Fortinova Fastigheter AB (FRA:733) Days Payable: 47.39 (As of Mar. 2026) — Near Median


FRA:733 Fortinova Fastigheter AB FRA:733
52 GF Score
Price €2.13
GF Value €2.86
! 4 Warning Signs
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What is Fortinova Fastigheter AB Days Payable?

Fortinova Fastigheter AB FRA:733 +0.47% 52 Days Payable is 47.39 as of Mar. 2026, which is 2% above its 10-year median of 46.38. GuruFocus rates FRA:733 with a GF Score™ of 52/100 and a GF Value™ of €2.86. The stock has 4 warning signs investors should review. Among 1,570 Real Estate companies, Fortinova Fastigheter AB ranks worse than 71.53% on this metric.

Fortinova Fastigheter AB's average Accounts Payable for the three months ended in Mar. 2026 was €2.26 Mil. Fortinova Fastigheter AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €4.35 Mil. Hence, Fortinova Fastigheter AB's Days Payable for the three months ended in Mar. 2026 was 47.39.

The historical rank and industry rank for Fortinova Fastigheter AB's Days Payable or its related term are showing as below:

FRA:733' s Days Payable Range Over the Past 10 Years
Min: 30.87   Med: 46.38   Max: 86.27
Current: 46.33

During the past 6 years, Fortinova Fastigheter AB's highest Days Payable was 86.27. The lowest was 30.87. And the median was 46.38.

FRA:733's Days Payable is ranked worse than
71.53% of 1570 companies
in the Real Estate industry
Industry Median: 94.38 vs FRA:733: 46.33

Fortinova Fastigheter AB's Days Payable increased from Mar. 2025 (34.09) to Mar. 2026 (47.39). It may suggest that Fortinova Fastigheter AB delayed paying its suppliers.


Fortinova Fastigheter AB Days Payable Historical Data

* Premium members only.

The historical data trend for Fortinova Fastigheter AB'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.

Fortinova Fastigheter AB Days Payable Chart

Fortinova Fastigheter AB Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 46.78 85.17 56.92 31.84 38.36

Fortinova Fastigheter AB Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Sep22 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 34.09 0.00 0.00 52.96 47.39

FRA:733 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Fortinova Fastigheter AB'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.


Fortinova Fastigheter AB Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortinova Fastigheter AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Fortinova Fastigheter AB's Days Payable falls into.


FRA:733
52GF Score
Fortinova Fastigheter AB FRA:733
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortinova Fastigheter AB 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.

Fortinova Fastigheter AB's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.287 + 1.313) / 2 ) / 12.371*365
=1.3 / 12.371*365
=38.36

Fortinova Fastigheter AB'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
=( (2.261 + 0) / 1 ) / 4.354*365 / 4
=2.261 / 4.354*365 / 4
=47.39

* 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 47.39 mean?
Fortinova Fastigheter AB (FRA:733) has a Days Payable of 47.39 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 Fortinova Fastigheter AB and its competitors. This is near median its historical median of 46.38. Over the past decade, Fortinova Fastigheter AB's Days Payable has ranged from 30.87 to 86.27. According to the industry distribution chart, Fortinova Fastigheter AB ranks #1123 out of 1570 companies in the Real Estate industry, placing it in the top 71.5%.
Is Fortinova Fastigheter AB's Days Payable too high?
Fortinova Fastigheter AB's current Days Payable of 47.39 is near median its 10-year median of 46.38. Over the past 10 years, this metric has ranged from a low of 30.87 to a high of 86.27. The Real Estate industry median Days Payable is 94.38. Fortinova Fastigheter AB's value of 47.39 is 49.8% below this industry median. Based on the distribution chart, Fortinova Fastigheter AB ranks #1123 out of 1570 companies in the Real Estate industry, which is below the industry midpoint. Overall, Fortinova Fastigheter AB has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Fortinova Fastigheter AB's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fortinova Fastigheter AB ranks #1123 out of 1570 companies for Days Payable. This places Fortinova Fastigheter AB in the lower half of its industry. The industry median Days Payable is 94.38. Fortinova Fastigheter AB's value of 47.39 is 49.8% below this benchmark. Historically, Fortinova Fastigheter AB's own Days Payable has ranged from 30.87 to 86.27 over the past decade. While the company's 10-year median is 46.38 vs. the industry median of 94.38, Fortinova Fastigheter AB 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,570 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. Fortinova Fastigheter AB's current Days Payable of 47.39 is 49.8% 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 Fortinova Fastigheter AB and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortinova Fastigheter AB's current Days Payable is 47.39, which is near median its own 10-year median of 46.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortinova Fastigheter AB stock overvalued right now?
Fortinova Fastigheter AB (FRA:733) has a current Days Payable of 47.39. The stock's GF Value™ is €2.86, compared to a current price of €2.13 — trading 25.5% below its estimated fair value. The current Days Payable is 47.39, which is near median its 10-year median of 46.38 and 49.8% below the Real Estate industry median of 94.38. Fortinova Fastigheter AB's overall GF Score™ is 52/100 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 Fortinova Fastigheter AB (FRA:733), the current Days Payable is 47.39 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 Fortinova Fastigheter AB (FRA:733) Overvalued in 2026?

Based on GuruFocus' analysis, Fortinova Fastigheter AB stock appears to be undervalued. The current stock price of €2.13 is trading 25.5% below its estimated GF Value™ of €2.86.

Key valuation signals for FRA:733:

  • Days Payable: 47.39 (near median its 10-year median of 46.38)
  • GF Value™: €2.86 vs. price of €2.13 (25.5% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 49.8% below the Real Estate median (#1123 of 1570)

No single metric tells the full story. See the FRA:733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortinova Fastigheter AB Business Description

Other Exchanges FNOVA B:Sweden
Address Norrgatan 10, Varberg, SWE, 432 41
Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.
52GF Score

Get the complete analysis for FRA:733

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

€2.13
Price
€2.86
GF Value