Goodman GroupFRA:MY4 -0.52%82 Days Payable is 528.41 as of Dec. 2025, which is 1224% above its 10-year median of 39.91. GuruFocus rates FRA:MY4 with a GF Score™ of 82/100 and a GF Value™ of €23.65 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 548 REITs companies, Goodman Group ranks better than 90.15% on this metric.
The historical rank and industry rank for Goodman Group's Days Payable or its related term are showing as below:
FRA:MY4'
s Days Payable Range Over the Past 10 Years
Min: 22.18 Med: 39.91 Max: 593.66
Current: 593.66
During the past 13 years, Goodman Group's highest Days Payable was 593.66. The lowest was 22.18. And the median was 39.91.
FRA:MY4's Days Payable is ranked better than 90.15% of 548
companies
in the REITs industry
Industry Median: 119.45
vs FRA:MY4: 593.66
Goodman Group's Days Payable
increased
from Dec. 2024 (250.61) to Dec. 2025 (528.41).
It may suggest that Goodman Groupdelayed paying its suppliers.
Goodman Group Days Payable Related Terms
Goodman Group Days Payable Historical Data
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The historical data trend for Goodman 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:MY4 vs VICI, WPC, BNL: Days Payable Comparison
For the REIT - Diversified subindustry, Goodman 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.
Goodman Group Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Goodman Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Goodman 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.
Goodman Group's Days Payable for the fiscal year that ended in Jun. 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.
Goodman Group (FRA:MY4) has a Days Payable of 528.41 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 Goodman Group and its competitors. This is 1224% above median its historical median of 39.91. Over the past decade, Goodman Group's Days Payable has ranged from 22.18 to 593.66. According to the industry distribution chart, Goodman Group ranks #54 out of 548 companies in the REITs industry, placing it in the top 9.9%.
Is Goodman Group's Days Payable too high?
Goodman Group's current Days Payable of 528.41 is 1224% above median its 10-year median of 39.91. Over the past 10 years, this metric has ranged from a low of 22.18 to a high of 593.66. The REITs industry median Days Payable is 119.45. Goodman Group's value of 528.41 is 342.4% above this industry median. Based on the distribution chart, Goodman Group ranks #54 out of 548 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Goodman Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodman Group's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Goodman Group ranks #54 out of 548 companies for Days Payable. This places Goodman Group in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.45. Goodman Group's value of 528.41 is 342.4% above this benchmark. Historically, Goodman Group's own Days Payable has ranged from 22.18 to 593.66 over the past decade. While the company's 10-year median is 39.91 vs. the industry median of 119.45, Goodman 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. Goodman Group's current Days Payable of 528.41 is 342.4% 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 Goodman 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. Goodman Group's current Days Payable is 528.41, which is 1224% above median its own 10-year median of 39.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman Group stock overvalued right now?
Based on GuruFocus' analysis, Goodman Group (FRA:MY4) is currently considered Modestly Undervalued. The stock's GF Value™ is €23.65, compared to a current price of €19.08 — trading 19.3% below its estimated fair value. The current Days Payable is 528.41, which is 1224% above median its 10-year median of 39.91 and 342.4% above the REITs industry median of 119.45. Goodman Group's overall GF Score™ is 82/100 with 6 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 Goodman Group (FRA:MY4), the current Days Payable is 528.41 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 Goodman Group (FRA:MY4) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman Group stock appears to be undervalued.
The current stock price of €19.08 is trading 19.3% below its estimated GF Value™ of €23.65.
GuruFocus considers Goodman Group to be Modestly Undervalued.
Key valuation signals for FRA:MY4:
Days Payable: 528.41 (1224% above median its 10-year median of 39.91)
GF Value™: €23.65 vs. price of €19.08 (19.3% below fair value)
Industry Position: 342.4% above the REITs median (#54 of 548)
No single metric tells the full story. See the FRA:MY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodman Group owns, manages, and develops industrial properties in 13 countries, historically in Australia but increasingly worldwide. Around half of its operating earnings come from development, a third from management, and the rest from property investment. Most developments are undertaken on behalf of third parties or fund investors. Goodman earns fees in return for development management services. Completed projects are either sold or reside in one of Goodman's funds or partnerships. Goodman typically retains ownership stakes in the investment vehicles and continues to manage the sites after completion, collecting investment management base fees, performance fees, property services fees, and a share of rental income.
82GF Score
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