Mitsubishi Estate Logistics REIT Investment (TSE:3481) Days Payable: 20.85 (As of Feb. 2026) — Near Median


TSE:3481 Mitsubishi Estate Logistics REIT Investment Corp TSE:3481
67 GF Score
Price 円121,600.00
GF Value 円132,929.12
Valuation Fairly Valued
! 6 Warning Signs
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What is Mitsubishi Estate Logistics REIT Investment Days Payable?

Mitsubishi Estate Logistics REIT Investment TSE:3481 +0.33% 67 Days Payable is 20.85 as of Feb. 2026, which is 5% below its 10-year median of 21.98. GuruFocus rates TSE:3481 with a GF Score™ of 67/100 and a GF Value™ of 円132,929.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 548 REITs companies, Mitsubishi Estate Logistics REIT Investment ranks worse than 87.77% on this metric.

Mitsubishi Estate Logistics REIT Investment's average Accounts Payable for the six months ended in Feb. 2026 was 円320 Mil. Mitsubishi Estate Logistics REIT Investment's Cost of Goods Sold for the six months ended in Feb. 2026 was 円2,804 Mil. Hence, Mitsubishi Estate Logistics REIT Investment's Days Payable for the six months ended in Feb. 2026 was 20.85.

The historical rank and industry rank for Mitsubishi Estate Logistics REIT Investment's Days Payable or its related term are showing as below:

TSE:3481' s Days Payable Range Over the Past 10 Years
Min: 8.94   Med: 21.98   Max: 28.54
Current: 19.83

During the past 8 years, Mitsubishi Estate Logistics REIT Investment's highest Days Payable was 28.54. The lowest was 8.94. And the median was 21.98.

TSE:3481's Days Payable is ranked worse than
87.77% of 548 companies
in the REITs industry
Industry Median: 119.45 vs TSE:3481: 19.83

Mitsubishi Estate Logistics REIT Investment's Days Payable increased from Feb. 2025 (17.86) to Feb. 2026 (20.85). It may suggest that Mitsubishi Estate Logistics REIT Investment delayed paying its suppliers.


Mitsubishi Estate Logistics REIT Investment Days Payable Related Terms


Mitsubishi Estate Logistics REIT Investment Days Payable Historical Data

* Premium members only.

The historical data trend for Mitsubishi Estate Logistics 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.

Mitsubishi Estate Logistics REIT Investment Days Payable Chart

Mitsubishi Estate Logistics REIT Investment Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Payable
Get a 7-Day Free Trial 15.17 21.98 28.54 25.44 22.84

Mitsubishi Estate Logistics REIT Investment Semi-Annual Data
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 30.67 25.60 17.86 18.54 20.85

TSE:3481 vs PLD, PSA, EXR: Days Payable Comparison

For the REIT - Industrial subindustry, Mitsubishi Estate Logistics 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.


Mitsubishi Estate Logistics REIT Investment Days Payable vs REITs Industry

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

* The bar in red indicates where Mitsubishi Estate Logistics REIT Investment's Days Payable falls into.


TSE:3481
67GF Score
Mitsubishi Estate Logistics REIT Investment Corp TSE:3481
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Estate Logistics 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.

Mitsubishi Estate Logistics REIT Investment's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

Days Payable (A: Aug. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2023 ) + Accounts Payable (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (415.959 + 279.385) / 2 ) / 5555.589*365
=347.672 / 5555.589*365
=22.84

Mitsubishi Estate Logistics REIT Investment'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
=( (295.9 + 344.661) / 2 ) / 2803.528*365 / 2
=320.2805 / 2803.528*365 / 2
=20.85

* 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 20.85 mean?
Mitsubishi Estate Logistics REIT Investment (TSE:3481) has a Days Payable of 20.85 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 Mitsubishi Estate Logistics REIT Investment and its competitors. This is near median its historical median of 21.98. Over the past decade, Mitsubishi Estate Logistics REIT Investment's Days Payable has ranged from 8.94 to 28.54. According to the industry distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #481 out of 548 companies in the REITs industry, placing it in the top 87.8%.
Is Mitsubishi Estate Logistics REIT Investment's Days Payable too high?
Mitsubishi Estate Logistics REIT Investment's current Days Payable of 20.85 is near median its 10-year median of 21.98. Over the past 10 years, this metric has ranged from a low of 8.94 to a high of 28.54. The REITs industry median Days Payable is 119.45. Mitsubishi Estate Logistics REIT Investment's value of 20.85 is 82.5% below this industry median. Based on the distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #481 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mitsubishi Estate Logistics REIT Investment has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Estate Logistics REIT Investment's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #481 out of 548 companies for Days Payable. This places Mitsubishi Estate Logistics REIT Investment in the lower half of its industry. The industry median Days Payable is 119.45. Mitsubishi Estate Logistics REIT Investment's value of 20.85 is 82.5% below this benchmark. Historically, Mitsubishi Estate Logistics REIT Investment's own Days Payable has ranged from 8.94 to 28.54 over the past decade. While the company's 10-year median is 21.98 vs. the industry median of 119.45, Mitsubishi Estate Logistics 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 119.45, 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. Mitsubishi Estate Logistics REIT Investment's current Days Payable of 20.85 is 82.5% 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 Mitsubishi Estate Logistics REIT Investment 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. Mitsubishi Estate Logistics REIT Investment's current Days Payable is 20.85, which is near median its own 10-year median of 21.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Estate Logistics REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment (TSE:3481) is currently considered Fairly Valued. The stock's GF Value™ is 円132,929.12, compared to a current price of 円121,600.00 — trading 8.5% below its estimated fair value. The current Days Payable is 20.85, which is near median its 10-year median of 21.98 and 82.5% below the REITs industry median of 119.45. Mitsubishi Estate Logistics REIT Investment's overall GF Score™ is 67/100 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 Mitsubishi Estate Logistics REIT Investment (TSE:3481), the current Days Payable is 20.85 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 Mitsubishi Estate Logistics REIT Investment (TSE:3481) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment stock appears to be undervalued. The current stock price of 円121,600.00 is trading 8.5% below its estimated GF Value™ of 円132,929.12. GuruFocus considers Mitsubishi Estate Logistics REIT Investment to be Fairly Valued.

Key valuation signals for TSE:3481:

  • Days Payable: 20.85 (near median its 10-year median of 21.98)
  • GF Value™: 円132,929.12 vs. price of 円121,600.00 (8.5% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 82.5% below the REITs median (#481 of 548)

No single metric tells the full story. See the TSE:3481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Estate Logistics REIT Investment Business Description

Industry Real EstateREITs
Address 1-6-5 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties, mainly located in the Tokyo metropolitan area.
67GF Score

Get the complete analysis for TSE:3481

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

円121,600.00
Price
円132,929.12
GF Value