MREITPHS:MREIT +0.14%58 Days Payable is 105.08 as of Mar. 2026, which is 28% below its 10-year median of 145.93. GuruFocus rates PHS:MREIT with a GF Score™ of 58/100 and a GF Value™ of ₱13.60 (Fairly Valued). The stock has 2 warning signs investors should review. Among 548 REITs companies, MREIT ranks worse than 55.11% on this metric.
MREIT's average Accounts Payable for the
three
months ended in Mar. 2026 was ₱327 Mil. MREIT's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₱284 Mil.
Hence, MREIT's Days Payable for the
three
months ended in Mar. 2026 was 105.08.
The historical rank and industry rank for MREIT's Days Payable or its related term are showing as below:
PHS:MREIT'
s Days Payable Range Over the Past 10 Years
Min: 51.23 Med: 145.93 Max: 221.88
Current: 104.35
During the past 4 years, MREIT's highest Days Payable was 221.88. The lowest was 51.23. And the median was 145.93.
PHS:MREIT's Days Payable is ranked worse than 55.11% of 548
companies
in the REITs industry
Industry Median: 119.835
vs PHS:MREIT: 104.35
MREIT's Days Payable
increased
from Mar. 2025 (84.78) to Mar. 2026 (105.08).
It may suggest that MREITdelayed paying its suppliers.
MREIT Days Payable Related Terms
MREIT Days Payable Historical Data
* Premium members only.
The historical data trend for MREIT'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.
PHS:MREIT vs BXP, ARE, VNO: Days Payable Comparison
For the REIT - Office subindustry, MREIT'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.
MREIT Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, MREIT's Days Payable distribution charts can be found below:
* The bar in red indicates where MREIT'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.
MREIT'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.
MREIT (PHS:MREIT) has a Days Payable of 105.08 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 MREIT and its competitors. This is 28% below median its historical median of 145.93. Over the past decade, MREIT's Days Payable has ranged from 51.23 to 221.88. According to the industry distribution chart, MREIT ranks #302 out of 548 companies in the REITs industry, placing it in the top 55.1%.
Is MREIT's Days Payable too high?
MREIT's current Days Payable of 105.08 is 28% below median its 10-year median of 145.93. Over the past 10 years, this metric has ranged from a low of 51.23 to a high of 221.88. The REITs industry median Days Payable is 119.84. MREIT's value of 105.08 is 12.3% below this industry median. Based on the distribution chart, MREIT ranks #302 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, MREIT has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MREIT's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, MREIT ranks #302 out of 548 companies for Days Payable. This places MREIT in the lower half of its industry. The industry median Days Payable is 119.84. MREIT's value of 105.08 is 12.3% below this benchmark. Historically, MREIT's own Days Payable has ranged from 51.23 to 221.88 over the past decade. While the company's 10-year median is 145.93 vs. the industry median of 119.84, MREIT 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 119.84, 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. MREIT's current Days Payable of 105.08 is 12.3% 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 MREIT 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. MREIT's current Days Payable is 105.08, which is 28% below median its own 10-year median of 145.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MREIT stock overvalued right now?
Based on GuruFocus' analysis, MREIT (PHS:MREIT) is currently considered Fairly Valued. The stock's GF Value™ is ₱13.60, compared to a current price of ₱13.98 — trading 2.8% above its estimated fair value. The current Days Payable is 105.08, which is 28% below median its 10-year median of 145.93 and 12.3% below the REITs industry median of 119.84. MREIT's overall GF Score™ is 58/100 with 2 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 MREIT (PHS:MREIT), the current Days Payable is 105.08 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 MREIT (PHS:MREIT) Overvalued in 2026?
Based on GuruFocus' analysis, MREIT stock appears to be overvalued.
The current stock price of ₱13.98 is trading 2.8% above its estimated GF Value™ of ₱13.60.
GuruFocus considers MREIT to be Fairly Valued.
Key valuation signals for PHS:MREIT:
Days Payable: 105.08 (28% below median its 10-year median of 145.93)
GF Value™: ₱13.60 vs. price of ₱13.98 (2.8% above fair value)
Industry Position: 12.3% below the REITs median (#302 of 548)
No single metric tells the full story. See the PHS:MREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MREIT Inc operates as a Real Estate Investment Trust. The company is formed to own and invest in an income-producing commercial portfolio of office, retail, and hotel properties in the Philippines that meets its investment criteria. The principal investment mandate and plan of the company is to invest in income-generating real estate that meets a select set of criteria, such as location, property grade and type, and tenant profile.
58GF Score
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