Mori Hills Reit Investment (TSE:3234) Days Payable: 11.61 (As of Jan. 2026) — Near Median

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TSE:3234 Mori Hills Reit Investment Corp TSE:3234
64 GF Score
Price 円131,800.00
GF Value 円142,591.00
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Mori Hills Reit Investment Days Payable?

Mori Hills Reit Investment TSE:3234 +0.53% 64 Days Payable is 11.61 as of Jan. 2026, which is 1% below its 10-year median of 11.71. GuruFocus rates TSE:3234 with a GF Score™ of 64/100 and a GF Value™ of 円142,591.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 547 REITs companies, Mori Hills Reit Investment ranks worse than 91.77% on this metric.

Mori Hills Reit Investment's average Accounts Payable for the six months ended in Jan. 2026 was 円238 Mil. Mori Hills Reit Investment's Cost of Goods Sold for the six months ended in Jan. 2026 was 円3,733 Mil. Hence, Mori Hills Reit Investment's Days Payable for the six months ended in Jan. 2026 was 11.61.

The historical rank and industry rank for Mori Hills Reit Investment's Days Payable or its related term are showing as below:

TSE:3234' s Days Payable Range Over the Past 10 Years
Min: 9.13   Med: 11.71   Max: 16.57
Current: 14.28

During the past 13 years, Mori Hills Reit Investment's highest Days Payable was 16.57. The lowest was 9.13. And the median was 11.71.

TSE:3234's Days Payable is ranked worse than
91.77% of 547 companies
in the REITs industry
Industry Median: 119.42 vs TSE:3234: 14.28

Mori Hills Reit Investment's Days Payable declined from Jan. 2025 (17.57) to Jan. 2026 (11.61). It may suggest that Mori Hills Reit Investment accelerated paying its suppliers.


Mori Hills Reit Investment Days Payable Historical Data

* Premium members only.

The historical data trend for Mori Hills Reit Investment'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.

Mori Hills Reit Investment Days Payable Chart

Mori Hills Reit Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.57 13.56 9.13 12.64 12.81

Mori Hills Reit Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.41 14.03 17.57 15.08 11.61

TSE:3234 vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.


Mori Hills Reit Investment Days Payable vs REITs Industry

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

* The bar in red indicates where Mori Hills Reit Investment's Days Payable falls into.


TSE:3234
64GF Score
Mori Hills Reit Investment Corp TSE:3234
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mori Hills Reit Investment 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.

Mori Hills Reit Investment's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as

Days Payable (A: Jul. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2024 ) + Accounts Payable (A: Jul. 2025 )) / count ) / Cost of Goods Sold (A: Jul. 2025 )*Days in Period
=( (295.061 + 212.905) / 2 ) / 7239.522*365
=253.983 / 7239.522*365
=12.81

Mori Hills Reit Investment's Days Payable for the quarter that ended in Jan. 2026 is calculated as:

Days Payable (Q: Jan. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (212.905 + 262.213) / 2 ) / 3733.257*365 / 2
=237.559 / 3733.257*365 / 2
=11.61

* 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 11.61 mean?
Mori Hills Reit Investment (TSE:3234) has a Days Payable of 11.61 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mori Hills Reit Investment and its competitors. This is near median its historical median of 11.71. Over the past decade, Mori Hills Reit Investment's Days Payable has ranged from 9.13 to 16.57. According to the industry distribution chart, Mori Hills Reit Investment ranks #502 out of 547 companies in the REITs industry, placing it in the top 91.8%.
Is Mori Hills Reit Investment's Days Payable too high?
Mori Hills Reit Investment's current Days Payable of 11.61 is near median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 9.13 to a high of 16.57. The REITs industry median Days Payable is 119.42. Mori Hills Reit Investment's value of 11.61 is 90.3% below this industry median. Based on the distribution chart, Mori Hills Reit Investment ranks #502 out of 547 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mori Hills Reit Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mori Hills Reit Investment's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Mori Hills Reit Investment ranks #502 out of 547 companies for Days Payable. This places Mori Hills Reit Investment in the lower half of its industry. The industry median Days Payable is 119.42. Mori Hills Reit Investment's value of 11.61 is 90.3% below this benchmark. Historically, Mori Hills Reit Investment's own Days Payable has ranged from 9.13 to 16.57 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 119.42, Mori Hills Reit Investment 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 119.42, based on 547 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. Mori Hills Reit Investment's current Days Payable of 11.61 is 90.3% 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 Mori Hills Reit Investment and its competitors. For the REITs industry, the median Days Payable is 119.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Hills Reit Investment's current Days Payable is 11.61, which is near median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Hills Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Mori Hills Reit Investment (TSE:3234) is currently considered Fairly Valued. The stock's GF Value™ is 円142,591.00, compared to a current price of 円131,800.00 — trading 7.6% below its estimated fair value. The current Days Payable is 11.61, which is near median its 10-year median of 11.71 and 90.3% below the REITs industry median of 119.42. Mori Hills Reit Investment's overall GF Score™ is 64/100 with 3 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 Mori Hills Reit Investment (TSE:3234), the current Days Payable is 11.61 as of Jan. 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 Mori Hills Reit Investment (TSE:3234) Overvalued in 2026?

Based on GuruFocus' analysis, Mori Hills Reit Investment stock appears to be undervalued. The current stock price of 円131,800.00 is trading 7.6% below its estimated GF Value™ of 円142,591.00. GuruFocus considers Mori Hills Reit Investment to be Fairly Valued.

Key valuation signals for TSE:3234:

  • Days Payable: 11.61 (near median its 10-year median of 11.71)
  • GF Value™: 円142,591.00 vs. price of 円131,800.00 (7.6% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 90.3% below the REITs median (#502 of 547)

No single metric tells the full story. See the TSE:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mori Hills Reit Investment Business Description

Industry Real EstateREITs
Address 1-12-32 Akasaka, ARK Mori Building, Minato-ku, Tokyo, JPN, 107-6011
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate office buildings and residential and retail properties available for lease in Tokyo.
64GF Score

Get the complete analysis for TSE:3234

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

円131,800.00
Price
円142,591.00
GF Value