Newpark REIT (JSE:NRL) Days Payable: 257.24 (As of Feb. 2026) — 45% Below Median


JSE:NRL Newpark REIT Ltd JSE:NRL
70 GF Score
Price R4.70
GF Value R4.72
Valuation Fairly Valued
! 8 Warning Signs
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What is Newpark REIT Days Payable?

Newpark REIT JSE:NRL 70 Days Payable is 257.24 as of Feb. 2026, which is 45% below its 10-year median of 463.59. GuruFocus rates JSE:NRL with a GF Score™ of 70/100 and a GF Value™ of R4.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 548 REITs companies, Newpark REIT ranks better than 79.74% on this metric.

Newpark REIT's average Accounts Payable for the six months ended in Feb. 2026 was R18.2 Mil. Newpark REIT's Cost of Goods Sold for the six months ended in Feb. 2026 was R12.9 Mil. Hence, Newpark REIT's Days Payable for the six months ended in Feb. 2026 was 257.24.

The historical rank and industry rank for Newpark REIT's Days Payable or its related term are showing as below:

JSE:NRL' s Days Payable Range Over the Past 10 Years
Min: 295.55   Med: 463.59   Max: 463.59
Current: 295.55

During the past 12 years, Newpark REIT's highest Days Payable was 463.59. The lowest was 295.55. And the median was 463.59.

JSE:NRL's Days Payable is ranked better than
79.74% of 548 companies
in the REITs industry
Industry Median: 119.45 vs JSE:NRL: 295.55

Newpark REIT's Days Payable declined from Feb. 2025 (323.63) to Feb. 2026 (257.24). It may suggest that Newpark REIT accelerated paying its suppliers.


Newpark REIT Days Payable Historical Data

* Premium members only.

The historical data trend for Newpark REIT'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.

Newpark REIT Days Payable Chart

Newpark REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Newpark REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 494.28 313.02 323.63 216.53 257.24

JSE:NRL vs VICI, WPC, BNL: Days Payable Comparison

For the REIT - Diversified subindustry, Newpark REIT'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.


Newpark REIT Days Payable vs REITs Industry

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

* The bar in red indicates where Newpark REIT's Days Payable falls into.


JSE:NRL
70GF Score
Newpark REIT Ltd JSE:NRL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Newpark REIT 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.

Newpark REIT's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2025 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 28.315*365
=0 / 28.315*365
=0.00

Newpark REIT's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (18.241 + 0) / 1 ) / 12.941*365 / 2
=18.241 / 12.941*365 / 2
=257.24

* 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 257.24 mean?
Newpark REIT (JSE:NRL) has a Days Payable of 257.24 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 Newpark REIT and its competitors. This is 45% below median its historical median of 463.59. Over the past decade, Newpark REIT's Days Payable has ranged from 295.55 to 463.59. According to the industry distribution chart, Newpark REIT ranks #111 out of 548 companies in the REITs industry, placing it in the top 20.3%.
Is Newpark REIT's Days Payable too high?
Newpark REIT's current Days Payable of 257.24 is 45% below median its 10-year median of 463.59. Over the past 10 years, this metric has ranged from a low of 295.55 to a high of 463.59. The REITs industry median Days Payable is 119.45. Newpark REIT's value of 257.24 is 115.4% above this industry median. Based on the distribution chart, Newpark REIT ranks #111 out of 548 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Newpark REIT has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newpark REIT's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Newpark REIT ranks #111 out of 548 companies for Days Payable. This places Newpark REIT in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.45. Newpark REIT's value of 257.24 is 115.4% above this benchmark. Historically, Newpark REIT's own Days Payable has ranged from 295.55 to 463.59 over the past decade. While the company's 10-year median is 463.59 vs. the industry median of 119.45, Newpark REIT 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 119.45, 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. Newpark REIT's current Days Payable of 257.24 is 115.4% 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 Newpark REIT 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. Newpark REIT's current Days Payable is 257.24, which is 45% below median its own 10-year median of 463.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newpark REIT stock overvalued right now?
Based on GuruFocus' analysis, Newpark REIT (JSE:NRL) is currently considered Fairly Valued. The stock's GF Value™ is R4.72, compared to a current price of R4.70 — trading 0.4% below its estimated fair value. The current Days Payable is 257.24, which is 45% below median its 10-year median of 463.59 and 115.4% above the REITs industry median of 119.45. Newpark REIT's overall GF Score™ is 70/100 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 Newpark REIT (JSE:NRL), the current Days Payable is 257.24 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 Newpark REIT (JSE:NRL) Overvalued in 2026?

Based on GuruFocus' analysis, Newpark REIT stock appears to be undervalued. The current stock price of R4.70 is trading 0.4% below its estimated GF Value™ of R4.72. GuruFocus considers Newpark REIT to be Fairly Valued.

Key valuation signals for JSE:NRL:

  • Days Payable: 257.24 (45% below median its 10-year median of 463.59)
  • GF Value™: R4.72 vs. price of R4.70 (0.4% below fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 115.4% above the REITs median (#111 of 548)

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


Newpark REIT Business Description

Industry Real EstateREITs
Address 51 West Street, Houghton Estate, Houghton, Johannesburg, GT, ZAF, 2198
Newpark REIT Ltd is a real estate investment trust company in South Africa. The company focuses on investing in A-grade commercial properties. Its property portfolio comprises the JSE building, the 24 Central, and industrial buildings in Linbro Business Park and Crown City. The Company is organized into four main operating segments, which include Mixed use (office, retail, and storage), Head office, Office, and Industrial. It generates the majority of the revenue from the Office segment.
70GF Score

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

R4.70
Price
R4.72
GF Value