EFRTF (Nexus Industrial REIT) Days Payable: 129.65 (As of Mar. 2026) — 102% Above Median


EFRTF Nexus Industrial REIT EFRTF
70 GF Score
Price $5.61
GF Value $5.52
Valuation Fairly Valued
! 8 Warning Signs
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What is Nexus Industrial REIT Days Payable?

Nexus Industrial REIT EFRTF -1.41% 70 Days Payable is 129.65 as of Mar. 2026, which is 102% above its 10-year median of 64.03. GuruFocus rates EFRTF with a GF Score™ of 70/100 and a GF Value™ of $5.52 (Fairly Valued). The stock has 8 warning signs investors should review. Among 548 REITs companies, Nexus Industrial REIT ranks better than 68.8% on this metric.

Nexus Industrial REIT's average Accounts Payable for the three months ended in Mar. 2026 was $12.6 Mil. Nexus Industrial REIT's Cost of Goods Sold for the three months ended in Mar. 2026 was $8.9 Mil. Hence, Nexus Industrial REIT's Days Payable for the three months ended in Mar. 2026 was 129.65.

The historical rank and industry rank for Nexus Industrial REIT's Days Payable or its related term are showing as below:

EFRTF' s Days Payable Range Over the Past 10 Years
Min: 50.31   Med: 64.03   Max: 202.02
Current: 202.02

During the past 13 years, Nexus Industrial REIT's highest Days Payable was 202.02. The lowest was 50.31. And the median was 64.03.

EFRTF's Days Payable is ranked better than
68.8% of 548 companies
in the REITs industry
Industry Median: 119.45 vs EFRTF: 202.02

Nexus Industrial REIT's Days Payable increased from Mar. 2025 (129.14) to Mar. 2026 (129.65). It may suggest that Nexus Industrial REIT delayed paying its suppliers.


Nexus Industrial REIT Days Payable Historical Data

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The historical data trend for Nexus Industrial REIT'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.

Nexus Industrial REIT Days Payable Chart

Nexus Industrial REIT 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 57.88 83.83 121.15 93.54 56.28

Nexus Industrial REIT 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 129.14 283.45 252.92 132.47 129.65

EFRTF vs PLD, PSA, EXR: Days Payable Comparison

For the REIT - Industrial subindustry, Nexus Industrial REIT'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.


Nexus Industrial REIT Days Payable vs REITs Industry

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

* The bar in red indicates where Nexus Industrial REIT's Days Payable falls into.


EFRTF
70GF Score
Nexus Industrial REIT EFRTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nexus Industrial REIT 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.

Nexus Industrial REIT'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
=( (4.866 + 5.308) / 2 ) / 32.994*365
=5.087 / 32.994*365
=56.28

Nexus Industrial REIT'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
=( (5.308 + 19.985) / 2 ) / 8.901*365 / 4
=12.6465 / 8.901*365 / 4
=129.65

* 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 129.65 mean?
Nexus Industrial REIT (EFRTF) has a Days Payable of 129.65 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 Nexus Industrial REIT and its competitors. This is 102% above median its historical median of 64.03. Over the past decade, Nexus Industrial REIT's Days Payable has ranged from 50.31 to 202.02. According to the industry distribution chart, Nexus Industrial REIT ranks #171 out of 548 companies in the REITs industry, placing it in the top 31.2%.
Is Nexus Industrial REIT's Days Payable too high?
Nexus Industrial REIT's current Days Payable of 129.65 is 102% above median its 10-year median of 64.03. Over the past 10 years, this metric has ranged from a low of 50.31 to a high of 202.02. The REITs industry median Days Payable is 119.45. Nexus Industrial REIT's value of 129.65 is 8.5% above this industry median. Based on the distribution chart, Nexus Industrial REIT ranks #171 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, Nexus Industrial REIT has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nexus Industrial REIT's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, Nexus Industrial REIT ranks #171 out of 548 companies for Days Payable. This puts Nexus Industrial REIT in the upper half of its industry. The industry median Days Payable is 119.45. Nexus Industrial REIT's value of 129.65 is 8.5% above this benchmark. Historically, Nexus Industrial REIT's own Days Payable has ranged from 50.31 to 202.02 over the past decade. While the company's 10-year median is 64.03 vs. the industry median of 119.45, Nexus Industrial REIT 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. Nexus Industrial REIT's current Days Payable of 129.65 is 8.5% 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 Nexus Industrial REIT 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. Nexus Industrial REIT's current Days Payable is 129.65, which is 102% above median its own 10-year median of 64.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexus Industrial REIT stock overvalued right now?
Based on GuruFocus' analysis, Nexus Industrial REIT (EFRTF) is currently considered Fairly Valued. The stock's GF Value™ is $5.52, compared to a current price of $5.61 — trading 1.6% above its estimated fair value. The current Days Payable is 129.65, which is 102% above median its 10-year median of 64.03 and 8.5% above the REITs industry median of 119.45. Nexus Industrial REIT's overall GF Score™ is 70/100 with 8 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 Nexus Industrial REIT (EFRTF), the current Days Payable is 129.65 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 Nexus Industrial REIT (EFRTF) Overvalued in 2026?

Based on GuruFocus' analysis, Nexus Industrial REIT stock appears to be overvalued. The current stock price of $5.61 is trading 1.6% above its estimated GF Value™ of $5.52. GuruFocus considers Nexus Industrial REIT to be Fairly Valued.

Key valuation signals for EFRTF:

  • Days Payable: 129.65 (102% above median its 10-year median of 64.03)
  • GF Value™: $5.52 vs. price of $5.61 (1.6% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 8.5% above the REITs median (#171 of 548)

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


Nexus Industrial REIT Business Description

Industry Real EstateREITs
Other Exchanges J6D:GermanyNXR.UN:Canada
Address 105-586 Argus Road, Oakville, ON, CAN, L6J 3J3
Nexus Industrial REIT is a Canada-based growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office, and retail properties. REIT has a single reportable segment. It owns and operates commercial real estate properties with a focus on industrial assets across Canada.
70GF Score

Get the complete analysis for EFRTF

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

$5.61
Price
$5.52
GF Value