Globe Trade Centre (FRA:G91) Days Payable: 405.75 (As of Mar. 2026) — 43% Above Median


FRA:G91 Globe Trade Centre SA FRA:G91
53 GF Score
Price €0.50
GF Value €1.10
! 8 Warning Signs
View Full Analysis

What is Globe Trade Centre Days Payable?

Globe Trade Centre FRA:G91 -1.38% 53 Days Payable is 405.75 as of Mar. 2026, which is 43% above its 10-year median of 283.90. GuruFocus rates FRA:G91 with a GF Score™ of 53/100 and a GF Value™ of €1.10. The stock has 8 warning signs investors should review. Among 1,570 Real Estate companies, Globe Trade Centre ranks better than 80.7% on this metric.

Globe Trade Centre's average Accounts Payable for the three months ended in Mar. 2026 was €70.7 Mil. Globe Trade Centre's Cost of Goods Sold for the three months ended in Mar. 2026 was €15.9 Mil. Hence, Globe Trade Centre's Days Payable for the three months ended in Mar. 2026 was 405.75.

The historical rank and industry rank for Globe Trade Centre's Days Payable or its related term are showing as below:

FRA:G91' s Days Payable Range Over the Past 10 Years
Min: 217.45   Med: 283.9   Max: 443.72
Current: 325.87

During the past 13 years, Globe Trade Centre's highest Days Payable was 443.72. The lowest was 217.45. And the median was 283.90.

FRA:G91's Days Payable is ranked better than
80.7% of 1570 companies
in the Real Estate industry
Industry Median: 94.38 vs FRA:G91: 325.87

Globe Trade Centre's Days Payable increased from Mar. 2025 (264.36) to Mar. 2026 (405.75). It may suggest that Globe Trade Centre delayed paying its suppliers.


Globe Trade Centre Days Payable Historical Data

* Premium members only.

The historical data trend for Globe Trade Centre'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.

Globe Trade Centre Days Payable Chart

Globe Trade Centre Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240.25 271.79 221.18 253.26 301.74

Globe Trade Centre Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 264.36 289.91 334.84 312.30 405.75

FRA:G91 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Globe Trade Centre'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.


Globe Trade Centre Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Globe Trade Centre's Days Payable distribution charts can be found below:

* The bar in red indicates where Globe Trade Centre's Days Payable falls into.


FRA:G91
53GF Score
Globe Trade Centre SA FRA:G91
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Trade Centre 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.

Globe Trade Centre'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
=( (51.7 + 68.5) / 2 ) / 72.7*365
=60.1 / 72.7*365
=301.74

Globe Trade Centre'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
=( (68.5 + 72.9) / 2 ) / 15.9*365 / 4
=70.7 / 15.9*365 / 4
=405.75

* 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 405.75 mean?
Globe Trade Centre (FRA:G91) has a Days Payable of 405.75 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 Globe Trade Centre and its competitors. This is 43% above median its historical median of 283.90. Over the past decade, Globe Trade Centre's Days Payable has ranged from 217.45 to 443.72. According to the industry distribution chart, Globe Trade Centre ranks #303 out of 1570 companies in the Real Estate industry, placing it in the top 19.3%.
Is Globe Trade Centre's Days Payable too high?
Globe Trade Centre's current Days Payable of 405.75 is 43% above median its 10-year median of 283.90. Over the past 10 years, this metric has ranged from a low of 217.45 to a high of 443.72. The Real Estate industry median Days Payable is 94.38. Globe Trade Centre's value of 405.75 is 329.9% above this industry median. Based on the distribution chart, Globe Trade Centre ranks #303 out of 1570 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Trade Centre has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Globe Trade Centre's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Globe Trade Centre ranks #303 out of 1570 companies for Days Payable. This places Globe Trade Centre in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.38. Globe Trade Centre's value of 405.75 is 329.9% above this benchmark. Historically, Globe Trade Centre's own Days Payable has ranged from 217.45 to 443.72 over the past decade. While the company's 10-year median is 283.90 vs. the industry median of 94.38, Globe Trade Centre 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 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. Globe Trade Centre's current Days Payable of 405.75 is 329.9% 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 Globe Trade Centre 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. Globe Trade Centre's current Days Payable is 405.75, which is 43% above median its own 10-year median of 283.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Trade Centre stock overvalued right now?
Globe Trade Centre (FRA:G91) has a current Days Payable of 405.75. The stock's GF Value™ is €1.10, compared to a current price of €0.50 — trading 54.6% below its estimated fair value. The current Days Payable is 405.75, which is 43% above median its 10-year median of 283.90 and 329.9% above the Real Estate industry median of 94.38. Globe Trade Centre's overall GF Score™ is 53/100 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 Globe Trade Centre (FRA:G91), the current Days Payable is 405.75 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 Globe Trade Centre (FRA:G91) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Trade Centre stock appears to be undervalued. The current stock price of €0.50 is trading 54.6% below its estimated GF Value™ of €1.10.

Key valuation signals for FRA:G91:

  • Days Payable: 405.75 (43% above median its 10-year median of 283.90)
  • GF Value™: €1.10 vs. price of €0.50 (54.6% below fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 329.9% above the Real Estate median (#303 of 1570)

No single metric tells the full story. See the FRA:G91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Trade Centre Business Description

Other Exchanges GTC:Poland
Address Komitetu Obrony Robotnikow 45A, Nothus Building, Warsaw, POL, 02-146
Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Hungary, Germany, Bucharest, Belgrade, Sofia, Zagreb, and others. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, the company generates key revenue from Poland, and the remaining is made up of other geographic areas.
53GF Score

Get the complete analysis for FRA:G91

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

€0.50
Price
€1.10
GF Value