FESNF (First Real Estate Investment Trust) Days Payable: 269.56 (As of Dec. 2025) — 23% Above Median

What is First Real Estate Investment Trust Days Payable?

First Real Estate Investment Trust FESNF 43 Days Payable is 269.56 as of Dec. 2025, which is 23% above its 10-year median of 219.53. GuruFocus rates FESNF with a GF Score™ of 43/100 and a GF Value™ of $0.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 548 REITs companies, First Real Estate Investment Trust ranks better than 73.72% on this metric.

First Real Estate Investment Trust's average Accounts Payable for the six months ended in Dec. 2025 was $7.54 Mil. First Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Dec. 2025 was $5.10 Mil. Hence, First Real Estate Investment Trust's Days Payable for the six months ended in Dec. 2025 was 269.56.

The historical rank and industry rank for First Real Estate Investment Trust's Days Payable or its related term are showing as below:

FESNF' s Days Payable Range Over the Past 10 Years
Min: 134.22 Med: 219.53 Max: 267.77
Current: 248.85

During the past 13 years, First Real Estate Investment Trust's highest Days Payable was 267.77. The lowest was 134.22. And the median was 219.53.

FESNF's Days Payable is ranked better than
73.72% of 548 companies
in the REITs industry
Industry Median: 119.835 vs FESNF: 248.85

First Real Estate Investment Trust's Days Payable increased from Dec. 2024 (261.08) to Dec. 2025 (269.56). It may suggest that First Real Estate Investment Trust delayed paying its suppliers.

First Real Estate Investment Trust Days Payable Related Terms

First Real Estate Investment Trust Days Payable Historical Data

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The historical data trend for First Real Estate Investment Trust'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.

First Real Estate Investment Trust Days Payable Chart

First Real Estate Investment Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Days Payable

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270.91

229.68

218.17

201.74

198.50

First Real Estate Investment Trust 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															292.93	284.17	261.08	270.02	269.56

FESNF vs WELL, VTR, OHI: Days Payable Comparison

For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust'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 Real Estate Investment Trust Days Payable vs REITs Industry

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

* The bar in red indicates where First Real Estate Investment Trust's Days Payable falls into.

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First Real Estate Investment Trust FESNF

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First Real Estate Investment Trust 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.

First Real Estate Investment Trust'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
=	( (5.406	+	5.585)	/	2 )	/	10.105	*	365
=	5.4955					/	10.105	*	365
=	198.50

First Real Estate Investment Trust'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
=	( (9.487	+	5.585)	/	2 )	/	5.102	*	365 / 2
=	7.536					/	5.102	*	365 / 2
=	269.56

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 269.56 mean?

First Real Estate Investment Trust (FESNF) has a Days Payable of 269.56 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 First Real Estate Investment Trust and its competitors. This is 23% above median its historical median of 219.53. Over the past decade, First Real Estate Investment Trust's Days Payable has ranged from 134.22 to 267.77. According to the industry distribution chart, First Real Estate Investment Trust ranks #144 out of 548 companies in the REITs industry, placing it in the top 26.3%.

Is First Real Estate Investment Trust's Days Payable too high?

First Real Estate Investment Trust's current Days Payable of 269.56 is 23% above median its 10-year median of 219.53. Over the past 10 years, this metric has ranged from a low of 134.22 to a high of 267.77. The REITs industry median Days Payable is 119.84. First Real Estate Investment Trust's value of 269.56 is 124.9% above this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #144 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, First Real Estate Investment Trust has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does First Real Estate Investment Trust's Days Payable compare to WELL and VTR?

According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #144 out of 548 companies for Days Payable. This puts First Real Estate Investment Trust in the upper half of its industry. The industry median Days Payable is 119.84. First Real Estate Investment Trust's value of 269.56 is 124.9% above this benchmark. Historically, First Real Estate Investment Trust's own Days Payable has ranged from 134.22 to 267.77 over the past decade. While the company's 10-year median is 219.53 vs. the industry median of 119.84, First Real Estate Investment Trust 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. First Real Estate Investment Trust's current Days Payable of 269.56 is 124.9% 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 Real Estate Investment Trust 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. First Real Estate Investment Trust's current Days Payable is 269.56, which is 23% above median its own 10-year median of 219.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Real Estate Investment Trust stock overvalued right now?

Based on GuruFocus' analysis, First Real Estate Investment Trust (FESNF) is currently considered Fairly Valued. The stock's GF Value™ is $0.19, compared to a current price of $0.19 — trading right at its estimated fair value. The current Days Payable is 269.56, which is 23% above median its 10-year median of 219.53 and 124.9% above the REITs industry median of 119.84. First Real Estate Investment Trust's overall GF Score™ is 43/100 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 First Real Estate Investment Trust (FESNF), the current Days Payable is 269.56 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 First Real Estate Investment Trust (FESNF) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.19 is trading 0% below its estimated GF Value™ of $0.19. GuruFocus considers First Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for FESNF:

Days Payable: 269.56 (23% above median its 10-year median of 219.53)
GF Value™: $0.19 vs. price of $0.19 (0% below fair value)
GF Score™: 43/100 with 6 warning signs
Industry Position: 124.9% above the REITs median (#144 of 548)

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

First Real Estate Investment Trust Business Description

Industry Real Estate REITs

Comparable Companies SGX:M1GU SGX:ODBU SGX:MXNU SGX:DHLU SGX:UD1U SGX:OXMU SGX:CMOU SGX:BMGU SGX:DCRU SGX:XZL WELL VTR OHI DOC AHR CTRE HR XBRU:AED SBRA TSX:CSH.UN

Other Exchanges AW9U:Singapore F1T:Germany

Address 333 Orchard Road, No. 33-02, Singapore, SGP, 238867

Website https://www.first-reit.com

First Real Estate Investment Trust is a healthcare real estate investment trust focused on investing in diverse yield-accretive healthcare and healthcare-related real estate assets within and outside of Asia. The Trust has a portfolio of 32 properties across Asia. These include 15 properties in Indonesia comprising 11 hospitals, two integrated hospitals & malls, one integrated hospital & hotel, and one hotel & country club; three nursing homes in Singapore; and 14 nursing homes in Japan.

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GF Value

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