Mitsui Fudosan Logistics Park (TSE:3471) Days Payable: 22.01 (As of Jan. 2026) — 80% Above Median


TSE:3471 Mitsui Fudosan Logistics Park Inc TSE:3471
48 GF Score
Price 円110,200.00
GF Value 円114,324.17
Valuation Fairly Valued
! 6 Warning Signs
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What is Mitsui Fudosan Logistics Park Days Payable?

Mitsui Fudosan Logistics Park TSE:3471 +0.55% 48 Days Payable is 22.01 as of Jan. 2026, which is 80% above its 10-year median of 12.24. GuruFocus rates TSE:3471 with a GF Score™ of 48/100 and a GF Value™ of 円114,324.17 (Fairly Valued). The stock has 6 warning signs investors should review. Among 548 REITs companies, Mitsui Fudosan Logistics Park ranks worse than 74.82% on this metric.

Mitsui Fudosan Logistics Park's average Accounts Payable for the six months ended in Jan. 2026 was 円979 Mil. Mitsui Fudosan Logistics Park's Cost of Goods Sold for the six months ended in Jan. 2026 was 円8,118 Mil. Hence, Mitsui Fudosan Logistics Park's Days Payable for the six months ended in Jan. 2026 was 22.01.

The historical rank and industry rank for Mitsui Fudosan Logistics Park's Days Payable or its related term are showing as below:

TSE:3471' s Days Payable Range Over the Past 10 Years
Min: 10.9   Med: 12.24   Max: 44.02
Current: 44.02

During the past 10 years, Mitsui Fudosan Logistics Park's highest Days Payable was 44.02. The lowest was 10.90. And the median was 12.24.

TSE:3471's Days Payable is ranked worse than
74.82% of 548 companies
in the REITs industry
Industry Median: 119.45 vs TSE:3471: 44.02

Mitsui Fudosan Logistics Park's Days Payable increased from Jul. 2024 (19.26) to Jan. 2026 (22.01). It may suggest that Mitsui Fudosan Logistics Park delayed paying its suppliers.


Mitsui Fudosan Logistics Park Days Payable Historical Data

* Premium members only.

The historical data trend for Mitsui Fudosan Logistics Park'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.

Mitsui Fudosan Logistics Park Days Payable Chart

Mitsui Fudosan Logistics Park 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 10.90 11.71 12.77 15.22 0.00

Mitsui Fudosan Logistics Park Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 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 19.23 17.24 19.26 0.00 22.01

TSE:3471 vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Mitsui Fudosan Logistics Park'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.


Mitsui Fudosan Logistics Park Days Payable vs REITs Industry

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

* The bar in red indicates where Mitsui Fudosan Logistics Park's Days Payable falls into.


TSE:3471
48GF Score
Mitsui Fudosan Logistics Park Inc TSE:3471
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsui Fudosan Logistics Park 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.

Mitsui Fudosan Logistics Park'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
=( (604.645 + 752.19) / 2 ) / 0*365
=678.4175 / 0*365
=N/A

Mitsui Fudosan Logistics Park'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
=( (752.19 + 1205.832) / 2 ) / 8117.829*365 / 2
=979.011 / 8117.829*365 / 2
=22.01

* 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 22.01 mean?
Mitsui Fudosan Logistics Park (TSE:3471) has a Days Payable of 22.01 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 Mitsui Fudosan Logistics Park and its competitors. This is 80% above median its historical median of 12.24. Over the past decade, Mitsui Fudosan Logistics Park's Days Payable has ranged from 10.90 to 44.02. According to the industry distribution chart, Mitsui Fudosan Logistics Park ranks #410 out of 548 companies in the REITs industry, placing it in the top 74.8%.
Is Mitsui Fudosan Logistics Park's Days Payable too high?
Mitsui Fudosan Logistics Park's current Days Payable of 22.01 is 80% above median its 10-year median of 12.24. Over the past 10 years, this metric has ranged from a low of 10.90 to a high of 44.02. The REITs industry median Days Payable is 119.45. Mitsui Fudosan Logistics Park's value of 22.01 is 81.6% below this industry median. Based on the distribution chart, Mitsui Fudosan Logistics Park ranks #410 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, Mitsui Fudosan Logistics Park has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Fudosan Logistics Park's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Mitsui Fudosan Logistics Park ranks #410 out of 548 companies for Days Payable. This places Mitsui Fudosan Logistics Park in the lower half of its industry. The industry median Days Payable is 119.45. Mitsui Fudosan Logistics Park's value of 22.01 is 81.6% below this benchmark. Historically, Mitsui Fudosan Logistics Park's own Days Payable has ranged from 10.90 to 44.02 over the past decade. While the company's 10-year median is 12.24 vs. the industry median of 119.45, Mitsui Fudosan Logistics Park 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 119.45, 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. Mitsui Fudosan Logistics Park's current Days Payable of 22.01 is 81.6% 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 Mitsui Fudosan Logistics Park and its competitors. For the REITs industry, the median Days Payable is 119.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui Fudosan Logistics Park's current Days Payable is 22.01, which is 80% above median its own 10-year median of 12.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Fudosan Logistics Park stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Fudosan Logistics Park (TSE:3471) is currently considered Fairly Valued. The stock's GF Value™ is 円114,324.17, compared to a current price of 円110,200.00 — trading 3.6% below its estimated fair value. The current Days Payable is 22.01, which is 80% above median its 10-year median of 12.24 and 81.6% below the REITs industry median of 119.45. Mitsui Fudosan Logistics Park's overall GF Score™ is 48/100 with 6 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 Mitsui Fudosan Logistics Park (TSE:3471), the current Days Payable is 22.01 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 Mitsui Fudosan Logistics Park (TSE:3471) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Fudosan Logistics Park stock appears to be undervalued. The current stock price of 円110,200.00 is trading 3.6% below its estimated GF Value™ of 円114,324.17. GuruFocus considers Mitsui Fudosan Logistics Park to be Fairly Valued.

Key valuation signals for TSE:3471:

  • Days Payable: 22.01 (80% above median its 10-year median of 12.24)
  • GF Value™: 円114,324.17 vs. price of 円110,200.00 (3.6% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 81.6% below the REITs median (#410 of 548)

No single metric tells the full story. See the TSE:3471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsui Fudosan Logistics Park Business Description

Industry Real EstateREITs
Address 8-7, Ginza 6-chome, Chuo-ku, Tokyo, JPN, 104-0061
Mitsui Fudosan Logistics Park Inc is a real estate investment trust company. It is involved in the businesses of office buildings, retail properties, housing, hotels and resorts, real estate solutions, logistics facilities and venture co-creation. Its assets and projects are located in Hokkaido, Kanto, Kinki, Tohoku, Tokai, Kyushu, Hokuriku, and Chugoku in Japan.
48GF Score

Get the complete analysis for TSE:3471

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

円110,200.00
Price
円114,324.17
GF Value