National Securities Depository (BOM:544467) Days Payable: 247.48 (As of Jun. 2026) — 94% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544467 National Securities Depository Ltd BOM:544467
47 GF Score
Price ₹821.20
! 2 Warning Signs
View Full Analysis

What is National Securities Depository Days Payable?

National Securities Depository BOM:544467 +0.05% 47 Days Payable is 247.48 as of Jun. 2026, which is 94% above its 10-year median of 127.67. GuruFocus rates BOM:544467 with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 540 Capital Markets companies, National Securities Depository ranks better than 62.59% on this metric.

National Securities Depository's average Accounts Payable for the three months ended in Jun. 2026 was ₹1,465 Mil. National Securities Depository's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹540 Mil. Hence, National Securities Depository's Days Payable for the three months ended in Jun. 2026 was 247.48.

The historical rank and industry rank for National Securities Depository's Days Payable or its related term are showing as below:

BOM:544467' s Days Payable Range Over the Past 10 Years
Min: 87.13   Med: 127.67   Max: 237.92
Current: 222.43

During the past 6 years, National Securities Depository's highest Days Payable was 237.92. The lowest was 87.13. And the median was 127.67.

BOM:544467's Days Payable is ranked better than
62.59% of 540 companies
in the Capital Markets industry
Industry Median: 92.71 vs BOM:544467: 222.43

National Securities Depository's Days Payable increased from Jun. 2025 (212.37) to Jun. 2026 (247.48). It may suggest that National Securities Depository delayed paying its suppliers.


National Securities Depository Days Payable Historical Data

* Premium members only.

The historical data trend for National Securities Depository'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.

National Securities Depository Days Payable Chart

National Securities Depository Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 87.13 115.39 139.95 209.28 237.92

National Securities Depository Quarterly Data
Mar21 Mar22 Mar23 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 212.37 252.38 225.05 279.91 247.48

BOM:544467 vs SPGI, CME, ICE: Days Payable Comparison

For the Financial Data & Stock Exchanges subindustry, National Securities Depository'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.


National Securities Depository Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, National Securities Depository's Days Payable distribution charts can be found below:

* The bar in red indicates where National Securities Depository's Days Payable falls into.


BOM:544467
47GF Score
National Securities Depository Ltd BOM:544467
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Securities Depository 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.

National Securities Depository'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
=( (892.16 + 1464.618) / 2 ) / 1807.765*365
=1178.389 / 1807.765*365
=237.92

National Securities Depository'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
=( (1464.618 + 0) / 1 ) / 540.024*365 / 4
=1464.618 / 540.024*365 / 4
=247.48

* 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 247.48 mean?
National Securities Depository (BOM:544467) has a Days Payable of 247.48 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 National Securities Depository and its competitors. This is 94% above median its historical median of 127.67. Over the past decade, National Securities Depository's Days Payable has ranged from 87.13 to 237.92. According to the industry distribution chart, National Securities Depository ranks #202 out of 540 companies in the Capital Markets industry, placing it in the top 37.4%.
Is National Securities Depository's Days Payable too high?
National Securities Depository's current Days Payable of 247.48 is 94% above median its 10-year median of 127.67. Over the past 10 years, this metric has ranged from a low of 87.13 to a high of 237.92. The Capital Markets industry median Days Payable is 92.71. National Securities Depository's value of 247.48 is 166.9% above this industry median. Based on the distribution chart, National Securities Depository ranks #202 out of 540 companies in the Capital Markets industry, which is above the industry midpoint. Overall, National Securities Depository has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does National Securities Depository's Days Payable compare to SPGI and CME?
According to the Capital Markets industry distribution chart, National Securities Depository ranks #202 out of 540 companies for Days Payable. This puts National Securities Depository in the upper half of its industry. The industry median Days Payable is 92.71. National Securities Depository's value of 247.48 is 166.9% above this benchmark. Historically, National Securities Depository's own Days Payable has ranged from 87.13 to 237.92 over the past decade. While the company's 10-year median is 127.67 vs. the industry median of 92.71, National Securities Depository 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.71, based on 540 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. National Securities Depository's current Days Payable of 247.48 is 166.9% 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 National Securities Depository and its competitors. For the Capital Markets industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Securities Depository's current Days Payable is 247.48, which is 94% above median its own 10-year median of 127.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Securities Depository stock overvalued right now?
National Securities Depository (BOM:544467) has a current Days Payable of 247.48. The current Days Payable is 247.48, which is 94% above median its 10-year median of 127.67 and 166.9% above the Capital Markets industry median of 92.71. National Securities Depository's overall GF Score™ is 47/100 with 2 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 National Securities Depository (BOM:544467), the current Days Payable is 247.48 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.

National Securities Depository Business Description

Address G-Block, Plot No. C-32, 301, 3rd Floor, Naman Chambers, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400 051
National Securities Depository Ltd is a SEBI-registered market infrastructure institution (MII) that offers a wide range-of-products and services to the financial and securities markets in India. As a depository, it provides a depository framework that allows market participants to engage in the financial and securities markets in India. It also plays a central role in developing products and services that will continue to meet the growing needs of the financial services industry in India. The company's business is to provide depository services to its clients in India, including various services for investors such as dematerialization, re-materialization, holding, transfer, and pledge of securities in electronic form.
47GF Score

Get the complete analysis for BOM:544467

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

₹821.20
Price