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Equites Property FundJSE:EQU +0.57%79 Days Payable is 132.83 as of Feb. 2026, which is 62% below its 10-year median of 348.23. GuruFocus rates JSE:EQU with a GF Score™ of 79/100 and a GF Value™ of R13.45 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 539 REITs companies, Equites Property Fund ranks better than 59.18% on this metric.
Equites Property Fund Days Payable Historical Data
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The historical data trend for Equites 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 - Industrial subindustry, Equites 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.
Equites Property Fund Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Equites Property Fund's Days Payable distribution charts can be found below:
* The bar in red indicates where Equites 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.
Equites 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.
Equites Property Fund (JSE:EQU) has a Days Payable of 132.83 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 Equites Property Fund and its competitors. This is 62% below median its historical median of 348.23. Over the past decade, Equites Property Fund's Days Payable has ranged from 142.02 to 1,140.11. According to the industry distribution chart, Equites Property Fund ranks #220 out of 539 companies in the REITs industry, placing it in the top 40.8%.
Is Equites Property Fund's Days Payable too high?
Equites Property Fund's current Days Payable of 132.83 is 62% below median its 10-year median of 348.23. Over the past 10 years, this metric has ranged from a low of 142.02 to a high of 1,140.11. The REITs industry median Days Payable is 119.42. Equites Property Fund's value of 132.83 is 11.2% above this industry median. Based on the distribution chart, Equites Property Fund ranks #220 out of 539 companies in the REITs industry, which is above the industry midpoint. Overall, Equites Property Fund has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equites Property Fund's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, Equites Property Fund ranks #220 out of 539 companies for Days Payable. This puts Equites Property Fund in the upper half of its industry. The industry median Days Payable is 119.42. Equites Property Fund's value of 132.83 is 11.2% above this benchmark. Historically, Equites Property Fund's own Days Payable has ranged from 142.02 to 1,140.11 over the past decade. While the company's 10-year median is 348.23 vs. the industry median of 119.42, Equites Property Fund has consistently been above 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 119.42, 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. Equites Property Fund's current Days Payable of 132.83 is 11.2% 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 Equites Property Fund and its competitors. For the REITs industry, the median Days Payable is 119.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equites Property Fund's current Days Payable is 132.83, which is 62% below median its own 10-year median of 348.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equites Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Equites Property Fund (JSE:EQU) is currently considered Significantly Overvalued. The stock's GF Value™ is R13.45, compared to a current price of R17.79 — trading 32.3% above its estimated fair value. The current Days Payable is 132.83, which is 62% below median its 10-year median of 348.23 and 11.2% above the REITs industry median of 119.42. Equites Property Fund's overall GF Score™ is 79/100 with 12 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 Equites Property Fund (JSE:EQU), the current Days Payable is 132.83 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 Equites Property Fund (JSE:EQU) Overvalued in 2026?
Based on GuruFocus' analysis, Equites Property Fund stock appears to be overvalued.
The current stock price of R17.79 is trading 32.3% above its estimated GF Value™ of R13.45.
GuruFocus considers Equites Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:EQU:
Days Payable: 132.83 (62% below median its 10-year median of 348.23)
GF Value™: R13.45 vs. price of R17.79 (32.3% above fair value)
Industry Position: 11.2% above the REITs median (#220 of 539)
No single metric tells the full story. See the JSE:EQU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equites Property Fund Ltd generates rental income from investment in and development of modern logistics facilities. Its business activities include development, acquisition of vacant land and brownfield opportunities, acquisition of tenanted property, property management, and capital management. The Group operates through three reportable segments: SA Industrial, generate maximum revenue, which incorporates all the SA industrial and logistics assets; UK Developer, which relates to the disposal of land and turnkey developments; and Other, which comprises non-property-related activities. The Group has industrial and logistics assets in the Western Cape, Eastern Cape, Gauteng, and KwaZulu-Natal, and one ongoing development site in the UK.
79GF Score
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