Keppel DC REIT (FRA:R09) Days Payable: 235.18 (As of Dec. 2025) — 84% Above Median


FRA:R09 Keppel DC REIT FRA:R09
63 GF Score
Price €1.50
GF Value €1.63
Valuation Fairly Valued
! 10 Warning Signs
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What is Keppel DC REIT Days Payable?

Keppel DC REIT FRA:R09 63 Days Payable is 235.18 as of Dec. 2025, which is 84% above its 10-year median of 127.98. GuruFocus rates FRA:R09 with a GF Score™ of 63/100 and a GF Value™ of €1.63 (Fairly Valued). The stock has 10 warning signs investors should review. Among 549 REITs companies, Keppel DC REIT ranks better than 78.87% on this metric.

Keppel DC REIT's average Accounts Payable for the six months ended in Dec. 2025 was €42.1 Mil. Keppel DC REIT's Cost of Goods Sold for the six months ended in Dec. 2025 was €32.7 Mil. Hence, Keppel DC REIT's Days Payable for the six months ended in Dec. 2025 was 235.18.

The historical rank and industry rank for Keppel DC REIT's Days Payable or its related term are showing as below:

FRA:R09' s Days Payable Range Over the Past 10 Years
Min: 33.58   Med: 127.98   Max: 398.61
Current: 286.19

During the past 12 years, Keppel DC REIT's highest Days Payable was 398.61. The lowest was 33.58. And the median was 127.98.

FRA:R09's Days Payable is ranked better than
78.87% of 549 companies
in the REITs industry
Industry Median: 119.76 vs FRA:R09: 286.19

Keppel DC REIT's Days Payable declined from Dec. 2024 (348.58) to Dec. 2025 (235.18). It may suggest that Keppel DC REIT accelerated paying its suppliers.


Keppel DC REIT Days Payable Historical Data

* Premium members only.

The historical data trend for Keppel DC REIT'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.

Keppel DC REIT Days Payable Chart

Keppel DC REIT 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 210.95 386.11 197.10 248.19 248.60

Keppel DC REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 173.58 135.00 348.58 405.47 235.18

FRA:R09 vs BXP, ARE, VNO: Days Payable Comparison

For the REIT - Office subindustry, Keppel DC REIT'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.


Keppel DC REIT Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Keppel DC REIT's Days Payable distribution charts can be found below:

* The bar in red indicates where Keppel DC REIT's Days Payable falls into.


FRA:R09
63GF Score
Keppel DC REIT FRA:R09
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Keppel DC REIT 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.

Keppel DC REIT'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
=( (71.817 + 15.046) / 2 ) / 63.766*365
=43.4315 / 63.766*365
=248.60

Keppel DC REIT'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
=( (69.229 + 15.046) / 2 ) / 32.699*365 / 2
=42.1375 / 32.699*365 / 2
=235.18

* 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 235.18 mean?
Keppel DC REIT (FRA:R09) has a Days Payable of 235.18 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 Keppel DC REIT and its competitors. This is 84% above median its historical median of 127.98. Over the past decade, Keppel DC REIT's Days Payable has ranged from 33.58 to 398.61. According to the industry distribution chart, Keppel DC REIT ranks #116 out of 549 companies in the REITs industry, placing it in the top 21.1%.
Is Keppel DC REIT's Days Payable too high?
Keppel DC REIT's current Days Payable of 235.18 is 84% above median its 10-year median of 127.98. Over the past 10 years, this metric has ranged from a low of 33.58 to a high of 398.61. The REITs industry median Days Payable is 119.76. Keppel DC REIT's value of 235.18 is 96.4% above this industry median. Based on the distribution chart, Keppel DC REIT ranks #116 out of 549 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Keppel DC REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel DC REIT ranks #116 out of 549 companies for Days Payable. This places Keppel DC REIT in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.76. Keppel DC REIT's value of 235.18 is 96.4% above this benchmark. Historically, Keppel DC REIT's own Days Payable has ranged from 33.58 to 398.61 over the past decade. While the company's 10-year median is 127.98 vs. the industry median of 119.76, Keppel DC REIT 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 119.76, based on 549 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. Keppel DC REIT's current Days Payable of 235.18 is 96.4% 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 Keppel DC REIT and its competitors. For the REITs industry, the median Days Payable is 119.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel DC REIT's current Days Payable is 235.18, which is 84% above median its own 10-year median of 127.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (FRA:R09) is currently considered Fairly Valued. The stock's GF Value™ is €1.63, compared to a current price of €1.50 — trading 8% below its estimated fair value. The current Days Payable is 235.18, which is 84% above median its 10-year median of 127.98 and 96.4% above the REITs industry median of 119.76. Keppel DC REIT's overall GF Score™ is 63/100 with 10 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 Keppel DC REIT (FRA:R09), the current Days Payable is 235.18 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 Keppel DC REIT (FRA:R09) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued. The current stock price of €1.50 is trading 8% below its estimated GF Value™ of €1.63. GuruFocus considers Keppel DC REIT to be Fairly Valued.

Key valuation signals for FRA:R09:

  • Days Payable: 235.18 (84% above median its 10-year median of 127.98)
  • GF Value™: €1.63 vs. price of €1.50 (8% below fair value)
  • GF Score™: 63/100 with 10 warning signs
  • Industry Position: 96.4% above the REITs median (#116 of 549)

No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keppel DC REIT Business Description

Industry Real EstateREITs
Other Exchanges KPDCF:USAAJBU:Singapore
Address 16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
63GF Score

Get the complete analysis for FRA:R09

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

€1.50
Price
€1.63
GF Value