NTT DC REIT (FRA:X3E) Days Payable: 116.88 (As of Mar. 2026) — 59% Above Median

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FRA:X3E NTT DC REIT FRA:X3E
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Price €0.79
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What is NTT DC REIT Days Payable?

NTT DC REIT FRA:X3E +1.33% 20 Days Payable is 116.88 as of Mar. 2026, which is 59% above its 10-year median of 73.54. GuruFocus rates FRA:X3E with a GF Score™ of 20/100. The stock has 7 warning signs investors should review. Among 537 REITs companies, NTT DC REIT ranks better than 63.5% on this metric.

NTT DC REIT's average Accounts Payable for the six months ended in Mar. 2026 was €39.1 Mil. NTT DC REIT's Cost of Goods Sold for the six months ended in Mar. 2026 was €61.1 Mil. Hence, NTT DC REIT's Days Payable for the six months ended in Mar. 2026 was 116.88.

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

FRA:X3E' s Days Payable Range Over the Past 10 Years
Min: 72.51   Med: 73.54   Max: 165.89
Current: 165.89

During the past 4 years, NTT DC REIT's highest Days Payable was 165.89. The lowest was 72.51. And the median was 73.54.

FRA:X3E's Days Payable is ranked better than
63.5% of 537 companies
in the REITs industry
Industry Median: 112.82 vs FRA:X3E: 165.89

NTT DC REIT's Days Payable increased from Mar. 2024 (0.00) to Mar. 2026 (116.88). It may suggest that NTT DC REIT delayed paying its suppliers.


NTT DC REIT Days Payable Historical Data

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The historical data trend for NTT 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.

NTT DC REIT Days Payable Chart

NTT DC REIT Annual Data
Trend Mar22 Mar23 Mar24 Mar26
Days Payable
0.00 0.00 74.56 75.23

NTT DC REIT Semi-Annual Data
Mar24 Sep25 Mar26
Days Payable 0.00 304.03 116.88

FRA:X3E vs VICI, WPC, BNL: Days Payable Comparison

For the REIT - Diversified subindustry, NTT 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.


NTT DC REIT Days Payable vs REITs Industry

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

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


FRA:X3E
20GF Score
NTT DC REIT FRA:X3E
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NTT 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.

NTT DC REIT'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. 2024 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (21.244 + 13.927) / 2 ) / 85.326*365
=17.5855 / 85.326*365
=75.23

NTT DC REIT'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (64.28 + 13.927) / 2 ) / 61.059*365 / 2
=39.1035 / 61.059*365 / 2
=116.88

* 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 116.88 mean?
NTT DC REIT (FRA:X3E) has a Days Payable of 116.88 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 NTT DC REIT and its competitors. This is 59% above median its historical median of 73.54. Over the past decade, NTT DC REIT's Days Payable has ranged from 72.51 to 165.89. According to the industry distribution chart, NTT DC REIT ranks #196 out of 537 companies in the REITs industry, placing it in the top 36.5%.
Is NTT DC REIT's Days Payable too high?
NTT DC REIT's current Days Payable of 116.88 is 59% above median its 10-year median of 73.54. Over the past 10 years, this metric has ranged from a low of 72.51 to a high of 165.89. The REITs industry median Days Payable is 112.82. NTT DC REIT's value of 116.88 is 3.6% above this industry median. Based on the distribution chart, NTT DC REIT ranks #196 out of 537 companies in the REITs industry, which is above the industry midpoint. Overall, NTT DC REIT has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does NTT DC REIT's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, NTT DC REIT ranks #196 out of 537 companies for Days Payable. This puts NTT DC REIT in the upper half of its industry. The industry median Days Payable is 112.82. NTT DC REIT's value of 116.88 is 3.6% above this benchmark. Historically, NTT DC REIT's own Days Payable has ranged from 72.51 to 165.89 over the past decade. While the company's 10-year median is 73.54 vs. the industry median of 112.82, NTT 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 112.82, based on 537 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. NTT DC REIT's current Days Payable of 116.88 is 3.6% 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 NTT DC REIT and its competitors. For the REITs industry, the median Days Payable is 112.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DC REIT's current Days Payable is 116.88, which is 59% above median its own 10-year median of 73.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DC REIT stock overvalued right now?
NTT DC REIT (FRA:X3E) has a current Days Payable of 116.88. The current Days Payable is 116.88, which is 59% above median its 10-year median of 73.54 and 3.6% above the REITs industry median of 112.82. NTT DC REIT's overall GF Score™ is 20/100 with 7 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 NTT DC REIT (FRA:X3E), the current Days Payable is 116.88 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.

NTT DC REIT Business Description

Industry Real EstateREITs
Other Exchanges NTDU:Singapore
Address 8 Kallang Avenue, No.14-01/02, Aperia Tower 1, Singapore, SGP, 339509
NTT DC REIT is a Singapore real estate investment trust (S-REIT) established with the principal of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used for data center purposes, as well as assets necessary to support the digital economy. Its key objectives are to provide Unitholders with regular and stable distributions and to achieve long-term growth in DPU and net asset value (NAV) per Unit, while maintaining an appropriate capital structure.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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