Terreno RealtyTRNO -0.32%93 Days Payable is 249.25 as of Mar. 2026, which is 11% above its 10-year median of 224.92. GuruFocus rates TRNO with a GF Score™ of 93/100 and a GF Value™ of $71.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 549 REITs companies, Terreno Realty ranks better than 73.22% on this metric.
The historical rank and industry rank for Terreno Realty's Days Payable or its related term are showing as below:
TRNO'
s Days Payable Range Over the Past 10 Years
Min: 181.9 Med: 224.92 Max: 262.33
Current: 245.03
During the past 13 years, Terreno Realty's highest Days Payable was 262.33. The lowest was 181.90. And the median was 224.92.
TRNO's Days Payable is ranked better than 73.22% of 549
companies
in the REITs industry
Industry Median: 119.66
vs TRNO: 245.03
Terreno Realty's Days Payable
increased
from Mar. 2025 (231.41) to Mar. 2026 (249.25).
It may suggest that Terreno Realtydelayed paying its suppliers.
Terreno Realty Days Payable Related Terms
Terreno Realty Days Payable Historical Data
* Premium members only.
The historical data trend for Terreno Realty'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 - Industrial subindustry, Terreno Realty'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.
Terreno Realty Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Terreno Realty's Days Payable distribution charts can be found below:
* The bar in red indicates where Terreno Realty'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.
Terreno Realty'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.
Terreno Realty (TRNO) has a Days Payable of 249.25 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 Terreno Realty and its competitors. This is 11% above median its historical median of 224.92. Over the past decade, Terreno Realty's Days Payable has ranged from 181.90 to 262.33. According to the industry distribution chart, Terreno Realty ranks #147 out of 549 companies in the REITs industry, placing it in the top 26.8%.
Is Terreno Realty's Days Payable too high?
Terreno Realty's current Days Payable of 249.25 is 11% above median its 10-year median of 224.92. Over the past 10 years, this metric has ranged from a low of 181.90 to a high of 262.33. The REITs industry median Days Payable is 119.66. Terreno Realty's value of 249.25 is 108.3% above this industry median. Based on the distribution chart, Terreno Realty ranks #147 out of 549 companies in the REITs industry, which is above the industry midpoint. Overall, Terreno Realty has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terreno Realty's Days Payable compare to STAG and REXR?
According to the REITs industry distribution chart, Terreno Realty ranks #147 out of 549 companies for Days Payable. This puts Terreno Realty in the upper half of its industry. The industry median Days Payable is 119.66. Terreno Realty's value of 249.25 is 108.3% above this benchmark. Historically, Terreno Realty's own Days Payable has ranged from 181.90 to 262.33 over the past decade. While the company's 10-year median is 224.92 vs. the industry median of 119.66, Terreno Realty 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 119.66, 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. Terreno Realty's current Days Payable of 249.25 is 108.3% 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 Terreno Realty and its competitors. For the REITs industry, the median Days Payable is 119.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terreno Realty's current Days Payable is 249.25, which is 11% above median its own 10-year median of 224.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terreno Realty stock overvalued right now?
Based on GuruFocus' analysis, Terreno Realty (TRNO) is currently considered Fairly Valued. The stock's GF Value™ is $71.22, compared to a current price of $65.54 — trading 8% below its estimated fair value. The current Days Payable is 249.25, which is 11% above median its 10-year median of 224.92 and 108.3% above the REITs industry median of 119.66. Terreno Realty's overall GF Score™ is 93/100 with 5 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 Terreno Realty (TRNO), the current Days Payable is 249.25 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 Terreno Realty (TRNO) Overvalued in 2026?
Based on GuruFocus' analysis, Terreno Realty stock appears to be undervalued.
The current stock price of $65.54 is trading 8% below its estimated GF Value™ of $71.22.
GuruFocus considers Terreno Realty to be Fairly Valued.
Key valuation signals for TRNO:
Days Payable: 249.25 (11% above median its 10-year median of 224.92)
GF Value™: $71.22 vs. price of $65.54 (8% below fair value)
Industry Position: 108.3% above the REITs median (#147 of 549)
No single metric tells the full story. See the TRNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land.
93GF Score
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