* 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.
BSP:F2RT34 vs REXR, CUBE, STAG: Days Payable Comparison
For the REIT - Industrial subindustry, First Industrial Realty Trust'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.
First Industrial Realty Trust Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, First Industrial Realty Trust's Days Payable distribution charts can be found below:
* The bar in red indicates where First Industrial Realty Trust's Days Payable falls into.
First Industrial Realty Trust 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.
* 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.
First Industrial Realty Trust (BSP:F2RT34) has a Days Payable of 290.44 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 First Industrial Realty Trust and its competitors. This is near median its historical median of 299.80. Over the past decade, First Industrial Realty Trust's Days Payable has ranged from 258.00 to 440.97. According to the industry distribution chart, First Industrial Realty Trust ranks #109 out of 550 companies in the REITs industry, placing it in the top 19.8%.
Is First Industrial Realty Trust's Days Payable too high?
First Industrial Realty Trust's current Days Payable of 290.44 is near median its 10-year median of 299.80. Over the past 10 years, this metric has ranged from a low of 258.00 to a high of 440.97. The REITs industry median Days Payable is 119.71. First Industrial Realty Trust's value of 290.44 is 142.6% above this industry median. Based on the distribution chart, First Industrial Realty Trust ranks #109 out of 550 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, First Industrial Realty Trust has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Industrial Realty Trust's Days Payable compare to REXR and CUBE?
According to the REITs industry distribution chart, First Industrial Realty Trust ranks #109 out of 550 companies for Days Payable. This places First Industrial Realty Trust in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.71. First Industrial Realty Trust's value of 290.44 is 142.6% above this benchmark. Historically, First Industrial Realty Trust's own Days Payable has ranged from 258.00 to 440.97 over the past decade. While the company's 10-year median is 299.80 vs. the industry median of 119.71, First Industrial Realty Trust 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. First Industrial Realty Trust's current Days Payable of 290.44 is 142.6% 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 First Industrial Realty Trust 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. First Industrial Realty Trust's current Days Payable is 290.44, which is near median its own 10-year median of 299.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Industrial Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, First Industrial Realty Trust (BSP:F2RT34) is currently considered Fairly Valued. The stock's GF Value™ is R$39.51, compared to a current price of R$40.56 — trading 2.7% above its estimated fair value. The current Days Payable is 290.44, which is near median its 10-year median of 299.80 and 142.6% above the REITs industry median of 119.71. First Industrial Realty Trust's overall GF Score™ is 88/100 with 8 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 First Industrial Realty Trust (BSP:F2RT34), the current Days Payable is 290.44 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 First Industrial Realty Trust (BSP:F2RT34) Overvalued in 2026?
Based on GuruFocus' analysis, First Industrial Realty Trust stock appears to be overvalued.
The current stock price of R$40.56 is trading 2.7% above its estimated GF Value™ of R$39.51.
GuruFocus considers First Industrial Realty Trust to be Fairly Valued.
Key valuation signals for BSP:F2RT34:
Days Payable: 290.44 (near median its 10-year median of 299.80)
GF Value™: R$39.51 vs. price of R$40.56 (2.7% above fair value)
Industry Position: 142.6% above the REITs median (#109 of 550)
No single metric tells the full story. See the BSP:F2RT34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Industrial Realty Trust Business Description
First Industrial Realty Trust Inc is a real estate investment trust that owns, manages, acquires, sells, develops, and redevelops industrial real estate. Through its fully integrated operating and investing platform, the company provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. The company serves a diverse tenant base across various sectors, including e-commerce, logistics, transportation, manufacturing, retail, consumer services, food and beverage, building materials, wholesale goods, health services, and government.
88GF Score
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