BNL (Broadstone Net Lease) Days Payable: 899.35 (As of Mar. 2026) — 20% Above Median


BNL Broadstone Net Lease Inc BNL
78 GF Score
Price $21.21
GF Value $17.62
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Broadstone Net Lease Days Payable?

Broadstone Net Lease BNL +0.90% 78 Days Payable is 899.35 as of Mar. 2026, which is 20% above its 10-year median of 747.35. GuruFocus rates BNL with a GF Score™ of 78/100 and a GF Value™ of $17.62 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 550 REITs companies, Broadstone Net Lease ranks better than 93.27% on this metric.

Broadstone Net Lease's average Accounts Payable for the three months ended in Mar. 2026 was $60.9 Mil. Broadstone Net Lease's Cost of Goods Sold for the three months ended in Mar. 2026 was $6.2 Mil. Hence, Broadstone Net Lease's Days Payable for the three months ended in Mar. 2026 was 899.35.

The historical rank and industry rank for Broadstone Net Lease's Days Payable or its related term are showing as below:

BNL' s Days Payable Range Over the Past 10 Years
Min: 705.02   Med: 747.35   Max: 1628.09
Current: 873.98

During the past 11 years, Broadstone Net Lease's highest Days Payable was 1628.09. The lowest was 705.02. And the median was 747.35.

BNL's Days Payable is ranked better than
93.27% of 550 companies
in the REITs industry
Industry Median: 119.71 vs BNL: 873.98

Broadstone Net Lease's Days Payable increased from Mar. 2025 (809.80) to Mar. 2026 (899.35). It may suggest that Broadstone Net Lease delayed paying its suppliers.


Broadstone Net Lease Days Payable Historical Data

* Premium members only.

The historical data trend for Broadstone Net Lease'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.

Broadstone Net Lease Days Payable Chart

Broadstone Net Lease Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 728.87 717.37 768.62 711.95 866.49

Broadstone Net Lease Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable 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 809.80 965.15 832.34 840.49 899.35

BNL vs GNL, AAT, SAFE: Days Payable Comparison

For the REIT - Diversified subindustry, Broadstone Net Lease'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.


Broadstone Net Lease Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's Days Payable distribution charts can be found below:

* The bar in red indicates where Broadstone Net Lease's Days Payable falls into.


BNL
78GF Score
Broadstone Net Lease Inc BNL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Broadstone Net Lease Days Payable Calculation

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.

Broadstone Net Lease's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (48.983 + 60.081) / 2 ) / 22.971*365
=54.532 / 22.971*365
=866.49

Broadstone Net Lease's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (60.081 + 61.738) / 2 ) / 6.18*365 / 4
=60.9095 / 6.18*365 / 4
=899.35

* 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 Payable →
What does a Days Payable of 899.35 mean?
Broadstone Net Lease (BNL) has a Days Payable of 899.35 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 Broadstone Net Lease and its competitors. This is 20% above median its historical median of 747.35. Over the past decade, Broadstone Net Lease's Days Payable has ranged from 705.02 to 1,628.09. According to the industry distribution chart, Broadstone Net Lease ranks #37 out of 550 companies in the REITs industry, placing it in the top 6.7%.
Is Broadstone Net Lease's Days Payable too high?
Broadstone Net Lease's current Days Payable of 899.35 is 20% above median its 10-year median of 747.35. Over the past 10 years, this metric has ranged from a low of 705.02 to a high of 1,628.09. The REITs industry median Days Payable is 119.71. Broadstone Net Lease's value of 899.35 is 651.3% above this industry median. Based on the distribution chart, Broadstone Net Lease ranks #37 out of 550 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Broadstone Net Lease has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Broadstone Net Lease's Days Payable compare to GNL and AAT?
According to the REITs industry distribution chart, Broadstone Net Lease ranks #37 out of 550 companies for Days Payable. This places Broadstone Net Lease in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.71. Broadstone Net Lease's value of 899.35 is 651.3% above this benchmark. Historically, Broadstone Net Lease's own Days Payable has ranged from 705.02 to 1,628.09 over the past decade. While the company's 10-year median is 747.35 vs. the industry median of 119.71, Broadstone Net Lease 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 119.71, based on 550 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. Broadstone Net Lease's current Days Payable of 899.35 is 651.3% 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 Broadstone Net Lease and its competitors. For the REITs industry, the median Days Payable is 119.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadstone Net Lease's current Days Payable is 899.35, which is 20% above median its own 10-year median of 747.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadstone Net Lease stock overvalued right now?
Based on GuruFocus' analysis, Broadstone Net Lease (BNL) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.62, compared to a current price of $21.21 — trading 20.4% above its estimated fair value. The current Days Payable is 899.35, which is 20% above median its 10-year median of 747.35 and 651.3% above the REITs industry median of 119.71. Broadstone Net Lease's overall GF Score™ is 78/100 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 Broadstone Net Lease (BNL), the current Days Payable is 899.35 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 Broadstone Net Lease (BNL) Overvalued in 2026?

Based on GuruFocus' analysis, Broadstone Net Lease stock appears to be overvalued. The current stock price of $21.21 is trading 20.4% above its estimated GF Value™ of $17.62. GuruFocus considers Broadstone Net Lease to be Modestly Overvalued.

Key valuation signals for BNL:

  • Days Payable: 899.35 (20% above median its 10-year median of 747.35)
  • GF Value™: $17.62 vs. price of $21.21 (20.4% above fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 651.3% above the REITs median (#37 of 550)

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


Broadstone Net Lease Business Description

Industry Real EstateREITs
Other Exchanges 62XA:Germany
Address 207 High Point Drive, Suite 300, Victor, NY, USA, 14564
Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.
78GF Score

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

$21.21
Price
$17.62
GF Value