Sankei Real Estate (TSE:2972) Days Payable: 33.62 (As of Feb. 2026) — 14% Below Median

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TSE:2972 Sankei Real Estate Inc TSE:2972
59 GF Score
Price 円113,700.00
GF Value 円85,601.71
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Sankei Real Estate Days Payable?

Sankei Real Estate TSE:2972 -0.26% 59 Days Payable is 33.62 as of Feb. 2026, which is 14% below its 10-year median of 39.26. GuruFocus rates TSE:2972 with a GF Score™ of 59/100 and a GF Value™ of 円85,601.71 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 548 REITs companies, Sankei Real Estate ranks worse than 80.29% on this metric.

Sankei Real Estate's average Accounts Payable for the six months ended in Feb. 2026 was 円175 Mil. Sankei Real Estate's Cost of Goods Sold for the six months ended in Feb. 2026 was 円948 Mil. Hence, Sankei Real Estate's Days Payable for the six months ended in Feb. 2026 was 33.62.

The historical rank and industry rank for Sankei Real Estate's Days Payable or its related term are showing as below:

TSE:2972' s Days Payable Range Over the Past 10 Years
Min: 10.48   Med: 39.26   Max: 76.16
Current: 31.58

During the past 7 years, Sankei Real Estate's highest Days Payable was 76.16. The lowest was 10.48. And the median was 39.26.

TSE:2972's Days Payable is ranked worse than
80.29% of 548 companies
in the REITs industry
Industry Median: 119.435 vs TSE:2972: 31.58

Sankei Real Estate's Days Payable declined from Feb. 2025 (35.23) to Feb. 2026 (33.62). It may suggest that Sankei Real Estate accelerated paying its suppliers.


Sankei Real Estate Days Payable Historical Data

* Premium members only.

The historical data trend for Sankei Real Estate'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.

Sankei Real Estate Days Payable Chart

Sankei Real Estate Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial 49.60 41.88 34.48 10.48 36.63

Sankei Real Estate Semi-Annual Data
Apr19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 6.43 43.72 35.23 30.00 33.62

TSE:2972 vs BXP, ARE, VNO: Days Payable Comparison

For the REIT - Office subindustry, Sankei Real Estate'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.


Sankei Real Estate Days Payable vs REITs Industry

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

* The bar in red indicates where Sankei Real Estate's Days Payable falls into.


TSE:2972
59GF Score
Sankei Real Estate Inc TSE:2972
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sankei Real Estate 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.

Sankei Real Estate's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (187.134 + 167.301) / 2 ) / 1765.985*365
=177.2175 / 1765.985*365
=36.63

Sankei Real Estate's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (167.301 + 181.863) / 2 ) / 947.798*365 / 2
=174.582 / 947.798*365 / 2
=33.62

* 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 33.62 mean?
Sankei Real Estate (TSE:2972) has a Days Payable of 33.62 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sankei Real Estate and its competitors. This is 14% below median its historical median of 39.26. Over the past decade, Sankei Real Estate's Days Payable has ranged from 10.48 to 76.16. According to the industry distribution chart, Sankei Real Estate ranks #440 out of 548 companies in the REITs industry, placing it in the top 80.3%.
Is Sankei Real Estate's Days Payable too high?
Sankei Real Estate's current Days Payable of 33.62 is 14% below median its 10-year median of 39.26. Over the past 10 years, this metric has ranged from a low of 10.48 to a high of 76.16. The REITs industry median Days Payable is 119.44. Sankei Real Estate's value of 33.62 is 71.9% below this industry median. Based on the distribution chart, Sankei Real Estate ranks #440 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Sankei Real Estate has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sankei Real Estate's Days Payable compare to BXP and ARE?
According to the REITs industry distribution chart, Sankei Real Estate ranks #440 out of 548 companies for Days Payable. This places Sankei Real Estate in the lower half of its industry. The industry median Days Payable is 119.44. Sankei Real Estate's value of 33.62 is 71.9% below this benchmark. Historically, Sankei Real Estate's own Days Payable has ranged from 10.48 to 76.16 over the past decade. While the company's 10-year median is 39.26 vs. the industry median of 119.44, Sankei Real Estate 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. Sankei Real Estate's current Days Payable of 33.62 is 71.9% 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 Sankei Real Estate 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. Sankei Real Estate's current Days Payable is 33.62, which is 14% below median its own 10-year median of 39.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sankei Real Estate stock overvalued right now?
Based on GuruFocus' analysis, Sankei Real Estate (TSE:2972) is currently considered Significantly Overvalued. The stock's GF Value™ is 円85,601.71, compared to a current price of 円113,700.00 — trading 32.8% above its estimated fair value. The current Days Payable is 33.62, which is 14% below median its 10-year median of 39.26 and 71.9% below the REITs industry median of 119.44. Sankei Real Estate's overall GF Score™ is 59/100 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 Sankei Real Estate (TSE:2972), the current Days Payable is 33.62 as of Feb. 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 Sankei Real Estate (TSE:2972) Overvalued in 2026?

Based on GuruFocus' analysis, Sankei Real Estate stock appears to be overvalued. The current stock price of 円113,700.00 is trading 32.8% above its estimated GF Value™ of 円85,601.71. GuruFocus considers Sankei Real Estate to be Significantly Overvalued.

Key valuation signals for TSE:2972:

  • Days Payable: 33.62 (14% below median its 10-year median of 39.26)
  • GF Value™: 円85,601.71 vs. price of 円113,700.00 (32.8% above fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 71.9% below the REITs median (#440 of 548)

No single metric tells the full story. See the TSE:2972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sankei Real Estate Business Description

Industry Real EstateREITs
Address 2-3-4 Uchikanda, 4th floor, S-GATE Otemachi Kita, Chiyoda-ku, Tokyo, JPN, 100-0004
Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.
59GF Score

Get the complete analysis for TSE:2972

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

円113,700.00
Price
円85,601.71
GF Value