Real Estate Split (TSX:RS) Days Payable: 23.94 (As of Dec. 2025) — 43% Below Median


TSX:RS Real Estate Split Corp TSX:RS
82 GF Score
Price C$10.35
GF Value C$11.24
Valuation Fairly Valued
! 7 Warning Signs
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What is Real Estate Split Days Payable?

Real Estate Split TSX:RS -0.48% 82 Days Payable is 23.94 as of Dec. 2025, which is 43% below its 10-year median of 41.89. GuruFocus rates TSX:RS with a GF Score™ of 82/100 and a GF Value™ of C$11.24 (Fairly Valued). The stock has 7 warning signs investors should review. Among 480 Asset Management companies, Real Estate Split ranks worse than 76.88% on this metric.

Real Estate Split's average Accounts Payable for the six months ended in Dec. 2025 was C$0.16 Mil. Real Estate Split's Cost of Goods Sold for the six months ended in Dec. 2025 was C$1.24 Mil. Hence, Real Estate Split's Days Payable for the six months ended in Dec. 2025 was 23.94.

The historical rank and industry rank for Real Estate Split's Days Payable or its related term are showing as below:

TSX:RS' s Days Payable Range Over the Past 10 Years
Min: 28.89   Med: 41.89   Max: 1493.69
Current: 28.89

During the past 6 years, Real Estate Split's highest Days Payable was 1493.69. The lowest was 28.89. And the median was 41.89.

TSX:RS's Days Payable is ranked worse than
76.88% of 480 companies
in the Asset Management industry
Industry Median: 70.635 vs TSX:RS: 28.89

Real Estate Split's Days Payable declined from Dec. 2024 (36.60) to Dec. 2025 (23.94). It may suggest that Real Estate Split accelerated paying its suppliers.


Real Estate Split Days Payable Historical Data

* Premium members only.

The historical data trend for Real Estate Split'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.

Real Estate Split Days Payable Chart

Real Estate Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 93.60 40.96 37.34 42.81 29.94

Real Estate Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 39.75 31.45 36.60 32.92 23.94

TSX:RS vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Real Estate Split'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.


Real Estate Split Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Split's Days Payable distribution charts can be found below:

* The bar in red indicates where Real Estate Split's Days Payable falls into.


TSX:RS
82GF Score
Real Estate Split Corp TSX:RS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Real Estate Split 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.

Real Estate Split's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.255 + 0.145) / 2 ) / 2.438*365
=0.2 / 2.438*365
=29.94

Real Estate Split's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.179 + 0.145) / 2 ) / 1.235*365 / 2
=0.162 / 1.235*365 / 2
=23.94

* 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 23.94 mean?
Real Estate Split (TSX:RS) has a Days Payable of 23.94 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Real Estate Split and its competitors. This is 43% below median its historical median of 41.89. Over the past decade, Real Estate Split's Days Payable has ranged from 28.89 to 1,493.69. According to the industry distribution chart, Real Estate Split ranks #369 out of 480 companies in the Asset Management industry, placing it in the top 76.9%.
Is Real Estate Split's Days Payable too high?
Real Estate Split's current Days Payable of 23.94 is 43% below median its 10-year median of 41.89. Over the past 10 years, this metric has ranged from a low of 28.89 to a high of 1,493.69. The Asset Management industry median Days Payable is 70.64. Real Estate Split's value of 23.94 is 66.1% below this industry median. Based on the distribution chart, Real Estate Split ranks #369 out of 480 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Real Estate Split has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Real Estate Split's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Real Estate Split ranks #369 out of 480 companies for Days Payable. This places Real Estate Split in the lower half of its industry. The industry median Days Payable is 70.64. Real Estate Split's value of 23.94 is 66.1% below this benchmark. Historically, Real Estate Split's own Days Payable has ranged from 28.89 to 1,493.69 over the past decade. While the company's 10-year median is 41.89 vs. the industry median of 70.64, Real Estate Split 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.64, based on 480 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. Real Estate Split's current Days Payable of 23.94 is 66.1% 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 Real Estate Split and its competitors. For the Asset Management industry, the median Days Payable is 70.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Estate Split's current Days Payable is 23.94, which is 43% below median its own 10-year median of 41.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Estate Split stock overvalued right now?
Based on GuruFocus' analysis, Real Estate Split (TSX:RS) is currently considered Fairly Valued. The stock's GF Value™ is C$11.24, compared to a current price of C$10.35 — trading 7.9% below its estimated fair value. The current Days Payable is 23.94, which is 43% below median its 10-year median of 41.89 and 66.1% below the Asset Management industry median of 70.64. Real Estate Split's overall GF Score™ is 82/100 with 7 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 Real Estate Split (TSX:RS), the current Days Payable is 23.94 as of Dec. 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 Real Estate Split (TSX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Real Estate Split stock appears to be undervalued. The current stock price of C$10.35 is trading 7.9% below its estimated GF Value™ of C$11.24. GuruFocus considers Real Estate Split to be Fairly Valued.

Key valuation signals for TSX:RS:

  • Days Payable: 23.94 (43% below median its 10-year median of 41.89)
  • GF Value™: C$11.24 vs. price of C$10.35 (7.9% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 66.1% below the Asset Management median (#369 of 480)

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


Real Estate Split Business Description

Other Exchanges RS.PR.A.PFD:Canada
Address 8 Spadina Avenue, The Well, Suite 3100, Toronto, ON, CAN, M5V 0S8
Real Estate Split Corp is a mutual fund corporation. Its objective are non-cumulative monthly cash distributions; and the opportunity for capital appreciation through exposure to the portfolio. It provide holders with fixed cumulative preferential quarterly cash distributions; and return the original issue price of $10.00 to holders upon maturity. Its investment solutions are Real Estate, Healthcare, Innovation, Infrastructure, Energy, Income Plus, Global Dividends, Fixed Income.
82GF Score

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

C$10.35
Price
C$11.24
GF Value