ICGGF (Ichigo Green Infrastructure Investment) Days Payable: 40.05 (As of Dec. 2025) — 2228% Above Median


ICGGF Ichigo Green Infrastructure Investment Corp ICGGF
78 GF Score
Price $312.10
GF Value $355.00
! 4 Warning Signs
View Full Analysis

What is Ichigo Green Infrastructure Investment Days Payable?

Ichigo Green Infrastructure Investment ICGGF 78 Days Payable is 40.05 as of Dec. 2025, which is 2228% above its 10-year median of 1.72. GuruFocus rates ICGGF with a GF Scoreâ„¢ of 78/100 and a GF Valueâ„¢ of $355.00. The stock has 4 warning signs investors should review. Among 548 REITs companies, Ichigo Green Infrastructure Investment ranks worse than 86.13% on this metric.

Ichigo Green Infrastructure Investment's average Accounts Payable for the six months ended in Dec. 2025 was $0.50 Mil. Ichigo Green Infrastructure Investment's Cost of Goods Sold for the six months ended in Dec. 2025 was $2.27 Mil. Hence, Ichigo Green Infrastructure Investment's Days Payable for the six months ended in Dec. 2025 was 40.05.

The historical rank and industry rank for Ichigo Green Infrastructure Investment's Days Payable or its related term are showing as below:

ICGGF' s Days Payable Range Over the Past 10 Years
Min: 0.61   Med: 1.72   Max: 23.53
Current: 23.53

During the past 8 years, Ichigo Green Infrastructure Investment's highest Days Payable was 23.53. The lowest was 0.61. And the median was 1.72.

ICGGF's Days Payable is ranked worse than
86.13% of 548 companies
in the REITs industry
Industry Median: 119.45 vs ICGGF: 23.53

Ichigo Green Infrastructure Investment's Days Payable increased from Dec. 2024 (18.14) to Dec. 2025 (40.05). It may suggest that Ichigo Green Infrastructure Investment delayed paying its suppliers.


Ichigo Green Infrastructure Investment Days Payable Related Terms


Ichigo Green Infrastructure Investment Days Payable Historical Data

* Premium members only.

The historical data trend for Ichigo Green Infrastructure Investment'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.

Ichigo Green Infrastructure Investment Days Payable Chart

Ichigo Green Infrastructure Investment Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 1.71 0.65 1.61 1.74 17.64

Ichigo Green Infrastructure Investment Semi-Annual Data
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 0.00 4.94 18.14 10.34 40.05

ICGGF vs EQIX, AMT, DLR: Days Payable Comparison

For the REIT - Specialty subindustry, Ichigo Green Infrastructure Investment'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.


Ichigo Green Infrastructure Investment Days Payable vs REITs Industry

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

* The bar in red indicates where Ichigo Green Infrastructure Investment's Days Payable falls into.


ICGGF
78GF Score
Ichigo Green Infrastructure Investment Corp ICGGF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichigo Green Infrastructure Investment 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.

Ichigo Green Infrastructure Investment's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0 + 0.332) / 1 ) / 6.871*365
=0.332 / 6.871*365
=17.64

Ichigo Green Infrastructure Investment'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
=( (0.217 + 0.777) / 2 ) / 2.265*365 / 2
=0.497 / 2.265*365 / 2
=40.05

* 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 40.05 mean?
Ichigo Green Infrastructure Investment (ICGGF) has a Days Payable of 40.05 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 Ichigo Green Infrastructure Investment and its competitors. This is 2228% above median its historical median of 1.72. Over the past decade, Ichigo Green Infrastructure Investment's Days Payable has ranged from 0.61 to 23.53. According to the industry distribution chart, Ichigo Green Infrastructure Investment ranks #472 out of 548 companies in the REITs industry, placing it in the top 86.1%.
Is Ichigo Green Infrastructure Investment's Days Payable too high?
Ichigo Green Infrastructure Investment's current Days Payable of 40.05 is 2228% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 23.53. The REITs industry median Days Payable is 119.45. Ichigo Green Infrastructure Investment's value of 40.05 is 66.5% below this industry median. Based on the distribution chart, Ichigo Green Infrastructure Investment ranks #472 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ichigo Green Infrastructure Investment has a GF Scoreâ„¢ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo Green Infrastructure Investment's Days Payable compare to EQIX and AMT?
According to the REITs industry distribution chart, Ichigo Green Infrastructure Investment ranks #472 out of 548 companies for Days Payable. This places Ichigo Green Infrastructure Investment in the lower half of its industry. The industry median Days Payable is 119.45. Ichigo Green Infrastructure Investment's value of 40.05 is 66.5% below this benchmark. Historically, Ichigo Green Infrastructure Investment's own Days Payable has ranged from 0.61 to 23.53 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 119.45, Ichigo Green Infrastructure Investment 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 119.45, 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. Ichigo Green Infrastructure Investment's current Days Payable of 40.05 is 66.5% 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 Ichigo Green Infrastructure Investment 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. Ichigo Green Infrastructure Investment's current Days Payable is 40.05, which is 2228% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Green Infrastructure Investment stock overvalued right now?
Ichigo Green Infrastructure Investment (ICGGF) has a current Days Payable of 40.05. The stock's GF Value™ is $355.00, compared to a current price of $312.10 — trading 12.1% below its estimated fair value. The current Days Payable is 40.05, which is 2228% above median its 10-year median of 1.72 and 66.5% below the REITs industry median of 119.45. Ichigo Green Infrastructure Investment's overall GF Score™ is 78/100 with 4 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 Ichigo Green Infrastructure Investment (ICGGF), the current Days Payable is 40.05 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 Ichigo Green Infrastructure Investment (ICGGF) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Green Infrastructure Investment stock appears to be undervalued. The current stock price of $312.10 is trading 12.1% below its estimated GF Value™ of $355.00.

Key valuation signals for ICGGF:

  • Days Payable: 40.05 (2228% above median its 10-year median of 1.72)
  • GF Value™: $355.00 vs. price of $312.10 (12.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 66.5% below the REITs median (#472 of 548)

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


Ichigo Green Infrastructure Investment Business Description

Industry Real EstateREITs
Other Exchanges 9282:Japan
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Green Infrastructure Investment Corp is a solar power energy company. It invests in renewable energy power plants in Japan. It invests in photovoltaic power generation facilities with small- and medium-scale power generation amount and also invests in medium- and large-scale photovoltaic power generation facilities.
78GF Score

Get the complete analysis for ICGGF

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

$312.10
Price
$355.00
GF Value