Delta Property FundJSE:DLT 28 Days Payable is 98.38 as of Feb. 2026, which is 170% above its 10-year median of 36.50. GuruFocus rates JSE:DLT with a GF Score™ of 28/100 and a GF Value™ of R0.23 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 548 REITs companies, Delta Property Fund ranks worse than 61.13% on this metric.
The historical rank and industry rank for Delta Property Fund's Days Payable or its related term are showing as below:
JSE:DLT'
s Days Payable Range Over the Past 10 Years
Min: 19.99 Med: 36.5 Max: 89.41
Current: 79.89
During the past 13 years, Delta Property Fund's highest Days Payable was 89.41. The lowest was 19.99. And the median was 36.50.
JSE:DLT's Days Payable is ranked worse than 61.13% of 548
companies
in the REITs industry
Industry Median: 119.45
vs JSE:DLT: 79.89
Delta Property Fund's Days Payable
declined
from Feb. 2025 (110.37) to Feb. 2026 (98.38).
It may suggest that Delta Property Fundaccelerated paying its suppliers.
Delta Property Fund Days Payable Related Terms
Delta Property Fund Days Payable Historical Data
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The historical data trend for Delta 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.
For the REIT - Office subindustry, Delta 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.
Delta Property Fund Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Delta Property Fund's Days Payable distribution charts can be found below:
* The bar in red indicates where Delta Property Fund's Days Payable falls into.
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.
Delta Property Fund's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as
* 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.
Delta Property Fund (JSE:DLT) has a Days Payable of 98.38 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Delta Property Fund and its competitors. This is 170% above median its historical median of 36.50. Over the past decade, Delta Property Fund's Days Payable has ranged from 19.99 to 89.41. According to the industry distribution chart, Delta Property Fund ranks #335 out of 548 companies in the REITs industry, placing it in the top 61.1%.
Is Delta Property Fund's Days Payable too high?
Delta Property Fund's current Days Payable of 98.38 is 170% above median its 10-year median of 36.50. Over the past 10 years, this metric has ranged from a low of 19.99 to a high of 89.41. The REITs industry median Days Payable is 119.45. Delta Property Fund's value of 98.38 is 17.6% below this industry median. Based on the distribution chart, Delta Property Fund ranks #335 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, Delta Property Fund has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #335 out of 548 companies for Days Payable. This places Delta Property Fund in the lower half of its industry. The industry median Days Payable is 119.45. Delta Property Fund's value of 98.38 is 17.6% below this benchmark. Historically, Delta Property Fund's own Days Payable has ranged from 19.99 to 89.41 over the past decade. While the company's 10-year median is 36.50 vs. the industry median of 119.45, Delta 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 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. Delta Property Fund's current Days Payable of 98.38 is 17.6% 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 Delta Property Fund 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. Delta Property Fund's current Days Payable is 98.38, which is 170% above median its own 10-year median of 36.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.45 — trading 95.7% above its estimated fair value. The current Days Payable is 98.38, which is 170% above median its 10-year median of 36.50 and 17.6% below the REITs industry median of 119.45. Delta Property Fund's overall GF Score™ is 28/100 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 Delta Property Fund (JSE:DLT), the current Days Payable is 98.38 as of Feb. 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued.
The current stock price of R0.45 is trading 95.7% above its estimated GF Value™ of R0.23.
GuruFocus considers Delta Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:DLT:
Days Payable: 98.38 (170% above median its 10-year median of 36.50)
GF Value™: R0.23 vs. price of R0.45 (95.7% above fair value)
Industry Position: 17.6% below the REITs median (#335 of 548)
No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
28GF Score
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