Tech Mahindra (BOM:532755) Days Payable: 47.57 (As of Jun. 2026) — 21% Above Median

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BOM:532755 Tech Mahindra Ltd BOM:532755
82 GF Score
Price ₹1,570.50
GF Value ₹1,603.47
Valuation Fairly Valued
! 4 Warning Signs
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What is Tech Mahindra Days Payable?

Tech Mahindra BOM:532755 +3.91% 82 Days Payable is 47.57 as of Jun. 2026, which is 21% above its 10-year median of 39.25. GuruFocus rates BOM:532755 with a GF Score™ of 82/100 and a GF Value™ of ₹1,603.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,608 Software companies, Tech Mahindra ranks worse than 55.37% on this metric.

Tech Mahindra's average Accounts Payable for the three months ended in Jun. 2026 was ₹50,400 Mil. Tech Mahindra's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹96,675 Mil. Hence, Tech Mahindra's Days Payable for the three months ended in Jun. 2026 was 47.57.

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

BOM:532755' s Days Payable Range Over the Past 10 Years
Min: 32.43   Med: 39.25   Max: 45
Current: 45

During the past 13 years, Tech Mahindra's highest Days Payable was 45.00. The lowest was 32.43. And the median was 39.25.

BOM:532755's Days Payable is ranked worse than
55.37% of 2608 companies
in the Software industry
Industry Median: 52.785 vs BOM:532755: 45.00

Tech Mahindra's Days Payable increased from Jun. 2025 (45.69) to Jun. 2026 (47.57). It may suggest that Tech Mahindra delayed paying its suppliers.


Tech Mahindra Days Payable Historical Data

* Premium members only.

The historical data trend for Tech Mahindra'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.

Tech Mahindra Days Payable Chart

Tech Mahindra 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 40.07 39.97 38.20 38.53 42.28

Tech Mahindra 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 45.69 44.21 44.05 47.95 47.57

BOM:532755 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Tech Mahindra'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.


Tech Mahindra Days Payable vs Software Industry

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

* The bar in red indicates where Tech Mahindra's Days Payable falls into.


BOM:532755
82GF Score
Tech Mahindra Ltd BOM:532755
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tech Mahindra 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.

Tech Mahindra'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
=( (44108 + 50400) / 2 ) / 407939*365
=47254 / 407939*365
=42.28

Tech Mahindra'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
=( (50400 + 0) / 1 ) / 96675*365 / 4
=50400 / 96675*365 / 4
=47.57

* 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 47.57 mean?
Tech Mahindra (BOM:532755) has a Days Payable of 47.57 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 Tech Mahindra and its competitors. This is 21% above median its historical median of 39.25. Over the past decade, Tech Mahindra's Days Payable has ranged from 32.43 to 45.00. According to the industry distribution chart, Tech Mahindra ranks #1444 out of 2608 companies in the Software industry, placing it in the top 55.4%.
Is Tech Mahindra's Days Payable too high?
Tech Mahindra's current Days Payable of 47.57 is 21% above median its 10-year median of 39.25. Over the past 10 years, this metric has ranged from a low of 32.43 to a high of 45.00. The Software industry median Days Payable is 52.79. Tech Mahindra's value of 47.57 is 9.9% below this industry median. Based on the distribution chart, Tech Mahindra ranks #1444 out of 2608 companies in the Software industry, which is below the industry midpoint. Overall, Tech Mahindra has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tech Mahindra's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Tech Mahindra ranks #1444 out of 2608 companies for Days Payable. This places Tech Mahindra in the lower half of its industry. The industry median Days Payable is 52.79. Tech Mahindra's value of 47.57 is 9.9% below this benchmark. Historically, Tech Mahindra's own Days Payable has ranged from 32.43 to 45.00 over the past decade. While the company's 10-year median is 39.25 vs. the industry median of 52.79, Tech Mahindra 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. Tech Mahindra's current Days Payable of 47.57 is 9.9% 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 Tech Mahindra 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. Tech Mahindra's current Days Payable is 47.57, which is 21% above median its own 10-year median of 39.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech Mahindra stock overvalued right now?
Based on GuruFocus' analysis, Tech Mahindra (BOM:532755) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,603.47, compared to a current price of ₹1,570.50 — trading 2.1% below its estimated fair value. The current Days Payable is 47.57, which is 21% above median its 10-year median of 39.25 and 9.9% below the Software industry median of 52.79. Tech Mahindra's overall GF Score™ is 82/100 with 4 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 Tech Mahindra (BOM:532755), the current Days Payable is 47.57 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 Tech Mahindra (BOM:532755) Overvalued in 2026?

Based on GuruFocus' analysis, Tech Mahindra stock appears to be undervalued. The current stock price of ₹1,570.50 is trading 2.1% below its estimated GF Value™ of ₹1,603.47. GuruFocus considers Tech Mahindra to be Fairly Valued.

Key valuation signals for BOM:532755:

  • Days Payable: 47.57 (21% above median its 10-year median of 39.25)
  • GF Value™: ₹1,603.47 vs. price of ₹1,570.50 (2.1% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 9.9% below the Software median (#1444 of 2608)

No single metric tells the full story. See the BOM:532755 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tech Mahindra Business Description

Other Exchanges TECHM:India
Address Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Process Services. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company generates the majority of its revenue from Communications & Media & Entertainment Industry. Geographically the company generates the majority of its revenue from the Americas.
82GF Score

Get the complete analysis for BOM:532755

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

₹1,570.50
Price
₹1,603.47
GF Value