GPT GroupFRA:46T -1.86%72 Days Payable is 292.56 as of Dec. 2025, which is 46% above its 10-year median of 200.59. GuruFocus rates FRA:46T with a GF Score™ of 72/100 and a GF Value™ of €2.99 (Fairly Valued). The stock has 8 warning signs investors should review. Among 548 REITs companies, GPT Group ranks better than 75.73% on this metric.
GPT Group's average Accounts Payable for the
six
months ended in Dec. 2025 was €163.4 Mil. GPT Group's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €101.9 Mil.
Hence, GPT Group's Days Payable for the
six
months ended in Dec. 2025 was 292.56.
The historical rank and industry rank for GPT Group's Days Payable or its related term are showing as below:
FRA:46T'
s Days Payable Range Over the Past 10 Years
Min: 157.48 Med: 200.59 Max: 352.91
Current: 260.69
During the past 13 years, GPT Group's highest Days Payable was 352.91. The lowest was 157.48. And the median was 200.59.
FRA:46T's Days Payable is ranked better than 75.73% of 548
companies
in the REITs industry
Industry Median: 119.45
vs FRA:46T: 260.69
GPT Group's Days Payable
declined
from Dec. 2024 (337.81) to Dec. 2025 (292.56).
It may suggest that GPT Groupaccelerated paying its suppliers.
GPT Group Days Payable Related Terms
GPT Group Days Payable Historical Data
* Premium members only.
The historical data trend for GPT Group'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.
FRA:46T vs VICI, WPC, BNL: Days Payable Comparison
For the REIT - Diversified subindustry, GPT Group'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.
GPT Group Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, GPT Group's Days Payable distribution charts can be found below:
* The bar in red indicates where GPT Group'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.
GPT Group'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.
GPT Group (FRA:46T) has a Days Payable of 292.56 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 GPT Group and its competitors. This is 46% above median its historical median of 200.59. Over the past decade, GPT Group's Days Payable has ranged from 157.48 to 352.91. According to the industry distribution chart, GPT Group ranks #133 out of 548 companies in the REITs industry, placing it in the top 24.3%.
Is GPT Group's Days Payable too high?
GPT Group's current Days Payable of 292.56 is 46% above median its 10-year median of 200.59. Over the past 10 years, this metric has ranged from a low of 157.48 to a high of 352.91. The REITs industry median Days Payable is 119.45. GPT Group's value of 292.56 is 144.9% above this industry median. Based on the distribution chart, GPT Group ranks #133 out of 548 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, GPT Group has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GPT Group's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, GPT Group ranks #133 out of 548 companies for Days Payable. This places GPT Group in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.45. GPT Group's value of 292.56 is 144.9% above this benchmark. Historically, GPT Group's own Days Payable has ranged from 157.48 to 352.91 over the past decade. While the company's 10-year median is 200.59 vs. the industry median of 119.45, GPT Group 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. GPT Group's current Days Payable of 292.56 is 144.9% 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 GPT Group 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. GPT Group's current Days Payable is 292.56, which is 46% above median its own 10-year median of 200.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GPT Group stock overvalued right now?
Based on GuruFocus' analysis, GPT Group (FRA:46T) is currently considered Fairly Valued. The stock's GF Value™ is €2.99, compared to a current price of €2.88 — trading 3.8% below its estimated fair value. The current Days Payable is 292.56, which is 46% above median its 10-year median of 200.59 and 144.9% above the REITs industry median of 119.45. GPT Group's overall GF Score™ is 72/100 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 GPT Group (FRA:46T), the current Days Payable is 292.56 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 GPT Group (FRA:46T) Overvalued in 2026?
Based on GuruFocus' analysis, GPT Group stock appears to be undervalued.
The current stock price of €2.88 is trading 3.8% below its estimated GF Value™ of €2.99.
GuruFocus considers GPT Group to be Fairly Valued.
Key valuation signals for FRA:46T:
Days Payable: 292.56 (46% above median its 10-year median of 200.59)
GF Value™: €2.99 vs. price of €2.88 (3.8% below fair value)
Industry Position: 144.9% above the REITs median (#133 of 548)
No single metric tells the full story. See the FRA:46T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GPT Group, formerly known as General Property Trust, is Australia's first property trust. GPT has an ownership interest in, manages, and develops a diversified portfolio of retail, office, and logistics assets predominantly located in Sydney and Melbourne. Retail and office, including contributions from their respective funds management, each account for about two-fifths of group funds from operations. The rest of the earnings come from logistics. GPT manages third-party assets and mandates of AUD 28 billion as of December 2025.
72GF Score
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