Essex Property Trust (BSP:E1SS34) Days Payable: 143.31 (As of Mar. 2026) — 45% Below Median


BSP:E1SS34 Essex Property Trust Inc BSP:E1SS34
70 GF Score
Price R$153.82
GF Value R$143.79
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is Essex Property Trust Days Payable?

Essex Property Trust BSP:E1SS34 70 Days Payable is 143.31 as of Mar. 2026, which is 45% below its 10-year median of 260.59. GuruFocus rates BSP:E1SS34 with a GF Score™ of 70/100 and a GF Value™ of R$143.79 (Fairly Valued). The stock has 12 warning signs investors should review. Among 548 REITs companies, Essex Property Trust ranks better than 56.39% on this metric.

Essex Property Trust's average Accounts Payable for the three months ended in Mar. 2026 was R$1,270 Mil. Essex Property Trust's Cost of Goods Sold for the three months ended in Mar. 2026 was R$809 Mil. Hence, Essex Property Trust's Days Payable for the three months ended in Mar. 2026 was 143.31.

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

BSP:E1SS34' s Days Payable Range Over the Past 10 Years
Min: 117.42   Med: 260.59   Max: 290.71
Current: 137.02

During the past 13 years, Essex Property Trust's highest Days Payable was 290.71. The lowest was 117.42. And the median was 260.59.

BSP:E1SS34's Days Payable is ranked better than
56.39% of 548 companies
in the REITs industry
Industry Median: 119.45 vs BSP:E1SS34: 137.02

Essex Property Trust's Days Payable increased from Mar. 2025 (138.43) to Mar. 2026 (143.31). It may suggest that Essex Property Trust delayed paying its suppliers.


Essex Property Trust Days Payable Historical Data

* Premium members only.

The historical data trend for Essex Property Trust'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.

Essex Property Trust Days Payable Chart

Essex Property Trust 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 269.49 129.45 121.43 113.93 137.85

Essex Property Trust 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 138.43 132.94 130.70 138.80 143.31

BSP:E1SS34 vs INVH, MAA, SUI: Days Payable Comparison

For the REIT - Residential subindustry, Essex Property Trust'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.


Essex Property Trust Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Essex Property Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's Days Payable falls into.


BSP:E1SS34
70GF Score
Essex Property Trust Inc BSP:E1SS34
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essex Property Trust 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.

Essex Property Trust'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
=( (1297.969 + 1207.625) / 2 ) / 3317.273*365
=1252.797 / 3317.273*365
=137.85

Essex Property Trust'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
=( (1207.625 + 1332.727) / 2 ) / 808.779*365 / 4
=1270.176 / 808.779*365 / 4
=143.31

* 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 143.31 mean?
Essex Property Trust (BSP:E1SS34) has a Days Payable of 143.31 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 Essex Property Trust and its competitors. This is 45% below median its historical median of 260.59. Over the past decade, Essex Property Trust's Days Payable has ranged from 117.42 to 290.71. According to the industry distribution chart, Essex Property Trust ranks #239 out of 548 companies in the REITs industry, placing it in the top 43.6%.
Is Essex Property Trust's Days Payable too high?
Essex Property Trust's current Days Payable of 143.31 is 45% below median its 10-year median of 260.59. Over the past 10 years, this metric has ranged from a low of 117.42 to a high of 290.71. The REITs industry median Days Payable is 119.45. Essex Property Trust's value of 143.31 is 20% above this industry median. Based on the distribution chart, Essex Property Trust ranks #239 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, Essex Property Trust has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Essex Property Trust's Days Payable compare to INVH and MAA?
According to the REITs industry distribution chart, Essex Property Trust ranks #239 out of 548 companies for Days Payable. This puts Essex Property Trust in the upper half of its industry. The industry median Days Payable is 119.45. Essex Property Trust's value of 143.31 is 20% above this benchmark. Historically, Essex Property Trust's own Days Payable has ranged from 117.42 to 290.71 over the past decade. While the company's 10-year median is 260.59 vs. the industry median of 119.45, Essex Property Trust 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 REITs company?
The median Days Payable among REITs companies is 119.45, based on 548 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. Essex Property Trust's current Days Payable of 143.31 is 20% 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 Essex Property Trust and its competitors. For the REITs industry, the median Days Payable is 119.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essex Property Trust's current Days Payable is 143.31, which is 45% below median its own 10-year median of 260.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essex Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Essex Property Trust (BSP:E1SS34) is currently considered Fairly Valued. The stock's GF Value™ is R$143.79, compared to a current price of R$153.82 — trading 7% above its estimated fair value. The current Days Payable is 143.31, which is 45% below median its 10-year median of 260.59 and 20% above the REITs industry median of 119.45. Essex Property Trust's overall GF Score™ is 70/100 with 12 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 Essex Property Trust (BSP:E1SS34), the current Days Payable is 143.31 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 Essex Property Trust (BSP:E1SS34) Overvalued in 2026?

Based on GuruFocus' analysis, Essex Property Trust stock appears to be overvalued. The current stock price of R$153.82 is trading 7% above its estimated GF Value™ of R$143.79. GuruFocus considers Essex Property Trust to be Fairly Valued.

Key valuation signals for BSP:E1SS34:

  • Days Payable: 143.31 (45% below median its 10-year median of 260.59)
  • GF Value™: R$143.79 vs. price of R$153.82 (7% above fair value)
  • GF Score™: 70/100 with 12 warning signs
  • Industry Position: 20% above the REITs median (#239 of 548)

No single metric tells the full story. See the BSP:E1SS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Essex Property Trust Business Description

Industry Real EstateREITs
Other Exchanges ESS:USA0IIR:UKEXP:Germany
Address 1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 259 apartment communities with over 63,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
70GF Score

Get the complete analysis for BSP:E1SS34

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

R$153.82
Price
R$143.79
GF Value