Qrf (LTS:0QIP) Days Payable: 607.00 (As of Dec. 2025) — 174% Above Median


LTS:0QIP Qrf LTS:0QIP
75 GF Score
Price €10.40
GF Value €9.82
Valuation Fairly Valued
! 8 Warning Signs
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What is Qrf Days Payable?

Qrf LTS:0QIP -6.73% 75 Days Payable is 607.00 as of Dec. 2025, which is 174% above its 10-year median of 221.72. GuruFocus rates LTS:0QIP with a GF Score™ of 75/100 and a GF Value™ of €9.82 (Fairly Valued). The stock has 8 warning signs investors should review. Among 549 REITs companies, Qrf ranks better than 84.7% on this metric.

Qrf's average Accounts Payable for the six months ended in Dec. 2025 was €1.82 Mil. Qrf's Cost of Goods Sold for the six months ended in Dec. 2025 was €0.55 Mil. Hence, Qrf's Days Payable for the six months ended in Dec. 2025 was 607.00.

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

LTS:0QIP' s Days Payable Range Over the Past 10 Years
Min: 65.42   Med: 221.72   Max: 445.21
Current: 398.72

During the past 13 years, Qrf's highest Days Payable was 445.21. The lowest was 65.42. And the median was 221.72.

LTS:0QIP's Days Payable is ranked better than
84.7% of 549 companies
in the REITs industry
Industry Median: 119.66 vs LTS:0QIP: 398.72

Qrf's Days Payable increased from Dec. 2024 (367.71) to Dec. 2025 (607.00). It may suggest that Qrf delayed paying its suppliers.


Qrf Days Payable Historical Data

* Premium members only.

The historical data trend for Qrf'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.

Qrf Days Payable Chart

Qrf 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 142.72 209.70 374.22 445.21 400.45

Qrf 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 294.00 655.39 367.71 318.07 607.00

LTS:0QIP vs SPG, O, KIM: Days Payable Comparison

For the REIT - Retail subindustry, Qrf'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.


Qrf Days Payable vs REITs Industry

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

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


LTS:0QIP
75GF Score
Qrf LTS:0QIP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Qrf 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.

Qrf'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
=( (2.847 + 1.491) / 2 ) / 1.977*365
=2.169 / 1.977*365
=400.45

Qrf'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
=( (2.141 + 1.491) / 2 ) / 0.546*365 / 2
=1.816 / 0.546*365 / 2
=607.00

* 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 607.00 mean?
Qrf (LTS:0QIP) has a Days Payable of 607.00 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 Qrf and its competitors. This is 174% above median its historical median of 221.72. Over the past decade, Qrf's Days Payable has ranged from 65.42 to 445.21. According to the industry distribution chart, Qrf ranks #84 out of 549 companies in the REITs industry, placing it in the top 15.3%.
Is Qrf's Days Payable too high?
Qrf's current Days Payable of 607.00 is 174% above median its 10-year median of 221.72. Over the past 10 years, this metric has ranged from a low of 65.42 to a high of 445.21. The REITs industry median Days Payable is 119.66. Qrf's value of 607.00 is 407.3% above this industry median. Based on the distribution chart, Qrf ranks #84 out of 549 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Qrf has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qrf's Days Payable compare to SPG and O?
According to the REITs industry distribution chart, Qrf ranks #84 out of 549 companies for Days Payable. This places Qrf in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.66. Qrf's value of 607.00 is 407.3% above this benchmark. Historically, Qrf's own Days Payable has ranged from 65.42 to 445.21 over the past decade. While the company's 10-year median is 221.72 vs. the industry median of 119.66, Qrf 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 119.66, based on 549 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. Qrf's current Days Payable of 607.00 is 407.3% 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 Qrf and its competitors. For the REITs industry, the median Days Payable is 119.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qrf's current Days Payable is 607.00, which is 174% above median its own 10-year median of 221.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qrf stock overvalued right now?
Based on GuruFocus' analysis, Qrf (LTS:0QIP) is currently considered Fairly Valued. The stock's GF Value™ is €9.82, compared to a current price of €10.40 — trading 5.9% above its estimated fair value. The current Days Payable is 607.00, which is 174% above median its 10-year median of 221.72 and 407.3% above the REITs industry median of 119.66. Qrf's overall GF Score™ is 75/100 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 Qrf (LTS:0QIP), the current Days Payable is 607.00 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 Qrf (LTS:0QIP) Overvalued in 2026?

Based on GuruFocus' analysis, Qrf stock appears to be overvalued. The current stock price of €10.40 is trading 5.9% above its estimated GF Value™ of €9.82. GuruFocus considers Qrf to be Fairly Valued.

Key valuation signals for LTS:0QIP:

  • Days Payable: 607.00 (174% above median its 10-year median of 221.72)
  • GF Value™: €9.82 vs. price of €10.40 (5.9% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 407.3% above the REITs median (#84 of 549)

No single metric tells the full story. See the LTS:0QIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qrf Business Description

Industry Real EstateREITs
Other Exchanges QRF:Belgium
Address Veldstraat 88A Bus 401, Ghent, BEL, 9000
Qrf is a Belgian public regulated real estate company (RREC or BE-REIT) that invests in inner-city real estate in Belgium and the Netherlands. The company focuses on the acquisition, redevelopment, and leasing of commercial real estate focused on retail, leisure, and hospitality. Its segments include Belgium and the Netherlands, of which the majority of the revenue is derived from Belgium.
75GF Score

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

€10.40
Price
€9.82
GF Value