Tokyu Reit (TSE:8957) Days Payable: 67.30 (As of Jan. 2026) — 43% Above Median


TSE:8957 Tokyu Reit Inc TSE:8957
66 GF Score
Price 円187,800.00
GF Value 円184,712.08
Valuation Fairly Valued
! 5 Warning Signs
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What is Tokyu Reit Days Payable?

Tokyu Reit TSE:8957 +1.51% 66 Days Payable is 67.30 as of Jan. 2026, which is 43% above its 10-year median of 47.11. GuruFocus rates TSE:8957 with a GF Score™ of 66/100 and a GF Value™ of 円184,712.08 (Fairly Valued). The stock has 5 warning signs investors should review. Among 548 REITs companies, Tokyu Reit ranks worse than 65.69% on this metric.

Tokyu Reit's average Accounts Payable for the six months ended in Jan. 2026 was 円1,402 Mil. Tokyu Reit's Cost of Goods Sold for the six months ended in Jan. 2026 was 円3,802 Mil. Hence, Tokyu Reit's Days Payable for the six months ended in Jan. 2026 was 67.30.

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

TSE:8957' s Days Payable Range Over the Past 10 Years
Min: 37.87   Med: 47.11   Max: 63.8
Current: 63.8

During the past 13 years, Tokyu Reit's highest Days Payable was 63.80. The lowest was 37.87. And the median was 47.11.

TSE:8957's Days Payable is ranked worse than
65.69% of 548 companies
in the REITs industry
Industry Median: 119.45 vs TSE:8957: 63.80

Tokyu Reit's Days Payable increased from Jan. 2025 (48.32) to Jan. 2026 (67.30). It may suggest that Tokyu Reit delayed paying its suppliers.


Tokyu Reit Days Payable Historical Data

* Premium members only.

The historical data trend for Tokyu 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.

Tokyu Reit Days Payable Chart

Tokyu Reit 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 39.35 52.20 56.16 47.59 50.62

Tokyu Reit 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 42.09 38.33 48.32 55.15 67.30

TSE:8957 vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Tokyu 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.


Tokyu Reit Days Payable vs REITs Industry

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

* The bar in red indicates where Tokyu Reit's Days Payable falls into.


TSE:8957
66GF Score
Tokyu Reit Inc TSE:8957
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyu 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.

Tokyu Reit'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
=( (897.412 + 1092.293) / 2 ) / 7173.576*365
=994.8525 / 7173.576*365
=50.62

Tokyu Reit'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
=( (1092.293 + 1711.477) / 2 ) / 3801.5*365 / 2
=1401.885 / 3801.5*365 / 2
=67.30

* 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 67.30 mean?
Tokyu Reit (TSE:8957) has a Days Payable of 67.30 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 Tokyu Reit and its competitors. This is 43% above median its historical median of 47.11. Over the past decade, Tokyu Reit's Days Payable has ranged from 37.87 to 63.80. According to the industry distribution chart, Tokyu Reit ranks #360 out of 548 companies in the REITs industry, placing it in the top 65.7%.
Is Tokyu Reit's Days Payable too high?
Tokyu Reit's current Days Payable of 67.30 is 43% above median its 10-year median of 47.11. Over the past 10 years, this metric has ranged from a low of 37.87 to a high of 63.80. The REITs industry median Days Payable is 119.45. Tokyu Reit's value of 67.30 is 43.7% below this industry median. Based on the distribution chart, Tokyu Reit ranks #360 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, Tokyu Reit has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Reit's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Tokyu Reit ranks #360 out of 548 companies for Days Payable. This places Tokyu Reit in the lower half of its industry. The industry median Days Payable is 119.45. Tokyu Reit's value of 67.30 is 43.7% below this benchmark. Historically, Tokyu Reit's own Days Payable has ranged from 37.87 to 63.80 over the past decade. While the company's 10-year median is 47.11 vs. the industry median of 119.45, Tokyu 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 119.45, 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. Tokyu Reit's current Days Payable of 67.30 is 43.7% 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 Tokyu Reit 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. Tokyu Reit's current Days Payable is 67.30, which is 43% above median its own 10-year median of 47.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Reit stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Reit (TSE:8957) is currently considered Fairly Valued. The stock's GF Value™ is 円184,712.08, compared to a current price of 円187,800.00 — trading 1.7% above its estimated fair value. The current Days Payable is 67.30, which is 43% above median its 10-year median of 47.11 and 43.7% below the REITs industry median of 119.45. Tokyu Reit's overall GF Score™ is 66/100 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 Tokyu Reit (TSE:8957), the current Days Payable is 67.30 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 Tokyu Reit (TSE:8957) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyu Reit stock appears to be overvalued. The current stock price of 円187,800.00 is trading 1.7% above its estimated GF Value™ of 円184,712.08. GuruFocus considers Tokyu Reit to be Fairly Valued.

Key valuation signals for TSE:8957:

  • Days Payable: 67.30 (43% above median its 10-year median of 47.11)
  • GF Value™: 円184,712.08 vs. price of 円187,800.00 (1.7% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 43.7% below the REITs median (#360 of 548)

No single metric tells the full story. See the TSE:8957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyu Reit Business Description

Industry Real EstateREITs
Address 1-12-1, Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards.
66GF Score

Get the complete analysis for TSE:8957

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

円187,800.00
Price
円184,712.08
GF Value