CENTRAL REIT Investment (TSE:3488) Days Payable: 20.06 (As of Feb. 2026) — 49% Below Median


TSE:3488 CENTRAL REIT Investment Corp TSE:3488
60 GF Score
Price 円105,200.00
GF Value 円131,697.43
Valuation Modestly Undervalued
! 4 Warning Signs
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What is CENTRAL REIT Investment Days Payable?

CENTRAL REIT Investment TSE:3488 -0.19% 60 Days Payable is 20.06 as of Feb. 2026, which is 49% below its 10-year median of 39.52. GuruFocus rates TSE:3488 with a GF Score™ of 60/100 and a GF Value™ of 円131,697.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 548 REITs companies, CENTRAL REIT Investment ranks worse than 86.5% on this metric.

CENTRAL REIT Investment's average Accounts Payable for the six months ended in Feb. 2026 was 円116 Mil. CENTRAL REIT Investment's Cost of Goods Sold for the six months ended in Feb. 2026 was 円1,058 Mil. Hence, CENTRAL REIT Investment's Days Payable for the six months ended in Feb. 2026 was 20.06.

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

TSE:3488' s Days Payable Range Over the Past 10 Years
Min: 23.08   Med: 39.52   Max: 208.43
Current: 23.08

During the past 8 years, CENTRAL REIT Investment's highest Days Payable was 208.43. The lowest was 23.08. And the median was 39.52.

TSE:3488's Days Payable is ranked worse than
86.5% of 548 companies
in the REITs industry
Industry Median: 119.45 vs TSE:3488: 23.08

CENTRAL REIT Investment's Days Payable declined from Feb. 2025 (34.59) to Feb. 2026 (20.06). It may suggest that CENTRAL REIT Investment accelerated paying its suppliers.


CENTRAL REIT Investment Days Payable Historical Data

* Premium members only.

The historical data trend for CENTRAL 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.

CENTRAL REIT Investment Days Payable Chart

CENTRAL REIT Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial 40.28 38.46 36.36 38.75 35.97

CENTRAL REIT Investment Semi-Annual Data
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 33.34 40.53 34.59 26.57 20.06

TSE:3488 vs VICI, WPC, BNL: Days Payable Comparison

For the REIT - Diversified subindustry, CENTRAL 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.


CENTRAL REIT Investment Days Payable vs REITs Industry

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

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


TSE:3488
60GF Score
CENTRAL REIT Investment Corp TSE:3488
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CENTRAL 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.

CENTRAL REIT Investment'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
=( (148.642 + 94.403) / 2 ) / 1233.184*365
=121.5225 / 1233.184*365
=35.97

CENTRAL 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
=( (94.403 + 138.208) / 2 ) / 1058.292*365 / 2
=116.3055 / 1058.292*365 / 2
=20.06

* 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 20.06 mean?
CENTRAL REIT Investment (TSE:3488) has a Days Payable of 20.06 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 CENTRAL REIT Investment and its competitors. This is 49% below median its historical median of 39.52. Over the past decade, CENTRAL REIT Investment's Days Payable has ranged from 23.08 to 208.43. According to the industry distribution chart, CENTRAL REIT Investment ranks #474 out of 548 companies in the REITs industry, placing it in the top 86.5%.
Is CENTRAL REIT Investment's Days Payable too high?
CENTRAL REIT Investment's current Days Payable of 20.06 is 49% below median its 10-year median of 39.52. Over the past 10 years, this metric has ranged from a low of 23.08 to a high of 208.43. The REITs industry median Days Payable is 119.45. CENTRAL REIT Investment's value of 20.06 is 83.2% below this industry median. Based on the distribution chart, CENTRAL REIT Investment ranks #474 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, CENTRAL REIT Investment has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CENTRAL REIT Investment's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, CENTRAL REIT Investment ranks #474 out of 548 companies for Days Payable. This places CENTRAL REIT Investment in the lower half of its industry. The industry median Days Payable is 119.45. CENTRAL REIT Investment's value of 20.06 is 83.2% below this benchmark. Historically, CENTRAL REIT Investment's own Days Payable has ranged from 23.08 to 208.43 over the past decade. While the company's 10-year median is 39.52 vs. the industry median of 119.45, CENTRAL 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. CENTRAL REIT Investment's current Days Payable of 20.06 is 83.2% 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 CENTRAL 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. CENTRAL REIT Investment's current Days Payable is 20.06, which is 49% below median its own 10-year median of 39.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CENTRAL REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, CENTRAL REIT Investment (TSE:3488) is currently considered Modestly Undervalued. The stock's GF Value™ is 円131,697.43, compared to a current price of 円105,200.00 — trading 20.1% below its estimated fair value. The current Days Payable is 20.06, which is 49% below median its 10-year median of 39.52 and 83.2% below the REITs industry median of 119.45. CENTRAL REIT Investment's overall GF Score™ is 60/100 with 4 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 CENTRAL REIT Investment (TSE:3488), the current Days Payable is 20.06 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 CENTRAL REIT Investment (TSE:3488) Overvalued in 2026?

Based on GuruFocus' analysis, CENTRAL REIT Investment stock appears to be undervalued. The current stock price of 円105,200.00 is trading 20.1% below its estimated GF Value™ of 円131,697.43. GuruFocus considers CENTRAL REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3488:

  • Days Payable: 20.06 (49% below median its 10-year median of 39.52)
  • GF Value™: 円131,697.43 vs. price of 円105,200.00 (20.1% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 83.2% below the REITs median (#474 of 548)

No single metric tells the full story. See the TSE:3488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CENTRAL REIT Investment Business Description

Industry Real EstateREITs
Address 1-11-30 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
CENTRAL REIT Investment Corp, formerly XYMAX REIT Investment Corp works as a real estate manager. The company offers a range of services including leasing, managing, brokerage, consulting, and other services. It operates properties including office, retail, logistics and hotel buildings based on contract.
60GF Score

Get the complete analysis for TSE:3488

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

円105,200.00
Price
円131,697.43
GF Value