FairPlay Properties REIT (XBUL:FPP) Days Payable: 650.31 (As of Jun. 2026) — 33% Below Median

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XBUL:FPP FairPlay Properties REIT XBUL:FPP
52 GF Score
Price €0.51
GF Value €0.88
Valuation Possible Value Trap
! 4 Warning Signs
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What is FairPlay Properties REIT Days Payable?

FairPlay Properties REIT XBUL:FPP 52 Days Payable is 650.31 as of Jun. 2026, which is 33% below its 10-year median of 969.48. GuruFocus rates XBUL:FPP with a GF Score™ of 52/100 and a GF Value™ of €0.88 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 537 REITs companies, FairPlay Properties REIT ranks better than 96.46% on this metric.

FairPlay Properties REIT's average Accounts Payable for the three months ended in Jun. 2026 was €1.07 Mil. FairPlay Properties REIT's Cost of Goods Sold for the three months ended in Jun. 2026 was €0.15 Mil. Hence, FairPlay Properties REIT's Days Payable for the three months ended in Jun. 2026 was 650.31.

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

XBUL:FPP' s Days Payable Range Over the Past 10 Years
Min: 222.5   Med: 969.48   Max: 6981.52
Current: 2186.56

During the past 10 years, FairPlay Properties REIT's highest Days Payable was 6981.52. The lowest was 222.50. And the median was 969.48.

XBUL:FPP's Days Payable is ranked better than
96.46% of 537 companies
in the REITs industry
Industry Median: 112.89 vs XBUL:FPP: 2186.56

FairPlay Properties REIT's Days Payable declined from Jun. 2025 (9,104.72) to Jun. 2026 (650.31). It may suggest that FairPlay Properties REIT accelerated paying its suppliers.


FairPlay Properties REIT Days Payable Historical Data

* Premium members only.

The historical data trend for FairPlay Properties 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.

FairPlay Properties REIT Days Payable Chart

FairPlay Properties REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,974.08 541.76 1,397.20 6,066.14 6,981.52

FairPlay Properties REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9,104.72 11,468.98 7,429.27 0.00 650.31

XBUL:FPP vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, FairPlay Properties 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.


FairPlay Properties REIT Days Payable vs REITs Industry

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

* The bar in red indicates where FairPlay Properties REIT's Days Payable falls into.


XBUL:FPP
52GF Score
FairPlay Properties REIT XBUL:FPP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FairPlay Properties 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.

FairPlay Properties REIT'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
=( (1.008 + 0.943) / 2 ) / 0.051000000000002*365
=0.9755 / 0.051000000000002*365
=6,981.52

FairPlay Properties REIT's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1.304 + 0.834) / 2 ) / 0.15*365 / 4
=1.069 / 0.15*365 / 4
=650.31

* 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 650.31 mean?
FairPlay Properties REIT (XBUL:FPP) has a Days Payable of 650.31 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FairPlay Properties REIT and its competitors. This is 33% below median its historical median of 969.48. Over the past decade, FairPlay Properties REIT's Days Payable has ranged from 222.50 to 6,981.52. According to the industry distribution chart, FairPlay Properties REIT ranks #19 out of 537 companies in the REITs industry, placing it in the top 3.5%.
Is FairPlay Properties REIT's Days Payable too high?
FairPlay Properties REIT's current Days Payable of 650.31 is 33% below median its 10-year median of 969.48. Over the past 10 years, this metric has ranged from a low of 222.50 to a high of 6,981.52. The REITs industry median Days Payable is 112.89. FairPlay Properties REIT's value of 650.31 is 476.1% above this industry median. Based on the distribution chart, FairPlay Properties REIT ranks #19 out of 537 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, FairPlay Properties REIT has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FairPlay Properties REIT's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, FairPlay Properties REIT ranks #19 out of 537 companies for Days Payable. This places FairPlay Properties REIT in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 112.89. FairPlay Properties REIT's value of 650.31 is 476.1% above this benchmark. Historically, FairPlay Properties REIT's own Days Payable has ranged from 222.50 to 6,981.52 over the past decade. While the company's 10-year median is 969.48 vs. the industry median of 112.89, FairPlay Properties REIT has consistently been above 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 112.89, based on 537 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. FairPlay Properties REIT's current Days Payable of 650.31 is 476.1% above 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 FairPlay Properties REIT and its competitors. For the REITs industry, the median Days Payable is 112.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FairPlay Properties REIT's current Days Payable is 650.31, which is 33% below median its own 10-year median of 969.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FairPlay Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, FairPlay Properties REIT (XBUL:FPP) is currently considered Possible Value Trap. The stock's GF Value™ is €0.88, compared to a current price of €0.51 — trading 42% below its estimated fair value. The current Days Payable is 650.31, which is 33% below median its 10-year median of 969.48 and 476.1% above the REITs industry median of 112.89. FairPlay Properties REIT's overall GF Score™ is 52/100 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 FairPlay Properties REIT (XBUL:FPP), the current Days Payable is 650.31 as of Jun. 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 FairPlay Properties REIT (XBUL:FPP) Overvalued in 2026?

Based on GuruFocus' analysis, FairPlay Properties REIT stock appears to be undervalued. The current stock price of €0.51 is trading 42% below its estimated GF Value™ of €0.88. GuruFocus considers FairPlay Properties REIT to be Possible Value Trap.

Key valuation signals for XBUL:FPP:

  • Days Payable: 650.31 (33% below median its 10-year median of 969.48)
  • GF Value™: €0.88 vs. price of €0.51 (42% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 476.1% above the REITs median (#19 of 537)

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


FairPlay Properties REIT Business Description

Industry Real EstateREITs
Address 51B Cherni Vruh Boulevard, Sofia, BGR, 1407
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.
52GF Score

Get the complete analysis for XBUL:FPP

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

€0.51
Price
€0.88
GF Value