Sunlight Real Estate Investment Trust (FRA:Q9R) Days Payable: 99.91 (As of Dec. 2025) — 20% Above Median

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FRA:Q9R Sunlight Real Estate Investment Trust FRA:Q9R
47 GF Score
Price €0.22
GF Value €0.19
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sunlight Real Estate Investment Trust Days Payable?

Sunlight Real Estate Investment Trust FRA:Q9R +1.82% 47 Days Payable is 99.91 as of Dec. 2025, which is 20% above its 10-year median of 83.21. GuruFocus rates FRA:Q9R with a GF Score™ of 47/100 and a GF Value™ of €0.19 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 547 REITs companies, Sunlight Real Estate Investment Trust ranks worse than 54.11% on this metric.

Sunlight Real Estate Investment Trust's average Accounts Payable for the six months ended in Dec. 2025 was €5.60 Mil. Sunlight Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Dec. 2025 was €10.23 Mil. Hence, Sunlight Real Estate Investment Trust's Days Payable for the six months ended in Dec. 2025 was 99.91.

The historical rank and industry rank for Sunlight Real Estate Investment Trust's Days Payable or its related term are showing as below:

FRA:Q9R' s Days Payable Range Over the Past 10 Years
Min: 68.72   Med: 83.21   Max: 104.87
Current: 104.87

During the past 13 years, Sunlight Real Estate Investment Trust's highest Days Payable was 104.87. The lowest was 68.72. And the median was 83.21.

FRA:Q9R's Days Payable is ranked worse than
54.11% of 547 companies
in the REITs industry
Industry Median: 119.42 vs FRA:Q9R: 104.87

Sunlight Real Estate Investment Trust's Days Payable declined from Jun. 2024 (103.05) to Dec. 2025 (99.91). It may suggest that Sunlight Real Estate Investment Trust accelerated paying its suppliers.


Sunlight Real Estate Investment Trust Days Payable Related Terms


Sunlight Real Estate Investment Trust Days Payable Historical Data

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The historical data trend for Sunlight Real Estate Investment Trust'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.

Sunlight Real Estate Investment Trust Days Payable Chart

Sunlight Real Estate Investment Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.51 86.61 97.84 92.73 108.07

Sunlight Real Estate Investment Trust Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jun25 Dec25
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 99.37 89.50 103.05 110.54 99.91

FRA:Q9R vs VICI, WPC, BNL: Days Payable Comparison

For the REIT - Diversified subindustry, Sunlight Real Estate Investment Trust'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.


Sunlight Real Estate Investment Trust Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Sunlight Real Estate Investment Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunlight Real Estate Investment Trust's Days Payable falls into.


FRA:Q9R
47GF Score
Sunlight Real Estate Investment Trust FRA:Q9R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlight Real Estate Investment Trust 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.

Sunlight Real Estate Investment Trust'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: Jun. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (5.762 + 5.745) / 2 ) / 19.433*365
=5.7535 / 19.433*365
=108.07

Sunlight Real Estate Investment Trust's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (5.457 + 5.745) / 2 ) / 10.231*365 / 2
=5.601 / 10.231*365 / 2
=99.91

* 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 99.91 mean?
Sunlight Real Estate Investment Trust (FRA:Q9R) has a Days Payable of 99.91 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 Sunlight Real Estate Investment Trust and its competitors. This is 20% above median its historical median of 83.21. Over the past decade, Sunlight Real Estate Investment Trust's Days Payable has ranged from 68.72 to 104.87. According to the industry distribution chart, Sunlight Real Estate Investment Trust ranks #296 out of 547 companies in the REITs industry, placing it in the top 54.1%.
Is Sunlight Real Estate Investment Trust's Days Payable too high?
Sunlight Real Estate Investment Trust's current Days Payable of 99.91 is 20% above median its 10-year median of 83.21. Over the past 10 years, this metric has ranged from a low of 68.72 to a high of 104.87. The REITs industry median Days Payable is 119.42. Sunlight Real Estate Investment Trust's value of 99.91 is 16.3% below this industry median. Based on the distribution chart, Sunlight Real Estate Investment Trust ranks #296 out of 547 companies in the REITs industry, which is below the industry midpoint. Overall, Sunlight Real Estate Investment Trust has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunlight Real Estate Investment Trust's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Sunlight Real Estate Investment Trust ranks #296 out of 547 companies for Days Payable. This places Sunlight Real Estate Investment Trust in the lower half of its industry. The industry median Days Payable is 119.42. Sunlight Real Estate Investment Trust's value of 99.91 is 16.3% below this benchmark. Historically, Sunlight Real Estate Investment Trust's own Days Payable has ranged from 68.72 to 104.87 over the past decade. While the company's 10-year median is 83.21 vs. the industry median of 119.42, Sunlight Real Estate Investment Trust 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 119.42, 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. Sunlight Real Estate Investment Trust's current Days Payable of 99.91 is 16.3% 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 Sunlight Real Estate Investment Trust and its competitors. For the REITs industry, the median Days Payable is 119.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlight Real Estate Investment Trust's current Days Payable is 99.91, which is 20% above median its own 10-year median of 83.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlight Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Sunlight Real Estate Investment Trust (FRA:Q9R) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.19, compared to a current price of €0.22 — trading 17.9% above its estimated fair value. The current Days Payable is 99.91, which is 20% above median its 10-year median of 83.21 and 16.3% below the REITs industry median of 119.42. Sunlight Real Estate Investment Trust's overall GF Score™ is 47/100 with 5 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 Sunlight Real Estate Investment Trust (FRA:Q9R), the current Days Payable is 99.91 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 Sunlight Real Estate Investment Trust (FRA:Q9R) Overvalued in 2026?

Based on GuruFocus' analysis, Sunlight Real Estate Investment Trust stock appears to be overvalued. The current stock price of €0.22 is trading 17.9% above its estimated GF Value™ of €0.19. GuruFocus considers Sunlight Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for FRA:Q9R:

  • Days Payable: 99.91 (20% above median its 10-year median of 83.21)
  • GF Value™: €0.19 vs. price of €0.22 (17.9% above fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 16.3% below the REITs median (#296 of 547)

No single metric tells the full story. See the FRA:Q9R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunlight Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 00435:Hong Kong
Address 248 Queen’s Road East, 30th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG
Sunlight Real Estate Investment Trust invests in a portfolio of office and retail properties in Hong Kong. The office properties are located in core business areas, including the Central, Wan Chai, and Sheung Wan districts. Properties are also located in decentralized business areas of the city, including North Point, Mong Kok, and Yau Ma Tei. Office properties include Sunlight Tower, Strand 50, Righteous Centre, and Winsome House Property. The retail properties are located in regional transportation hubs, towns, and urban areas, including Sheung Shui Centre Shopping Arcade, Metro City, and Kwong Wash Plaza. The company has two operating segments, which are Office Properties and Retail Properties. The company generates the majority of its revenue from the Retail Properties.
47GF Score

Get the complete analysis for FRA:Q9R

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

€0.22
Price
€0.19
GF Value