Apple (AAPL) Days Sales Outstanding: 28.83 (As of Mar. 2026) — Near Median

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AAPL Apple Inc AAPL
95 GF Score
Price $317.31
GF Value $267.91
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Apple Days Sales Outstanding?

Apple AAPL +0.63% 95 Days Sales Outstanding is 28.83 as of Mar. 2026, which is 5% above its 10-year median of 27.53. GuruFocus rates AAPL with a GF Score™ of 95/100 and a GF Value™ of $267.91 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,473 Hardware companies, Apple ranks better than 94.46% on this metric.

Apple's average Accounts Receivable for the three months ended in Mar. 2026 was $35,130 Mil. Apple's Revenue for the three months ended in Mar. 2026 was $111,184 Mil. Hence, Apple's Days Sales Outstanding for the three months ended in Mar. 2026 was 28.83.

The historical rank and industry rank for Apple's Days Sales Outstanding or its related term are showing as below:

AAPL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.15   Med: 27.53   Max: 32.35
Current: 26.48

During the past 13 years, Apple's highest Days Sales Outstanding was 32.35. The lowest was 21.15. And the median was 27.53.

AAPL's Days Sales Outstanding is ranked better than
94.46% of 2473 companies
in the Hardware industry
Industry Median: 74.62 vs AAPL: 26.48

Apple's Days Sales Outstanding increased from Mar. 2025 (26.69) to Mar. 2026 (28.83).


Apple  (NAS:AAPL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Apple Days Sales Outstanding Related Terms


Apple Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Apple'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.

Apple Days Sales Outstanding Chart

Apple Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.15 25.21 27.47 29.36 32.09

Apple Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Sales Outstanding 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 26.69 26.05 29.98 25.29 28.83

AAPL vs SONO, TBCH, VUZI: Days Sales Outstanding Comparison

For the Consumer Electronics subindustry, Apple'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.


Apple Days Sales Outstanding vs Hardware Industry

For the Hardware industry and Technology sector, Apple's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Apple's Days Sales Outstanding falls into.


AAPL
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Apple Inc AAPL
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Apple Days Sales Outstanding Calculation

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.

Accounts Receivable can be measured by Days Sales Outstanding.

Apple's Days Sales Outstanding for the fiscal year that ended in Sep. 2025 is calculated as

Days Sales Outstanding (A: Sep. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count ) / Revenue (A: Sep. 2025 )*Days in Period
=( (33410 + 39777) / 2 ) / 416161*365
=36593.5 / 416161*365
=32.09

Apple's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (39921 + 30339) / 2 ) / 111184*365 / 4
=35130 / 111184*365 / 4
=28.83

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 28.83 mean?
Apple (AAPL) has a Days Sales Outstanding of 28.83 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Apple and its competitors. This is near median its historical median of 27.53. Over the past decade, Apple's Days Sales Outstanding has ranged from 21.15 to 32.35. According to the industry distribution chart, Apple ranks #137 out of 2473 companies in the Hardware industry, placing it in the top 5.5%.
Is Apple's Days Sales Outstanding too high?
Apple's current Days Sales Outstanding of 28.83 is near median its 10-year median of 27.53. Over the past 10 years, this metric has ranged from a low of 21.15 to a high of 32.35. The Hardware industry median Days Sales Outstanding is 74.62. Apple's value of 28.83 is 61.4% below this industry median. Based on the distribution chart, Apple ranks #137 out of 2473 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Apple has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apple's Days Sales Outstanding compare to SONO and TBCH?
According to the Hardware industry distribution chart, Apple ranks #137 out of 2473 companies for Days Sales Outstanding. This places Apple in the top 6% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 74.62. Apple's value of 28.83 is 61.4% below this benchmark. Historically, Apple's own Days Sales Outstanding has ranged from 21.15 to 32.35 over the past decade. While the company's 10-year median is 27.53 vs. the industry median of 74.62, Apple 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 Hardware company?
The median Days Sales Outstanding among Hardware companies is 74.62, based on 2,473 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. Apple's current Days Sales Outstanding of 28.83 is 61.4% 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 Apple and its competitors. For the Hardware industry, the median Days Sales Outstanding is 74.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple's current Days Sales Outstanding is 28.83, which is near median its own 10-year median of 27.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple stock overvalued right now?
Based on GuruFocus' analysis, Apple (AAPL) is currently considered Modestly Overvalued. The stock's GF Value™ is $267.91, compared to a current price of $317.31 — trading 18.4% above its estimated fair value. The current Days Sales Outstanding is 28.83, which is near median its 10-year median of 27.53 and 61.4% below the Hardware industry median of 74.62. Apple's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Apple (AAPL), the current Days Sales Outstanding is 28.83 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 Apple (AAPL) Overvalued in 2026?

Based on GuruFocus' analysis, Apple stock appears to be overvalued. The current stock price of $317.31 is trading 18.4% above its estimated GF Value™ of $267.91. GuruFocus considers Apple to be Modestly Overvalued.

Key valuation signals for AAPL:

  • Days Sales Outstanding: 28.83 (near median its 10-year median of 27.53)
  • GF Value™: $267.91 vs. price of $317.31 (18.4% above fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 61.4% below the Hardware median (#137 of 2473)

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


Apple Business Description

Address One Apple Park Way, Cupertino, CA, USA, 95014
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone accounts for the majority of the firm's sales, and Apple's other products, such as the Mac, iPad, and Watch, are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.
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Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$317.31
Price
$267.91
GF Value