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* 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.
Granite Real Estate Investment Trust Days Payable Chart
FRA:4I70 vs PLD, PSA, EXR: Days Payable Comparison
For the REIT - Industrial subindustry, Granite Real Estate Investment 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.
Granite Real Estate Investment Trust Days Payable vs REITs Industry
Granite Real Estate Investment 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.
Granite Real Estate Investment Trust (FRA:4I70) has a Days Payable of 33.27 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 Granite Real Estate Investment Trust and its competitors. This is 34% below median its historical median of 50.04. Over the past decade, Granite Real Estate Investment Trust's Days Payable has ranged from 25.70 to 245.17. According to the industry distribution chart, Granite Real Estate Investment Trust ranks #461 out of 546 companies in the REITs industry, placing it in the top 84.4%.
Is Granite Real Estate Investment Trust's Days Payable too high?
Granite Real Estate Investment Trust's current Days Payable of 33.27 is 34% below median its 10-year median of 50.04. Over the past 10 years, this metric has ranged from a low of 25.70 to a high of 245.17. The REITs industry median Days Payable is 119.39. Granite Real Estate Investment Trust's value of 33.27 is 72.1% below this industry median. Based on the distribution chart, Granite Real Estate Investment Trust ranks #461 out of 546 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Granite Real Estate Investment Trust has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Granite Real Estate Investment Trust's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, Granite Real Estate Investment Trust ranks #461 out of 546 companies for Days Payable. This places Granite Real Estate Investment Trust in the lower half of its industry. The industry median Days Payable is 119.39. Granite Real Estate Investment Trust's value of 33.27 is 72.1% below this benchmark. Historically, Granite Real Estate Investment Trust's own Days Payable has ranged from 25.70 to 245.17 over the past decade. While the company's 10-year median is 50.04 vs. the industry median of 119.39, Granite Real Estate Investment Trust 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 Payable for a REITs company?
The median Days Payable among REITs companies is 119.39, based on 546 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. Granite Real Estate Investment Trust's current Days Payable of 33.27 is 72.1% 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 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 Granite Real Estate Investment Trust and its competitors. For the REITs industry, the median Days Payable is 119.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Real Estate Investment Trust's current Days Payable is 33.27, which is 34% below median its own 10-year median of 50.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Real Estate Investment Trust stock overvalued right now?
Granite Real Estate Investment Trust (FRA:4I70) has a current Days Payable of 33.27. The stock's GF Value™ is €56.20, compared to a current price of €60.67 — trading 8% above its estimated fair value. The current Days Payable is 33.27, which is 34% below median its 10-year median of 50.04 and 72.1% below the REITs industry median of 119.39. Granite Real Estate Investment Trust's overall GF Score™ is 76/100 with 6 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 Granite Real Estate Investment Trust (FRA:4I70), the current Days Payable is 33.27 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 Granite Real Estate Investment Trust (FRA:4I70) Overvalued in 2026?
Based on GuruFocus' analysis, Granite Real Estate Investment Trust stock appears to be overvalued.
The current stock price of €60.67 is trading 8% above its estimated GF Value™ of €56.20.
Key valuation signals for FRA:4I70:
Days Payable: 33.27 (34% below median its 10-year median of 50.04)
GF Value™: €56.20 vs. price of €60.67 (8% above fair value)
Industry Position: 72.1% below the REITs median (#461 of 546)
No single metric tells the full story. See the FRA:4I70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Granite Real Estate Investment Trust Business Description
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse, logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings, split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.
76GF Score
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