Independence Realty TrustIRT -1.04%72 Days Payable is 114.46 as of Mar. 2026, which is 0% above its 10-year median of 114.07. GuruFocus rates IRT with a GF Score™ of 72/100 and a GF Value™ of $17.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 548 REITs companies, Independence Realty Trust ranks better than 54.2% on this metric.
* 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.
For the REIT - Residential subindustry, Independence Realty 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.
Independence Realty Trust Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's Days Payable distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's Days Payable falls into.
Independence Realty 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.
Independence Realty Trust's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Independence Realty Trust (IRT) has a Days Payable of 114.46 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 Independence Realty Trust and its competitors. This is near median its historical median of 114.07. Over the past decade, Independence Realty Trust's Days Payable has ranged from 80.63 to 233.91. According to the industry distribution chart, Independence Realty Trust ranks #251 out of 548 companies in the REITs industry, placing it in the top 45.8%.
Is Independence Realty Trust's Days Payable too high?
Independence Realty Trust's current Days Payable of 114.46 is near median its 10-year median of 114.07. Over the past 10 years, this metric has ranged from a low of 80.63 to a high of 233.91. The REITs industry median Days Payable is 119.45. Independence Realty Trust's value of 114.46 is 4.2% below this industry median. Based on the distribution chart, Independence Realty Trust ranks #251 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, Independence Realty Trust has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's Days Payable compare to MRP and JAN?
According to the REITs industry distribution chart, Independence Realty Trust ranks #251 out of 548 companies for Days Payable. This puts Independence Realty Trust in the upper half of its industry. The industry median Days Payable is 119.45. Independence Realty Trust's value of 114.46 is 4.2% below this benchmark. Historically, Independence Realty Trust's own Days Payable has ranged from 80.63 to 233.91 over the past decade. While the company's 10-year median is 114.07 vs. the industry median of 119.45, Independence Realty Trust 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 119.45, 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. Independence Realty Trust's current Days Payable of 114.46 is 4.2% 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 Independence Realty 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. Independence Realty Trust's current Days Payable is 114.46, which is near median its own 10-year median of 114.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Independence Realty Trust (IRT) is currently considered Fairly Valued. The stock's GF Value™ is $17.12, compared to a current price of $17.15 — trading 0.2% above its estimated fair value. The current Days Payable is 114.46, which is near median its 10-year median of 114.07 and 4.2% below the REITs industry median of 119.45. Independence Realty Trust's overall GF Score™ is 72/100 with 6 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 Independence Realty Trust (IRT), the current Days Payable is 114.46 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 Independence Realty Trust (IRT) Overvalued in 2026?
Based on GuruFocus' analysis, Independence Realty Trust stock appears to be overvalued.
The current stock price of $17.15 is trading 0.2% above its estimated GF Value™ of $17.12.
GuruFocus considers Independence Realty Trust to be Fairly Valued.
Key valuation signals for IRT:
Days Payable: 114.46 (near median its 10-year median of 114.07)
GF Value™: $17.12 vs. price of $17.15 (0.2% above fair value)
Industry Position: 4.2% below the REITs median (#251 of 548)
No single metric tells the full story. See the IRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
72GF Score
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