Octodec Investments (JSE:OCT) Days Payable: 70.18 (As of Feb. 2026) — 220% Above Median


JSE:OCT Octodec Investments Ltd JSE:OCT
66 GF Score
Price R17.15
GF Value R11.12
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Octodec Investments Days Payable?

Octodec Investments JSE:OCT +0.06% 66 Days Payable is 70.18 as of Feb. 2026, which is 220% above its 10-year median of 21.92. GuruFocus rates JSE:OCT with a GF Score™ of 66/100 and a GF Value™ of R11.12 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 548 REITs companies, Octodec Investments ranks worse than 56.02% on this metric.

Octodec Investments's average Accounts Payable for the six months ended in Feb. 2026 was R219 Mil. Octodec Investments's Cost of Goods Sold for the six months ended in Feb. 2026 was R570 Mil. Hence, Octodec Investments's Days Payable for the six months ended in Feb. 2026 was 70.18.

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

JSE:OCT' s Days Payable Range Over the Past 10 Years
Min: 8.38   Med: 21.92   Max: 97.86
Current: 97.86

During the past 13 years, Octodec Investments's highest Days Payable was 97.86. The lowest was 8.38. And the median was 21.92.

JSE:OCT's Days Payable is ranked worse than
56.02% of 548 companies
in the REITs industry
Industry Median: 119.45 vs JSE:OCT: 97.86

Octodec Investments's Days Payable declined from Feb. 2025 (79.07) to Feb. 2026 (70.18). It may suggest that Octodec Investments accelerated paying its suppliers.


Octodec Investments Days Payable Historical Data

* Premium members only.

The historical data trend for Octodec Investments'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.

Octodec Investments Days Payable Chart

Octodec Investments Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.03 9.37 10.09 9.71 8.38

Octodec Investments 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 75.49 75.99 79.07 80.69 70.18

JSE:OCT vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Octodec Investments'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.


Octodec Investments Days Payable vs REITs Industry

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

* The bar in red indicates where Octodec Investments's Days Payable falls into.


JSE:OCT
66GF Score
Octodec Investments Ltd JSE:OCT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Octodec Investments 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.

Octodec Investments's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (27.227 + 23.183) / 2 ) / 1097.774*365
=25.205 / 1097.774*365
=8.38

Octodec Investments'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
=( (23.183 + 414.916) / 2 ) / 569.593*365 / 2
=219.0495 / 569.593*365 / 2
=70.18

* 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 70.18 mean?
Octodec Investments (JSE:OCT) has a Days Payable of 70.18 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 Octodec Investments and its competitors. This is 220% above median its historical median of 21.92. Over the past decade, Octodec Investments' Days Payable has ranged from 8.38 to 97.86. According to the industry distribution chart, Octodec Investments ranks #307 out of 548 companies in the REITs industry, placing it in the top 56%.
Is Octodec Investments' Days Payable too high?
Octodec Investments' current Days Payable of 70.18 is 220% above median its 10-year median of 21.92. Over the past 10 years, this metric has ranged from a low of 8.38 to a high of 97.86. The REITs industry median Days Payable is 119.45. Octodec Investments' value of 70.18 is 41.2% below this industry median. Based on the distribution chart, Octodec Investments ranks #307 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, Octodec Investments has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Octodec Investments' Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Octodec Investments ranks #307 out of 548 companies for Days Payable. This places Octodec Investments in the lower half of its industry. The industry median Days Payable is 119.45. Octodec Investments' value of 70.18 is 41.2% below this benchmark. Historically, Octodec Investments' own Days Payable has ranged from 8.38 to 97.86 over the past decade. While the company's 10-year median is 21.92 vs. the industry median of 119.45, Octodec Investments 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. Octodec Investments's current Days Payable of 70.18 is 41.2% 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 Octodec Investments 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. Octodec Investments's current Days Payable is 70.18, which is 220% above median its own 10-year median of 21.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octodec Investments stock overvalued right now?
Based on GuruFocus' analysis, Octodec Investments (JSE:OCT) is currently considered Significantly Overvalued. The stock's GF Value™ is R11.12, compared to a current price of R17.15 — trading 54.2% above its estimated fair value. The current Days Payable is 70.18, which is 220% above median its 10-year median of 21.92 and 41.2% below the REITs industry median of 119.45. Octodec Investments' overall GF Score™ is 66/100 with 10 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 Octodec Investments (JSE:OCT), the current Days Payable is 70.18 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 Octodec Investments (JSE:OCT) Overvalued in 2026?

Based on GuruFocus' analysis, Octodec Investments stock appears to be overvalued. The current stock price of R17.15 is trading 54.2% above its estimated GF Value™ of R11.12. GuruFocus considers Octodec Investments to be Significantly Overvalued.

Key valuation signals for JSE:OCT:

  • Days Payable: 70.18 (220% above median its 10-year median of 21.92)
  • GF Value™: R11.12 vs. price of R17.15 (54.2% above fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 41.2% below the REITs median (#307 of 548)

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


Octodec Investments Business Description

Industry Real EstateREITs
Address 101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002
Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment. The diversified portfolio comprises residential, retail, office, and industrial properties.
66GF Score

Get the complete analysis for JSE:OCT

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

R17.15
Price
R11.12
GF Value