Manulife US REITMNULF 29 Days Payable is 97.05 as of Dec. 2025, which is 2111% above its 10-year median of 4.39. GuruFocus rates MNULF with a GF Score™ of 29/100 and a GF Value™ of $0.12. The stock has 7 warning signs investors should review. Among 548 REITs companies, Manulife US REIT ranks worse than 64.6% on this metric.
The historical rank and industry rank for Manulife US REIT's Days Payable or its related term are showing as below:
MNULF'
s Days Payable Range Over the Past 10 Years
Min: 1.04 Med: 4.39 Max: 66.19
Current: 66.19
During the past 13 years, Manulife US REIT's highest Days Payable was 66.19. The lowest was 1.04. And the median was 4.39.
MNULF's Days Payable is ranked worse than 64.6% of 548
companies
in the REITs industry
Industry Median: 119.45
vs MNULF: 66.19
Manulife US REIT's Days Payable
increased
from Dec. 2024 (78.57) to Dec. 2025 (97.05).
It may suggest that Manulife US REITdelayed paying its suppliers.
Manulife US REIT Days Payable Related Terms
Manulife US REIT Days Payable Historical Data
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The historical data trend for Manulife US 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 - Office subindustry, Manulife US 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.
Manulife US REIT Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Manulife US REIT's Days Payable distribution charts can be found below:
* The bar in red indicates where Manulife US 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.
Manulife US 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.
Manulife US REIT (MNULF) has a Days Payable of 97.05 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 Manulife US REIT and its competitors. This is 2111% above median its historical median of 4.39. Over the past decade, Manulife US REIT's Days Payable has ranged from 1.04 to 66.19. According to the industry distribution chart, Manulife US REIT ranks #354 out of 548 companies in the REITs industry, placing it in the top 64.6%.
Is Manulife US REIT's Days Payable too high?
Manulife US REIT's current Days Payable of 97.05 is 2111% above median its 10-year median of 4.39. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 66.19. The REITs industry median Days Payable is 119.45. Manulife US REIT's value of 97.05 is 18.8% below this industry median. Based on the distribution chart, Manulife US REIT ranks #354 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, Manulife US REIT has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Manulife US REIT's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, Manulife US REIT ranks #354 out of 548 companies for Days Payable. This places Manulife US REIT in the lower half of its industry. The industry median Days Payable is 119.45. Manulife US REIT's value of 97.05 is 18.8% below this benchmark. Historically, Manulife US REIT's own Days Payable has ranged from 1.04 to 66.19 over the past decade. While the company's 10-year median is 4.39 vs. the industry median of 119.45, Manulife US REIT 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 119.45, 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. Manulife US REIT's current Days Payable of 97.05 is 18.8% 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 Manulife US REIT 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. Manulife US REIT's current Days Payable is 97.05, which is 2111% above median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife US REIT stock overvalued right now?
Manulife US REIT (MNULF) has a current Days Payable of 97.05. The stock's GF Value™ is $0.12, compared to a current price of $0.13 — trading 6.2% above its estimated fair value. The current Days Payable is 97.05, which is 2111% above median its 10-year median of 4.39 and 18.8% below the REITs industry median of 119.45. Manulife US REIT's overall GF Score™ is 29/100 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 Manulife US REIT (MNULF), the current Days Payable is 97.05 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 Manulife US REIT (MNULF) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife US REIT stock appears to be overvalued.
The current stock price of $0.13 is trading 6.2% above its estimated GF Value™ of $0.12.
Key valuation signals for MNULF:
Days Payable: 97.05 (2111% above median its 10-year median of 4.39)
GF Value™: $0.12 vs. price of $0.13 (6.2% above fair value)
Industry Position: 18.8% below the REITs median (#354 of 548)
No single metric tells the full story. See the MNULF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manulife US REIT is a pure-play U.S. office REIT in Asia. The company along with its subsidiaries invests, directly or indirectly, in a portfolio of income-producing office real estate in markets in the U.S., as well as real estate-related assets. The Group's investment properties comprise commercial office properties. Some of its properties include Figueroa and Michelson in California along with Plaza and Exchange in New Jersey. Geographically, the majority is derived from the United States.
29GF Score
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