FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Days Payable: 28.12 (As of Dec. 2025) — Near Median


BSP:APXM11 FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
14 GF Score
Price R$64.80
! 2 Warning Signs
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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Days Payable?

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11 -1.82% 14 Days Payable is 28.12 as of Dec. 2025, which is at its 10-year median of 28.12. GuruFocus rates BSP:APXM11 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 549 REITs companies, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks worse than 83.97% on this metric.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's average Accounts Payable for the six months ended in Dec. 2025 was R$0.19 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Cost of Goods Sold for the six months ended in Dec. 2025 was R$2.45 Mil. Hence, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable for the six months ended in Dec. 2025 was 14.06.

The historical rank and industry rank for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable or its related term are showing as below:

BSP:APXM11' s Days Payable Range Over the Past 10 Years
Min: 6.69   Med: 28.12   Max: 37.55
Current: 28.12

During the past 4 years, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's highest Days Payable was 37.55. The lowest was 6.69. And the median was 28.12.

BSP:APXM11's Days Payable is ranked worse than
83.97% of 549 companies
in the REITs industry
Industry Median: 119.66 vs BSP:APXM11: 28.12

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable declined from Dec. 2023 (37.55) to Dec. 2025 (28.12). It may suggest that FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII accelerated paying its suppliers.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Days Payable Related Terms


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Days Payable Historical Data

* Premium members only.

The historical data trend for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII'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.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Days Payable Chart

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 37.55 6.69 28.12

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Days Payable 0.00 37.55 6.69 28.12

BSP:APXM11 vs SPG, O, KIM: Days Payable Comparison

For the REIT - Retail subindustry, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII'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.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable distribution charts can be found below:

* The bar in red indicates where FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable falls into.


BSP:APXM11
14GF Score
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII 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.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII'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
=( (-0.095 + 0.473) / 2 ) / 2.453*365
=0.189 / 2.453*365
=28.12

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (-0.095 + 0.473) / 2 ) / 2.453*365 / 2
=0.189 / 2.453*365 / 2
=14.06

* 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 28.12 mean?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) has a Days Payable of 28.12 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors. This is near median its historical median of 28.12. Over the past decade, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable has ranged from 6.69 to 37.55. According to the industry distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #461 out of 549 companies in the REITs industry, placing it in the top 84%.
Is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable too high?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Days Payable of 28.12 is near median its 10-year median of 28.12. Over the past 10 years, this metric has ranged from a low of 6.69 to a high of 37.55. The REITs industry median Days Payable is 119.66. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's value of 28.12 is 76.5% below this industry median. Based on the distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #461 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Days Payable compare to SPG and O?
According to the REITs industry distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #461 out of 549 companies for Days Payable. This places FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII in the lower half of its industry. The industry median Days Payable is 119.66. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's value of 28.12 is 76.5% below this benchmark. Historically, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's own Days Payable has ranged from 6.69 to 37.55 over the past decade. While the company's 10-year median is 28.12 vs. the industry median of 119.66, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII 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 119.66, 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. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Days Payable of 28.12 is 76.5% 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 FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors. For the REITs industry, the median Days Payable is 119.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Days Payable is 28.12, which is near median its own 10-year median of 28.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII stock overvalued right now?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) has a current Days Payable of 28.12. The current Days Payable is 28.12, which is near median its 10-year median of 28.12 and 76.5% below the REITs industry median of 119.66. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's overall GF Score™ is 14/100 with 2 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 FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11), the current Days Payable is 28.12 as of Dec. 2025. 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.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501 - 6th Floor (part, Torre Corcovado, RIO DE JANEIRO, RJ, BRA, 22250040
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII was established as a condominium. The Fund's objective is to invest in real estate ventures, in completed properties, land, or properties under construction intended for exploitation of commercial activities, especially, but not limited to, shopping centers.
14GF Score

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

R$64.80
Price