Primaris REITPMREF 82 Receivables Turnover is 5.15 as of Mar. 2026. GuruFocus rates PMREF with a GF Score™ of 82/100 and a GF Value™ of $12.89 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 681 REITs companies, Primaris REIT ranks worse than 54.04% on this metric.
The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Primaris REIT's Revenue for the
three
months ended in Mar. 2026 was $129.6 Mil. Primaris REIT's average Accounts Receivable for the
three
months ended in Mar. 2026 was $25.2 Mil.
Hence, Primaris REIT's Receivables Turnover for the
three
months ended in Mar. 2026 was 5.15.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Primaris REIT Receivables Turnover Related Terms
Primaris REIT Receivables Turnover Historical Data
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The historical data trend for Primaris REIT's Receivables Turnover 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: Receivables Turnover Comparison
For the REIT - Retail subindustry, Primaris REIT's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Primaris REIT's Receivables Turnover falls into.
* 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 Receivables Turnover of 5.15 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Primaris REIT and its competitors. According to the industry distribution chart, Primaris REIT ranks #368 out of 681 companies in the REITs industry, placing it in the top 54%.
Is Primaris REIT's Receivables Turnover too high?
Primaris REIT's current Receivables Turnover is 5.15. The REITs industry median Receivables Turnover is 15.95. Primaris REIT's value of 5.15 is 67.7% below this industry median. Based on the distribution chart, Primaris REIT ranks #368 out of 681 companies in the REITs industry, which is below the industry midpoint. Overall, Primaris REIT has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Receivables Turnover compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #368 out of 681 companies for Receivables Turnover. This places Primaris REIT in the lower half of its industry. The industry median Receivables Turnover is 15.95. Primaris REIT's value of 5.15 is 67.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a REITs company?
The median Receivables Turnover among REITs companies is 15.95, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current Receivables Turnover of 5.15 is 67.7% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Primaris REIT and its competitors. For the REITs industry, the median Receivables Turnover is 15.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current Receivables Turnover is 5.15. 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 $12.89, compared to a current price of $14.75 — trading 14.4% above its estimated fair value. The current Receivables Turnover is 5.15 and 67.7% below the REITs industry median of 15.95. Primaris REIT's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Receivables Turnover is 5.15 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 $14.75 is trading 14.4% above its estimated GF Value™ of $12.89.
GuruFocus considers Primaris REIT to be Modestly Overvalued.
Key valuation signals for PMREF:
Receivables Turnover: 5.15
GF Value™: $12.89 vs. price of $14.75 (14.4% above fair value)
Industry Position: 67.7% below the REITs median (#368 of 681)
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.
82GF Score
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