Highwoods Properties (FRA:HQS) Days Inventory: 29.39 (As of Mar. 2026) — 55% Below Median

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FRA:HQS Highwoods Properties Inc FRA:HQS
68 GF Score
Price €29.00
GF Value €22.80
Valuation Modestly Overvalued
! 13 Warning Signs
View Full Analysis

What is Highwoods Properties Days Inventory?

Highwoods Properties FRA:HQS 68 Days Inventory is 29.39 as of Mar. 2026, which is 55% below its 10-year median of 64.60. GuruFocus rates FRA:HQS with a GF Score™ of 68/100 and a GF Value™ of €22.80 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 166 REITs companies, Highwoods Properties ranks better than 63.86% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Highwoods Properties's Average Total Inventories for the three months ended in Mar. 2026 was €19.8 Mil. Highwoods Properties's Cost of Goods Sold for the three months ended in Mar. 2026 was €61.5 Mil. Hence, Highwoods Properties's Days Inventory for the three months ended in Mar. 2026 was 29.39.

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

FRA:HQS' s Days Inventory Range Over the Past 10 Years
Min: 40.53   Med: 64.6   Max: 74.31
Current: 40.53

During the past 13 years, Highwoods Properties's highest Days Inventory was 74.31. The lowest was 40.53. And the median was 64.60.

FRA:HQS's Days Inventory is ranked better than
63.86% of 166 companies
in the REITs industry
Industry Median: 165.54 vs FRA:HQS: 40.53

Highwoods Properties's Days Inventory declined from Mar. 2025 (80.27) to Mar. 2026 (29.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Highwoods Properties's Inventory Turnover for the three months ended in Mar. 2026 was 3.10.

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. Highwoods Properties's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.11.


Highwoods Properties  (FRA:HQS) 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.

Highwoods Properties'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.

Highwoods Properties'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.


Highwoods Properties Days Inventory Related Terms


Highwoods Properties Days Inventory Historical Data

* Premium members only.

The historical data trend for Highwoods Properties'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.

Highwoods Properties Days Inventory Chart

Highwoods Properties 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 0.00 0.00 0.00 74.31 59.46

Highwoods Properties 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 80.27 0.00 14.52 23.01 29.39

FRA:HQS vs SLG, CDP, KRC: Days Inventory Comparison

For the REIT - Office subindustry, Highwoods Properties'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.


Highwoods Properties Days Inventory vs REITs Industry

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

* The bar in red indicates where Highwoods Properties's Days Inventory falls into.


FRA:HQS
68GF Score
Highwoods Properties Inc FRA:HQS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highwoods Properties Days Inventory Calculation

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

Highwoods Properties'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
=( (52.916 + 19.814) / 2 ) / 223.213*365
=36.365 / 223.213*365
=59.46

Highwoods Properties'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
=( (19.814 + 0) / 1 ) / 61.517*365 / 4
=19.814 / 61.517*365 / 4
=29.39

* 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 29.39 mean?
Highwoods Properties (FRA:HQS) has a Days Inventory of 29.39 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Highwoods Properties and its competitors. This is 55% below median its historical median of 64.60. Over the past decade, Highwoods Properties' Days Inventory has ranged from 40.53 to 74.31. According to the industry distribution chart, Highwoods Properties ranks #60 out of 166 companies in the REITs industry, placing it in the top 36.1%.
Is Highwoods Properties' Days Inventory too high?
Highwoods Properties' current Days Inventory of 29.39 is 55% below median its 10-year median of 64.60. Over the past 10 years, this metric has ranged from a low of 40.53 to a high of 74.31. The REITs industry median Days Inventory is 165.54. Highwoods Properties' value of 29.39 is 82.2% below this industry median. Based on the distribution chart, Highwoods Properties ranks #60 out of 166 companies in the REITs industry, which is above the industry midpoint. Overall, Highwoods Properties has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highwoods Properties' Days Inventory compare to SLG and CDP?
According to the REITs industry distribution chart, Highwoods Properties ranks #60 out of 166 companies for Days Inventory. This puts Highwoods Properties in the upper half of its industry. The industry median Days Inventory is 165.54. Highwoods Properties' value of 29.39 is 82.2% below this benchmark. Historically, Highwoods Properties' own Days Inventory has ranged from 40.53 to 74.31 over the past decade. While the company's 10-year median is 64.60 vs. the industry median of 165.54, Highwoods Properties 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 165.54, based on 166 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. Highwoods Properties's current Days Inventory of 29.39 is 82.2% 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 Highwoods Properties and its competitors. For the REITs industry, the median Days Inventory is 165.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highwoods Properties's current Days Inventory is 29.39, which is 55% below median its own 10-year median of 64.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwoods Properties stock overvalued right now?
Based on GuruFocus' analysis, Highwoods Properties (FRA:HQS) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.80, compared to a current price of €29.00 — trading 27.2% above its estimated fair value. The current Days Inventory is 29.39, which is 55% below median its 10-year median of 64.60 and 82.2% below the REITs industry median of 165.54. Highwoods Properties' overall GF Score™ is 68/100 with 13 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 Highwoods Properties (FRA:HQS), the current Days Inventory is 29.39 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 Highwoods Properties (FRA:HQS) Overvalued in 2026?

Based on GuruFocus' analysis, Highwoods Properties stock appears to be overvalued. The current stock price of €29.00 is trading 27.2% above its estimated GF Value™ of €22.80. GuruFocus considers Highwoods Properties to be Modestly Overvalued.

Key valuation signals for FRA:HQS:

  • Days Inventory: 29.39 (55% below median its 10-year median of 64.60)
  • GF Value™: €22.80 vs. price of €29.00 (27.2% above fair value)
  • GF Score™: 68/100 with 13 warning signs
  • Industry Position: 82.2% below the REITs median (#60 of 166)

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


Highwoods Properties Business Description

Industry Real EstateREITs
Other Exchanges HIW:USAHIWP34:Brazil
Address 150 Fayetteville Street, Suite 1400, Raleigh, NC, USA, 27601
Highwoods Properties Inc is a fully integrated office REIT that owns, develops, acquires, leases, and manages office properties mainly in the best business districts of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa. Its principal business is the operation, acquisition, and development of rental office properties, with no material inter-segment transactions. The Company evaluates performance by geographic location, and the operating results by geographic grouping are regularly reviewed by the chief operating decision maker. The core portfolio consists mainly of office properties in its key markets, with the majority of revenue derived from its Raleigh properties.
68GF Score

Get the complete analysis for FRA:HQS

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

€29.00
Price
€22.80
GF Value