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MASJSE:MSP +1.87%73 Days Payable is 199.96 as of Dec. 2025, which is 1% above its 10-year median of 198.89. GuruFocus rates JSE:MSP with a GF Score™ of 73/100 and a GF Value™ of R20.09 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,572 Real Estate companies, MAS ranks better than 72.39% on this metric.
MAS's average Accounts Payable for the
six
months ended in Dec. 2025 was R344 Mil. MAS's Cost of Goods Sold for the
six
months ended in Dec. 2025 was R314 Mil.
Hence, MAS's Days Payable for the
six
months ended in Dec. 2025 was 199.96.
The historical rank and industry rank for MAS's Days Payable or its related term are showing as below:
JSE:MSP'
s Days Payable Range Over the Past 10 Years
Min: 104.87 Med: 198.89 Max: 280.87
Current: 219.82
During the past 13 years, MAS's highest Days Payable was 280.87. The lowest was 104.87. And the median was 198.89.
JSE:MSP's Days Payable is ranked better than 72.39% of 1572
companies
in the Real Estate industry
Industry Median: 93.66
vs JSE:MSP: 219.82
MAS's Days Payable
declined
from Dec. 2024 (201.65) to Dec. 2025 (199.96).
It may suggest that MASaccelerated paying its suppliers.
MAS Days Payable Related Terms
MAS Days Payable Historical Data
* Premium members only.
The historical data trend for MAS'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 Real Estate - Diversified subindustry, MAS'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.
MAS Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MAS's Days Payable distribution charts can be found below:
* The bar in red indicates where MAS'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.
MAS's Days Payable for the fiscal year that ended in Jun. 2025 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.
MAS (JSE:MSP) has a Days Payable of 199.96 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MAS and its competitors. This is near median its historical median of 198.89. Over the past decade, MAS's Days Payable has ranged from 104.87 to 280.87. According to the industry distribution chart, MAS ranks #434 out of 1572 companies in the Real Estate industry, placing it in the top 27.6%.
Is MAS's Days Payable too high?
MAS's current Days Payable of 199.96 is near median its 10-year median of 198.89. Over the past 10 years, this metric has ranged from a low of 104.87 to a high of 280.87. The Real Estate industry median Days Payable is 93.66. MAS's value of 199.96 is 113.5% above this industry median. Based on the distribution chart, MAS ranks #434 out of 1572 companies in the Real Estate industry, which is above the industry midpoint. Overall, MAS has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MAS's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, MAS ranks #434 out of 1572 companies for Days Payable. This puts MAS in the upper half of its industry. The industry median Days Payable is 93.66. MAS's value of 199.96 is 113.5% above this benchmark. Historically, MAS's own Days Payable has ranged from 104.87 to 280.87 over the past decade. While the company's 10-year median is 198.89 vs. the industry median of 93.66, MAS 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.66, based on 1,572 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. MAS's current Days Payable of 199.96 is 113.5% 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 MAS and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAS's current Days Payable is 199.96, which is near median its own 10-year median of 198.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAS stock overvalued right now?
Based on GuruFocus' analysis, MAS (JSE:MSP) is currently considered Modestly Overvalued. The stock's GF Value™ is R20.09, compared to a current price of R22.31 — trading 11.1% above its estimated fair value. The current Days Payable is 199.96, which is near median its 10-year median of 198.89 and 113.5% above the Real Estate industry median of 93.66. MAS's overall GF Score™ is 73/100 with 6 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 MAS (JSE:MSP), the current Days Payable is 199.96 as of Dec. 2025. 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 MAS (JSE:MSP) Overvalued in 2026?
Based on GuruFocus' analysis, MAS stock appears to be overvalued.
The current stock price of R22.31 is trading 11.1% above its estimated GF Value™ of R20.09.
GuruFocus considers MAS to be Modestly Overvalued.
Key valuation signals for JSE:MSP:
Days Payable: 199.96 (near median its 10-year median of 198.89)
GF Value™: R20.09 vs. price of R22.31 (11.1% above fair value)
Industry Position: 113.5% above the Real Estate median (#434 of 1572)
No single metric tells the full story. See the JSE:MSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MAS PLC is a property investor. It owns income generating properties in Romania, Bulgaria, and Poland. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The company's reportable segments are CEE direct assets (CEE), CEE development joint venture (DJV), WE direct assets (WE), and Corporate. Its key revenue is derived from the CEE direct assets (CEE) segment which includes income properties located in CEE fully owned and managed by the company. Geographically, the company derives maximum revenue from Romania, and the rest from Bulgaria, Poland, and Germany.
73GF Score
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