IVREF (Inovalis Real Estate Investment Trust) Days Payable: 98.97 (As of Mar. 2026) — 44% Below Median


IVREF Inovalis Real Estate Investment Trust IVREF
40 GF Score
Price $0.60
GF Value $0.71
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Inovalis Real Estate Investment Trust Days Payable?

Inovalis Real Estate Investment Trust IVREF -6.08% 40 Days Payable is 98.97 as of Mar. 2026, which is 44% below its 10-year median of 176.92. GuruFocus rates IVREF with a GF Scoreâ„¢ of 40/100 and a GF Valueâ„¢ of $0.71 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 549 REITs companies, Inovalis Real Estate Investment Trust ranks better than 68.67% on this metric.

Inovalis Real Estate Investment Trust's average Accounts Payable for the three months ended in Mar. 2026 was $3.64 Mil. Inovalis Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2026 was $3.36 Mil. Hence, Inovalis Real Estate Investment Trust's Days Payable for the three months ended in Mar. 2026 was 98.97.

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

IVREF' s Days Payable Range Over the Past 10 Years
Min: 120.7   Med: 176.92   Max: 260.38
Current: 204.7

During the past 13 years, Inovalis Real Estate Investment Trust's highest Days Payable was 260.38. The lowest was 120.70. And the median was 176.92.

IVREF's Days Payable is ranked better than
68.67% of 549 companies
in the REITs industry
Industry Median: 119.76 vs IVREF: 204.70

Inovalis Real Estate Investment Trust's Days Payable declined from Mar. 2025 (135.48) to Mar. 2026 (98.97). It may suggest that Inovalis Real Estate Investment Trust accelerated paying its suppliers.


Inovalis Real Estate Investment Trust Days Payable Related Terms


Inovalis Real Estate Investment Trust Days Payable Historical Data

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The historical data trend for Inovalis Real Estate Investment Trust'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.

Inovalis Real Estate Investment Trust Days Payable Chart

Inovalis Real Estate Investment Trust 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 184.32 268.20 195.28 189.36 151.37

Inovalis Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 135.48 312.51 261.58 178.83 98.97

IVREF vs BXP, ARE, VNO: Days Payable Comparison

For the REIT - Office subindustry, Inovalis Real Estate Investment Trust'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.


Inovalis Real Estate Investment Trust Days Payable vs REITs Industry

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

* The bar in red indicates where Inovalis Real Estate Investment Trust's Days Payable falls into.


IVREF
40GF Score
Inovalis Real Estate Investment Trust IVREF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Inovalis Real Estate Investment Trust 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.

Inovalis Real Estate Investment Trust'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
=( (4.437 + 2.92) / 2 ) / 8.87*365
=3.6785 / 8.87*365
=151.37

Inovalis Real Estate Investment Trust'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2.92 + 4.364) / 2 ) / 3.358*365 / 4
=3.642 / 3.358*365 / 4
=98.97

* 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 98.97 mean?
Inovalis Real Estate Investment Trust (IVREF) has a Days Payable of 98.97 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 Inovalis Real Estate Investment Trust and its competitors. This is 44% below median its historical median of 176.92. Over the past decade, Inovalis Real Estate Investment Trust's Days Payable has ranged from 120.70 to 260.38. According to the industry distribution chart, Inovalis Real Estate Investment Trust ranks #172 out of 549 companies in the REITs industry, placing it in the top 31.3%.
Is Inovalis Real Estate Investment Trust's Days Payable too high?
Inovalis Real Estate Investment Trust's current Days Payable of 98.97 is 44% below median its 10-year median of 176.92. Over the past 10 years, this metric has ranged from a low of 120.70 to a high of 260.38. The REITs industry median Days Payable is 119.76. Inovalis Real Estate Investment Trust's value of 98.97 is 17.4% below this industry median. Based on the distribution chart, Inovalis Real Estate Investment Trust ranks #172 out of 549 companies in the REITs industry, which is above the industry midpoint. Overall, Inovalis Real Estate Investment Trust has a GF Scoreâ„¢ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inovalis Real Estate Investment Trust's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, Inovalis Real Estate Investment Trust ranks #172 out of 549 companies for Days Payable. This puts Inovalis Real Estate Investment Trust in the upper half of its industry. The industry median Days Payable is 119.76. Inovalis Real Estate Investment Trust's value of 98.97 is 17.4% below this benchmark. Historically, Inovalis Real Estate Investment Trust's own Days Payable has ranged from 120.70 to 260.38 over the past decade. While the company's 10-year median is 176.92 vs. the industry median of 119.76, Inovalis Real Estate Investment Trust 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 119.76, 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. Inovalis Real Estate Investment Trust's current Days Payable of 98.97 is 17.4% 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 Inovalis Real Estate Investment Trust and its competitors. For the REITs industry, the median Days Payable is 119.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inovalis Real Estate Investment Trust's current Days Payable is 98.97, which is 44% below median its own 10-year median of 176.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inovalis Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust (IVREF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.71, compared to a current price of $0.60 — trading 15.3% below its estimated fair value. The current Days Payable is 98.97, which is 44% below median its 10-year median of 176.92 and 17.4% below the REITs industry median of 119.76. Inovalis Real Estate Investment Trust's overall GF Score™ is 40/100 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 Inovalis Real Estate Investment Trust (IVREF), the current Days Payable is 98.97 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 Inovalis Real Estate Investment Trust (IVREF) Overvalued in 2026?

Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.60 is trading 15.3% below its estimated GF Value™ of $0.71. GuruFocus considers Inovalis Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for IVREF:

  • Days Payable: 98.97 (44% below median its 10-year median of 176.92)
  • GF Value™: $0.71 vs. price of $0.60 (15.3% below fair value)
  • GF Score™: 40/100 with 9 warning signs
  • Industry Position: 17.4% below the REITs median (#172 of 549)

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


Inovalis Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges INO.UN:Canada
Address 151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7
Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. Its portfolio comprises office properties that are leased to corporate clients in France, Spain, and Germany. The Trust's investment criteria encompass office properties outside of Canada with an occupancy level of above eighty percent (unless AFFO accretive), secured rental cash flows, a property value of approximately between twenty and sixty million euros (unless AFFO accretive), and a potential future upside with respect to matters including rent and area development. The majority of the REIT's revenue is generated through rental income from its investment properties in France.
40GF Score

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

$0.60
Price
$0.71
GF Value