Hagag Group Real Estate Development (XTAE:HGG) Days Payable: 3.25 (As of Mar. 2026) — 41% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:HGG Hagag Group Real Estate Development Ltd XTAE:HGG
70 GF Score
Price ₪21.68
GF Value ₪19.20
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Hagag Group Real Estate Development Days Payable?

Hagag Group Real Estate Development XTAE:HGG +1.17% 70 Days Payable is 3.25 as of Mar. 2026, which is 41% below its 10-year median of 5.47. GuruFocus rates XTAE:HGG with a GF Score™ of 70/100 and a GF Value™ of ₪19.20 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,568 Real Estate companies, Hagag Group Real Estate Development ranks worse than 96.62% on this metric.

Hagag Group Real Estate Development's average Accounts Payable for the three months ended in Mar. 2026 was ₪4.4 Mil. Hagag Group Real Estate Development's Cost of Goods Sold for the three months ended in Mar. 2026 was ₪122.7 Mil. Hence, Hagag Group Real Estate Development's Days Payable for the three months ended in Mar. 2026 was 3.25.

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

XTAE:HGG' s Days Payable Range Over the Past 10 Years
Min: 2.5   Med: 5.47   Max: 9.56
Current: 4.6

During the past 13 years, Hagag Group Real Estate Development's highest Days Payable was 9.56. The lowest was 2.50. And the median was 5.47.

XTAE:HGG's Days Payable is ranked worse than
96.62% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs XTAE:HGG: 4.60

Hagag Group Real Estate Development's Days Payable declined from Mar. 2025 (3.93) to Mar. 2026 (3.25). It may suggest that Hagag Group Real Estate Development accelerated paying its suppliers.


Hagag Group Real Estate Development Days Payable Related Terms


Hagag Group Real Estate Development Days Payable Historical Data

* Premium members only.

The historical data trend for Hagag Group Real Estate Development'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.

Hagag Group Real Estate Development Days Payable Chart

Hagag Group Real Estate Development 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 7.15 7.96 3.39 4.04 5.83

Hagag Group Real Estate Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.93 4.50 7.56 5.59 3.25

XTAE:HGG vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Hagag Group Real Estate Development'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.


Hagag Group Real Estate Development Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hagag Group Real Estate Development's Days Payable distribution charts can be found below:

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


XTAE:HGG
70GF Score
Hagag Group Real Estate Development Ltd XTAE:HGG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hagag Group Real Estate Development 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.

Hagag Group Real Estate Development'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
=( (2.64 + 4.679) / 2 ) / 229.272*365
=3.6595 / 229.272*365
=5.83

Hagag Group Real Estate Development's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4.679 + 4.068) / 2 ) / 122.712*365 / 4
=4.3735 / 122.712*365 / 4
=3.25

* 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 3.25 mean?
Hagag Group Real Estate Development (XTAE:HGG) has a Days Payable of 3.25 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hagag Group Real Estate Development and its competitors. This is 41% below median its historical median of 5.47. Over the past decade, Hagag Group Real Estate Development's Days Payable has ranged from 2.50 to 9.56. According to the industry distribution chart, Hagag Group Real Estate Development ranks #1515 out of 1568 companies in the Real Estate industry, placing it in the top 96.6%.
Is Hagag Group Real Estate Development's Days Payable too high?
Hagag Group Real Estate Development's current Days Payable of 3.25 is 41% below median its 10-year median of 5.47. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 9.56. The Real Estate industry median Days Payable is 94.21. Hagag Group Real Estate Development's value of 3.25 is 96.6% below this industry median. Based on the distribution chart, Hagag Group Real Estate Development ranks #1515 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Hagag Group Real Estate Development has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hagag Group Real Estate Development's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hagag Group Real Estate Development ranks #1515 out of 1568 companies for Days Payable. This places Hagag Group Real Estate Development in the lower half of its industry. The industry median Days Payable is 94.21. Hagag Group Real Estate Development's value of 3.25 is 96.6% below this benchmark. Historically, Hagag Group Real Estate Development's own Days Payable has ranged from 2.50 to 9.56 over the past decade. While the company's 10-year median is 5.47 vs. the industry median of 94.21, Hagag Group Real Estate Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Hagag Group Real Estate Development's current Days Payable of 3.25 is 96.6% 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 Hagag Group Real Estate Development and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hagag Group Real Estate Development's current Days Payable is 3.25, which is 41% below median its own 10-year median of 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagag Group Real Estate Development stock overvalued right now?
Based on GuruFocus' analysis, Hagag Group Real Estate Development (XTAE:HGG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪19.20, compared to a current price of ₪21.68 — trading 12.9% above its estimated fair value. The current Days Payable is 3.25, which is 41% below median its 10-year median of 5.47 and 96.6% below the Real Estate industry median of 94.21. Hagag Group Real Estate Development's overall GF Score™ is 70/100 with 9 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 Hagag Group Real Estate Development (XTAE:HGG), the current Days Payable is 3.25 as of Mar. 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 Hagag Group Real Estate Development (XTAE:HGG) Overvalued in 2026?

Based on GuruFocus' analysis, Hagag Group Real Estate Development stock appears to be overvalued. The current stock price of ₪21.68 is trading 12.9% above its estimated GF Value™ of ₪19.20. GuruFocus considers Hagag Group Real Estate Development to be Modestly Overvalued.

Key valuation signals for XTAE:HGG:

  • Days Payable: 3.25 (41% below median its 10-year median of 5.47)
  • GF Value™: ₪19.20 vs. price of ₪21.68 (12.9% above fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 96.6% below the Real Estate median (#1515 of 1568)

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


Hagag Group Real Estate Development Business Description

Address 30 Ha\'arba\'a Street, Ha\'arba\'a Towers (Southern Tower), Tel Aviv, ISR, 67021
Hagag Group Real Estate Development Ltd. is engaged in the development, management and marketing of residential and commercial real estates. The company's projects include North Star - Meir Yaari 11, Master Piece - Netanya, Port TLV, H - Shadal, H-Tower Recital, Ha'gush Ha'gadol Einstein BLVD and H Bar Kohva Tower.
70GF Score

Get the complete analysis for XTAE:HGG

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

₪21.68
Price
₪19.20
GF Value