Japan Logistics Fund (TSE:8967) Days Payable: 67.49 (As of Jan. 2026) — 105% Above Median


TSE:8967 Japan Logistics Fund Inc TSE:8967
61 GF Score
Price 円96,400.00
GF Value 円100,839.57
Valuation Fairly Valued
! 3 Warning Signs
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What is Japan Logistics Fund Days Payable?

Japan Logistics Fund TSE:8967 +1.90% 61 Days Payable is 67.49 as of Jan. 2026, which is 105% above its 10-year median of 32.93. GuruFocus rates TSE:8967 with a GF Score™ of 61/100 and a GF Value™ of 円100,839.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 548 REITs companies, Japan Logistics Fund ranks worse than 65.33% on this metric.

Japan Logistics Fund's average Accounts Payable for the six months ended in Jan. 2026 was 円1,387 Mil. Japan Logistics Fund's Cost of Goods Sold for the six months ended in Jan. 2026 was 円3,750 Mil. Hence, Japan Logistics Fund's Days Payable for the six months ended in Jan. 2026 was 67.49.

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

TSE:8967' s Days Payable Range Over the Past 10 Years
Min: 16.67   Med: 32.93   Max: 64.23
Current: 64.23

During the past 13 years, Japan Logistics Fund's highest Days Payable was 64.23. The lowest was 16.67. And the median was 32.93.

TSE:8967's Days Payable is ranked worse than
65.33% of 548 companies
in the REITs industry
Industry Median: 119.45 vs TSE:8967: 64.23

Japan Logistics Fund's Days Payable increased from Jan. 2025 (53.16) to Jan. 2026 (67.49). It may suggest that Japan Logistics Fund delayed paying its suppliers.


Japan Logistics Fund Days Payable Historical Data

* Premium members only.

The historical data trend for Japan Logistics Fund'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.

Japan Logistics Fund Days Payable Chart

Japan Logistics Fund 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 37.55 33.58 34.38 41.79 52.33

Japan Logistics Fund 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 39.27 43.34 53.16 58.00 67.49

TSE:8967 vs PLD, PSA, EXR: Days Payable Comparison

For the REIT - Industrial subindustry, Japan Logistics Fund'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.


Japan Logistics Fund Days Payable vs REITs Industry

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

* The bar in red indicates where Japan Logistics Fund's Days Payable falls into.


TSE:8967
61GF Score
Japan Logistics Fund Inc TSE:8967
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Logistics Fund 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.

Japan Logistics Fund'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
=( (972.266 + 1205.766) / 2 ) / 7595.424*365
=1089.016 / 7595.424*365
=52.33

Japan Logistics Fund'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
=( (1205.766 + 1567.71) / 2 ) / 3749.86*365 / 2
=1386.738 / 3749.86*365 / 2
=67.49

* 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 67.49 mean?
Japan Logistics Fund (TSE:8967) has a Days Payable of 67.49 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 Japan Logistics Fund and its competitors. This is 105% above median its historical median of 32.93. Over the past decade, Japan Logistics Fund's Days Payable has ranged from 16.67 to 64.23. According to the industry distribution chart, Japan Logistics Fund ranks #358 out of 548 companies in the REITs industry, placing it in the top 65.3%.
Is Japan Logistics Fund's Days Payable too high?
Japan Logistics Fund's current Days Payable of 67.49 is 105% above median its 10-year median of 32.93. Over the past 10 years, this metric has ranged from a low of 16.67 to a high of 64.23. The REITs industry median Days Payable is 119.45. Japan Logistics Fund's value of 67.49 is 43.5% below this industry median. Based on the distribution chart, Japan Logistics Fund ranks #358 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, Japan Logistics Fund has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Logistics Fund's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, Japan Logistics Fund ranks #358 out of 548 companies for Days Payable. This places Japan Logistics Fund in the lower half of its industry. The industry median Days Payable is 119.45. Japan Logistics Fund's value of 67.49 is 43.5% below this benchmark. Historically, Japan Logistics Fund's own Days Payable has ranged from 16.67 to 64.23 over the past decade. While the company's 10-year median is 32.93 vs. the industry median of 119.45, Japan Logistics Fund 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. Japan Logistics Fund's current Days Payable of 67.49 is 43.5% 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 Japan Logistics Fund 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. Japan Logistics Fund's current Days Payable is 67.49, which is 105% above median its own 10-year median of 32.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Logistics Fund stock overvalued right now?
Based on GuruFocus' analysis, Japan Logistics Fund (TSE:8967) is currently considered Fairly Valued. The stock's GF Value™ is 円100,839.57, compared to a current price of 円96,400.00 — trading 4.4% below its estimated fair value. The current Days Payable is 67.49, which is 105% above median its 10-year median of 32.93 and 43.5% below the REITs industry median of 119.45. Japan Logistics Fund's overall GF Score™ is 61/100 with 3 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 Japan Logistics Fund (TSE:8967), the current Days Payable is 67.49 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 Japan Logistics Fund (TSE:8967) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Logistics Fund stock appears to be undervalued. The current stock price of 円96,400.00 is trading 4.4% below its estimated GF Value™ of 円100,839.57. GuruFocus considers Japan Logistics Fund to be Fairly Valued.

Key valuation signals for TSE:8967:

  • Days Payable: 67.49 (105% above median its 10-year median of 32.93)
  • GF Value™: 円100,839.57 vs. price of 円96,400.00 (4.4% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 43.5% below the REITs median (#358 of 548)

No single metric tells the full story. See the TSE:8967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Logistics Fund Business Description

Industry Real EstateREITs
Address 3-2-1, Nishikanda, Chiyoda-ku, Tokyo, JPN, 101-0065
Japan Logistics Fund Inc is a Real Estate Investment Trust dedicated to investing in logistics properties. Its investment targets shall be real estate used for logistics facilities. The real estate used for data centers and other telecommunication facilities and real estate that is not being used for logistics facilities at the time of acquisition but may be constructed, converted or redeveloped to be used for logistics facilities.
61GF Score

Get the complete analysis for TSE:8967

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

円96,400.00
Price
円100,839.57
GF Value