Redefine Properties (JSE:RDF) Days Payable: 102.39 (As of Feb. 2026) — 885% Above Median


JSE:RDF Redefine Properties Ltd JSE:RDF
61 GF Score
Price R6.48
GF Value R3.92
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Redefine Properties Days Payable?

Redefine Properties JSE:RDF +1.89% 61 Days Payable is 102.39 as of Feb. 2026, which is 885% above its 10-year median of 10.39. GuruFocus rates JSE:RDF with a GF Score™ of 61/100 and a GF Value™ of R3.92 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 550 REITs companies, Redefine Properties ranks better than 55.27% on this metric.

Redefine Properties's average Accounts Payable for the six months ended in Feb. 2026 was R1,260 Mil. Redefine Properties's Cost of Goods Sold for the six months ended in Feb. 2026 was R2,246 Mil. Hence, Redefine Properties's Days Payable for the six months ended in Feb. 2026 was 102.39.

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

JSE:RDF' s Days Payable Range Over the Past 10 Years
Min: 2.2   Med: 10.39   Max: 134.53
Current: 134.53

During the past 13 years, Redefine Properties's highest Days Payable was 134.53. The lowest was 2.20. And the median was 10.39.

JSE:RDF's Days Payable is ranked better than
55.27% of 550 companies
in the REITs industry
Industry Median: 119.71 vs JSE:RDF: 134.53

Redefine Properties's Days Payable declined from Feb. 2025 (110.65) to Feb. 2026 (102.39). It may suggest that Redefine Properties accelerated paying its suppliers.


Redefine Properties Days Payable Historical Data

* Premium members only.

The historical data trend for Redefine Properties'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.

Redefine Properties Days Payable Chart

Redefine Properties 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 10.38 13.03 10.39 8.72 9.66

Redefine Properties 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 100.60 93.26 110.65 104.86 102.39

JSE:RDF vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Redefine Properties'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.


Redefine Properties Days Payable vs REITs Industry

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

* The bar in red indicates where Redefine Properties's Days Payable falls into.


JSE:RDF
61GF Score
Redefine Properties Ltd JSE:RDF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Redefine Properties 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.

Redefine Properties'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
=( (99.925 + 137.321) / 2 ) / 4482.57*365
=118.623 / 4482.57*365
=9.66

Redefine Properties'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
=( (137.321 + 2383.165) / 2 ) / 2246.343*365 / 2
=1260.243 / 2246.343*365 / 2
=102.39

* 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 102.39 mean?
Redefine Properties (JSE:RDF) has a Days Payable of 102.39 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 Redefine Properties and its competitors. This is 885% above median its historical median of 10.39. Over the past decade, Redefine Properties' Days Payable has ranged from 2.20 to 134.53. According to the industry distribution chart, Redefine Properties ranks #246 out of 550 companies in the REITs industry, placing it in the top 44.7%.
Is Redefine Properties' Days Payable too high?
Redefine Properties' current Days Payable of 102.39 is 885% above median its 10-year median of 10.39. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 134.53. The REITs industry median Days Payable is 119.71. Redefine Properties' value of 102.39 is 14.5% below this industry median. Based on the distribution chart, Redefine Properties ranks #246 out of 550 companies in the REITs industry, which is above the industry midpoint. Overall, Redefine Properties has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Redefine Properties ranks #246 out of 550 companies for Days Payable. This puts Redefine Properties in the upper half of its industry. The industry median Days Payable is 119.71. Redefine Properties' value of 102.39 is 14.5% below this benchmark. Historically, Redefine Properties' own Days Payable has ranged from 2.20 to 134.53 over the past decade. While the company's 10-year median is 10.39 vs. the industry median of 119.71, Redefine Properties 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 119.71, based on 550 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. Redefine Properties's current Days Payable of 102.39 is 14.5% 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 Redefine Properties and its competitors. For the REITs industry, the median Days Payable is 119.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redefine Properties's current Days Payable is 102.39, which is 885% above median its own 10-year median of 10.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.92, compared to a current price of R6.48 — trading 65.3% above its estimated fair value. The current Days Payable is 102.39, which is 885% above median its 10-year median of 10.39 and 14.5% below the REITs industry median of 119.71. Redefine Properties' overall GF Score™ is 61/100 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 Redefine Properties (JSE:RDF), the current Days Payable is 102.39 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 Redefine Properties (JSE:RDF) Overvalued in 2026?

Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued. The current stock price of R6.48 is trading 65.3% above its estimated GF Value™ of R3.92. GuruFocus considers Redefine Properties to be Significantly Overvalued.

Key valuation signals for JSE:RDF:

  • Days Payable: 102.39 (885% above median its 10-year median of 10.39)
  • GF Value™: R3.92 vs. price of R6.48 (65.3% above fair value)
  • GF Score™: 61/100 with 12 warning signs
  • Industry Position: 14.5% below the REITs median (#246 of 550)

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


Redefine Properties Business Description

Industry Real EstateREITs
Other Exchanges RDPEF:USA
Address 155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
61GF Score

Get the complete analysis for JSE:RDF

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

R6.48
Price
R3.92
GF Value