FPI (Farmland Partners) Days Inventory: 155.18 (As of Mar. 2026) — 169% Above Median


FPI Farmland Partners Inc FPI
71 GF Score
Price $9.91
GF Value $10.91
Valuation Fairly Valued
! 5 Warning Signs
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What is Farmland Partners Days Inventory?

Farmland Partners FPI +3.23% 71 Days Inventory is 155.18 as of Mar. 2026, which is 169% above its 10-year median of 57.65. GuruFocus rates FPI with a GF Score™ of 71/100 and a GF Value™ of $10.91 (Fairly Valued). The stock has 5 warning signs investors should review. Among 167 REITs companies, Farmland Partners ranks better than 55.69% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Farmland Partners's Average Total Inventories for the three months ended in Mar. 2026 was $2.55 Mil. Farmland Partners's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.50 Mil. Hence, Farmland Partners's Days Inventory for the three months ended in Mar. 2026 was 155.18.

The historical rank and industry rank for Farmland Partners's Days Inventory or its related term are showing as below:

FPI' s Days Inventory Range Over the Past 10 Years
Min: 10.71   Med: 57.65   Max: 96.99
Current: 96.99

During the past 13 years, Farmland Partners's highest Days Inventory was 96.99. The lowest was 10.71. And the median was 57.65.

FPI's Days Inventory is ranked better than
55.69% of 167 companies
in the REITs industry
Industry Median: 164.38 vs FPI: 96.99

Farmland Partners's Days Inventory increased from Mar. 2025 (117.68) to Mar. 2026 (155.18). It might indicate that Farmland Partners's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Farmland Partners's Inventory Turnover for the three months ended in Mar. 2026 was 0.59.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Farmland Partners's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.25.


Farmland Partners  (NYSE:FPI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Farmland Partners's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Farmland Partners's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Farmland Partners Days Inventory Related Terms


Farmland Partners Days Inventory Historical Data

* Premium members only.

The historical data trend for Farmland Partners's Days Inventory 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.

Farmland Partners Days Inventory Chart

Farmland Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.06 75.64 69.97 80.62 88.47

Farmland Partners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory 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 117.68 81.17 67.52 115.10 155.18

FPI vs LAND, NLCP, SELF: Days Inventory Comparison

For the REIT - Specialty subindustry, Farmland Partners's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Farmland Partners Days Inventory vs REITs Industry

For the REITs industry and Real Estate sector, Farmland Partners's Days Inventory distribution charts can be found below:

* The bar in red indicates where Farmland Partners's Days Inventory falls into.


FPI
71GF Score
Farmland Partners Inc FPI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Farmland Partners Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Farmland Partners's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (2.659 + 2.316) / 2 ) / 10.263*365
=2.4875 / 10.263*365
=88.47

Farmland Partners's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2.316 + 2.779) / 2 ) / 1.498*365 / 4
=2.5475 / 1.498*365 / 4
=155.18

* 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 Inventory →
What does a Days Inventory of 155.18 mean?
Farmland Partners (FPI) has a Days Inventory of 155.18 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Farmland Partners and its competitors. This is 169% above median its historical median of 57.65. Over the past decade, Farmland Partners' Days Inventory has ranged from 10.71 to 96.99. According to the industry distribution chart, Farmland Partners ranks #74 out of 167 companies in the REITs industry, placing it in the top 44.3%.
Is Farmland Partners' Days Inventory too high?
Farmland Partners' current Days Inventory of 155.18 is 169% above median its 10-year median of 57.65. Over the past 10 years, this metric has ranged from a low of 10.71 to a high of 96.99. The REITs industry median Days Inventory is 164.38. Farmland Partners' value of 155.18 is 5.6% below this industry median. Based on the distribution chart, Farmland Partners ranks #74 out of 167 companies in the REITs industry, which is above the industry midpoint. Overall, Farmland Partners has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' Days Inventory compare to LAND and NLCP?
According to the REITs industry distribution chart, Farmland Partners ranks #74 out of 167 companies for Days Inventory. This puts Farmland Partners in the upper half of its industry. The industry median Days Inventory is 164.38. Farmland Partners' value of 155.18 is 5.6% below this benchmark. Historically, Farmland Partners' own Days Inventory has ranged from 10.71 to 96.99 over the past decade. While the company's 10-year median is 57.65 vs. the industry median of 164.38, Farmland Partners 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 Inventory for a REITs company?
The median Days Inventory among REITs companies is 164.38, based on 167 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmland Partners's current Days Inventory of 155.18 is 5.6% 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 Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Farmland Partners and its competitors. For the REITs industry, the median Days Inventory is 164.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmland Partners's current Days Inventory is 155.18, which is 169% above median its own 10-year median of 57.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (FPI) is currently considered Fairly Valued. The stock's GF Value™ is $10.91, compared to a current price of $9.91 — trading 9.2% below its estimated fair value. The current Days Inventory is 155.18, which is 169% above median its 10-year median of 57.65 and 5.6% below the REITs industry median of 164.38. Farmland Partners' overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Farmland Partners (FPI), the current Days Inventory is 155.18 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 Farmland Partners (FPI) Overvalued in 2026?

Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued. The current stock price of $9.91 is trading 9.2% below its estimated GF Value™ of $10.91. GuruFocus considers Farmland Partners to be Fairly Valued.

Key valuation signals for FPI:

  • Days Inventory: 155.18 (169% above median its 10-year median of 57.65)
  • GF Value™: $10.91 vs. price of $9.91 (9.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 5.6% below the REITs median (#74 of 167)

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


Farmland Partners Business Description

Industry Real EstateREITs
Other Exchanges 0FA:Germany
Address 4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
71GF Score

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

$9.91
Price
$10.91
GF Value