APLE (Apple Hospitality REIT) Days Payable: 38.78 (As of Mar. 2026) — 24% Below Median


APLE Apple Hospitality REIT Inc APLE
85 GF Score
Price $16.64
GF Value $14.96
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Apple Hospitality REIT Days Payable?

Apple Hospitality REIT APLE +0.24% 85 Days Payable is 38.78 as of Mar. 2026, which is 24% below its 10-year median of 51.34. GuruFocus rates APLE with a GF Score™ of 85/100 and a GF Value™ of $14.96 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 549 REITs companies, Apple Hospitality REIT ranks worse than 78.32% on this metric.

Apple Hospitality REIT's average Accounts Payable for the three months ended in Mar. 2026 was $97 Mil. Apple Hospitality REIT's Cost of Goods Sold for the three months ended in Mar. 2026 was $229 Mil. Hence, Apple Hospitality REIT's Days Payable for the three months ended in Mar. 2026 was 38.78.

The historical rank and industry rank for Apple Hospitality REIT's Days Payable or its related term are showing as below:

APLE' s Days Payable Range Over the Past 10 Years
Min: 37.22   Med: 51.34   Max: 80.6
Current: 37.22

During the past 13 years, Apple Hospitality REIT's highest Days Payable was 80.60. The lowest was 37.22. And the median was 51.34.

APLE's Days Payable is ranked worse than
78.32% of 549 companies
in the REITs industry
Industry Median: 119.76 vs APLE: 37.22

Apple Hospitality REIT's Days Payable declined from Mar. 2025 (42.82) to Mar. 2026 (38.78). It may suggest that Apple Hospitality REIT accelerated paying its suppliers.


Apple Hospitality REIT Days Payable Historical Data

* Premium members only.

The historical data trend for Apple Hospitality 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.

Apple Hospitality REIT Days Payable Chart

Apple Hospitality REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.62 48.63 52.20 49.66 43.81

Apple Hospitality REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable 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 42.82 34.03 36.86 42.05 38.78

APLE vs PK, DRH, SHO: Days Payable Comparison

For the REIT - Hotel & Motel subindustry, Apple Hospitality 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.


Apple Hospitality REIT Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Apple Hospitality REIT's Days Payable distribution charts can be found below:

* The bar in red indicates where Apple Hospitality REIT's Days Payable falls into.


APLE
85GF Score
Apple Hospitality REIT Inc APLE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Apple Hospitality REIT Days Payable Calculation

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.

Apple Hospitality REIT's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (121.024 + 103.905) / 2 ) / 937.054*365
=112.4645 / 937.054*365
=43.81

Apple Hospitality REIT's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (103.905 + 91.091) / 2 ) / 229.395*365 / 4
=97.498 / 229.395*365 / 4
=38.78

* 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 Payable →
What does a Days Payable of 38.78 mean?
Apple Hospitality REIT (APLE) has a Days Payable of 38.78 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 Apple Hospitality REIT and its competitors. This is 24% below median its historical median of 51.34. Over the past decade, Apple Hospitality REIT's Days Payable has ranged from 37.22 to 80.60. According to the industry distribution chart, Apple Hospitality REIT ranks #430 out of 549 companies in the REITs industry, placing it in the top 78.3%.
Is Apple Hospitality REIT's Days Payable too high?
Apple Hospitality REIT's current Days Payable of 38.78 is 24% below median its 10-year median of 51.34. Over the past 10 years, this metric has ranged from a low of 37.22 to a high of 80.60. The REITs industry median Days Payable is 119.76. Apple Hospitality REIT's value of 38.78 is 67.6% below this industry median. Based on the distribution chart, Apple Hospitality REIT ranks #430 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Apple Hospitality REIT has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apple Hospitality REIT's Days Payable compare to PK and DRH?
According to the REITs industry distribution chart, Apple Hospitality REIT ranks #430 out of 549 companies for Days Payable. This places Apple Hospitality REIT in the lower half of its industry. The industry median Days Payable is 119.76. Apple Hospitality REIT's value of 38.78 is 67.6% below this benchmark. Historically, Apple Hospitality REIT's own Days Payable has ranged from 37.22 to 80.60 over the past decade. While the company's 10-year median is 51.34 vs. the industry median of 119.76, Apple Hospitality 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 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. Apple Hospitality REIT's current Days Payable of 38.78 is 67.6% 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 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 Apple Hospitality 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. Apple Hospitality REIT's current Days Payable is 38.78, which is 24% below median its own 10-year median of 51.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple Hospitality REIT stock overvalued right now?
Based on GuruFocus' analysis, Apple Hospitality REIT (APLE) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.96, compared to a current price of $16.64 — trading 11.2% above its estimated fair value. The current Days Payable is 38.78, which is 24% below median its 10-year median of 51.34 and 67.6% below the REITs industry median of 119.76. Apple Hospitality REIT's overall GF Score™ is 85/100 with 10 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 Apple Hospitality REIT (APLE), the current Days Payable is 38.78 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 Hospitality REIT (APLE) Overvalued in 2026?

Based on GuruFocus' analysis, Apple Hospitality REIT stock appears to be overvalued. The current stock price of $16.64 is trading 11.2% above its estimated GF Value™ of $14.96. GuruFocus considers Apple Hospitality REIT to be Modestly Overvalued.

Key valuation signals for APLE:

  • Days Payable: 38.78 (24% below median its 10-year median of 51.34)
  • GF Value™: $14.96 vs. price of $16.64 (11.2% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 67.6% below the REITs median (#430 of 549)

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


Apple Hospitality REIT Business Description

Industry Real EstateREITs
Other Exchanges 48T:Germany
Address 814 East Main Street, Richmond, VA, USA, 23219
Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly-owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly-owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.
85GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.64
Price
$14.96
GF Value