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NewLake Capital PartnersNLCP +0.13%83 Days Payable is 192.48 as of Mar. 2026, which is 90% below its 10-year median of 2,009.79. GuruFocus rates NLCP with a GF Score™ of 83/100 and a GF Value™ of $14.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 540 REITs companies, NewLake Capital Partners ranks better than 83.52% on this metric.
* 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 - Specialty subindustry, NewLake Capital Partners'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.
NewLake Capital Partners Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, NewLake Capital Partners's Days Payable distribution charts can be found below:
* The bar in red indicates where NewLake Capital Partners'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.
NewLake Capital Partners'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.
NewLake Capital Partners (NLCP) has a Days Payable of 192.48 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 NewLake Capital Partners and its competitors. This is 90% below median its historical median of 2,009.79. Over the past decade, NewLake Capital Partners' Days Payable has ranged from 369.65 to 512,460.00. According to the industry distribution chart, NewLake Capital Partners ranks #89 out of 540 companies in the REITs industry, placing it in the top 16.5%.
Is NewLake Capital Partners' Days Payable too high?
NewLake Capital Partners' current Days Payable of 192.48 is 90% below median its 10-year median of 2,009.79. Over the past 10 years, this metric has ranged from a low of 369.65 to a high of 512,460.00. The REITs industry median Days Payable is 119.56. NewLake Capital Partners' value of 192.48 is 61% above this industry median. Based on the distribution chart, NewLake Capital Partners ranks #89 out of 540 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, NewLake Capital Partners has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NewLake Capital Partners' Days Payable compare to LAND and FPI?
According to the REITs industry distribution chart, NewLake Capital Partners ranks #89 out of 540 companies for Days Payable. This places NewLake Capital Partners in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.56. NewLake Capital Partners' value of 192.48 is 61% above this benchmark. Historically, NewLake Capital Partners' own Days Payable has ranged from 369.65 to 512,460.00 over the past decade. While the company's 10-year median is 2,009.79 vs. the industry median of 119.56, NewLake Capital Partners 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 119.56, based on 540 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. NewLake Capital Partners's current Days Payable of 192.48 is 61% 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 NewLake Capital Partners and its competitors. For the REITs industry, the median Days Payable is 119.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NewLake Capital Partners's current Days Payable is 192.48, which is 90% below median its own 10-year median of 2,009.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewLake Capital Partners stock overvalued right now?
Based on GuruFocus' analysis, NewLake Capital Partners (NLCP) is currently considered Fairly Valued. The stock's GF Value™ is $14.85, compared to a current price of $15.70 — trading 5.7% above its estimated fair value. The current Days Payable is 192.48, which is 90% below median its 10-year median of 2,009.79 and 61% above the REITs industry median of 119.56. NewLake Capital Partners' overall GF Score™ is 83/100 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 NewLake Capital Partners (NLCP), the current Days Payable is 192.48 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 NewLake Capital Partners (NLCP) Overvalued in 2026?
Based on GuruFocus' analysis, NewLake Capital Partners stock appears to be overvalued.
The current stock price of $15.70 is trading 5.7% above its estimated GF Value™ of $14.85.
GuruFocus considers NewLake Capital Partners to be Fairly Valued.
Key valuation signals for NLCP:
Days Payable: 192.48 (90% below median its 10-year median of 2,009.79)
GF Value™: $14.85 vs. price of $15.70 (5.7% above fair value)
Industry Position: 61% above the REITs median (#89 of 540)
No single metric tells the full story. See the NLCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NewLake Capital Partners Inc is an internally managed real estate investment trust (REIT) focused on providing real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases and funding for build-to-suit projects. properties are leased to single tenants on a long-term, triple-net basis, which obligates the tenant to be responsible for the ongoing expenses of a property, in addition to its rent obligations. Its tenants operate in the fast-growing cannabis industry.
83GF Score
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