Minto Apartment REITMIAPF -0.32%48 Days Payable is 316.41 as of Mar. 2026, which is 140% above its 10-year median of 131.92. GuruFocus rates MIAPF with a GF Score™ of 48/100 and a GF Value™ of $11.64 (Fairly Valued). The stock has 9 warning signs investors should review. Among 548 REITs companies, Minto Apartment REIT ranks better than 77.74% on this metric.
The historical rank and industry rank for Minto Apartment REIT's Days Payable or its related term are showing as below:
MIAPF'
s Days Payable Range Over the Past 10 Years
Min: 27.49 Med: 131.92 Max: 273.36
Current: 273.36
During the past 11 years, Minto Apartment REIT's highest Days Payable was 273.36. The lowest was 27.49. And the median was 131.92.
MIAPF's Days Payable is ranked better than 77.74% of 548
companies
in the REITs industry
Industry Median: 119.835
vs MIAPF: 273.36
Minto Apartment REIT's Days Payable
increased
from Mar. 2025 (215.98) to Mar. 2026 (316.41).
It may suggest that Minto Apartment REITdelayed paying its suppliers.
Minto Apartment REIT Days Payable Related Terms
Minto Apartment REIT Days Payable Historical Data
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The historical data trend for Minto Apartment REIT'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.
For the REIT - Residential subindustry, Minto Apartment REIT'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.
Minto Apartment REIT Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Minto Apartment REIT's Days Payable distribution charts can be found below:
* The bar in red indicates where Minto Apartment REIT's Days Payable falls into.
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.
Minto Apartment REIT's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Minto Apartment REIT (MIAPF) has a Days Payable of 316.41 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 Minto Apartment REIT and its competitors. This is 140% above median its historical median of 131.92. Over the past decade, Minto Apartment REIT's Days Payable has ranged from 27.49 to 273.36. According to the industry distribution chart, Minto Apartment REIT ranks #122 out of 548 companies in the REITs industry, placing it in the top 22.3%.
Is Minto Apartment REIT's Days Payable too high?
Minto Apartment REIT's current Days Payable of 316.41 is 140% above median its 10-year median of 131.92. Over the past 10 years, this metric has ranged from a low of 27.49 to a high of 273.36. The REITs industry median Days Payable is 119.84. Minto Apartment REIT's value of 316.41 is 164% above this industry median. Based on the distribution chart, Minto Apartment REIT ranks #122 out of 548 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Minto Apartment REIT has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minto Apartment REIT's Days Payable compare to AVB and EQR?
According to the REITs industry distribution chart, Minto Apartment REIT ranks #122 out of 548 companies for Days Payable. This places Minto Apartment REIT in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.84. Minto Apartment REIT's value of 316.41 is 164% above this benchmark. Historically, Minto Apartment REIT's own Days Payable has ranged from 27.49 to 273.36 over the past decade. While the company's 10-year median is 131.92 vs. the industry median of 119.84, Minto Apartment REIT 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. Minto Apartment REIT's current Days Payable of 316.41 is 164% 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 Minto Apartment REIT 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. Minto Apartment REIT's current Days Payable is 316.41, which is 140% above median its own 10-year median of 131.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minto Apartment REIT stock overvalued right now?
Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Fairly Valued. The stock's GF Value™ is $11.64, compared to a current price of $12.55 — trading 7.8% above its estimated fair value. The current Days Payable is 316.41, which is 140% above median its 10-year median of 131.92 and 164% above the REITs industry median of 119.84. Minto Apartment REIT's overall GF Score™ is 48/100 with 9 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 Minto Apartment REIT (MIAPF), the current Days Payable is 316.41 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 Minto Apartment REIT (MIAPF) Overvalued in 2026?
Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued.
The current stock price of $12.55 is trading 7.8% above its estimated GF Value™ of $11.64.
GuruFocus considers Minto Apartment REIT to be Fairly Valued.
Key valuation signals for MIAPF:
Days Payable: 316.41 (140% above median its 10-year median of 131.92)
GF Value™: $11.64 vs. price of $12.55 (7.8% above fair value)
Industry Position: 164% above the REITs median (#122 of 548)
No single metric tells the full story. See the MIAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
48GF Score
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