GSEFF (Covivio) Days Payable: 222.64 (As of Dec. 2025) — 68% Below Median


GSEFF Covivio SA GSEFF
68 GF Score
Price $63.01
GF Value $47.78
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Covivio Days Payable?

Covivio GSEFF 68 Days Payable is 222.64 as of Dec. 2025, which is 68% below its 10-year median of 694.26. GuruFocus rates GSEFF with a GF Score™ of 68/100 and a GF Value™ of $47.78 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 548 REITs companies, Covivio ranks better than 70.62% on this metric.

Covivio's average Accounts Payable for the six months ended in Dec. 2025 was $278 Mil. Covivio's Cost of Goods Sold for the six months ended in Dec. 2025 was $228 Mil. Hence, Covivio's Days Payable for the six months ended in Dec. 2025 was 222.64.

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

GSEFF' s Days Payable Range Over the Past 10 Years
Min: 200.17   Med: 694.26   Max: 788.77
Current: 220.09

During the past 13 years, Covivio's highest Days Payable was 788.77. The lowest was 200.17. And the median was 694.26.

GSEFF's Days Payable is ranked better than
70.62% of 548 companies
in the REITs industry
Industry Median: 119.45 vs GSEFF: 220.09

Covivio's Days Payable declined from Dec. 2024 (309.98) to Dec. 2025 (222.64). It may suggest that Covivio accelerated paying its suppliers.


Covivio Days Payable Historical Data

* Premium members only.

The historical data trend for Covivio'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.

Covivio Days Payable Chart

Covivio 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 715.59 806.60 212.87 266.33 188.52

Covivio 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 265.79 280.86 309.98 225.31 222.64

GSEFF vs VICI, WPC, BNL: Days Payable Comparison

For the REIT - Diversified subindustry, Covivio'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.


Covivio Days Payable vs REITs Industry

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

* The bar in red indicates where Covivio's Days Payable falls into.


GSEFF
68GF Score
Covivio SA GSEFF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Covivio 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.

Covivio'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
=( (250.576 + 229.274) / 2 ) / 464.52*365
=239.925 / 464.52*365
=188.52

Covivio'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
=( (325.836 + 229.274) / 2 ) / 227.518*365 / 2
=277.555 / 227.518*365 / 2
=222.64

* 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 222.64 mean?
Covivio (GSEFF) has a Days Payable of 222.64 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 Covivio and its competitors. This is 68% below median its historical median of 694.26. Over the past decade, Covivio's Days Payable has ranged from 200.17 to 788.77. According to the industry distribution chart, Covivio ranks #161 out of 548 companies in the REITs industry, placing it in the top 29.4%.
Is Covivio's Days Payable too high?
Covivio's current Days Payable of 222.64 is 68% below median its 10-year median of 694.26. Over the past 10 years, this metric has ranged from a low of 200.17 to a high of 788.77. The REITs industry median Days Payable is 119.45. Covivio's value of 222.64 is 86.4% above this industry median. Based on the distribution chart, Covivio ranks #161 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, Covivio has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Covivio's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Covivio ranks #161 out of 548 companies for Days Payable. This puts Covivio in the upper half of its industry. The industry median Days Payable is 119.45. Covivio's value of 222.64 is 86.4% above this benchmark. Historically, Covivio's own Days Payable has ranged from 200.17 to 788.77 over the past decade. While the company's 10-year median is 694.26 vs. the industry median of 119.45, Covivio 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 119.45, based on 548 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. Covivio's current Days Payable of 222.64 is 86.4% 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 Covivio and its competitors. For the REITs industry, the median Days Payable is 119.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covivio's current Days Payable is 222.64, which is 68% below median its own 10-year median of 694.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covivio stock overvalued right now?
Based on GuruFocus' analysis, Covivio (GSEFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $47.78, compared to a current price of $63.01 — trading 31.9% above its estimated fair value. The current Days Payable is 222.64, which is 68% below median its 10-year median of 694.26 and 86.4% above the REITs industry median of 119.45. Covivio's overall GF Score™ is 68/100 with 8 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 Covivio (GSEFF), the current Days Payable is 222.64 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 Covivio (GSEFF) Overvalued in 2026?

Based on GuruFocus' analysis, Covivio stock appears to be overvalued. The current stock price of $63.01 is trading 31.9% above its estimated GF Value™ of $47.78. GuruFocus considers Covivio to be Significantly Overvalued.

Key valuation signals for GSEFF:

  • Days Payable: 222.64 (68% below median its 10-year median of 694.26)
  • GF Value™: $47.78 vs. price of $63.01 (31.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 86.4% above the REITs median (#161 of 548)

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


Covivio Business Description

Industry Real EstateREITs
Address 18 Avenue Francois Mitterrand, Metz, FRA, 57000
Covivio SA is a French real estate investment trust involved in the ownership of properties mainly in France, Italy, and Germany. The majority of the properties in the company's real estate portfolio are office buildings located in Paris and Milan. German residential properties also represent a significant percentage of its total assets. Fonciere des Regions derives nearly all of its revenue in the form of rental income from the ownership and maintenance of its portfolio of properties. French offices generate the majority revenue for the company, while Italian office buildings and German residential buildings in Berlin, Hamburg, and Dresden also contribute sizable income streams.
68GF Score

Get the complete analysis for GSEFF

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

$63.01
Price
$47.78
GF Value