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Primaris REITPMREF 81 Days Sales Outstanding is 17.72 as of Mar. 2026, which is 29% below its 10-year median of 25.04. GuruFocus rates PMREF with a GF Score™ of 81/100 and a GF Value™ of $13.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 669 REITs companies, Primaris REIT ranks worse than 53.96% on this metric.
Primaris REIT's average Accounts Receivable for the
three
months ended in Mar. 2026 was $25.2 Mil. Primaris REIT's Revenue for the
three
months ended in Mar. 2026 was $129.6 Mil.
Hence, Primaris REIT's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 17.72.
The historical rank and industry rank for Primaris REIT's Days Sales Outstanding or its related term are showing as below:
PMREF'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.22 Med: 25.04 Max: 32.49
Current: 26.08
During the past 13 years, Primaris REIT's highest Days Sales Outstanding was 32.49. The lowest was 16.22. And the median was 25.04.
PMREF's Days Sales Outstanding is ranked worse than 53.96% of 669
companies
in the REITs industry
Industry Median: 23.21
vs PMREF: 26.08
Primaris REIT's Days Sales Outstanding
declined
from Mar. 2025 (32.77) to Mar. 2026 (17.72).
Primaris REIT (OTCPK:PMREF) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Primaris REIT Days Sales Outstanding Related Terms
Primaris REIT Days Sales Outstanding Historical Data
* Premium members only.
The historical data trend for Primaris REIT's Days Sales Outstanding 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.
PMREF vs SPG, O, KIM: Days Sales Outstanding Comparison
For the REIT - Retail subindustry, Primaris REIT's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Primaris REIT's Days Sales Outstanding falls into.
Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.
* 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 Sales Outstanding of 17.72 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Primaris REIT and its competitors. This is 29% below median its historical median of 25.04. Over the past decade, Primaris REIT's Days Sales Outstanding has ranged from 16.22 to 32.49. According to the industry distribution chart, Primaris REIT ranks #361 out of 669 companies in the REITs industry, placing it in the top 54%.
Is Primaris REIT's Days Sales Outstanding too high?
Primaris REIT's current Days Sales Outstanding of 17.72 is 29% below median its 10-year median of 25.04. Over the past 10 years, this metric has ranged from a low of 16.22 to a high of 32.49. The REITs industry median Days Sales Outstanding is 23.21. Primaris REIT's value of 17.72 is 23.7% below this industry median. Based on the distribution chart, Primaris REIT ranks #361 out of 669 companies in the REITs industry, which is below the industry midpoint. Overall, Primaris REIT has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Days Sales Outstanding compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #361 out of 669 companies for Days Sales Outstanding. This places Primaris REIT in the lower half of its industry. The industry median Days Sales Outstanding is 23.21. Primaris REIT's value of 17.72 is 23.7% below this benchmark. Historically, Primaris REIT's own Days Sales Outstanding has ranged from 16.22 to 32.49 over the past decade. While the company's 10-year median is 25.04 vs. the industry median of 23.21, Primaris REIT 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 Sales Outstanding for a REITs company?
The median Days Sales Outstanding among REITs companies is 23.21, based on 669 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current Days Sales Outstanding of 17.72 is 23.7% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Primaris REIT and its competitors. For the REITs industry, the median Days Sales Outstanding is 23.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current Days Sales Outstanding is 17.72, which is 29% below median its own 10-year median of 25.04. 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 Modestly Overvalued. The stock's GF Value™ is $13.13, compared to a current price of $16.50 — trading 25.7% above its estimated fair value. The current Days Sales Outstanding is 17.72, which is 29% below median its 10-year median of 25.04 and 23.7% below the REITs industry median of 23.21. Primaris REIT's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Days Sales Outstanding is 17.72 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 $16.50 is trading 25.7% above its estimated GF Value™ of $13.13.
GuruFocus considers Primaris REIT to be Modestly Overvalued.
Key valuation signals for PMREF:
Days Sales Outstanding: 17.72 (29% below median its 10-year median of 25.04)
GF Value™: $13.13 vs. price of $16.50 (25.7% above fair value)
Industry Position: 23.7% below the REITs median (#361 of 669)
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.
81GF Score
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