Mitsubishi Estate Co (FRA:MES) Days Payable: 17.37 (As of Mar. 2026) — 29% Below Median


FRA:MES Mitsubishi Estate Co Ltd FRA:MES
79 GF Score
Price €22.00
GF Value €15.84
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Mitsubishi Estate Co Days Payable?

Mitsubishi Estate Co FRA:MES +2.80% 79 Days Payable is 17.37 as of Mar. 2026, which is 29% below its 10-year median of 24.34. GuruFocus rates FRA:MES with a GF Score™ of 79/100 and a GF Value™ of €15.84 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,573 Real Estate companies, Mitsubishi Estate Co ranks worse than 85.76% on this metric.

Mitsubishi Estate Co's average Accounts Payable for the three months ended in Mar. 2026 was €411 Mil. Mitsubishi Estate Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €2,159 Mil. Hence, Mitsubishi Estate Co's Days Payable for the three months ended in Mar. 2026 was 17.37.

The historical rank and industry rank for Mitsubishi Estate Co's Days Payable or its related term are showing as below:

FRA:MES' s Days Payable Range Over the Past 10 Years
Min: 21.96   Med: 24.34   Max: 28.42
Current: 21.96

During the past 13 years, Mitsubishi Estate Co's highest Days Payable was 28.42. The lowest was 21.96. And the median was 24.34.

FRA:MES's Days Payable is ranked worse than
85.76% of 1573 companies
in the Real Estate industry
Industry Median: 94.03 vs FRA:MES: 21.96

Mitsubishi Estate Co's Days Payable declined from Mar. 2025 (18.10) to Mar. 2026 (17.37). It may suggest that Mitsubishi Estate Co accelerated paying its suppliers.


Mitsubishi Estate Co Days Payable Historical Data

* Premium members only.

The historical data trend for Mitsubishi Estate Co'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.

Mitsubishi Estate Co Days Payable Chart

Mitsubishi Estate Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.76 24.70 26.69 28.28 28.44

Mitsubishi Estate Co 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 18.10 26.46 21.38 21.24 17.37

Mitsubishi Estate Co Days Payable Competitor Comparison

For the Real Estate - Diversified subindustry, Mitsubishi Estate Co'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.


Mitsubishi Estate Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsubishi Estate Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mitsubishi Estate Co's Days Payable falls into.


FRA:MES
79GF Score
Mitsubishi Estate Co Ltd FRA:MES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Estate Co 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.

Mitsubishi Estate Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (582.494 + 514.559) / 2 ) / 7039.518*365
=548.5265 / 7039.518*365
=28.44

Mitsubishi Estate Co'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
=( (307.597 + 514.559) / 2 ) / 2159.121*365 / 4
=411.078 / 2159.121*365 / 4
=17.37

* 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 17.37 mean?
Mitsubishi Estate Co (FRA:MES) has a Days Payable of 17.37 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 Mitsubishi Estate Co and its competitors. This is 29% below median its historical median of 24.34. Over the past decade, Mitsubishi Estate Co's Days Payable has ranged from 21.96 to 28.42. According to the industry distribution chart, Mitsubishi Estate Co ranks #1349 out of 1573 companies in the Real Estate industry, placing it in the top 85.8%.
Is Mitsubishi Estate Co's Days Payable too high?
Mitsubishi Estate Co's current Days Payable of 17.37 is 29% below median its 10-year median of 24.34. Over the past 10 years, this metric has ranged from a low of 21.96 to a high of 28.42. The Real Estate industry median Days Payable is 94.03. Mitsubishi Estate Co's value of 17.37 is 81.5% below this industry median. Based on the distribution chart, Mitsubishi Estate Co ranks #1349 out of 1573 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Mitsubishi Estate Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Estate Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Mitsubishi Estate Co ranks #1349 out of 1573 companies for Days Payable. This places Mitsubishi Estate Co in the lower half of its industry. The industry median Days Payable is 94.03. Mitsubishi Estate Co's value of 17.37 is 81.5% below this benchmark. Historically, Mitsubishi Estate Co's own Days Payable has ranged from 21.96 to 28.42 over the past decade. While the company's 10-year median is 24.34 vs. the industry median of 94.03, Mitsubishi Estate Co 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 94.03, based on 1,573 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. Mitsubishi Estate Co's current Days Payable of 17.37 is 81.5% 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 Mitsubishi Estate Co and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Estate Co's current Days Payable is 17.37, which is 29% below median its own 10-year median of 24.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Estate Co (FRA:MES) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.84, compared to a current price of €22.00 — trading 38.9% above its estimated fair value. The current Days Payable is 17.37, which is 29% below median its 10-year median of 24.34 and 81.5% below the Real Estate industry median of 94.03. Mitsubishi Estate Co's overall GF Score™ is 79/100 with 3 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 Mitsubishi Estate Co (FRA:MES), the current Days Payable is 17.37 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 Mitsubishi Estate Co (FRA:MES) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Estate Co stock appears to be overvalued. The current stock price of €22.00 is trading 38.9% above its estimated GF Value™ of €15.84. GuruFocus considers Mitsubishi Estate Co to be Significantly Overvalued.

Key valuation signals for FRA:MES:

  • Days Payable: 17.37 (29% below median its 10-year median of 24.34)
  • GF Value™: €15.84 vs. price of €22.00 (38.9% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 81.5% below the Real Estate median (#1349 of 1573)

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


Mitsubishi Estate Co Business Description

Address 1-1, Otemachi 1-chome, Otemachi Park Building, Chiyoda-ku, Tokyo, JPN, 100-8133
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.
79GF Score

Get the complete analysis for FRA:MES

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

€22.00
Price
€15.84
GF Value