ONL (Orion Properties) Days Payable: 18.02 (As of Mar. 2026) — 73% Above Median


ONL Orion Properties Inc ONL
68 GF Score
Price $2.91
GF Value $2.80
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is Orion Properties Days Payable?

Orion Properties ONL +6.20% 68 Days Payable is 18.02 as of Mar. 2026, which is 73% above its 10-year median of 10.44. GuruFocus rates ONL with a GF Score™ of 68/100 and a GF Value™ of $2.80 (Fairly Valued). The stock has 12 warning signs investors should review. Among 550 REITs companies, Orion Properties ranks worse than 92.91% on this metric.

Orion Properties's average Accounts Payable for the three months ended in Mar. 2026 was $2.9 Mil. Orion Properties's Cost of Goods Sold for the three months ended in Mar. 2026 was $14.8 Mil. Hence, Orion Properties's Days Payable for the three months ended in Mar. 2026 was 18.02.

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

ONL' s Days Payable Range Over the Past 10 Years
Min: 0.76   Med: 10.44   Max: 24.73
Current: 13.03

During the past 8 years, Orion Properties's highest Days Payable was 24.73. The lowest was 0.76. And the median was 10.44.

ONL's Days Payable is ranked worse than
92.91% of 550 companies
in the REITs industry
Industry Median: 119.71 vs ONL: 13.03

Orion Properties's Days Payable increased from Mar. 2025 (8.25) to Mar. 2026 (18.02). It may suggest that Orion Properties delayed paying its suppliers.


Orion Properties Days Payable Historical Data

* Premium members only.

The historical data trend for Orion Properties'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.

Orion Properties Days Payable Chart

Orion Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 24.73 10.67 10.21 7.75 11.16

Orion Properties 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 8.25 10.23 9.56 14.05 18.02

ONL vs NLOP, FSP, CMCT: Days Payable Comparison

For the REIT - Office subindustry, Orion 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.


Orion Properties Days Payable vs REITs Industry

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

* The bar in red indicates where Orion Properties's Days Payable falls into.


ONL
68GF Score
Orion Properties Inc ONL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orion 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.

Orion Properties'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
=( (1.159 + 2.807) / 2 ) / 64.828*365
=1.983 / 64.828*365
=11.16

Orion Properties'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
=( (2.807 + 3.032) / 2 ) / 14.783*365 / 4
=2.9195 / 14.783*365 / 4
=18.02

* 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 18.02 mean?
Orion Properties (ONL) has a Days Payable of 18.02 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 Orion Properties and its competitors. This is 73% above median its historical median of 10.44. Over the past decade, Orion Properties' Days Payable has ranged from 0.76 to 24.73. According to the industry distribution chart, Orion Properties ranks #511 out of 550 companies in the REITs industry, placing it in the top 92.9%.
Is Orion Properties' Days Payable too high?
Orion Properties' current Days Payable of 18.02 is 73% above median its 10-year median of 10.44. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 24.73. The REITs industry median Days Payable is 119.71. Orion Properties' value of 18.02 is 84.9% below this industry median. Based on the distribution chart, Orion Properties ranks #511 out of 550 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orion Properties has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orion Properties' Days Payable compare to NLOP and FSP?
According to the REITs industry distribution chart, Orion Properties ranks #511 out of 550 companies for Days Payable. This places Orion Properties in the lower half of its industry. The industry median Days Payable is 119.71. Orion Properties' value of 18.02 is 84.9% below this benchmark. Historically, Orion Properties' own Days Payable has ranged from 0.76 to 24.73 over the past decade. While the company's 10-year median is 10.44 vs. the industry median of 119.71, Orion Properties 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 119.71, 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. Orion Properties's current Days Payable of 18.02 is 84.9% 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 Orion Properties 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. Orion Properties's current Days Payable is 18.02, which is 73% above median its own 10-year median of 10.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Properties stock overvalued right now?
Based on GuruFocus' analysis, Orion Properties (ONL) is currently considered Fairly Valued. The stock's GF Value™ is $2.80, compared to a current price of $2.91 — trading 3.9% above its estimated fair value. The current Days Payable is 18.02, which is 73% above median its 10-year median of 10.44 and 84.9% below the REITs industry median of 119.71. Orion Properties' overall GF Score™ is 68/100 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 Orion Properties (ONL), the current Days Payable is 18.02 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 Orion Properties (ONL) Overvalued in 2026?

Based on GuruFocus' analysis, Orion Properties stock appears to be overvalued. The current stock price of $2.91 is trading 3.9% above its estimated GF Value™ of $2.80. GuruFocus considers Orion Properties to be Fairly Valued.

Key valuation signals for ONL:

  • Days Payable: 18.02 (73% above median its 10-year median of 10.44)
  • GF Value™: $2.80 vs. price of $2.91 (3.9% above fair value)
  • GF Score™: 68/100 with 12 warning signs
  • Industry Position: 84.9% below the REITs median (#511 of 550)

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


Orion Properties Business Description

Industry Real EstateREITs
Other Exchanges OY9:Germany
Address 3200 East Camelback Road, Suite 100, Phoenix, AZ, USA, 85018
Orion Properties Inc is an internally managed real estate investment trust engaged in the ownership, acquisition, and management of a diversified portfolio of office properties located in high-quality suburban markets across the United States and leased mainly on a single-tenant net lease basis to creditworthy tenants. Its portfolio is comprised of traditional office properties, as well as governmental, medical office, flex/laboratory, and R&D and flex/industrial properties. The company is focused on shifting its portfolio concentration over time away from traditional office properties, towards more dedicated use assets with specialized uses that include an office component. It operates in one business segment: commercial real estate.
68GF Score

Get the complete analysis for ONL

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

$2.91
Price
$2.80
GF Value