KWIPF (Kiwi Property Group) Days Payable: 136.10 (As of Mar. 2026) — 23% Below Median


KWIPF Kiwi Property Group Ltd KWIPF
41 GF Score
Price $0.54
GF Value $0.48
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Kiwi Property Group Days Payable?

Kiwi Property Group KWIPF 41 Days Payable is 136.10 as of Mar. 2026, which is 23% below its 10-year median of 176.46. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.48 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 548 REITs companies, Kiwi Property Group ranks better than 59.85% on this metric.

Kiwi Property Group's average Accounts Payable for the six months ended in Mar. 2026 was $19.7 Mil. Kiwi Property Group's Cost of Goods Sold for the six months ended in Mar. 2026 was $26.5 Mil. Hence, Kiwi Property Group's Days Payable for the six months ended in Mar. 2026 was 136.10.

The historical rank and industry rank for Kiwi Property Group's Days Payable or its related term are showing as below:

KWIPF' s Days Payable Range Over the Past 10 Years
Min: 115.08   Med: 176.46   Max: 234.92
Current: 149.03

During the past 12 years, Kiwi Property Group's highest Days Payable was 234.92. The lowest was 115.08. And the median was 176.46.

KWIPF's Days Payable is ranked better than
59.85% of 548 companies
in the REITs industry
Industry Median: 119.835 vs KWIPF: 149.03

Kiwi Property Group's Days Payable declined from Mar. 2025 (207.30) to Mar. 2026 (136.10). It may suggest that Kiwi Property Group accelerated paying its suppliers.


Kiwi Property Group Days Payable Historical Data

* Premium members only.

The historical data trend for Kiwi Property Group'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.

Kiwi Property Group Days Payable Chart

Kiwi Property Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 212.69 247.79 216.72 175.21 113.72

Kiwi Property Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 281.79 226.75 207.30 205.98 136.10

KWIPF vs VICI, WPC, BNL: Days Payable Comparison

For the REIT - Diversified subindustry, Kiwi Property Group'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.


Kiwi Property Group Days Payable vs REITs Industry

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

* The bar in red indicates where Kiwi Property Group's Days Payable falls into.


KWIPF
41GF Score
Kiwi Property Group Ltd KWIPF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kiwi Property Group 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.

Kiwi Property Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (16.252 + 12.196) / 2 ) / 45.655*365
=14.224 / 45.655*365
=113.72

Kiwi Property Group's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (27.294 + 12.196) / 2 ) / 26.476*365 / 2
=19.745 / 26.476*365 / 2
=136.10

* 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 136.10 mean?
Kiwi Property Group (KWIPF) has a Days Payable of 136.10 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kiwi Property Group and its competitors. This is 23% below median its historical median of 176.46. Over the past decade, Kiwi Property Group's Days Payable has ranged from 115.08 to 234.92. According to the industry distribution chart, Kiwi Property Group ranks #220 out of 548 companies in the REITs industry, placing it in the top 40.1%.
Is Kiwi Property Group's Days Payable too high?
Kiwi Property Group's current Days Payable of 136.10 is 23% below median its 10-year median of 176.46. Over the past 10 years, this metric has ranged from a low of 115.08 to a high of 234.92. The REITs industry median Days Payable is 119.84. Kiwi Property Group's value of 136.10 is 13.6% above this industry median. Based on the distribution chart, Kiwi Property Group ranks #220 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #220 out of 548 companies for Days Payable. This puts Kiwi Property Group in the upper half of its industry. The industry median Days Payable is 119.84. Kiwi Property Group's value of 136.10 is 13.6% above this benchmark. Historically, Kiwi Property Group's own Days Payable has ranged from 115.08 to 234.92 over the past decade. While the company's 10-year median is 176.46 vs. the industry median of 119.84, Kiwi Property Group 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 119.84, 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. Kiwi Property Group's current Days Payable of 136.10 is 13.6% 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 Kiwi Property Group and its competitors. For the REITs industry, the median Days Payable is 119.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiwi Property Group's current Days Payable is 136.10, which is 23% below median its own 10-year median of 176.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.48, compared to a current price of $0.54 — trading 12.5% above its estimated fair value. The current Days Payable is 136.10, which is 23% below median its 10-year median of 176.46 and 13.6% above the REITs industry median of 119.84. Kiwi Property Group's overall GF Score™ is 41/100 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 Kiwi Property Group (KWIPF), the current Days Payable is 136.10 as of Mar. 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 Kiwi Property Group (KWIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued. The current stock price of $0.54 is trading 12.5% above its estimated GF Value™ of $0.48. GuruFocus considers Kiwi Property Group to be Modestly Overvalued.

Key valuation signals for KWIPF:

  • Days Payable: 136.10 (23% below median its 10-year median of 176.46)
  • GF Value™: $0.48 vs. price of $0.54 (12.5% above fair value)
  • GF Score™: 41/100 with 10 warning signs
  • Industry Position: 13.6% above the REITs median (#220 of 548)

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


Kiwi Property Group Business Description

Industry Real EstateREITs
Other Exchanges KPG:New Zealand
Address 48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score

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

$0.54
Price
$0.48
GF Value