IGPYF (Argosy Property) Days Payable: 135.99 (As of Mar. 2026)

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IGPYF Argosy Property Ltd IGPYF
69 GF Score
Price $0.75
GF Value $0.75
! 9 Warning Signs
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What is Argosy Property Days Payable?

Argosy Property IGPYF 69 Days Payable is 135.99 as of Mar. 2026. GuruFocus rates IGPYF with a GF Score™ of 69/100 and a GF Value™ of $0.75. The stock has 9 warning signs investors should review. Among 540 REITs companies, Argosy Property ranks better than 51.85% on this metric.

Argosy Property's average Accounts Payable for the six months ended in Mar. 2026 was $8.71 Mil. Argosy Property's Cost of Goods Sold for the six months ended in Mar. 2026 was $11.68 Mil. Hence, Argosy Property's Days Payable for the six months ended in Mar. 2026 was 135.99.

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

IGPYF' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 125.88
Current: 125.88

During the past 13 years, Argosy Property's highest Days Payable was 125.88. The lowest was 0.00. And the median was 0.00.

IGPYF's Days Payable is ranked better than
51.85% of 540 companies
in the REITs industry
Industry Median: 119.555 vs IGPYF: 125.88

Argosy Property's Days Payable increased from Mar. 2025 (126.11) to Mar. 2026 (135.99). It may suggest that Argosy Property delayed paying its suppliers.


Argosy Property Days Payable Historical Data

* Premium members only.

The historical data trend for Argosy Property'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.

Argosy Property Days Payable Chart

Argosy Property Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Argosy Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 120.81 111.87 126.11 141.72 135.99

IGPYF vs VICI, WPC, BNL: Days Payable Comparison

For the REIT - Diversified subindustry, Argosy Property'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.


Argosy Property Days Payable vs REITs Industry

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

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


IGPYF
69GF Score
Argosy Property Ltd IGPYF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Argosy Property 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.

Argosy Property'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. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 22.826*365
=0 / 22.826*365
=0.00

Argosy Property'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
=( (8.705 + 0) / 1 ) / 11.682*365 / 2
=8.705 / 11.682*365 / 2
=135.99

* 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 135.99 mean?
Argosy Property (IGPYF) has a Days Payable of 135.99 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 Argosy Property and its competitors. According to the industry distribution chart, Argosy Property ranks #260 out of 540 companies in the REITs industry, placing it in the top 48.1%.
Is Argosy Property's Days Payable too high?
Argosy Property's current Days Payable is 135.99. The REITs industry median Days Payable is 119.56. Argosy Property's value of 135.99 is 13.7% above this industry median. Based on the distribution chart, Argosy Property ranks #260 out of 540 companies in the REITs industry, which is above the industry midpoint. Overall, Argosy Property has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Argosy Property's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Argosy Property ranks #260 out of 540 companies for Days Payable. This puts Argosy Property in the upper half of its industry. The industry median Days Payable is 119.56. Argosy Property's value of 135.99 is 13.7% above this benchmark. 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 119.56, based on 540 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. Argosy Property's current Days Payable of 135.99 is 13.7% 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 Argosy Property and its competitors. For the REITs industry, the median Days Payable is 119.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Property's current Days Payable is 135.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Property stock overvalued right now?
Argosy Property (IGPYF) has a current Days Payable of 135.99. The stock's GF Value™ is $0.75, compared to a current price of $0.75 — trading right at its estimated fair value. The current Days Payable is 135.99 and 13.7% above the REITs industry median of 119.56. Argosy Property's overall GF Score™ is 69/100 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 Argosy Property (IGPYF), the current Days Payable is 135.99 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.

Is Argosy Property (IGPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Argosy Property stock appears to be undervalued. The current stock price of $0.75 is trading 0% below its estimated GF Value™ of $0.75.

Key valuation signals for IGPYF:

  • Days Payable: 135.99
  • GF Value™: $0.75 vs. price of $0.75 (0% below fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 13.7% above the REITs median (#260 of 540)

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


Argosy Property Business Description

Industry Real EstateREITs
Other Exchanges ARG:New Zealand
Address Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142
Argosy Property Ltd's business activity is to invest in and actively manage properties, including Industrial, Office, and Large Format Retail properties, predominantly in Auckland and New Zealand. The company's portfolio is centered on the Auckland and Wellington markets and is diversified by industrial, office, and large-format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centers, and entertainment venues.
69GF Score

Get the complete analysis for IGPYF

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

$0.75
Price
$0.75
GF Value