Primaris REITPMREF 83 Days Payable is 154.35 as of Mar. 2026, which is 24% below its 10-year median of 201.99. GuruFocus rates PMREF with a GF Score™ of 83/100 and a GF Value™ of $13.25 (Fairly Valued). The stock has 8 warning signs investors should review. Among 549 REITs companies, Primaris REIT ranks better than 63.93% on this metric.
The historical rank and industry rank for Primaris REIT's Days Payable or its related term are showing as below:
PMREF'
s Days Payable Range Over the Past 10 Years
Min: 154.43 Med: 201.99 Max: 1290.22
Current: 167.78
During the past 13 years, Primaris REIT's highest Days Payable was 1290.22. The lowest was 154.43. And the median was 201.99.
PMREF's Days Payable is ranked better than 63.93% of 549
companies
in the REITs industry
Industry Median: 119.76
vs PMREF: 167.78
Primaris REIT's Days Payable
declined
from Mar. 2025 (178.70) to Mar. 2026 (154.35).
It may suggest that Primaris REITaccelerated paying its suppliers.
Primaris REIT Days Payable Related Terms
Primaris REIT Days Payable Historical Data
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The historical data trend for Primaris REIT'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.
For the REIT - Retail subindustry, Primaris REIT'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.
Primaris REIT Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's Days Payable distribution charts can be found below:
* The bar in red indicates where Primaris REIT's Days Payable falls into.
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.
Primaris REIT's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Primaris REIT (PMREF) has a Days Payable of 154.35 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 Primaris REIT and its competitors. This is 24% below median its historical median of 201.99. Over the past decade, Primaris REIT's Days Payable has ranged from 154.43 to 1,290.22. According to the industry distribution chart, Primaris REIT ranks #198 out of 549 companies in the REITs industry, placing it in the top 36.1%.
Is Primaris REIT's Days Payable too high?
Primaris REIT's current Days Payable of 154.35 is 24% below median its 10-year median of 201.99. Over the past 10 years, this metric has ranged from a low of 154.43 to a high of 1,290.22. The REITs industry median Days Payable is 119.76. Primaris REIT's value of 154.35 is 28.9% above this industry median. Based on the distribution chart, Primaris REIT ranks #198 out of 549 companies in the REITs industry, which is above the industry midpoint. Overall, Primaris REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Days Payable compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #198 out of 549 companies for Days Payable. This puts Primaris REIT in the upper half of its industry. The industry median Days Payable is 119.76. Primaris REIT's value of 154.35 is 28.9% above this benchmark. Historically, Primaris REIT's own Days Payable has ranged from 154.43 to 1,290.22 over the past decade. While the company's 10-year median is 201.99 vs. the industry median of 119.76, Primaris REIT 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 119.76, based on 549 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. Primaris REIT's current Days Payable of 154.35 is 28.9% 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 Primaris REIT and its competitors. For the REITs industry, the median Days Payable is 119.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current Days Payable is 154.35, which is 24% below median its own 10-year median of 201.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Fairly Valued. The stock's GF Value™ is $13.25, compared to a current price of $14.30 — trading 7.9% above its estimated fair value. The current Days Payable is 154.35, which is 24% below median its 10-year median of 201.99 and 28.9% above the REITs industry median of 119.76. Primaris REIT's overall GF Score™ is 83/100 with 8 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 Primaris REIT (PMREF), the current Days Payable is 154.35 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 Primaris REIT (PMREF) Overvalued in 2026?
Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued.
The current stock price of $14.30 is trading 7.9% above its estimated GF Value™ of $13.25.
GuruFocus considers Primaris REIT to be Fairly Valued.
Key valuation signals for PMREF:
Days Payable: 154.35 (24% below median its 10-year median of 201.99)
GF Value™: $13.25 vs. price of $14.30 (7.9% above fair value)
Industry Position: 28.9% above the REITs median (#198 of 549)
No single metric tells the full story. See the PMREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
83GF Score
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