PDM (Piedmont Realty Trust) Days Payable: 279.83 (As of Jun. 2026) — 43% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PDM Piedmont Realty Trust Inc PDM
66 GF Score
Price $9.69
GF Value $7.56
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Piedmont Realty Trust Days Payable?

Piedmont Realty Trust PDM -2.71% 66 Days Payable is 279.83 as of Jun. 2026, which is 43% above its 10-year median of 195.40. GuruFocus rates PDM with a GF Score™ of 66/100 and a GF Value™ of $7.56 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 539 REITs companies, Piedmont Realty Trust ranks better than 74.03% on this metric.

Piedmont Realty Trust's average Accounts Payable for the three months ended in Jun. 2026 was $171.7 Mil. Piedmont Realty Trust's Cost of Goods Sold for the three months ended in Jun. 2026 was $56.0 Mil. Hence, Piedmont Realty Trust's Days Payable for the three months ended in Jun. 2026 was 279.83.

The historical rank and industry rank for Piedmont Realty Trust's Days Payable or its related term are showing as below:

PDM' s Days Payable Range Over the Past 10 Years
Min: 181.45   Med: 195.4   Max: 257.83
Current: 250.96

During the past 13 years, Piedmont Realty Trust's highest Days Payable was 257.83. The lowest was 181.45. And the median was 195.40.

PDM's Days Payable is ranked better than
74.03% of 539 companies
in the REITs industry
Industry Median: 119.45 vs PDM: 250.96

Piedmont Realty Trust's Days Payable increased from Jun. 2025 (206.01) to Jun. 2026 (279.83). It may suggest that Piedmont Realty Trust delayed paying its suppliers.


Piedmont Realty Trust Days Payable Historical Data

* Premium members only.

The historical data trend for Piedmont Realty Trust'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.

Piedmont Realty Trust Days Payable Chart

Piedmont Realty Trust 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 195.93 181.45 187.73 218.70 257.83

Piedmont Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 206.01 217.41 240.46 263.47 279.83

PDM vs DEA, ESBA, HPP: Days Payable Comparison

For the REIT - Office subindustry, Piedmont 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.


Piedmont Realty Trust Days Payable vs REITs Industry

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

* The bar in red indicates where Piedmont Realty Trust's Days Payable falls into.


PDM
66GF Score
Piedmont Realty Trust Inc PDM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Piedmont 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.

Piedmont Realty Trust'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
=( (149.048 + 172.88) / 2 ) / 227.874*365
=160.964 / 227.874*365
=257.83

Piedmont Realty Trust's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (158.041 + 185.339) / 2 ) / 55.986*365 / 4
=171.69 / 55.986*365 / 4
=279.83

* 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 279.83 mean?
Piedmont Realty Trust (PDM) has a Days Payable of 279.83 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Piedmont Realty Trust and its competitors. This is 43% above median its historical median of 195.40. Over the past decade, Piedmont Realty Trust's Days Payable has ranged from 181.45 to 257.83. According to the industry distribution chart, Piedmont Realty Trust ranks #140 out of 539 companies in the REITs industry, placing it in the top 26%.
Is Piedmont Realty Trust's Days Payable too high?
Piedmont Realty Trust's current Days Payable of 279.83 is 43% above median its 10-year median of 195.40. Over the past 10 years, this metric has ranged from a low of 181.45 to a high of 257.83. The REITs industry median Days Payable is 119.45. Piedmont Realty Trust's value of 279.83 is 134.3% above this industry median. Based on the distribution chart, Piedmont Realty Trust ranks #140 out of 539 companies in the REITs industry, which is above the industry midpoint. Overall, Piedmont Realty Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piedmont Realty Trust's Days Payable compare to DEA and ESBA?
According to the REITs industry distribution chart, Piedmont Realty Trust ranks #140 out of 539 companies for Days Payable. This puts Piedmont Realty Trust in the upper half of its industry. The industry median Days Payable is 119.45. Piedmont Realty Trust's value of 279.83 is 134.3% above this benchmark. Historically, Piedmont Realty Trust's own Days Payable has ranged from 181.45 to 257.83 over the past decade. While the company's 10-year median is 195.40 vs. the industry median of 119.45, Piedmont 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 119.45, based on 539 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. Piedmont Realty Trust's current Days Payable of 279.83 is 134.3% 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 Piedmont Realty Trust 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. Piedmont Realty Trust's current Days Payable is 279.83, which is 43% above median its own 10-year median of 195.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piedmont Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Piedmont Realty Trust (PDM) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.56, compared to a current price of $9.69 — trading 28.2% above its estimated fair value. The current Days Payable is 279.83, which is 43% above median its 10-year median of 195.40 and 134.3% above the REITs industry median of 119.45. Piedmont Realty Trust's overall GF Score™ is 66/100 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 Piedmont Realty Trust (PDM), the current Days Payable is 279.83 as of Jun. 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 Piedmont Realty Trust (PDM) Overvalued in 2026?

Based on GuruFocus' analysis, Piedmont Realty Trust stock appears to be overvalued. The current stock price of $9.69 is trading 28.2% above its estimated GF Value™ of $7.56. GuruFocus considers Piedmont Realty Trust to be Modestly Overvalued.

Key valuation signals for PDM:

  • Days Payable: 279.83 (43% above median its 10-year median of 195.40)
  • GF Value™: $7.56 vs. price of $9.69 (28.2% above fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 134.3% above the REITs median (#140 of 539)

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


Piedmont Realty Trust Business Description

Industry Real EstateREITs
Address 5565 Glenridge Connector, Suite 450, Atlanta, GA, USA, 30342
Piedmont Realty Trust Inc is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of 16 MM SF of Class A properties across U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into Piedmont PLACEs that enhance each client's workplace experience.
66GF Score

Get the complete analysis for PDM

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

$9.69
Price
$7.56
GF Value