CLS Holdings (LSE:CLI) Days Payable: 185.72 (As of Dec. 2025) — 513% Above Median


LSE:CLI CLS Holdings PLC LSE:CLI
40 GF Score
Price £0.47
GF Value £0.81
Valuation Possible Value Trap
! 7 Warning Signs
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What is CLS Holdings Days Payable?

CLS Holdings LSE:CLI -1.90% 40 Days Payable is 185.72 as of Dec. 2025, which is 513% above its 10-year median of 30.31. GuruFocus rates LSE:CLI with a GF Score™ of 40/100 and a GF Value™ of £0.81 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 548 REITs companies, CLS Holdings ranks better than 56.75% on this metric.

CLS Holdings's average Accounts Payable for the six months ended in Dec. 2025 was £28.8 Mil. CLS Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was £28.3 Mil. Hence, CLS Holdings's Days Payable for the six months ended in Dec. 2025 was 185.72.

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

LSE:CLI' s Days Payable Range Over the Past 10 Years
Min: 25.9   Med: 30.31   Max: 137.18
Current: 137.18

During the past 13 years, CLS Holdings's highest Days Payable was 137.18. The lowest was 25.90. And the median was 30.31.

LSE:CLI's Days Payable is ranked better than
56.75% of 548 companies
in the REITs industry
Industry Median: 119.45 vs LSE:CLI: 137.18

CLS Holdings's Days Payable declined from Dec. 2024 (247.35) to Dec. 2025 (185.72). It may suggest that CLS Holdings accelerated paying its suppliers.


CLS Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for CLS Holdings'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.

CLS Holdings Days Payable Chart

CLS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.97 28.84 30.95 30.31 27.19

CLS Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 222.65 243.77 247.35 198.82 185.72

LSE:CLI vs BXP, ARE, VNO: Days Payable Comparison

For the REIT - Office subindustry, CLS Holdings'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.


CLS Holdings Days Payable vs REITs Industry

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

* The bar in red indicates where CLS Holdings's Days Payable falls into.


LSE:CLI
40GF Score
CLS Holdings PLC LSE:CLI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CLS Holdings 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.

CLS Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (5.2 + 3.1) / 2 ) / 55.7*365
=4.15 / 55.7*365
=27.19

CLS Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (54.5 + 3.1) / 2 ) / 28.3*365 / 2
=28.8 / 28.3*365 / 2
=185.72

* 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 185.72 mean?
CLS Holdings (LSE:CLI) has a Days Payable of 185.72 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 CLS Holdings and its competitors. This is 513% above median its historical median of 30.31. Over the past decade, CLS Holdings' Days Payable has ranged from 25.90 to 137.18. According to the industry distribution chart, CLS Holdings ranks #237 out of 548 companies in the REITs industry, placing it in the top 43.2%.
Is CLS Holdings' Days Payable too high?
CLS Holdings' current Days Payable of 185.72 is 513% above median its 10-year median of 30.31. Over the past 10 years, this metric has ranged from a low of 25.90 to a high of 137.18. The REITs industry median Days Payable is 119.45. CLS Holdings' value of 185.72 is 55.5% above this industry median. Based on the distribution chart, CLS Holdings ranks #237 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, CLS Holdings has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CLS Holdings' Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, CLS Holdings ranks #237 out of 548 companies for Days Payable. This puts CLS Holdings in the upper half of its industry. The industry median Days Payable is 119.45. CLS Holdings' value of 185.72 is 55.5% above this benchmark. Historically, CLS Holdings' own Days Payable has ranged from 25.90 to 137.18 over the past decade. While the company's 10-year median is 30.31 vs. the industry median of 119.45, CLS Holdings 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. CLS Holdings's current Days Payable of 185.72 is 55.5% 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 CLS Holdings 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. CLS Holdings's current Days Payable is 185.72, which is 513% above median its own 10-year median of 30.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CLS Holdings stock overvalued right now?
Based on GuruFocus' analysis, CLS Holdings (LSE:CLI) is currently considered Possible Value Trap. The stock's GF Value™ is £0.81, compared to a current price of £0.47 — trading 42.5% below its estimated fair value. The current Days Payable is 185.72, which is 513% above median its 10-year median of 30.31 and 55.5% above the REITs industry median of 119.45. CLS Holdings' overall GF Score™ is 40/100 with 7 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 CLS Holdings (LSE:CLI), the current Days Payable is 185.72 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 CLS Holdings (LSE:CLI) Overvalued in 2026?

Based on GuruFocus' analysis, CLS Holdings stock appears to be undervalued. The current stock price of £0.47 is trading 42.5% below its estimated GF Value™ of £0.81. GuruFocus considers CLS Holdings to be Possible Value Trap.

Key valuation signals for LSE:CLI:

  • Days Payable: 185.72 (513% above median its 10-year median of 30.31)
  • GF Value™: £0.81 vs. price of £0.47 (42.5% below fair value)
  • GF Score™: 40/100 with 7 warning signs
  • Industry Position: 55.5% above the REITs median (#237 of 548)

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


CLS Holdings Business Description

Industry Real EstateREITs
Other Exchanges CLIl:UK838:Germany
Address 16 Tinworth Street, London, GBR, SE11 5AL
CLS Holdings PLC is a commercial property investment firm focused on office space. The company has two operating segments: Investment Property and Other Investments. The Investment Property segment includes properties in the United Kingdom, Germany, and France, with over half of its assets located in the United Kingdom. Other Investments comprise the hotel at Spring Mews and various small corporate holdings. The company invests in non-central locations that offer efficient access to transportation and are situated in large cities. It generates the majority of its revenue from rental income.
40GF Score

Get the complete analysis for LSE:CLI

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

£0.47
Price
£0.81
GF Value