable: 39.83 (As of Nov. 2025) — Near Median


DAFVF Daiwa Office Investment Corp DAFVF
62 GF Score
Price $1,500.00
GF Value $1,579.97
! 4 Warning Signs
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What is Daiwa Office Investment Days Payable?

Daiwa Office Investment DAFVF 62 Days Payable is 39.83 as of Nov. 2025, which is 1% above its 10-year median of 39.33. GuruFocus rates DAFVF with a GF Score™ of 62/100 and a GF Value™ of $1,579.97. The stock has 4 warning signs investors should review. Among 548 REITs companies, Daiwa Office Investment ranks worse than 78.47% on this metric.

Daiwa Office Investment's average Accounts Payable for the six months ended in Nov. 2025 was $8.4 Mil. Daiwa Office Investment's Cost of Goods Sold for the six months ended in Nov. 2025 was $38.6 Mil. Hence, Daiwa Office Investment's Days Payable for the six months ended in Nov. 2025 was 39.83.

The historical rank and industry rank for Daiwa Office Investment's Days Payable or its related term are showing as below:

DAFVF' s Days Payable Range Over the Past 10 Years
Min: 32.29   Med: 39.33   Max: 49.64
Current: 35.39

During the past 13 years, Daiwa Office Investment's highest Days Payable was 49.64. The lowest was 32.29. And the median was 39.33.

DAFVF's Days Payable is ranked worse than
78.47% of 548 companies
in the REITs industry
Industry Median: 119.45 vs DAFVF: 35.39

Daiwa Office Investment's Days Payable increased from Nov. 2024 (37.03) to Nov. 2025 (39.83). It may suggest that Daiwa Office Investment delayed paying its suppliers.


Daiwa Office Investment Days Payable Historical Data

* Premium members only.

The historical data trend for Daiwa Office Investment'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.

Daiwa Office Investment Days Payable Chart

Daiwa Office Investment Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.10 45.45 43.60 45.49 36.63

Daiwa Office Investment Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 43.73 47.76 37.03 31.99 39.83

DAFVF vs BXP, ARE, VNO: Days Payable Comparison

For the REIT - Office subindustry, Daiwa Office Investment'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.


Daiwa Office Investment Days Payable vs REITs Industry

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

* The bar in red indicates where Daiwa Office Investment's Days Payable falls into.


DAFVF
62GF Score
Daiwa Office Investment Corp DAFVF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Daiwa Office Investment 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.

Daiwa Office Investment's Days Payable for the fiscal year that ended in Nov. 2024 is calculated as

Days Payable (A: Nov. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2023 ) + Accounts Payable (A: Nov. 2024 )) / count ) / Cost of Goods Sold (A: Nov. 2024 )*Days in Period
=( (8.598 + 5.96) / 2 ) / 72.54*365
=7.279 / 72.54*365
=36.63

Daiwa Office Investment's Days Payable for the quarter that ended in Nov. 2025 is calculated as:

Days Payable (Q: Nov. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2025 ) + Accounts Payable (Q: Nov. 2025 )) / count ) / Cost of Goods Sold (Q: Nov. 2025 )*Days in Period
=( (8.204 + 8.626) / 2 ) / 38.562*365 / 2
=8.415 / 38.562*365 / 2
=39.83

* 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 39.83 mean?
Daiwa Office Investment (DAFVF) has a Days Payable of 39.83 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Daiwa Office Investment and its competitors. This is near median its historical median of 39.33. Over the past decade, Daiwa Office Investment's Days Payable has ranged from 32.29 to 49.64. According to the industry distribution chart, Daiwa Office Investment ranks #430 out of 548 companies in the REITs industry, placing it in the top 78.5%.
Is Daiwa Office Investment's Days Payable too high?
Daiwa Office Investment's current Days Payable of 39.83 is near median its 10-year median of 39.33. Over the past 10 years, this metric has ranged from a low of 32.29 to a high of 49.64. The REITs industry median Days Payable is 119.45. Daiwa Office Investment's value of 39.83 is 66.7% below this industry median. Based on the distribution chart, Daiwa Office Investment ranks #430 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Daiwa Office Investment has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, Daiwa Office Investment ranks #430 out of 548 companies for Days Payable. This places Daiwa Office Investment in the lower half of its industry. The industry median Days Payable is 119.45. Daiwa Office Investment's value of 39.83 is 66.7% below this benchmark. Historically, Daiwa Office Investment's own Days Payable has ranged from 32.29 to 49.64 over the past decade. While the company's 10-year median is 39.33 vs. the industry median of 119.45, Daiwa Office Investment 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 119.45, 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. Daiwa Office Investment's current Days Payable of 39.83 is 66.7% 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 Daiwa Office Investment 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. Daiwa Office Investment's current Days Payable is 39.83, which is near median its own 10-year median of 39.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Office Investment stock overvalued right now?
Daiwa Office Investment (DAFVF) has a current Days Payable of 39.83. The stock's GF Value™ is $1,579.97, compared to a current price of $1,500.00 — trading 5.1% below its estimated fair value. The current Days Payable is 39.83, which is near median its 10-year median of 39.33 and 66.7% below the REITs industry median of 119.45. Daiwa Office Investment's overall GF Score™ is 62/100 with 4 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 Daiwa Office Investment (DAFVF), the current Days Payable is 39.83 as of Nov. 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 Daiwa Office Investment (DAFVF) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued. The current stock price of $1,500.00 is trading 5.1% below its estimated GF Value™ of $1,579.97.

Key valuation signals for DAFVF:

  • Days Payable: 39.83 (near median its 10-year median of 39.33)
  • GF Value™: $1,579.97 vs. price of $1,500.00 (5.1% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 66.7% below the REITs median (#430 of 548)

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


Daiwa Office Investment Business Description

Industry Real EstateREITs
Other Exchanges 8976:Japan
Address 6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
62GF Score

Get the complete analysis for DAFVF

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

$1,500.00
Price
$1,579.97
GF Value