Patrimoine et Commerce (XPAR:PAT) Days Payable: 163.00 (As of Dec. 2025) — 35% Above Median


XPAR:PAT Patrimoine et Commerce XPAR:PAT
77 GF Score
Price €25.90
GF Value €20.59
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Patrimoine et Commerce Days Payable?

Patrimoine et Commerce XPAR:PAT -1.52% 77 Days Payable is 163.00 as of Dec. 2025, which is 35% above its 10-year median of 120.42. GuruFocus rates XPAR:PAT with a GF Score™ of 77/100 and a GF Value™ of €20.59 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 547 REITs companies, Patrimoine et Commerce ranks worse than 54.84% on this metric.

Patrimoine et Commerce's average Accounts Payable for the six months ended in Dec. 2025 was €5.57 Mil. Patrimoine et Commerce's Cost of Goods Sold for the six months ended in Dec. 2025 was €6.24 Mil. Hence, Patrimoine et Commerce's Days Payable for the six months ended in Dec. 2025 was 163.00.

The historical rank and industry rank for Patrimoine et Commerce's Days Payable or its related term are showing as below:

XPAR:PAT' s Days Payable Range Over the Past 10 Years
Min: 83.64   Med: 120.42   Max: 401.49
Current: 103.09

During the past 13 years, Patrimoine et Commerce's highest Days Payable was 401.49. The lowest was 83.64. And the median was 120.42.

XPAR:PAT's Days Payable is ranked worse than
54.84% of 547 companies
in the REITs industry
Industry Median: 119.42 vs XPAR:PAT: 103.09

Patrimoine et Commerce's Days Payable increased from Dec. 2024 (140.74) to Dec. 2025 (163.00). It may suggest that Patrimoine et Commerce delayed paying its suppliers.


Patrimoine et Commerce Days Payable Historical Data

* Premium members only.

The historical data trend for Patrimoine et Commerce'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.

Patrimoine et Commerce Days Payable Chart

Patrimoine et Commerce 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 143.00 121.08 109.73 83.64 96.38

Patrimoine et Commerce Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 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 294.37 81.31 140.74 78.67 163.00

XPAR:PAT vs SPG, O, KIM: Days Payable Comparison

For the REIT - Retail subindustry, Patrimoine et Commerce'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.


Patrimoine et Commerce Days Payable vs REITs Industry

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

* The bar in red indicates where Patrimoine et Commerce's Days Payable falls into.


XPAR:PAT
77GF Score
Patrimoine et Commerce XPAR:PAT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Patrimoine et Commerce 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.

Patrimoine et Commerce'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
=( (4.904 + 5.1) / 2 ) / 18.944*365
=5.002 / 18.944*365
=96.38

Patrimoine et Commerce'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
=( (6.048 + 5.1) / 2 ) / 6.241*365 / 2
=5.574 / 6.241*365 / 2
=163.00

* 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 163.00 mean?
Patrimoine et Commerce (XPAR:PAT) has a Days Payable of 163.00 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 Patrimoine et Commerce and its competitors. This is 35% above median its historical median of 120.42. Over the past decade, Patrimoine et Commerce's Days Payable has ranged from 83.64 to 401.49. According to the industry distribution chart, Patrimoine et Commerce ranks #300 out of 547 companies in the REITs industry, placing it in the top 54.8%.
Is Patrimoine et Commerce's Days Payable too high?
Patrimoine et Commerce's current Days Payable of 163.00 is 35% above median its 10-year median of 120.42. Over the past 10 years, this metric has ranged from a low of 83.64 to a high of 401.49. The REITs industry median Days Payable is 119.42. Patrimoine et Commerce's value of 163.00 is 36.5% above this industry median. Based on the distribution chart, Patrimoine et Commerce ranks #300 out of 547 companies in the REITs industry, which is below the industry midpoint. Overall, Patrimoine et Commerce has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patrimoine et Commerce's Days Payable compare to SPG and O?
According to the REITs industry distribution chart, Patrimoine et Commerce ranks #300 out of 547 companies for Days Payable. This places Patrimoine et Commerce in the lower half of its industry. The industry median Days Payable is 119.42. Patrimoine et Commerce's value of 163.00 is 36.5% above this benchmark. Historically, Patrimoine et Commerce's own Days Payable has ranged from 83.64 to 401.49 over the past decade. While the company's 10-year median is 120.42 vs. the industry median of 119.42, Patrimoine et Commerce 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 119.42, based on 547 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. Patrimoine et Commerce's current Days Payable of 163.00 is 36.5% 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 Patrimoine et Commerce and its competitors. For the REITs industry, the median Days Payable is 119.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrimoine et Commerce's current Days Payable is 163.00, which is 35% above median its own 10-year median of 120.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrimoine et Commerce stock overvalued right now?
Based on GuruFocus' analysis, Patrimoine et Commerce (XPAR:PAT) is currently considered Modestly Overvalued. The stock's GF Value™ is €20.59, compared to a current price of €25.90 — trading 25.8% above its estimated fair value. The current Days Payable is 163.00, which is 35% above median its 10-year median of 120.42 and 36.5% above the REITs industry median of 119.42. Patrimoine et Commerce's overall GF Score™ is 77/100 with 8 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 Patrimoine et Commerce (XPAR:PAT), the current Days Payable is 163.00 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 Patrimoine et Commerce (XPAR:PAT) Overvalued in 2026?

Based on GuruFocus' analysis, Patrimoine et Commerce stock appears to be overvalued. The current stock price of €25.90 is trading 25.8% above its estimated GF Value™ of €20.59. GuruFocus considers Patrimoine et Commerce to be Modestly Overvalued.

Key valuation signals for XPAR:PAT:

  • Days Payable: 163.00 (35% above median its 10-year median of 120.42)
  • GF Value™: €20.59 vs. price of €25.90 (25.8% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 36.5% above the REITs median (#300 of 547)

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


Patrimoine et Commerce Business Description

Industry Real EstateREITs
Other Exchanges 6DN:Germany
Address 7/9 rue Nationale, Boulogne-Billacourt, FRA, 92100
Patrimoine et Commerce is a real estate company engaged in the acquisition, development, and operation of commercial real estate properties in France. It operates a portfolio of real estate assets located in high-attraction areas in the suburbs or centers of medium-sized cities. The company's property portfolio includes shopping malls, supermarkets, shops, and business parks.
77GF Score

Get the complete analysis for XPAR:PAT

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

€25.90
Price
€20.59
GF Value