MDV (Modiv Industrial) Days Payable: 38.87 (As of Jun. 2026) — 21% Below Median

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MDV Modiv Industrial Inc MDV
49 GF Score
Price $18.05
GF Value $13.09
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Modiv Industrial Days Payable?

Modiv Industrial MDV 49 Days Payable is 38.87 as of Jun. 2026, which is 21% below its 10-year median of 49.38. GuruFocus rates MDV with a GF Score™ of 49/100 and a GF Value™ of $13.09 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 536 REITs companies, Modiv Industrial ranks worse than 77.99% on this metric.

Modiv Industrial's average Accounts Payable for the three months ended in Jun. 2026 was $0.35 Mil. Modiv Industrial's Cost of Goods Sold for the three months ended in Jun. 2026 was $0.82 Mil. Hence, Modiv Industrial's Days Payable for the three months ended in Jun. 2026 was 38.87.

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

MDV' s Days Payable Range Over the Past 10 Years
Min: 34.18   Med: 49.38   Max: 77.19
Current: 34.72

During the past 7 years, Modiv Industrial's highest Days Payable was 77.19. The lowest was 34.18. And the median was 49.38.

MDV's Days Payable is ranked worse than
77.99% of 536 companies
in the REITs industry
Industry Median: 112.59 vs MDV: 34.72

Modiv Industrial's Days Payable declined from Jun. 2025 (55.32) to Jun. 2026 (38.87). It may suggest that Modiv Industrial accelerated paying its suppliers.


Modiv Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for Modiv Industrial'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.

Modiv Industrial Days Payable Chart

Modiv Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 77.05 77.19 55.23 46.77 34.18

Modiv Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 55.32 34.22 37.18 36.55 38.87

MDV vs ILPT, PLD, PSA: Days Payable Comparison

For the REIT - Industrial subindustry, Modiv Industrial'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.


Modiv Industrial Days Payable vs REITs Industry

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

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


MDV
49GF Score
Modiv Industrial Inc MDV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modiv Industrial 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.

Modiv Industrial'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
=( (0.365 + 0.283) / 2 ) / 3.46*365
=0.324 / 3.46*365
=34.18

Modiv Industrial's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0.442 + 0.26) / 2 ) / 0.824*365 / 4
=0.351 / 0.824*365 / 4
=38.87

* 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 38.87 mean?
Modiv Industrial (MDV) has a Days Payable of 38.87 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Modiv Industrial and its competitors. This is 21% below median its historical median of 49.38. Over the past decade, Modiv Industrial's Days Payable has ranged from 34.18 to 77.19. According to the industry distribution chart, Modiv Industrial ranks #418 out of 536 companies in the REITs industry, placing it in the top 78%.
Is Modiv Industrial's Days Payable too high?
Modiv Industrial's current Days Payable of 38.87 is 21% below median its 10-year median of 49.38. Over the past 10 years, this metric has ranged from a low of 34.18 to a high of 77.19. The REITs industry median Days Payable is 112.59. Modiv Industrial's value of 38.87 is 65.5% below this industry median. Based on the distribution chart, Modiv Industrial ranks #418 out of 536 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Modiv Industrial has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modiv Industrial's Days Payable compare to ILPT and PLD?
According to the REITs industry distribution chart, Modiv Industrial ranks #418 out of 536 companies for Days Payable. This places Modiv Industrial in the lower half of its industry. The industry median Days Payable is 112.59. Modiv Industrial's value of 38.87 is 65.5% below this benchmark. Historically, Modiv Industrial's own Days Payable has ranged from 34.18 to 77.19 over the past decade. While the company's 10-year median is 49.38 vs. the industry median of 112.59, Modiv Industrial 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 112.59, based on 536 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. Modiv Industrial's current Days Payable of 38.87 is 65.5% 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 Modiv Industrial and its competitors. For the REITs industry, the median Days Payable is 112.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modiv Industrial's current Days Payable is 38.87, which is 21% below median its own 10-year median of 49.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modiv Industrial stock overvalued right now?
Based on GuruFocus' analysis, Modiv Industrial (MDV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.09, compared to a current price of $18.05 — trading 37.9% above its estimated fair value. The current Days Payable is 38.87, which is 21% below median its 10-year median of 49.38 and 65.5% below the REITs industry median of 112.59. Modiv Industrial's overall GF Score™ is 49/100 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 Modiv Industrial (MDV), the current Days Payable is 38.87 as of Jun. 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 Modiv Industrial (MDV) Overvalued in 2026?

Based on GuruFocus' analysis, Modiv Industrial stock appears to be overvalued. The current stock price of $18.05 is trading 37.9% above its estimated GF Value™ of $13.09. GuruFocus considers Modiv Industrial to be Significantly Overvalued.

Key valuation signals for MDV:

  • Days Payable: 38.87 (21% below median its 10-year median of 49.38)
  • GF Value™: $13.09 vs. price of $18.05 (37.9% above fair value)
  • GF Score™: 49/100 with 12 warning signs
  • Industry Position: 65.5% below the REITs median (#418 of 536)

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


Modiv Industrial Business Description

Industry Real EstateREITs
Address 1500 North Grant Street, Suite No. 5609, Denver, CO, USA, 80203
Modiv Industrial Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The company has invested in single-tenant income-producing properties. Its current business consists of owning, managing, operating, leasing, acquiring, investing in, and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets. All of the company's consolidated revenues are derived from the company's consolidated real estate properties.
49GF Score

Get the complete analysis for MDV

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

$18.05
Price
$13.09
GF Value