IRM (Iron Mountain) Days Payable: 76.56 (As of Mar. 2026) — Near Median


IRM Iron Mountain Inc IRM
85 GF Score
Price $132.44
GF Value $107.52
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Iron Mountain Days Payable?

Iron Mountain IRM +1.05% 85 Days Payable is 76.56 as of Mar. 2026, which is 9% above its 10-year median of 70.20. GuruFocus rates IRM with a GF Score™ of 85/100 and a GF Value™ of $107.52 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 548 REITs companies, Iron Mountain ranks worse than 62.59% on this metric.

Iron Mountain's average Accounts Payable for the three months ended in Mar. 2026 was $747 Mil. Iron Mountain's Cost of Goods Sold for the three months ended in Mar. 2026 was $890 Mil. Hence, Iron Mountain's Days Payable for the three months ended in Mar. 2026 was 76.56.

The historical rank and industry rank for Iron Mountain's Days Payable or its related term are showing as below:

IRM' s Days Payable Range Over the Past 10 Years
Min: 51.43   Med: 70.2   Max: 82.45
Current: 78.62

During the past 13 years, Iron Mountain's highest Days Payable was 82.45. The lowest was 51.43. And the median was 70.20.

IRM's Days Payable is ranked worse than
62.59% of 548 companies
in the REITs industry
Industry Median: 119.835 vs IRM: 78.62

Iron Mountain's Days Payable declined from Mar. 2025 (89.06) to Mar. 2026 (76.56). It may suggest that Iron Mountain accelerated paying its suppliers.


Iron Mountain Days Payable Historical Data

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The historical data trend for Iron Mountain'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.

Iron Mountain Days Payable Chart

Iron Mountain 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 70.50 69.89 78.08 82.45 82.34

Iron Mountain 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 89.06 82.11 75.42 75.93 76.56

IRM vs CCI, SBAC, WY: Days Payable Comparison

For the REIT - Specialty subindustry, Iron Mountain'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.


Iron Mountain Days Payable vs REITs Industry

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

* The bar in red indicates where Iron Mountain's Days Payable falls into.


IRM
85GF Score
Iron Mountain Inc IRM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Mountain 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.

Iron Mountain'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
=( (678.716 + 710.662) / 2 ) / 3079.48*365
=694.689 / 3079.48*365
=82.34

Iron Mountain'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
=( (710.662 + 782.546) / 2 ) / 889.803*365 / 4
=746.604 / 889.803*365 / 4
=76.56

* 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 76.56 mean?
Iron Mountain (IRM) has a Days Payable of 76.56 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 Iron Mountain and its competitors. This is near median its historical median of 70.20. Over the past decade, Iron Mountain's Days Payable has ranged from 51.43 to 82.45. According to the industry distribution chart, Iron Mountain ranks #343 out of 548 companies in the REITs industry, placing it in the top 62.6%.
Is Iron Mountain's Days Payable too high?
Iron Mountain's current Days Payable of 76.56 is near median its 10-year median of 70.20. Over the past 10 years, this metric has ranged from a low of 51.43 to a high of 82.45. The REITs industry median Days Payable is 119.84. Iron Mountain's value of 76.56 is 36.1% below this industry median. Based on the distribution chart, Iron Mountain ranks #343 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, Iron Mountain has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iron Mountain's Days Payable compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #343 out of 548 companies for Days Payable. This places Iron Mountain in the lower half of its industry. The industry median Days Payable is 119.84. Iron Mountain's value of 76.56 is 36.1% below this benchmark. Historically, Iron Mountain's own Days Payable has ranged from 51.43 to 82.45 over the past decade. While the company's 10-year median is 70.20 vs. the industry median of 119.84, Iron Mountain 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 119.84, 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. Iron Mountain's current Days Payable of 76.56 is 36.1% 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 Iron Mountain and its competitors. For the REITs industry, the median Days Payable is 119.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current Days Payable is 76.56, which is near median its own 10-year median of 70.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Mountain stock overvalued right now?
Based on GuruFocus' analysis, Iron Mountain (IRM) is currently considered Modestly Overvalued. The stock's GF Value™ is $107.52, compared to a current price of $132.44 — trading 23.2% above its estimated fair value. The current Days Payable is 76.56, which is near median its 10-year median of 70.20 and 36.1% below the REITs industry median of 119.84. Iron Mountain's overall GF Score™ is 85/100 with 10 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 Iron Mountain (IRM), the current Days Payable is 76.56 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 Iron Mountain (IRM) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Mountain stock appears to be overvalued. The current stock price of $132.44 is trading 23.2% above its estimated GF Value™ of $107.52. GuruFocus considers Iron Mountain to be Modestly Overvalued.

Key valuation signals for IRM:

  • Days Payable: 76.56 (near median its 10-year median of 70.20)
  • GF Value™: $107.52 vs. price of $132.44 (23.2% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 36.1% below the REITs median (#343 of 548)

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


Iron Mountain Business Description

Industry Real EstateREITs
Address 85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is an information management services provider organized and operated as a real estate investment trust. The company offers solutions to its clients to address their information management, digital transformation, information security, data center, and asset lifecycle management (ALM) needs. Its customers come from various industries, including commercial, legal, financial, healthcare, technology, etc. The company has two reportable segments: Global Records and Information Management (Global RIM) and Global Data Center. Maximum revenue is generated from the Global RIM segment, which offers data and records management, secure shredding, consumer storage, and other related services. Geographically, the company generates maximum revenue from the United States.
85GF Score

Get the complete analysis for IRM

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

$132.44
Price
$107.52
GF Value