GLPI (Gaming and Leisure Properties) Days Payable: 44.62 (As of Mar. 2026) — 92% Above Median


GLPI Gaming and Leisure Properties Inc GLPI
86 GF Score
Price $45.38
GF Value $49.74
Valuation Fairly Valued
! 5 Warning Signs
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What is Gaming and Leisure Properties Days Payable?

Gaming and Leisure Properties GLPI +1.50% 86 Days Payable is 44.62 as of Mar. 2026, which is 92% above its 10-year median of 23.23. GuruFocus rates GLPI with a GF Score™ of 86/100 and a GF Value™ of $49.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 549 REITs companies, Gaming and Leisure Properties ranks worse than 77.23% on this metric.

Gaming and Leisure Properties's average Accounts Payable for the three months ended in Mar. 2026 was $7 Mil. Gaming and Leisure Properties's Cost of Goods Sold for the three months ended in Mar. 2026 was $14 Mil. Hence, Gaming and Leisure Properties's Days Payable for the three months ended in Mar. 2026 was 44.62.

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

GLPI' s Days Payable Range Over the Past 10 Years
Min: 1.63   Med: 23.23   Max: 244.41
Current: 39.82

During the past 13 years, Gaming and Leisure Properties's highest Days Payable was 244.41. The lowest was 1.63. And the median was 23.23.

GLPI's Days Payable is ranked worse than
77.23% of 549 companies
in the REITs industry
Industry Median: 119.76 vs GLPI: 39.82

Gaming and Leisure Properties's Days Payable increased from Mar. 2025 (35.00) to Mar. 2026 (44.62). It may suggest that Gaming and Leisure Properties delayed paying its suppliers.


Gaming and Leisure Properties Days Payable Historical Data

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The historical data trend for Gaming and Leisure Properties'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.

Gaming and Leisure Properties Days Payable Chart

Gaming and Leisure Properties 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 129.00 244.41 53.93 49.05 40.98

Gaming and Leisure Properties 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 35.00 33.25 40.60 43.10 44.62

GLPI vs LAMR, WY, RYN: Days Payable Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties'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.


Gaming and Leisure Properties Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Days Payable distribution charts can be found below:

* The bar in red indicates where Gaming and Leisure Properties's Days Payable falls into.


GLPI
86GF Score
Gaming and Leisure Properties Inc GLPI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gaming and Leisure Properties 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.

Gaming and Leisure Properties'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
=( (5.802 + 6.641) / 2 ) / 55.408*365
=6.2215 / 55.408*365
=40.98

Gaming and Leisure Properties'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
=( (6.641 + 6.853) / 2 ) / 13.798*365 / 4
=6.747 / 13.798*365 / 4
=44.62

* 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 44.62 mean?
Gaming and Leisure Properties (GLPI) has a Days Payable of 44.62 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 Gaming and Leisure Properties and its competitors. This is 92% above median its historical median of 23.23. Over the past decade, Gaming and Leisure Properties' Days Payable has ranged from 1.63 to 244.41. According to the industry distribution chart, Gaming and Leisure Properties ranks #424 out of 549 companies in the REITs industry, placing it in the top 77.2%.
Is Gaming and Leisure Properties' Days Payable too high?
Gaming and Leisure Properties' current Days Payable of 44.62 is 92% above median its 10-year median of 23.23. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 244.41. The REITs industry median Days Payable is 119.76. Gaming and Leisure Properties' value of 44.62 is 62.7% below this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #424 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Gaming and Leisure Properties has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Days Payable compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #424 out of 549 companies for Days Payable. This places Gaming and Leisure Properties in the lower half of its industry. The industry median Days Payable is 119.76. Gaming and Leisure Properties' value of 44.62 is 62.7% below this benchmark. Historically, Gaming and Leisure Properties' own Days Payable has ranged from 1.63 to 244.41 over the past decade. While the company's 10-year median is 23.23 vs. the industry median of 119.76, Gaming and Leisure Properties 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. Gaming and Leisure Properties's current Days Payable of 44.62 is 62.7% 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 Gaming and Leisure Properties 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. Gaming and Leisure Properties's current Days Payable is 44.62, which is 92% above median its own 10-year median of 23.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming and Leisure Properties stock overvalued right now?
Based on GuruFocus' analysis, Gaming and Leisure Properties (GLPI) is currently considered Fairly Valued. The stock's GF Value™ is $49.74, compared to a current price of $45.38 — trading 8.8% below its estimated fair value. The current Days Payable is 44.62, which is 92% above median its 10-year median of 23.23 and 62.7% below the REITs industry median of 119.76. Gaming and Leisure Properties' overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Days Payable is 44.62 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 Gaming and Leisure Properties (GLPI) Overvalued in 2026?

Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued. The current stock price of $45.38 is trading 8.8% below its estimated GF Value™ of $49.74. GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.

Key valuation signals for GLPI:

  • Days Payable: 44.62 (92% above median its 10-year median of 23.23)
  • GF Value™: $49.74 vs. price of $45.38 (8.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 62.7% below the REITs median (#424 of 549)

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


Gaming and Leisure Properties Business Description

Industry Real EstateREITs
Other Exchanges 2GL:GermanyG1AM34:Brazil
Address 845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). It is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. Its portfolio consists of gaming and related facilities and amenities such as Ameristar Black Hawk, Bally's Casino, Argosy Casino Alton, Bally's Chicago, Hollywood Casino Aurora, and others located across different states in the United States.
86GF Score

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

$45.38
Price
$49.74
GF Value