American Tower (MEX:AMT) Days Payable: 31.15 (As of Mar. 2026) — 21% Above Median


MEX:AMT American Tower Corp MEX:AMT
57 GF Score
Price MXN2,887.13
GF Value MXN3,658.64
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is American Tower Days Payable?

American Tower MEX:AMT -2.70% 57 Days Payable is 31.15 as of Mar. 2026, which is 21% above its 10-year median of 25.77. GuruFocus rates MEX:AMT with a GF Score™ of 57/100 and a GF Value™ of MXN3,658.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 548 REITs companies, American Tower ranks worse than 81.93% on this metric.

American Tower's average Accounts Payable for the three months ended in Mar. 2026 was MXN4,330 Mil. American Tower's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN12,682 Mil. Hence, American Tower's Days Payable for the three months ended in Mar. 2026 was 31.15.

The historical rank and industry rank for American Tower's Days Payable or its related term are showing as below:

MEX:AMT' s Days Payable Range Over the Past 10 Years
Min: 21.99   Med: 25.77   Max: 34.89
Current: 29.77

During the past 13 years, American Tower's highest Days Payable was 34.89. The lowest was 21.99. And the median was 25.77.

MEX:AMT's Days Payable is ranked worse than
81.93% of 548 companies
in the REITs industry
Industry Median: 119.45 vs MEX:AMT: 29.77

American Tower's Days Payable declined from Mar. 2025 (32.00) to Mar. 2026 (31.15). It may suggest that American Tower accelerated paying its suppliers.


American Tower Days Payable Historical Data

* Premium members only.

The historical data trend for American Tower'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.

American Tower Days Payable Chart

American Tower 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 27.71 35.89 35.79 31.57 35.78

American Tower 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 32.00 29.58 30.47 32.16 31.15

MEX:AMT vs DLR, EQIX, IRM: Days Payable Comparison

For the REIT - Specialty subindustry, American Tower'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.


American Tower Days Payable vs REITs Industry

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

* The bar in red indicates where American Tower's Days Payable falls into.


MEX:AMT
57GF Score
American Tower Corp MEX:AMT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Tower 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.

American Tower'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
=( (5022.053 + 4677.881) / 2 ) / 49481.464*365
=4849.967 / 49481.464*365
=35.78

American Tower'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
=( (4677.881 + 3981.62) / 2 ) / 12682.398*365 / 4
=4329.7505 / 12682.398*365 / 4
=31.15

* 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 31.15 mean?
American Tower (MEX:AMT) has a Days Payable of 31.15 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 American Tower and its competitors. This is 21% above median its historical median of 25.77. Over the past decade, American Tower's Days Payable has ranged from 21.99 to 34.89. According to the industry distribution chart, American Tower ranks #449 out of 548 companies in the REITs industry, placing it in the top 81.9%.
Is American Tower's Days Payable too high?
American Tower's current Days Payable of 31.15 is 21% above median its 10-year median of 25.77. Over the past 10 years, this metric has ranged from a low of 21.99 to a high of 34.89. The REITs industry median Days Payable is 119.45. American Tower's value of 31.15 is 73.9% below this industry median. Based on the distribution chart, American Tower ranks #449 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, American Tower has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Tower's Days Payable compare to DLR and EQIX?
According to the REITs industry distribution chart, American Tower ranks #449 out of 548 companies for Days Payable. This places American Tower in the lower half of its industry. The industry median Days Payable is 119.45. American Tower's value of 31.15 is 73.9% below this benchmark. Historically, American Tower's own Days Payable has ranged from 21.99 to 34.89 over the past decade. While the company's 10-year median is 25.77 vs. the industry median of 119.45, American Tower 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. American Tower's current Days Payable of 31.15 is 73.9% 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 American Tower 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. American Tower's current Days Payable is 31.15, which is 21% above median its own 10-year median of 25.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tower stock overvalued right now?
Based on GuruFocus' analysis, American Tower (MEX:AMT) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,658.64, compared to a current price of MXN2,887.13 — trading 21.1% below its estimated fair value. The current Days Payable is 31.15, which is 21% above median its 10-year median of 25.77 and 73.9% below the REITs industry median of 119.45. American Tower's overall GF Score™ is 57/100 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 American Tower (MEX:AMT), the current Days Payable is 31.15 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 American Tower (MEX:AMT) Overvalued in 2026?

Based on GuruFocus' analysis, American Tower stock appears to be undervalued. The current stock price of MXN2,887.13 is trading 21.1% below its estimated GF Value™ of MXN3,658.64. GuruFocus considers American Tower to be Modestly Undervalued.

Key valuation signals for MEX:AMT:

  • Days Payable: 31.15 (21% above median its 10-year median of 25.77)
  • GF Value™: MXN3,658.64 vs. price of MXN2,887.13 (21.1% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 73.9% below the REITs median (#449 of 548)

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


American Tower Business Description

Industry Real EstateREITs
Address 222 Berkeley Street, 7th Floor, Boston, MA, USA, 02116
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 30 data centers in 11 US markets through its CoreSite segment. The company's customer base in the tower business is very concentrated, with most revenue in each market generated by the top three or four mobile carriers. The company operates 42,000 towers in the US, which accounted for about half of total revenue in 2025. Outside the US, American Tower operates about 47,000 towers in Latin America (dominated by Brazil), 33,000 towers in Europe, and 28,000 towers in Africa. American Tower operates as a REIT.
57GF Score

Get the complete analysis for MEX:AMT

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

MXN2,887.13
Price
MXN3,658.64
GF Value