Apple (BOG:AAPLCO) Days Payable: 104.50 (As of Mar. 2026) — Near Median


BOG:AAPLCO Apple Inc BOG:AAPLCO
96 GF Score
Price COP965,980.00
GF Value COP934,769.52
! 1 Warning Sign
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What is Apple Days Payable?

Apple BOG:AAPLCO 96 Days Payable is 104.50 as of Mar. 2026, which is 2% below its 10-year median of 106.75. GuruFocus rates BOG:AAPLCO with a GF Score™ of 96/100 and a GF Value™ of COP934,769.52. The stock has 1 warning sign investors should review. Among 2,438 Hardware companies, Apple ranks better than 65.63% on this metric.

Apple's average Accounts Payable for the three months ended in Mar. 2026 was COP237,399,583 Mil. Apple's Cost of Goods Sold for the three months ended in Mar. 2026 was COP207,294,542 Mil. Hence, Apple's Days Payable for the three months ended in Mar. 2026 was 104.50.

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

BOG:AAPLCO' s Days Payable Range Over the Past 10 Years
Min: 83.17   Med: 106.75   Max: 115.2
Current: 93.76

During the past 13 years, Apple's highest Days Payable was 115.20. The lowest was 83.17. And the median was 106.75.

BOG:AAPLCO's Days Payable is ranked better than
65.63% of 2438 companies
in the Hardware industry
Industry Median: 69.935 vs BOG:AAPLCO: 93.76

Apple's Days Payable declined from Mar. 2025 (109.03) to Mar. 2026 (104.50). It may suggest that Apple accelerated paying its suppliers.


Apple Days Payable Historical Data

* Premium members only.

The historical data trend for Apple'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 Days Payable Chart

Apple Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.59 90.21 113.10 112.57 118.40

Apple 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 109.03 95.85 102.61 88.02 104.50

BOG:AAPLCO vs SONO, VUZI, TBCH: Days Payable Comparison

For the Consumer Electronics subindustry, Apple'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 Days Payable vs Hardware Industry

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

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


BOG:AAPLCO
96GF Score
Apple Inc BOG:AAPLCO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Apple 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's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (287993558.566 + 273781376.988) / 2 ) / 865942356.988*365
=280887467.777 / 865942356.988*365
=118.40

Apple'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
=( (264027846.976 + 210771318.871) / 2 ) / 207294542.159*365 / 4
=237399582.9235 / 207294542.159*365 / 4
=104.50

* 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 104.50 mean?
Apple (BOG:AAPLCO) has a Days Payable of 104.50 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 and its competitors. This is near median its historical median of 106.75. Over the past decade, Apple's Days Payable has ranged from 83.17 to 115.20. According to the industry distribution chart, Apple ranks #838 out of 2438 companies in the Hardware industry, placing it in the top 34.4%.
Is Apple's Days Payable too high?
Apple's current Days Payable of 104.50 is near median its 10-year median of 106.75. Over the past 10 years, this metric has ranged from a low of 83.17 to a high of 115.20. The Hardware industry median Days Payable is 69.94. Apple's value of 104.50 is 49.4% above this industry median. Based on the distribution chart, Apple ranks #838 out of 2438 companies in the Hardware industry, which is above the industry midpoint. Overall, Apple has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Apple's Days Payable compare to SONO and VUZI?
According to the Hardware industry distribution chart, Apple ranks #838 out of 2438 companies for Days Payable. This puts Apple in the upper half of its industry. The industry median Days Payable is 69.94. Apple's value of 104.50 is 49.4% above this benchmark. Historically, Apple's own Days Payable has ranged from 83.17 to 115.20 over the past decade. While the company's 10-year median is 106.75 vs. the industry median of 69.94, Apple 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 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's current Days Payable of 104.50 is 49.4% 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 Apple and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple's current Days Payable is 104.50, which is near median its own 10-year median of 106.75. 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?
Apple (BOG:AAPLCO) has a current Days Payable of 104.50. The stock's GF Value™ is COP934,769.52, compared to a current price of COP965,980.00 — trading 3.3% above its estimated fair value. The current Days Payable is 104.50, which is near median its 10-year median of 106.75 and 49.4% above the Hardware industry median of 69.94. Apple's overall GF Score™ is 96/100 with 1 warning sign 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 (BOG:AAPLCO), the current Days Payable is 104.50 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 (BOG:AAPLCO) Overvalued in 2026?

Based on GuruFocus' analysis, Apple stock appears to be overvalued. The current stock price of COP965,980.00 is trading 3.3% above its estimated GF Value™ of COP934,769.52.

Key valuation signals for BOG:AAPLCO:

  • Days Payable: 104.50 (near median its 10-year median of 106.75)
  • GF Value™: COP934,769.52 vs. price of COP965,980.00 (3.3% above fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 49.4% above the Hardware median (#838 of 2438)

No single metric tells the full story. See the BOG:AAPLCO 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.
96GF Score

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

COP965,980.00
Price
COP934,769.52
GF Value