Extra Space Storage (MEX:EXR) Days Payable: 130.35 (As of Mar. 2026) — Near Median


MEX:EXR Extra Space Storage Inc MEX:EXR
92 GF Score
Price MXN2,607.33
GF Value MXN2,598.77
! 9 Warning Signs
View Full Analysis

What is Extra Space Storage Days Payable?

Extra Space Storage MEX:EXR 92 Days Payable is 130.35 as of Mar. 2026, which is 5% above its 10-year median of 124.31. GuruFocus rates MEX:EXR with a GF Score™ of 92/100 and a GF Value™ of MXN2,598.77. The stock has 9 warning signs investors should review. Among 548 REITs companies, Extra Space Storage ranks better than 58.39% on this metric.

Extra Space Storage's average Accounts Payable for the three months ended in Mar. 2026 was MXN6,599 Mil. Extra Space Storage's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN4,619 Mil. Hence, Extra Space Storage's Days Payable for the three months ended in Mar. 2026 was 130.35.

The historical rank and industry rank for Extra Space Storage's Days Payable or its related term are showing as below:

MEX:EXR' s Days Payable Range Over the Past 10 Years
Min: 106.3   Med: 124.31   Max: 145.84
Current: 145.84

During the past 13 years, Extra Space Storage's highest Days Payable was 145.84. The lowest was 106.30. And the median was 124.31.

MEX:EXR's Days Payable is ranked better than
58.39% of 548 companies
in the REITs industry
Industry Median: 119.835 vs MEX:EXR: 145.84

Extra Space Storage's Days Payable declined from Mar. 2025 (135.10) to Mar. 2026 (130.35). It may suggest that Extra Space Storage accelerated paying its suppliers.


Extra Space Storage Days Payable Historical Data

* Premium members only.

The historical data trend for Extra Space Storage'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.

Extra Space Storage Days Payable Chart

Extra Space Storage 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 123.02 125.09 144.63 124.72 140.33

Extra Space Storage 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 135.10 154.59 166.18 154.10 130.35

MEX:EXR vs EGP, LINE, CUBE: Days Payable Comparison

For the REIT - Industrial subindustry, Extra Space Storage'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.


Extra Space Storage Days Payable vs REITs Industry

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

* The bar in red indicates where Extra Space Storage's Days Payable falls into.


MEX:EXR
92GF Score
Extra Space Storage Inc MEX:EXR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Extra Space Storage 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.

Extra Space Storage'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
=( (7226.896 + 6438.532) / 2 ) / 17772.004*365
=6832.714 / 17772.004*365
=140.33

Extra Space Storage'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
=( (6438.532 + 6758.908) / 2 ) / 4619.437*365 / 4
=6598.72 / 4619.437*365 / 4
=130.35

* 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 130.35 mean?
Extra Space Storage (MEX:EXR) has a Days Payable of 130.35 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 Extra Space Storage and its competitors. This is near median its historical median of 124.31. Over the past decade, Extra Space Storage's Days Payable has ranged from 106.30 to 145.84. According to the industry distribution chart, Extra Space Storage ranks #228 out of 548 companies in the REITs industry, placing it in the top 41.6%.
Is Extra Space Storage's Days Payable too high?
Extra Space Storage's current Days Payable of 130.35 is near median its 10-year median of 124.31. Over the past 10 years, this metric has ranged from a low of 106.30 to a high of 145.84. The REITs industry median Days Payable is 119.84. Extra Space Storage's value of 130.35 is 8.8% above this industry median. Based on the distribution chart, Extra Space Storage ranks #228 out of 548 companies in the REITs industry, which is above the industry midpoint. Overall, Extra Space Storage has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Days Payable compare to EGP and LINE?
According to the REITs industry distribution chart, Extra Space Storage ranks #228 out of 548 companies for Days Payable. This puts Extra Space Storage in the upper half of its industry. The industry median Days Payable is 119.84. Extra Space Storage's value of 130.35 is 8.8% above this benchmark. Historically, Extra Space Storage's own Days Payable has ranged from 106.30 to 145.84 over the past decade. While the company's 10-year median is 124.31 vs. the industry median of 119.84, Extra Space Storage 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 119.84, 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. Extra Space Storage's current Days Payable of 130.35 is 8.8% 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 Extra Space Storage and its competitors. For the REITs industry, the median Days Payable is 119.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extra Space Storage's current Days Payable is 130.35, which is near median its own 10-year median of 124.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Extra Space Storage (MEX:EXR) has a current Days Payable of 130.35. The stock's GF Value™ is MXN2,598.77, compared to a current price of MXN2,607.33 — trading 0.3% above its estimated fair value. The current Days Payable is 130.35, which is near median its 10-year median of 124.31 and 8.8% above the REITs industry median of 119.84. Extra Space Storage's overall GF Score™ is 92/100 with 9 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 Extra Space Storage (MEX:EXR), the current Days Payable is 130.35 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 Extra Space Storage (MEX:EXR) Overvalued in 2026?

Based on GuruFocus' analysis, Extra Space Storage stock appears to be overvalued. The current stock price of MXN2,607.33 is trading 0.3% above its estimated GF Value™ of MXN2,598.77.

Key valuation signals for MEX:EXR:

  • Days Payable: 130.35 (near median its 10-year median of 124.31)
  • GF Value™: MXN2,598.77 vs. price of MXN2,607.33 (0.3% above fair value)
  • GF Score™: 92/100 with 9 warning signs
  • Industry Position: 8.8% above the REITs median (#228 of 548)

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


Extra Space Storage Business Description

Industry Real EstateREITs
Other Exchanges EXR:USA0IJV:UKFG8:Germany
Address 2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT, USA, 84121
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
92GF Score

Get the complete analysis for MEX:EXR

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

MXN2,607.33
Price
MXN2,598.77
GF Value