Simon Property Group (LIM:SPG) Days Payable: 480.84 (As of Mar. 2026) — Near Median


LIM:SPG Simon Property Group Inc LIM:SPG
79 GF Score
Price $184.20
GF Value $146.52
! 8 Warning Signs
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What is Simon Property Group Days Payable?

Simon Property Group LIM:SPG 79 Days Payable is 480.84 as of Mar. 2026, which is 8% below its 10-year median of 524.60. GuruFocus rates LIM:SPG with a GF Score™ of 79/100 and a GF Value™ of $146.52. The stock has 8 warning signs investors should review. Among 549 REITs companies, Simon Property Group ranks better than 88.16% on this metric.

Simon Property Group's average Accounts Payable for the three months ended in Mar. 2026 was $1,828 Mil. Simon Property Group's Cost of Goods Sold for the three months ended in Mar. 2026 was $347 Mil. Hence, Simon Property Group's Days Payable for the three months ended in Mar. 2026 was 480.84.

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

LIM:SPG' s Days Payable Range Over the Past 10 Years
Min: 462.4   Med: 524.6   Max: 595.68
Current: 513.14

During the past 13 years, Simon Property Group's highest Days Payable was 595.68. The lowest was 462.40. And the median was 524.60.

LIM:SPG's Days Payable is ranked better than
88.16% of 549 companies
in the REITs industry
Industry Median: 119.66 vs LIM:SPG: 513.14

Simon Property Group's Days Payable declined from Mar. 2025 (532.01) to Mar. 2026 (480.84). It may suggest that Simon Property Group accelerated paying its suppliers.


Simon Property Group Days Payable Historical Data

* Premium members only.

The historical data trend for Simon Property Group'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.

Simon Property Group Days Payable Chart

Simon Property Group 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 515.92 533.27 565.19 595.68 580.90

Simon Property Group 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 532.01 580.40 514.53 521.15 480.84

LIM:SPG vs O, KIM, REG: Days Payable Comparison

For the REIT - Retail subindustry, Simon Property Group'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.


Simon Property Group Days Payable vs REITs Industry

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

* The bar in red indicates where Simon Property Group's Days Payable falls into.


LIM:SPG
79GF Score
Simon Property Group Inc LIM:SPG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Simon Property Group 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.

Simon Property Group'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
=( (1712.465 + 1954.402) / 2 ) / 1152.018*365
=1833.4335 / 1152.018*365
=580.90

Simon Property Group'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
=( (1954.402 + 1701.757) / 2 ) / 346.92*365 / 4
=1828.0795 / 346.92*365 / 4
=480.84

* 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 480.84 mean?
Simon Property Group (LIM:SPG) has a Days Payable of 480.84 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 Simon Property Group and its competitors. This is near median its historical median of 524.60. Over the past decade, Simon Property Group's Days Payable has ranged from 462.40 to 595.68. According to the industry distribution chart, Simon Property Group ranks #65 out of 549 companies in the REITs industry, placing it in the top 11.8%.
Is Simon Property Group's Days Payable too high?
Simon Property Group's current Days Payable of 480.84 is near median its 10-year median of 524.60. Over the past 10 years, this metric has ranged from a low of 462.40 to a high of 595.68. The REITs industry median Days Payable is 119.66. Simon Property Group's value of 480.84 is 301.8% above this industry median. Based on the distribution chart, Simon Property Group ranks #65 out of 549 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Simon Property Group has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's Days Payable compare to O and KIM?
According to the REITs industry distribution chart, Simon Property Group ranks #65 out of 549 companies for Days Payable. This places Simon Property Group in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.66. Simon Property Group's value of 480.84 is 301.8% above this benchmark. Historically, Simon Property Group's own Days Payable has ranged from 462.40 to 595.68 over the past decade. While the company's 10-year median is 524.60 vs. the industry median of 119.66, Simon Property Group 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 119.66, 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. Simon Property Group's current Days Payable of 480.84 is 301.8% 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 Simon Property Group 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. Simon Property Group's current Days Payable is 480.84, which is near median its own 10-year median of 524.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simon Property Group stock overvalued right now?
Simon Property Group (LIM:SPG) has a current Days Payable of 480.84. The stock's GF Value™ is $146.52, compared to a current price of $184.20 — trading 25.7% above its estimated fair value. The current Days Payable is 480.84, which is near median its 10-year median of 524.60 and 301.8% above the REITs industry median of 119.66. Simon Property Group's overall GF Score™ is 79/100 with 8 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 Simon Property Group (LIM:SPG), the current Days Payable is 480.84 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 Simon Property Group (LIM:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Simon Property Group stock appears to be overvalued. The current stock price of $184.20 is trading 25.7% above its estimated GF Value™ of $146.52.

Key valuation signals for LIM:SPG:

  • Days Payable: 480.84 (near median its 10-year median of 524.60)
  • GF Value™: $146.52 vs. price of $184.20 (25.7% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 301.8% above the REITs median (#65 of 549)

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


Simon Property Group Business Description

Industry Real EstateREITs
Address 225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
79GF Score

Get the complete analysis for LIM:SPG

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

$184.20
Price
$146.52
GF Value