PMREF (Primaris REIT) Change In Receivables: $3.4 Mil (TTM As of Mar. 2026)

What is Primaris REIT Change In Receivables?

Primaris REIT PMREF 83 Change In Receivables is $3.4 Mil as of Mar. 2026. GuruFocus rates PMREF with a GF Score™ of 83/100 and a GF Value™ of $12.48 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Primaris REIT's change in receivables for the quarter that ended in Mar. 2026 was $2.1 Mil. It means Primaris REIT's Accounts Receivable declined by $2.1 Mil from Dec. 2025 to Mar. 2026 .

Primaris REIT's change in receivables for the fiscal year that ended in Dec. 2025 was $-1.1 Mil. It means Primaris REIT's Accounts Receivable increased by $1.1 Mil from Dec. 2024 to Dec. 2025 .

Primaris REIT's Accounts Receivable for the quarter that ended in Mar. 2026 was $22.2 Mil.

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 Receivable are being managed. Primaris REIT's Days Sales Outstanding for the three months ended in Mar. 2026 was 15.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Primaris REIT's liquidation value for the three months ended in Mar. 2026 was $-1,970.3 Mil.

Primaris REIT (OTCPK:PMREF) Change In Receivables 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 Receivable 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 liquidation value, Primaris REIT's accounts receivable are only considered to be worth 75% of book value:

Primaris REIT's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.249	-	1999.139	+	0.75 * 22.171	+	0.5 * 0
=	-1,970.3

* 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 Change In Receivables Related Terms

Primaris REIT Change In Receivables Historical Data

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The historical data trend for Primaris REIT's Change In Receivables can be seen below:

Primaris REIT Change In Receivables Chart

Primaris REIT Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Change In Receivables

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0.00

-2.40

1.83

-2.42

-1.14

Primaris REIT Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Change In Receivables	Get a 7-Day Free Trial															-2.37	-0.74	4.16	-2.11	2.11

83GF Score

Primaris REIT PMREF

Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.

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Primaris REIT Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.4 Mil.

Frequently Asked Questions Learn more about Change In Receivables →

What does a Change In Receivables of $3.4 Mil mean?

Primaris REIT (PMREF) has a Change In Receivables of $3.4 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Primaris REIT and its competitors.

Is Primaris REIT's Change In Receivables too high?

Primaris REIT's current Change In Receivables is $3.4 Mil. Overall, Primaris REIT has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Primaris REIT's Change In Receivables compare to SPG and O?

Primaris REIT's Change In Receivables of $3.4 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 Change In Receivables for a REITs company?

A good Change In Receivables depends on the REITs industry context. However, Change In Receivables 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 Change In Receivables mean?

A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Primaris REIT and its competitors. Primaris REIT's current Change In Receivables is $3.4 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 $12.48, compared to a current price of $14.75 — trading 18.2% above its estimated fair value. The current Change In Receivables is $3.4 Mil. Primaris REIT's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Change In Receivables calculated?

Change In Receivables is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Change In Receivables is $3.4 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 $14.75 is trading 18.2% above its estimated GF Value™ of $12.48. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for PMREF:

Change In Receivables: $3.4 Mil
GF Value™: $12.48 vs. price of $14.75 (18.2% above fair value)
GF Score™: 83/100 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 Estate REITs

Comparable Companies TSX:SGR.UN TSX:CRT.UN TSX:PLZ.UN TSX:FCD.UN TSX:FCR.UN TSX:SRU.UN TSX:REI.UN TSX:CHP.UN SPG O KIM XPAR:URW REG SGX:C38U ASX:SCG XPAR:LI HKSE:00823 FRT BRX ADC

Other Exchanges H0D:Germany PMZ.UN:Canada

Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website https://www.primarisreit.com

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.

83GF Score

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$14.75

Price

$12.48

GF Value

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