Xchanging Solutions (BOM:532616) Days Payable: 48.10 (As of Mar. 2026) — 24% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:532616 Xchanging Solutions Ltd BOM:532616
69 GF Score
Price ₹64.77
GF Value ₹111.28
Valuation Significantly Undervalued
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What is Xchanging Solutions Days Payable?

Xchanging Solutions BOM:532616 -1.25% 69 Days Payable is 48.10 as of Mar. 2026, which is 24% below its 10-year median of 63.24. GuruFocus rates BOM:532616 with a GF Score™ of 69/100 and a GF Value™ of ₹111.28 (Significantly Undervalued). Among 2,608 Software companies, Xchanging Solutions ranks worse than 52.15% on this metric.

Xchanging Solutions's average Accounts Payable for the three months ended in Mar. 2026 was ₹155 Mil. Xchanging Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹293 Mil. Hence, Xchanging Solutions's Days Payable for the three months ended in Mar. 2026 was 48.10.

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

BOM:532616' s Days Payable Range Over the Past 10 Years
Min: 49.75   Med: 63.24   Max: 95.34
Current: 50.07

During the past 13 years, Xchanging Solutions's highest Days Payable was 95.34. The lowest was 49.75. And the median was 63.24.

BOM:532616's Days Payable is ranked worse than
52.15% of 2608 companies
in the Software industry
Industry Median: 52.785 vs BOM:532616: 50.07

Xchanging Solutions's Days Payable declined from Mar. 2025 (58.25) to Mar. 2026 (48.10). It may suggest that Xchanging Solutions accelerated paying its suppliers.


Xchanging Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Xchanging Solutions'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.

Xchanging Solutions Days Payable Chart

Xchanging Solutions Annual Data
Trend Mar16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.24 49.75 51.02 57.00 52.27

Xchanging Solutions 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 58.25 58.24 43.15 46.67 48.10

BOM:532616 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Xchanging Solutions'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.


Xchanging Solutions Days Payable vs Software Industry

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

* The bar in red indicates where Xchanging Solutions's Days Payable falls into.


BOM:532616
69GF Score
Xchanging Solutions Ltd BOM:532616
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xchanging Solutions 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.

Xchanging Solutions'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
=( (192.8 + 154.5) / 2 ) / 1212.6*365
=173.65 / 1212.6*365
=52.27

Xchanging Solutions'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
=( (0 + 154.5) / 1 ) / 293.1*365 / 4
=154.5 / 293.1*365 / 4
=48.10

* 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 48.10 mean?
Xchanging Solutions (BOM:532616) has a Days Payable of 48.10 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 Xchanging Solutions and its competitors. This is 24% below median its historical median of 63.24. Over the past decade, Xchanging Solutions' Days Payable has ranged from 49.75 to 95.34. According to the industry distribution chart, Xchanging Solutions ranks #1360 out of 2608 companies in the Software industry, placing it in the top 52.1%.
Is Xchanging Solutions' Days Payable too high?
Xchanging Solutions' current Days Payable of 48.10 is 24% below median its 10-year median of 63.24. Over the past 10 years, this metric has ranged from a low of 49.75 to a high of 95.34. The Software industry median Days Payable is 52.79. Xchanging Solutions' value of 48.10 is 8.9% below this industry median. Based on the distribution chart, Xchanging Solutions ranks #1360 out of 2608 companies in the Software industry, which is below the industry midpoint. Overall, Xchanging Solutions has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xchanging Solutions' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Xchanging Solutions ranks #1360 out of 2608 companies for Days Payable. This places Xchanging Solutions in the lower half of its industry. The industry median Days Payable is 52.79. Xchanging Solutions' value of 48.10 is 8.9% below this benchmark. Historically, Xchanging Solutions' own Days Payable has ranged from 49.75 to 95.34 over the past decade. While the company's 10-year median is 63.24 vs. the industry median of 52.79, Xchanging Solutions 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. Xchanging Solutions's current Days Payable of 48.10 is 8.9% 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 Xchanging Solutions 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. Xchanging Solutions's current Days Payable is 48.10, which is 24% below median its own 10-year median of 63.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xchanging Solutions stock overvalued right now?
Based on GuruFocus' analysis, Xchanging Solutions (BOM:532616) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹111.28, compared to a current price of ₹64.77 — trading 41.8% below its estimated fair value. The current Days Payable is 48.10, which is 24% below median its 10-year median of 63.24 and 8.9% below the Software industry median of 52.79. Xchanging Solutions' overall GF Score™ is 69/100. 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 Xchanging Solutions (BOM:532616), the current Days Payable is 48.10 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 Xchanging Solutions (BOM:532616) Overvalued in 2026?

Based on GuruFocus' analysis, Xchanging Solutions stock appears to be undervalued. The current stock price of ₹64.77 is trading 41.8% below its estimated GF Value™ of ₹111.28. GuruFocus considers Xchanging Solutions to be Significantly Undervalued.

Key valuation signals for BOM:532616:

  • Days Payable: 48.10 (24% below median its 10-year median of 63.24)
  • GF Value™: ₹111.28 vs. price of ₹64.77 (41.8% below fair value)
  • GF Score™: 69/100
  • Industry Position: 8.9% below the Software median (#1360 of 2608)

No single metric tells the full story. See the BOM:532616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xchanging Solutions Business Description

Other Exchanges XCHANGING:India
Address Hosur Main Road, HP Avenue, 39/40, Electronic City, Bengaluru, KA, IND, 560 100
Xchanging Solutions Ltd is an Information Technology company. The company serves Healthcare, Life Sciences, Insurance, Travel, Transportation and Hospitality, Banking and Capital Markets, Aerospace and Defense, Energy, Utilities, Oil and Gas, and others. Its services include Analytics, Application Services, Business Process Services, Cloud and Platform Services, Consulting, Enterprise and Cloud Apps, Internet of Things (IoT), Security, and others. Geographically, it derives a majority of its revenue from the USA and also has a presence in Europe, India, Singapore, and the Rest of the World.
69GF Score

Get the complete analysis for BOM:532616

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

₹64.77
Price
₹111.28
GF Value