FREVS (First Real Estate Investment Trust of New Jersey) Days Payable: 47.80 (As of Apr. 2026) — 55% Below Median

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FREVS First Real Estate Investment Trust of New Jersey Inc FREVS
65 GF Score
Price $21.35
GF Value $17.10
Valuation Modestly Overvalued
! 9 Warning Signs
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What is First Real Estate Investment Trust of New Jersey Days Payable?

First Real Estate Investment Trust of New Jersey FREVS 65 Days Payable is 47.80 as of Apr. 2026, which is 55% below its 10-year median of 106.82. GuruFocus rates FREVS with a GF Score™ of 65/100 and a GF Value™ of $17.10 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 537 REITs companies, First Real Estate Investment Trust of New Jersey ranks worse than 71.51% on this metric.

First Real Estate Investment Trust of New Jersey's average Accounts Payable for the three months ended in Apr. 2026 was $0.79 Mil. First Real Estate Investment Trust of New Jersey's Cost of Goods Sold for the three months ended in Apr. 2026 was $1.51 Mil. Hence, First Real Estate Investment Trust of New Jersey's Days Payable for the three months ended in Apr. 2026 was 47.80.

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

FREVS' s Days Payable Range Over the Past 10 Years
Min: 46.82   Med: 106.82   Max: 423.53
Current: 47.14

During the past 13 years, First Real Estate Investment Trust of New Jersey's highest Days Payable was 423.53. The lowest was 46.82. And the median was 106.82.

FREVS's Days Payable is ranked worse than
71.51% of 537 companies
in the REITs industry
Industry Median: 117.28 vs FREVS: 47.14

First Real Estate Investment Trust of New Jersey's Days Payable declined from Apr. 2025 (56.99) to Apr. 2026 (47.80). It may suggest that First Real Estate Investment Trust of New Jersey accelerated paying its suppliers.


First Real Estate Investment Trust of New Jersey Days Payable Related Terms


First Real Estate Investment Trust of New Jersey Days Payable Historical Data

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The historical data trend for First Real Estate Investment Trust of New Jersey'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.

First Real Estate Investment Trust of New Jersey Days Payable Chart

First Real Estate Investment Trust of New Jersey Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.31 108.32 79.96 64.93 46.82

First Real Estate Investment Trust of New Jersey Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 56.99 35.16 125.89 34.21 47.80

FREVS vs ELME, MRTI, CLPR: Days Payable Comparison

For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey'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.


First Real Estate Investment Trust of New Jersey Days Payable vs REITs Industry

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

* The bar in red indicates where First Real Estate Investment Trust of New Jersey's Days Payable falls into.


FREVS
65GF Score
First Real Estate Investment Trust of New Jersey Inc FREVS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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First Real Estate Investment Trust of New Jersey 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.

First Real Estate Investment Trust of New Jersey's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (0.857 + 0.665) / 2 ) / 5.933*365
=0.761 / 5.933*365
=46.82

First Real Estate Investment Trust of New Jersey's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (0.717 + 0.866) / 2 ) / 1.511*365 / 4
=0.7915 / 1.511*365 / 4
=47.80

* 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 47.80 mean?
First Real Estate Investment Trust of New Jersey (FREVS) has a Days Payable of 47.80 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on First Real Estate Investment Trust of New Jersey and its competitors. This is 55% below median its historical median of 106.82. Over the past decade, First Real Estate Investment Trust of New Jersey's Days Payable has ranged from 46.82 to 423.53. According to the industry distribution chart, First Real Estate Investment Trust of New Jersey ranks #384 out of 537 companies in the REITs industry, placing it in the top 71.5%.
Is First Real Estate Investment Trust of New Jersey's Days Payable too high?
First Real Estate Investment Trust of New Jersey's current Days Payable of 47.80 is 55% below median its 10-year median of 106.82. Over the past 10 years, this metric has ranged from a low of 46.82 to a high of 423.53. The REITs industry median Days Payable is 117.28. First Real Estate Investment Trust of New Jersey's value of 47.80 is 59.2% below this industry median. Based on the distribution chart, First Real Estate Investment Trust of New Jersey ranks #384 out of 537 companies in the REITs industry, which is below the industry midpoint. Overall, First Real Estate Investment Trust of New Jersey has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust of New Jersey's Days Payable compare to ELME and MRTI?
According to the REITs industry distribution chart, First Real Estate Investment Trust of New Jersey ranks #384 out of 537 companies for Days Payable. This places First Real Estate Investment Trust of New Jersey in the lower half of its industry. The industry median Days Payable is 117.28. First Real Estate Investment Trust of New Jersey's value of 47.80 is 59.2% below this benchmark. Historically, First Real Estate Investment Trust of New Jersey's own Days Payable has ranged from 46.82 to 423.53 over the past decade. While the company's 10-year median is 106.82 vs. the industry median of 117.28, First Real Estate Investment Trust of New Jersey 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 117.28, 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. First Real Estate Investment Trust of New Jersey's current Days Payable of 47.80 is 59.2% 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 First Real Estate Investment Trust of New Jersey and its competitors. For the REITs industry, the median Days Payable is 117.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Real Estate Investment Trust of New Jersey's current Days Payable is 47.80, which is 55% below median its own 10-year median of 106.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust of New Jersey stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey (FREVS) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.10, compared to a current price of $21.35 — trading 24.9% above its estimated fair value. The current Days Payable is 47.80, which is 55% below median its 10-year median of 106.82 and 59.2% below the REITs industry median of 117.28. First Real Estate Investment Trust of New Jersey's overall GF Score™ is 65/100 with 9 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 First Real Estate Investment Trust of New Jersey (FREVS), the current Days Payable is 47.80 as of Apr. 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 First Real Estate Investment Trust of New Jersey (FREVS) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey stock appears to be overvalued. The current stock price of $21.35 is trading 24.9% above its estimated GF Value™ of $17.10. GuruFocus considers First Real Estate Investment Trust of New Jersey to be Modestly Overvalued.

Key valuation signals for FREVS:

  • Days Payable: 47.80 (55% below median its 10-year median of 106.82)
  • GF Value™: $17.10 vs. price of $21.35 (24.9% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 59.2% below the REITs median (#384 of 537)

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


First Real Estate Investment Trust of New Jersey Business Description

Industry Real EstateREITs
Address 505 Main Street, Suite 400, Hackensack, NJ, USA, 07601
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
65GF Score

Get the complete analysis for FREVS

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

$21.35
Price
$17.10
GF Value