Agree RealtyADC +1.28%90 Days Payable is 537.60 as of Mar. 2026, which is 1% above its 10-year median of 530.03. GuruFocus rates ADC with a GF Score™ of 90/100 and a GF Value™ of $77.97 (Fairly Valued). The stock has 9 warning signs investors should review. Among 549 REITs companies, Agree Realty ranks better than 89.8% on this metric.
The historical rank and industry rank for Agree Realty's Days Payable or its related term are showing as below:
ADC'
s Days Payable Range Over the Past 10 Years
Min: 178.85 Med: 530.03 Max: 691.89
Current: 564.78
During the past 13 years, Agree Realty's highest Days Payable was 691.89. The lowest was 178.85. And the median was 530.03.
ADC's Days Payable is ranked better than 89.8% of 549
companies
in the REITs industry
Industry Median: 119.76
vs ADC: 564.78
Agree Realty's Days Payable
declined
from Mar. 2025 (550.58) to Mar. 2026 (537.60).
It may suggest that Agree Realtyaccelerated paying its suppliers.
Agree Realty Days Payable Related Terms
Agree Realty Days Payable Historical Data
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The historical data trend for Agree Realty'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.
For the REIT - Retail subindustry, Agree Realty'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.
Agree Realty Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Agree Realty's Days Payable distribution charts can be found below:
* The bar in red indicates where Agree Realty's Days Payable falls into.
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.
Agree Realty's Days Payable for the fiscal year that ended in Dec. 2025 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.
Agree Realty (ADC) has a Days Payable of 537.60 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 Agree Realty and its competitors. This is near median its historical median of 530.03. Over the past decade, Agree Realty's Days Payable has ranged from 178.85 to 691.89. According to the industry distribution chart, Agree Realty ranks #56 out of 549 companies in the REITs industry, placing it in the top 10.2%.
Is Agree Realty's Days Payable too high?
Agree Realty's current Days Payable of 537.60 is near median its 10-year median of 530.03. Over the past 10 years, this metric has ranged from a low of 178.85 to a high of 691.89. The REITs industry median Days Payable is 119.76. Agree Realty's value of 537.60 is 348.9% above this industry median. Based on the distribution chart, Agree Realty ranks #56 out of 549 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Agree Realty has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agree Realty's Days Payable compare to NNN and BRX?
According to the REITs industry distribution chart, Agree Realty ranks #56 out of 549 companies for Days Payable. This places Agree Realty in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.76. Agree Realty's value of 537.60 is 348.9% above this benchmark. Historically, Agree Realty's own Days Payable has ranged from 178.85 to 691.89 over the past decade. While the company's 10-year median is 530.03 vs. the industry median of 119.76, Agree Realty has consistently been above 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 REITs company?
The median Days Payable among REITs companies is 119.76, based on 549 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. Agree Realty's current Days Payable of 537.60 is 348.9% above 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 Agree Realty and its competitors. For the REITs industry, the median Days Payable is 119.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agree Realty's current Days Payable is 537.60, which is near median its own 10-year median of 530.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agree Realty stock overvalued right now?
Based on GuruFocus' analysis, Agree Realty (ADC) is currently considered Fairly Valued. The stock's GF Value™ is $77.97, compared to a current price of $75.32 — trading 3.4% below its estimated fair value. The current Days Payable is 537.60, which is near median its 10-year median of 530.03 and 348.9% above the REITs industry median of 119.76. Agree Realty's overall GF Score™ is 90/100 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 Agree Realty (ADC), the current Days Payable is 537.60 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 Agree Realty (ADC) Overvalued in 2026?
Based on GuruFocus' analysis, Agree Realty stock appears to be undervalued.
The current stock price of $75.32 is trading 3.4% below its estimated GF Value™ of $77.97.
GuruFocus considers Agree Realty to be Fairly Valued.
Key valuation signals for ADC:
Days Payable: 537.60 (near median its 10-year median of 530.03)
GF Value™: $77.97 vs. price of $75.32 (3.4% below fair value)
Industry Position: 348.9% above the REITs median (#56 of 549)
No single metric tells the full story. See the ADC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
90GF Score
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