First Capital REITFCXXF +0.91%70 Days Payable is 130.75 as of Mar. 2026, which is 18% below its 10-year median of 160.00. GuruFocus rates FCXXF with a GF Score™ of 70/100 and a GF Value™ of $12.64 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 548 REITs companies, First Capital REIT ranks better than 57.66% on this metric.
The historical rank and industry rank for First Capital REIT's Days Payable or its related term are showing as below:
FCXXF'
s Days Payable Range Over the Past 10 Years
Min: 141.48 Med: 160 Max: 173.57
Current: 141.48
During the past 13 years, First Capital REIT's highest Days Payable was 173.57. The lowest was 141.48. And the median was 160.00.
FCXXF's Days Payable is ranked better than 57.66% of 548
companies
in the REITs industry
Industry Median: 119.45
vs FCXXF: 141.48
First Capital REIT's Days Payable
declined
from Mar. 2025 (135.47) to Mar. 2026 (130.75).
It may suggest that First Capital REITaccelerated paying its suppliers.
First Capital REIT Days Payable Related Terms
First Capital REIT Days Payable Historical Data
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The historical data trend for First Capital 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.
For the REIT - Retail subindustry, First Capital 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.
First Capital REIT Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, First Capital REIT's Days Payable distribution charts can be found below:
* The bar in red indicates where First Capital REIT'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.
First Capital REIT'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.
First Capital REIT (FCXXF) has a Days Payable of 130.75 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 First Capital REIT and its competitors. This is 18% below median its historical median of 160.00. Over the past decade, First Capital REIT's Days Payable has ranged from 141.48 to 173.57. According to the industry distribution chart, First Capital REIT ranks #232 out of 548 companies in the REITs industry, placing it in the top 42.3%.
Is First Capital REIT's Days Payable too high?
First Capital REIT's current Days Payable of 130.75 is 18% below median its 10-year median of 160.00. Over the past 10 years, this metric has ranged from a low of 141.48 to a high of 173.57. The REITs industry median Days Payable is 119.45. First Capital REIT's value of 130.75 is 9.5% above this industry median. Based on the distribution chart, First Capital REIT ranks #232 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, First Capital REIT has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Capital REIT's Days Payable compare to SPG and O?
According to the REITs industry distribution chart, First Capital REIT ranks #232 out of 548 companies for Days Payable. This puts First Capital REIT in the upper half of its industry. The industry median Days Payable is 119.45. First Capital REIT's value of 130.75 is 9.5% above this benchmark. Historically, First Capital REIT's own Days Payable has ranged from 141.48 to 173.57 over the past decade. While the company's 10-year median is 160.00 vs. the industry median of 119.45, First Capital 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. First Capital REIT's current Days Payable of 130.75 is 9.5% 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 First Capital 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. First Capital REIT's current Days Payable is 130.75, which is 18% below median its own 10-year median of 160.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Capital REIT stock overvalued right now?
Based on GuruFocus' analysis, First Capital REIT (FCXXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.64, compared to a current price of $16.36 — trading 29.4% above its estimated fair value. The current Days Payable is 130.75, which is 18% below median its 10-year median of 160.00 and 9.5% above the REITs industry median of 119.45. First Capital REIT's overall GF Score™ is 70/100 with 7 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 First Capital REIT (FCXXF), the current Days Payable is 130.75 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 First Capital REIT (FCXXF) Overvalued in 2026?
Based on GuruFocus' analysis, First Capital REIT stock appears to be overvalued.
The current stock price of $16.36 is trading 29.4% above its estimated GF Value™ of $12.64.
GuruFocus considers First Capital REIT to be Modestly Overvalued.
Key valuation signals for FCXXF:
Days Payable: 130.75 (18% below median its 10-year median of 160.00)
GF Value™: $12.64 vs. price of $16.36 (29.4% above fair value)
Industry Position: 9.5% above the REITs median (#232 of 548)
No single metric tells the full story. See the FCXXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Capital REIT is a developer, owner and operator of grocery-anchored, open-air centres in neighbourhoods in Canada's populated centres. The company's focus is on creating thriving neighbourhoods that create value for businesses, residents, communities and investors.
70GF Score
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