EastGroup Properties (MEX:EGP) Days Payable: 12.29 (As of Mar. 2026) — 49% Below Median

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MEX:EGP EastGroup Properties Inc MEX:EGP
94 GF Score
Price MXN3,725.50
GF Value MXN3,253.86
! 8 Warning Signs
View Full Analysis

What is EastGroup Properties Days Payable?

EastGroup Properties MEX:EGP 94 Days Payable is 12.29 as of Mar. 2026, which is 49% below its 10-year median of 23.88. GuruFocus rates MEX:EGP with a GF Score™ of 94/100 and a GF Value™ of MXN3,253.86. The stock has 8 warning signs investors should review. Among 548 REITs companies, EastGroup Properties ranks worse than 89.96% on this metric.

EastGroup Properties's average Accounts Payable for the three months ended in Mar. 2026 was MXN123 Mil. EastGroup Properties's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN911 Mil. Hence, EastGroup Properties's Days Payable for the three months ended in Mar. 2026 was 12.29.

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

MEX:EGP' s Days Payable Range Over the Past 10 Years
Min: 8.56   Med: 23.88   Max: 30.81
Current: 16.87

During the past 13 years, EastGroup Properties's highest Days Payable was 30.81. The lowest was 8.56. And the median was 23.88.

MEX:EGP's Days Payable is ranked worse than
89.96% of 548 companies
in the REITs industry
Industry Median: 119.435 vs MEX:EGP: 16.87

EastGroup Properties's Days Payable declined from Mar. 2025 (22.41) to Mar. 2026 (12.29). It may suggest that EastGroup Properties accelerated paying its suppliers.


EastGroup Properties Days Payable Historical Data

* Premium members only.

The historical data trend for EastGroup 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.

EastGroup Properties Days Payable Chart

EastGroup Properties 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 20.50 30.17 32.75 24.22 18.01

EastGroup Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 22.41 21.40 19.11 15.36 12.29

MEX:EGP vs LINE, CUBE, FR: Days Payable Comparison

For the REIT - Industrial subindustry, EastGroup 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.


EastGroup Properties Days Payable vs REITs Industry

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

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


MEX:EGP
94GF Score
EastGroup Properties Inc MEX:EGP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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EastGroup 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.

EastGroup Properties'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
=( (227.744 + 113.868) / 2 ) / 3461.47*365
=170.806 / 3461.47*365
=18.01

EastGroup Properties'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (113.868 + 131.639) / 2 ) / 911.066*365 / 4
=122.7535 / 911.066*365 / 4
=12.29

* 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 12.29 mean?
EastGroup Properties (MEX:EGP) has a Days Payable of 12.29 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 EastGroup Properties and its competitors. This is 49% below median its historical median of 23.88. Over the past decade, EastGroup Properties' Days Payable has ranged from 8.56 to 30.81. According to the industry distribution chart, EastGroup Properties ranks #493 out of 548 companies in the REITs industry, placing it in the top 90%.
Is EastGroup Properties' Days Payable too high?
EastGroup Properties' current Days Payable of 12.29 is 49% below median its 10-year median of 23.88. Over the past 10 years, this metric has ranged from a low of 8.56 to a high of 30.81. The REITs industry median Days Payable is 119.44. EastGroup Properties' value of 12.29 is 89.7% below this industry median. Based on the distribution chart, EastGroup Properties ranks #493 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, EastGroup Properties has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does EastGroup Properties' Days Payable compare to LINE and CUBE?
According to the REITs industry distribution chart, EastGroup Properties ranks #493 out of 548 companies for Days Payable. This places EastGroup Properties in the lower half of its industry. The industry median Days Payable is 119.44. EastGroup Properties' value of 12.29 is 89.7% below this benchmark. Historically, EastGroup Properties' own Days Payable has ranged from 8.56 to 30.81 over the past decade. While the company's 10-year median is 23.88 vs. the industry median of 119.44, EastGroup 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 119.44, 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. EastGroup Properties's current Days Payable of 12.29 is 89.7% 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 EastGroup Properties and its competitors. For the REITs industry, the median Days Payable is 119.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EastGroup Properties's current Days Payable is 12.29, which is 49% below median its own 10-year median of 23.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EastGroup Properties stock overvalued right now?
EastGroup Properties (MEX:EGP) has a current Days Payable of 12.29. The stock's GF Value™ is MXN3,253.86, compared to a current price of MXN3,725.50 — trading 14.5% above its estimated fair value. The current Days Payable is 12.29, which is 49% below median its 10-year median of 23.88 and 89.7% below the REITs industry median of 119.44. EastGroup Properties' overall GF Score™ is 94/100 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 EastGroup Properties (MEX:EGP), the current Days Payable is 12.29 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 EastGroup Properties (MEX:EGP) Overvalued in 2026?

Based on GuruFocus' analysis, EastGroup Properties stock appears to be overvalued. The current stock price of MXN3,725.50 is trading 14.5% above its estimated GF Value™ of MXN3,253.86.

Key valuation signals for MEX:EGP:

  • Days Payable: 12.29 (49% below median its 10-year median of 23.88)
  • GF Value™: MXN3,253.86 vs. price of MXN3,725.50 (14.5% above fair value)
  • GF Score™: 94/100 with 8 warning signs
  • Industry Position: 89.7% below the REITs median (#493 of 548)

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


EastGroup Properties Business Description

Industry Real EstateREITs
Other Exchanges EGP:USAEGO:Germany
Address 400 West Parkway Place, Suite 100, Ridgeland, MS, USA, 39157
EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The group has one reportable segment, which is industrial properties. The company derives its revenue in the form of rental income.
94GF Score

Get the complete analysis for MEX:EGP

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

MXN3,725.50
Price
MXN3,253.86
GF Value