PMREF (Primaris REIT) Accounts Receivable: $22.2 Mil (As of Mar. 2026)


PMREF Primaris REIT PMREF
82 GF Score
Price $15.60
GF Value $13.14
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Primaris REIT Accounts Receivable?

Primaris REIT PMREF 82 Accounts Receivable is $22.2 Mil as of Mar. 2026. GuruFocus rates PMREF with a GF Score™ of 82/100 and a GF Value™ of $13.14 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Primaris REIT's accounts receivables for the quarter that ended in Mar. 2026 was $22.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Primaris REIT's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 15.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Primaris REIT's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-16.73.


Primaris REIT Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Primaris REIT's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=22.171/129.571*91
=15.61

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Primaris REIT's accounts receivable are only considered to be worth 75% of book value:

Primaris REIT's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.249+0.75 * 22.171+0.5 * 0-1999.139
-0-0)/117.765
=-16.73

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Primaris REIT Accounts Receivable Related Terms


Primaris REIT Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Primaris REIT's Accounts Receivable 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.

Primaris REIT Accounts Receivable Chart

Primaris REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.11 13.72 13.51 42.37 28.14

Primaris REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Receivable 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 33.04 40.30 51.33 28.14 22.17
PMREF
82GF Score
Primaris REIT PMREF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Primaris REIT Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $22.2 Mil mean?
Primaris REIT (PMREF) has a Accounts Receivable of $22.2 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Primaris REIT and its competitors.
Is Primaris REIT's Accounts Receivable too high?
Primaris REIT's current Accounts Receivable is $22.2 Mil. Overall, Primaris REIT has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Accounts Receivable compare to SPG and O?
Primaris REIT's Accounts Receivable of $22.2 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a REITs company?
A good Accounts Receivable depends on the REITs industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Primaris REIT and its competitors. Primaris REIT's current Accounts Receivable is $22.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.14, compared to a current price of $15.60 — trading 18.7% above its estimated fair value. The current Accounts Receivable is $22.2 Mil. Primaris REIT's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Accounts Receivable is $22.2 Mil 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 Primaris REIT (PMREF) Overvalued in 2026?

Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued. The current stock price of $15.60 is trading 18.7% above its estimated GF Value™ of $13.14. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for PMREF:

  • Accounts Receivable: $22.2 Mil
  • GF Value™: $13.14 vs. price of $15.60 (18.7% above fair value)
  • GF Score™: 82/100 with 8 warning signs

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


Primaris REIT Business Description

Industry Real EstateREITs
Other Exchanges H0D:GermanyPMZ.UN:Canada
Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
82GF Score

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

$15.60
Price
$13.14
GF Value