LaSalle LOGIPORT REIT (TSE:3466) Days Payable: 12.84 (As of Feb. 2026) — 26% Below Median

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TSE:3466 LaSalle LOGIPORT REIT TSE:3466
71 GF Score
Price 円148,600.00
GF Value 円160,169.81
Valuation Fairly Valued
! 5 Warning Signs
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What is LaSalle LOGIPORT REIT Days Payable?

LaSalle LOGIPORT REIT TSE:3466 -0.54% 71 Days Payable is 12.84 as of Feb. 2026, which is 26% below its 10-year median of 17.42. GuruFocus rates TSE:3466 with a GF Score™ of 71/100 and a GF Value™ of 円160,169.81 (Fairly Valued). The stock has 5 warning signs investors should review. Among 547 REITs companies, LaSalle LOGIPORT REIT ranks worse than 92.5% on this metric.

LaSalle LOGIPORT REIT's average Accounts Payable for the six months ended in Feb. 2026 was 円262 Mil. LaSalle LOGIPORT REIT's Cost of Goods Sold for the six months ended in Feb. 2026 was 円3,724 Mil. Hence, LaSalle LOGIPORT REIT's Days Payable for the six months ended in Feb. 2026 was 12.84.

The historical rank and industry rank for LaSalle LOGIPORT REIT's Days Payable or its related term are showing as below:

TSE:3466' s Days Payable Range Over the Past 10 Years
Min: 13.11   Med: 17.42   Max: 28.61
Current: 13.11

During the past 9 years, LaSalle LOGIPORT REIT's highest Days Payable was 28.61. The lowest was 13.11. And the median was 17.42.

TSE:3466's Days Payable is ranked worse than
92.5% of 547 companies
in the REITs industry
Industry Median: 119.42 vs TSE:3466: 13.11

LaSalle LOGIPORT REIT's Days Payable declined from Feb. 2025 (16.69) to Feb. 2026 (12.84). It may suggest that LaSalle LOGIPORT REIT accelerated paying its suppliers.


LaSalle LOGIPORT REIT Days Payable Historical Data

* Premium members only.

The historical data trend for LaSalle LOGIPORT 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.

LaSalle LOGIPORT REIT Days Payable Chart

LaSalle LOGIPORT REIT Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only 16.26 17.29 17.42 18.85 16.73

LaSalle LOGIPORT REIT Semi-Annual Data
Mar16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.67 16.28 16.69 13.88 12.84

TSE:3466 vs PLD, PSA, EXR: Days Payable Comparison

For the REIT - Industrial subindustry, LaSalle LOGIPORT 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.


LaSalle LOGIPORT REIT Days Payable vs REITs Industry

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

* The bar in red indicates where LaSalle LOGIPORT REIT's Days Payable falls into.


TSE:3466
71GF Score
LaSalle LOGIPORT REIT TSE:3466
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LaSalle LOGIPORT REIT 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.

LaSalle LOGIPORT REIT'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
=( (409.317 + 293.189) / 2 ) / 7664.486*365
=351.253 / 7664.486*365
=16.73

LaSalle LOGIPORT REIT'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
=( (293.189 + 230.865) / 2 ) / 3723.552*365 / 2
=262.027 / 3723.552*365 / 2
=12.84

* 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 12.84 mean?
LaSalle LOGIPORT REIT (TSE:3466) has a Days Payable of 12.84 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 LaSalle LOGIPORT REIT and its competitors. This is 26% below median its historical median of 17.42. Over the past decade, LaSalle LOGIPORT REIT's Days Payable has ranged from 13.11 to 28.61. According to the industry distribution chart, LaSalle LOGIPORT REIT ranks #506 out of 547 companies in the REITs industry, placing it in the top 92.5%.
Is LaSalle LOGIPORT REIT's Days Payable too high?
LaSalle LOGIPORT REIT's current Days Payable of 12.84 is 26% below median its 10-year median of 17.42. Over the past 10 years, this metric has ranged from a low of 13.11 to a high of 28.61. The REITs industry median Days Payable is 119.42. LaSalle LOGIPORT REIT's value of 12.84 is 89.2% below this industry median. Based on the distribution chart, LaSalle LOGIPORT REIT ranks #506 out of 547 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, LaSalle LOGIPORT REIT has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LaSalle LOGIPORT REIT's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, LaSalle LOGIPORT REIT ranks #506 out of 547 companies for Days Payable. This places LaSalle LOGIPORT REIT in the lower half of its industry. The industry median Days Payable is 119.42. LaSalle LOGIPORT REIT's value of 12.84 is 89.2% below this benchmark. Historically, LaSalle LOGIPORT REIT's own Days Payable has ranged from 13.11 to 28.61 over the past decade. While the company's 10-year median is 17.42 vs. the industry median of 119.42, LaSalle LOGIPORT 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 119.42, 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. LaSalle LOGIPORT REIT's current Days Payable of 12.84 is 89.2% 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 LaSalle LOGIPORT REIT 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. LaSalle LOGIPORT REIT's current Days Payable is 12.84, which is 26% below median its own 10-year median of 17.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LaSalle LOGIPORT REIT stock overvalued right now?
Based on GuruFocus' analysis, LaSalle LOGIPORT REIT (TSE:3466) is currently considered Fairly Valued. The stock's GF Value™ is 円160,169.81, compared to a current price of 円148,600.00 — trading 7.2% below its estimated fair value. The current Days Payable is 12.84, which is 26% below median its 10-year median of 17.42 and 89.2% below the REITs industry median of 119.42. LaSalle LOGIPORT REIT's overall GF Score™ is 71/100 with 5 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 LaSalle LOGIPORT REIT (TSE:3466), the current Days Payable is 12.84 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 LaSalle LOGIPORT REIT (TSE:3466) Overvalued in 2026?

Based on GuruFocus' analysis, LaSalle LOGIPORT REIT stock appears to be undervalued. The current stock price of 円148,600.00 is trading 7.2% below its estimated GF Value™ of 円160,169.81. GuruFocus considers LaSalle LOGIPORT REIT to be Fairly Valued.

Key valuation signals for TSE:3466:

  • Days Payable: 12.84 (26% below median its 10-year median of 17.42)
  • GF Value™: 円160,169.81 vs. price of 円148,600.00 (7.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 89.2% below the REITs median (#506 of 547)

No single metric tells the full story. See the TSE:3466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LaSalle LOGIPORT REIT Business Description

Industry Real EstateREITs
Address Marunouchi, 1-11-1, Marunouchi, 14th Floor, Pacific Century Place, Chiyoda-ku, Tokyo, JPN
LaSalle LOGIPORT REIT is a Japan-based real estate investment trust. The company intends to invest in facilities that cater to its tenant's needs for integrated and efficient logistics operations. The majority of firm's assets are located in Tokyo area. The firm focuses on investments in prime logistics within the Tokyo and Osaka area. Its growth strategy is backed by the sponsor group's support.
71GF Score

Get the complete analysis for TSE:3466

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

円148,600.00
Price
円160,169.81
GF Value