Castleview Property Fund (JSE:CVW) Days Payable: 59.29 (As of Mar. 2026) — 642% Above Median

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JSE:CVW Castleview Property Fund Ltd JSE:CVW
58 GF Score
Price R10.40
GF Value R7.31
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Castleview Property Fund Days Payable?

Castleview Property Fund JSE:CVW 58 Days Payable is 59.29 as of Mar. 2026, which is 642% above its 10-year median of 7.99. GuruFocus rates JSE:CVW with a GF Score™ of 58/100 and a GF Value™ of R7.31 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 539 REITs companies, Castleview Property Fund ranks worse than 70.87% on this metric.

Castleview Property Fund's average Accounts Payable for the six months ended in Mar. 2026 was R197 Mil. Castleview Property Fund's Cost of Goods Sold for the six months ended in Mar. 2026 was R608 Mil. Hence, Castleview Property Fund's Days Payable for the six months ended in Mar. 2026 was 59.29.

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

JSE:CVW' s Days Payable Range Over the Past 10 Years
Min: 4.85   Med: 7.99   Max: 65.13
Current: 49.46

During the past 9 years, Castleview Property Fund's highest Days Payable was 65.13. The lowest was 4.85. And the median was 7.99.

JSE:CVW's Days Payable is ranked worse than
70.87% of 539 companies
in the REITs industry
Industry Median: 112.82 vs JSE:CVW: 49.46

Castleview Property Fund's Days Payable declined from Mar. 2025 (99.35) to Mar. 2026 (59.29). It may suggest that Castleview Property Fund accelerated paying its suppliers.


Castleview Property Fund Days Payable Historical Data

* Premium members only.

The historical data trend for Castleview Property Fund'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.

Castleview Property Fund Days Payable Chart

Castleview Property Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 4.85 0.00 65.13 7.24 8.73

Castleview Property Fund Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 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 95.95 81.09 99.35 84.84 59.29

JSE:CVW vs SPG, O, KIM: Days Payable Comparison

For the REIT - Retail subindustry, Castleview Property Fund'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.


Castleview Property Fund Days Payable vs REITs Industry

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

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


JSE:CVW
58GF Score
Castleview Property Fund Ltd JSE:CVW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Castleview Property Fund 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.

Castleview Property Fund'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
=( (25.347 + 24.077) / 2 ) / 1033.768*365
=24.712 / 1033.768*365
=8.73

Castleview Property Fund'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
=( (370.801 + 24.077) / 2 ) / 607.687*365 / 2
=197.439 / 607.687*365 / 2
=59.29

* 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 59.29 mean?
Castleview Property Fund (JSE:CVW) has a Days Payable of 59.29 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 Castleview Property Fund and its competitors. This is 642% above median its historical median of 7.99. Over the past decade, Castleview Property Fund's Days Payable has ranged from 4.85 to 65.13. According to the industry distribution chart, Castleview Property Fund ranks #382 out of 539 companies in the REITs industry, placing it in the top 70.9%.
Is Castleview Property Fund's Days Payable too high?
Castleview Property Fund's current Days Payable of 59.29 is 642% above median its 10-year median of 7.99. Over the past 10 years, this metric has ranged from a low of 4.85 to a high of 65.13. The REITs industry median Days Payable is 112.82. Castleview Property Fund's value of 59.29 is 47.4% below this industry median. Based on the distribution chart, Castleview Property Fund ranks #382 out of 539 companies in the REITs industry, which is below the industry midpoint. Overall, Castleview Property Fund has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Castleview Property Fund's Days Payable compare to SPG and O?
According to the REITs industry distribution chart, Castleview Property Fund ranks #382 out of 539 companies for Days Payable. This places Castleview Property Fund in the lower half of its industry. The industry median Days Payable is 112.82. Castleview Property Fund's value of 59.29 is 47.4% below this benchmark. Historically, Castleview Property Fund's own Days Payable has ranged from 4.85 to 65.13 over the past decade. While the company's 10-year median is 7.99 vs. the industry median of 112.82, Castleview Property Fund 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 112.82, based on 539 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. Castleview Property Fund's current Days Payable of 59.29 is 47.4% 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 Castleview Property Fund and its competitors. For the REITs industry, the median Days Payable is 112.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castleview Property Fund's current Days Payable is 59.29, which is 642% above median its own 10-year median of 7.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castleview Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Castleview Property Fund (JSE:CVW) is currently considered Significantly Overvalued. The stock's GF Value™ is R7.31, compared to a current price of R10.40 — trading 42.3% above its estimated fair value. The current Days Payable is 59.29, which is 642% above median its 10-year median of 7.99 and 47.4% below the REITs industry median of 112.82. Castleview Property Fund's overall GF Score™ is 58/100 with 11 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 Castleview Property Fund (JSE:CVW), the current Days Payable is 59.29 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 Castleview Property Fund (JSE:CVW) Overvalued in 2026?

Based on GuruFocus' analysis, Castleview Property Fund stock appears to be overvalued. The current stock price of R10.40 is trading 42.3% above its estimated GF Value™ of R7.31. GuruFocus considers Castleview Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:CVW:

  • Days Payable: 59.29 (642% above median its 10-year median of 7.99)
  • GF Value™: R7.31 vs. price of R10.40 (42.3% above fair value)
  • GF Score™: 58/100 with 11 warning signs
  • Industry Position: 47.4% below the REITs median (#382 of 539)

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


Castleview Property Fund Business Description

Industry Real EstateREITs
Address 13 Hudson Street, De Waterkant, Woodstock, Cape Town, WC, ZAF, 8001
Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.
58GF Score

Get the complete analysis for JSE:CVW

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

R10.40
Price
R7.31
GF Value