GLPJF (GLP J-REIT) Days Payable: 10.17 (As of Feb. 2026) — Near Median


GLPJF GLP J-REIT GLPJF
72 GF Score
Price $824.70
GF Value $857.36
! 6 Warning Signs
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What is GLP J-REIT Days Payable?

GLP J-REIT GLPJF -5.09% 72 Days Payable is 10.17 as of Feb. 2026, which is 3% below its 10-year median of 10.49. GuruFocus rates GLPJF with a GF Score™ of 72/100 and a GF Value™ of $857.36. The stock has 6 warning signs investors should review. Among 549 REITs companies, GLP J-REIT ranks worse than 95.08% on this metric.

GLP J-REIT's average Accounts Payable for the six months ended in Feb. 2026 was $3.2 Mil. GLP J-REIT's Cost of Goods Sold for the six months ended in Feb. 2026 was $57.2 Mil. Hence, GLP J-REIT's Days Payable for the six months ended in Feb. 2026 was 10.17.

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

GLPJF' s Days Payable Range Over the Past 10 Years
Min: 8.95   Med: 10.49   Max: 12.41
Current: 8.95

During the past 13 years, GLP J-REIT's highest Days Payable was 12.41. The lowest was 8.95. And the median was 10.49.

GLPJF's Days Payable is ranked worse than
95.08% of 549 companies
in the REITs industry
Industry Median: 119.66 vs GLPJF: 8.95

GLP J-REIT's Days Payable declined from Feb. 2025 (10.32) to Feb. 2026 (10.17). It may suggest that GLP J-REIT accelerated paying its suppliers.


GLP J-REIT Days Payable Historical Data

* Premium members only.

The historical data trend for GLP J-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.

GLP J-REIT Days Payable Chart

GLP J-REIT Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.83 11.54 11.75 12.35 12.46

GLP J-REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 9.86 9.60 10.32 9.66 10.17

GLPJF vs PLD, PSA, EXR: Days Payable Comparison

For the REIT - Industrial subindustry, GLP J-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.


GLP J-REIT Days Payable vs REITs Industry

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

* The bar in red indicates where GLP J-REIT's Days Payable falls into.


GLPJF
72GF Score
GLP J-REIT GLPJF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GLP J-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.

GLP J-REIT's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (4.273 + 4.143) / 2 ) / 123.26*365
=4.208 / 123.26*365
=12.46

GLP J-REIT's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (4.143 + 2.229) / 2 ) / 57.15*365 / 2
=3.186 / 57.15*365 / 2
=10.17

* 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 10.17 mean?
GLP J-REIT (GLPJF) has a Days Payable of 10.17 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on GLP J-REIT and its competitors. This is near median its historical median of 10.49. Over the past decade, GLP J-REIT's Days Payable has ranged from 8.95 to 12.41. According to the industry distribution chart, GLP J-REIT ranks #522 out of 549 companies in the REITs industry, placing it in the top 95.1%.
Is GLP J-REIT's Days Payable too high?
GLP J-REIT's current Days Payable of 10.17 is near median its 10-year median of 10.49. Over the past 10 years, this metric has ranged from a low of 8.95 to a high of 12.41. The REITs industry median Days Payable is 119.66. GLP J-REIT's value of 10.17 is 91.5% below this industry median. Based on the distribution chart, GLP J-REIT ranks #522 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, GLP J-REIT has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #522 out of 549 companies for Days Payable. This places GLP J-REIT in the lower half of its industry. The industry median Days Payable is 119.66. GLP J-REIT's value of 10.17 is 91.5% below this benchmark. Historically, GLP J-REIT's own Days Payable has ranged from 8.95 to 12.41 over the past decade. While the company's 10-year median is 10.49 vs. the industry median of 119.66, GLP J-REIT 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 119.66, 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. GLP J-REIT's current Days Payable of 10.17 is 91.5% 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 GLP J-REIT and its competitors. For the REITs industry, the median Days Payable is 119.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current Days Payable is 10.17, which is near median its own 10-year median of 10.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
GLP J-REIT (GLPJF) has a current Days Payable of 10.17. The stock's GF Value™ is $857.36, compared to a current price of $824.70 — trading 3.8% below its estimated fair value. The current Days Payable is 10.17, which is near median its 10-year median of 10.49 and 91.5% below the REITs industry median of 119.66. GLP J-REIT's overall GF Score™ is 72/100 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 GLP J-REIT (GLPJF), the current Days Payable is 10.17 as of Feb. 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 GLP J-REIT (GLPJF) Overvalued in 2026?

Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued. The current stock price of $824.70 is trading 3.8% below its estimated GF Value™ of $857.36.

Key valuation signals for GLPJF:

  • Days Payable: 10.17 (near median its 10-year median of 10.49)
  • GF Value™: $857.36 vs. price of $824.70 (3.8% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 91.5% below the REITs median (#522 of 549)

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


GLP J-REIT Business Description

Industry Real EstateREITs
Other Exchanges 3281:Japan
Address Tokyo Midtown Yaesu, 16F, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
72GF Score

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

$824.70
Price
$857.36
GF Value