The historical rank and industry rank for Japan Excellent's Days Payable or its related term are showing as below:
FRA:81L'
s Days Payable Range Over the Past 10 Years
Min: 33.57 Med: 46.62 Max: 65.2
Current: 44.37
During the past 13 years, Japan Excellent's highest Days Payable was 65.20. The lowest was 33.57. And the median was 46.62.
FRA:81L's Days Payable is ranked worse than 74.41% of 547
companies
in the REITs industry
Industry Median: 119.45
vs FRA:81L: 44.37
Japan Excellent's Days Payable
increased
from Dec. 2024 (28.07) to Dec. 2025 (45.71).
It may suggest that Japan Excellentdelayed paying its suppliers.
Japan Excellent Days Payable Related Terms
Japan Excellent Days Payable Historical Data
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The historical data trend for Japan Excellent'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 - Office subindustry, Japan Excellent'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.
Japan Excellent Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Japan Excellent's Days Payable distribution charts can be found below:
* The bar in red indicates where Japan Excellent'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.
Japan Excellent'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.
Japan Excellent (FRA:81L) has a Days Payable of 45.71 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 Japan Excellent and its competitors. This is near median its historical median of 46.62. Over the past decade, Japan Excellent's Days Payable has ranged from 33.57 to 65.20. According to the industry distribution chart, Japan Excellent ranks #407 out of 547 companies in the REITs industry, placing it in the top 74.4%.
Is Japan Excellent's Days Payable too high?
Japan Excellent's current Days Payable of 45.71 is near median its 10-year median of 46.62. Over the past 10 years, this metric has ranged from a low of 33.57 to a high of 65.20. The REITs industry median Days Payable is 119.45. Japan Excellent's value of 45.71 is 61.7% below this industry median. Based on the distribution chart, Japan Excellent ranks #407 out of 547 companies in the REITs industry, which is below the industry midpoint. Overall, Japan Excellent has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Japan Excellent's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Excellent ranks #407 out of 547 companies for Days Payable. This places Japan Excellent in the lower half of its industry. The industry median Days Payable is 119.45. Japan Excellent's value of 45.71 is 61.7% below this benchmark. Historically, Japan Excellent's own Days Payable has ranged from 33.57 to 65.20 over the past decade. While the company's 10-year median is 46.62 vs. the industry median of 119.45, Japan Excellent 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 REITs company?
The median Days Payable among REITs companies is 119.45, based on 547 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. Japan Excellent's current Days Payable of 45.71 is 61.7% 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 Japan Excellent 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. Japan Excellent's current Days Payable is 45.71, which is near median its own 10-year median of 46.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Excellent stock overvalued right now?
Japan Excellent (FRA:81L) has a current Days Payable of 45.71. The stock's GF Value™ is €673.35, compared to a current price of €730.00 — trading 8.4% above its estimated fair value. The current Days Payable is 45.71, which is near median its 10-year median of 46.62 and 61.7% below the REITs industry median of 119.45. Japan Excellent's overall GF Score™ is 68/100 with 9 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 Japan Excellent (FRA:81L), the current Days Payable is 45.71 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 Japan Excellent (FRA:81L) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Excellent stock appears to be overvalued.
The current stock price of €730.00 is trading 8.4% above its estimated GF Value™ of €673.35.
Key valuation signals for FRA:81L:
Days Payable: 45.71 (near median its 10-year median of 46.62)
GF Value™: €673.35 vs. price of €730.00 (8.4% above fair value)
Industry Position: 61.7% below the REITs median (#407 of 547)
No single metric tells the full story. See the FRA:81L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.
68GF Score
Get the complete analysis for FRA:81L
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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