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* 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.
TSE:8979 vs AVB, EQR, ESS: Days Payable Comparison
For the REIT - Residential subindustry, Starts Proceed 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.
Starts Proceed Investment Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Starts Proceed Investment's Days Payable distribution charts can be found below:
* The bar in red indicates where Starts Proceed Investment's Days Payable falls into.
Starts Proceed 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.
Starts Proceed Investment's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as
* 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.
Starts Proceed Investment (TSE:8979) has a Days Payable of 21.95 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Starts Proceed Investment and its competitors. This is 14% below median its historical median of 25.39. Over the past decade, Starts Proceed Investment's Days Payable has ranged from 21.51 to 48.24. According to the industry distribution chart, Starts Proceed Investment ranks #478 out of 548 companies in the REITs industry, placing it in the top 87.2%.
Is Starts Proceed Investment's Days Payable too high?
Starts Proceed Investment's current Days Payable of 21.95 is 14% below median its 10-year median of 25.39. Over the past 10 years, this metric has ranged from a low of 21.51 to a high of 48.24. The REITs industry median Days Payable is 119.44. Starts Proceed Investment's value of 21.95 is 81.6% below this industry median. Based on the distribution chart, Starts Proceed Investment ranks #478 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Starts Proceed Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starts Proceed Investment's Days Payable compare to AVB and EQR?
According to the REITs industry distribution chart, Starts Proceed Investment ranks #478 out of 548 companies for Days Payable. This places Starts Proceed Investment in the lower half of its industry. The industry median Days Payable is 119.44. Starts Proceed Investment's value of 21.95 is 81.6% below this benchmark. Historically, Starts Proceed Investment's own Days Payable has ranged from 21.51 to 48.24 over the past decade. While the company's 10-year median is 25.39 vs. the industry median of 119.44, Starts Proceed 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 119.44, 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. Starts Proceed Investment's current Days Payable of 21.95 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 Starts Proceed Investment and its competitors. For the REITs industry, the median Days Payable is 119.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Proceed Investment's current Days Payable is 21.95, which is 14% below median its own 10-year median of 25.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Modestly Undervalued. The stock's GF Value™ is 円211,918.35, compared to a current price of 円187,100.00 — trading 11.7% below its estimated fair value. The current Days Payable is 21.95, which is 14% below median its 10-year median of 25.39 and 81.6% below the REITs industry median of 119.44. Starts Proceed Investment's overall GF Score™ is 64/100 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 Starts Proceed Investment (TSE:8979), the current Days Payable is 21.95 as of Oct. 2025. 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 Starts Proceed Investment (TSE:8979) Overvalued in 2026?
Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be undervalued.
The current stock price of 円187,100.00 is trading 11.7% below its estimated GF Value™ of 円211,918.35.
GuruFocus considers Starts Proceed Investment to be Modestly Undervalued.
Key valuation signals for TSE:8979:
Days Payable: 21.95 (14% below median its 10-year median of 25.39)
GF Value™: 円211,918.35 vs. price of 円187,100.00 (11.7% below fair value)
Industry Position: 81.6% below the REITs median (#478 of 548)
No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.
64GF Score
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