Tata Elxsi (BOM:500408) Days Payable: 16.38 (As of Jun. 2026) — 15% Below Median

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BOM:500408 Tata Elxsi Ltd BOM:500408
83 GF Score
Price ₹3,502.50
GF Value ₹6,741.95
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Tata Elxsi Days Payable?

Tata Elxsi BOM:500408 -0.99% 83 Days Payable is 16.38 as of Jun. 2026, which is 15% below its 10-year median of 19.18. GuruFocus rates BOM:500408 with a GF Score™ of 83/100 and a GF Value™ of ₹6,741.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,608 Software companies, Tata Elxsi ranks worse than 84.09% on this metric.

Tata Elxsi's average Accounts Payable for the three months ended in Jun. 2026 was ₹1,203 Mil. Tata Elxsi's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹6,704 Mil. Hence, Tata Elxsi's Days Payable for the three months ended in Jun. 2026 was 16.38.

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

BOM:500408' s Days Payable Range Over the Past 10 Years
Min: 16.91   Med: 19.18   Max: 30.18
Current: 16.95

During the past 13 years, Tata Elxsi's highest Days Payable was 30.18. The lowest was 16.91. And the median was 19.18.

BOM:500408's Days Payable is ranked worse than
84.09% of 2608 companies
in the Software industry
Industry Median: 52.785 vs BOM:500408: 16.95

Tata Elxsi's Days Payable declined from Jun. 2025 (18.84) to Jun. 2026 (16.38). It may suggest that Tata Elxsi accelerated paying its suppliers.


Tata Elxsi Days Payable Historical Data

* Premium members only.

The historical data trend for Tata Elxsi'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.

Tata Elxsi Days Payable Chart

Tata Elxsi Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.11 19.59 17.19 17.55 19.24

Tata Elxsi Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.84 16.38 16.27 17.22 16.38

BOM:500408 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Tata Elxsi'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.


Tata Elxsi Days Payable vs Software Industry

For the Software industry and Technology sector, Tata Elxsi's Days Payable distribution charts can be found below:

* The bar in red indicates where Tata Elxsi's Days Payable falls into.


BOM:500408
83GF Score
Tata Elxsi Ltd BOM:500408
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Elxsi 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.

Tata Elxsi's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1230.092 + 1203.477) / 2 ) / 23077.898*365
=1216.7845 / 23077.898*365
=19.24

Tata Elxsi's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1203.477 + 0) / 1 ) / 6704.18*365 / 4
=1203.477 / 6704.18*365 / 4
=16.38

* 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 16.38 mean?
Tata Elxsi (BOM:500408) has a Days Payable of 16.38 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tata Elxsi and its competitors. This is 15% below median its historical median of 19.18. Over the past decade, Tata Elxsi's Days Payable has ranged from 16.91 to 30.18. According to the industry distribution chart, Tata Elxsi ranks #2193 out of 2608 companies in the Software industry, placing it in the top 84.1%.
Is Tata Elxsi's Days Payable too high?
Tata Elxsi's current Days Payable of 16.38 is 15% below median its 10-year median of 19.18. Over the past 10 years, this metric has ranged from a low of 16.91 to a high of 30.18. The Software industry median Days Payable is 52.79. Tata Elxsi's value of 16.38 is 69% below this industry median. Based on the distribution chart, Tata Elxsi ranks #2193 out of 2608 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tata Elxsi has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Elxsi's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Tata Elxsi ranks #2193 out of 2608 companies for Days Payable. This places Tata Elxsi in the lower half of its industry. The industry median Days Payable is 52.79. Tata Elxsi's value of 16.38 is 69% below this benchmark. Historically, Tata Elxsi's own Days Payable has ranged from 16.91 to 30.18 over the past decade. While the company's 10-year median is 19.18 vs. the industry median of 52.79, Tata Elxsi 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,608 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. Tata Elxsi's current Days Payable of 16.38 is 69% 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 Tata Elxsi and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Elxsi's current Days Payable is 16.38, which is 15% below median its own 10-year median of 19.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Elxsi stock overvalued right now?
Based on GuruFocus' analysis, Tata Elxsi (BOM:500408) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹6,741.95, compared to a current price of ₹3,502.50 — trading 48% below its estimated fair value. The current Days Payable is 16.38, which is 15% below median its 10-year median of 19.18 and 69% below the Software industry median of 52.79. Tata Elxsi's overall GF Score™ is 83/100 with 3 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 Tata Elxsi (BOM:500408), the current Days Payable is 16.38 as of Jun. 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 Tata Elxsi (BOM:500408) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Elxsi stock appears to be undervalued. The current stock price of ₹3,502.50 is trading 48% below its estimated GF Value™ of ₹6,741.95. GuruFocus considers Tata Elxsi to be Significantly Undervalued.

Key valuation signals for BOM:500408:

  • Days Payable: 16.38 (15% below median its 10-year median of 19.18)
  • GF Value™: ₹6,741.95 vs. price of ₹3,502.50 (48% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 69% below the Software median (#2193 of 2608)

No single metric tells the full story. See the BOM:500408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tata Elxsi Business Description

Other Exchanges TATAELXSI:India
Address ITPB Road, Whitefield, Bengaluru, KA, IND, 560048
Tata Elxsi Ltd provides product design and engineering services to the consumer electronics, communications & transportation industries and systems integration and support services for enterprise customers. The company also provides digital content creation for media and entertainment industry. It operates across two segments to deliver design, engineering and technology solutions across industries: Software Development & Services (SDS) and Systems Integration & Support (SIS). The SDS segment generates maximum revenue for the company and provides end-to-end product engineering and digital services, supporting clients from concept and design to development, validation and deployment. Geographically, the company derives maximum revenue from Europe followed by India, USA, and Other regions.
83GF Score

Get the complete analysis for BOM:500408

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

₹3,502.50
Price
₹6,741.95
GF Value