What is Innovative Industrial Properties Days Payable?
Innovative Industrial PropertiesIIPRPA.PFD -0.72%77 Days Payable is 176.98 as of Mar. 2026, which is 90% below its 10-year median of 1,706.05. GuruFocus rates IIPRPA.PFD with a GF Score™ of 77/100. The stock has 12 warning signs investors should review. Among 548 REITs companies, Innovative Industrial Properties ranks better than 69.34% on this metric.
* 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.
Innovative Industrial Properties Days Payable Chart
IIPRPA.PFD vs SMA, ILPT, LXP: Days Payable Comparison
For the REIT - Industrial subindustry, Innovative Industrial Properties'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.
Innovative Industrial Properties Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Innovative Industrial Properties's Days Payable distribution charts can be found below:
* The bar in red indicates where Innovative Industrial Properties's Days Payable falls into.
Innovative Industrial Properties 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.
Innovative Industrial Properties (IIPRPA.PFD) has a Days Payable of 176.98 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 Innovative Industrial Properties and its competitors. This is 90% below median its historical median of 1,706.05. Over the past decade, Innovative Industrial Properties' Days Payable has ranged from 207.14 to 4,550.15. According to the industry distribution chart, Innovative Industrial Properties ranks #168 out of 548 companies in the REITs industry, placing it in the top 30.7%.
Is Innovative Industrial Properties' Days Payable too high?
Innovative Industrial Properties' current Days Payable of 176.98 is 90% below median its 10-year median of 1,706.05. Over the past 10 years, this metric has ranged from a low of 207.14 to a high of 4,550.15. The REITs industry median Days Payable is 119.45. Innovative Industrial Properties' value of 176.98 is 48.2% above this industry median. Based on the distribution chart, Innovative Industrial Properties ranks #168 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, Innovative Industrial Properties has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' Days Payable compare to SMA and ILPT?
According to the REITs industry distribution chart, Innovative Industrial Properties ranks #168 out of 548 companies for Days Payable. This puts Innovative Industrial Properties in the upper half of its industry. The industry median Days Payable is 119.45. Innovative Industrial Properties' value of 176.98 is 48.2% above this benchmark. Historically, Innovative Industrial Properties' own Days Payable has ranged from 207.14 to 4,550.15 over the past decade. While the company's 10-year median is 1,706.05 vs. the industry median of 119.45, Innovative Industrial Properties 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 119.45, based on 548 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. Innovative Industrial Properties's current Days Payable of 176.98 is 48.2% 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 Innovative Industrial Properties and its competitors. For the REITs industry, the median Days Payable is 119.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Industrial Properties's current Days Payable is 176.98, which is 90% below median its own 10-year median of 1,706.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Industrial Properties stock overvalued right now?
Innovative Industrial Properties (IIPRPA.PFD) has a current Days Payable of 176.98. The current Days Payable is 176.98, which is 90% below median its 10-year median of 1,706.05 and 48.2% above the REITs industry median of 119.45. Innovative Industrial Properties' overall GF Score™ is 77/100 with 12 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 Innovative Industrial Properties (IIPRPA.PFD), the current Days Payable is 176.98 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.
Innovative Industrial Properties Business Description
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
77GF Score
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