ITC (LUX:ITC) Days Payable: 89.37 (As of Mar. 2026) — 46% Above Median


LUX:ITC ITC Ltd LUX:ITC
81 GF Score
Price $5.50
GF Value $8.81
! 1 Warning Sign
View Full Analysis

What is ITC Days Payable?

ITC LUX:ITC 81 Days Payable is 89.37 as of Mar. 2026, which is 46% above its 10-year median of 61.36. GuruFocus rates LUX:ITC with a GF Score™ of 81/100 and a GF Value™ of $8.81. The stock has 1 warning sign investors should review. Among 47 Tobacco Products companies, ITC ranks better than 55.32% on this metric.

ITC's average Accounts Payable for the three months ended in Mar. 2026 was $608 Mil. ITC's Cost of Goods Sold for the three months ended in Mar. 2026 was $620 Mil. Hence, ITC's Days Payable for the three months ended in Mar. 2026 was 89.37.

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

LUX:ITC' s Days Payable Range Over the Past 10 Years
Min: 54.82   Med: 61.36   Max: 73.79
Current: 58.33

During the past 13 years, ITC's highest Days Payable was 73.79. The lowest was 54.82. And the median was 61.36.

LUX:ITC's Days Payable is ranked better than
55.32% of 47 companies
in the Tobacco Products industry
Industry Median: 54 vs LUX:ITC: 58.33

ITC's Days Payable increased from Mar. 2025 (52.11) to Mar. 2026 (89.37). It may suggest that ITC delayed paying its suppliers.


ITC Days Payable Historical Data

* Premium members only.

The historical data trend for ITC'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.

ITC Days Payable Chart

ITC 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 60.97 58.41 63.40 55.97 60.54

ITC 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 52.11 42.56 57.81 57.00 89.37

LUX:ITC vs PM, MO, TPB: Days Payable Comparison

For the Tobacco subindustry, ITC'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.


ITC Days Payable vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, ITC's Days Payable distribution charts can be found below:

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


LUX:ITC
81GF Score
ITC Ltd LUX:ITC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITC 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.

ITC'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
=( (555.62 + 607.591) / 2 ) / 3506.627*365
=581.6055 / 3506.627*365
=60.54

ITC'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 + 607.591) / 1 ) / 620.389*365 / 4
=607.591 / 620.389*365 / 4
=89.37

* 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 89.37 mean?
ITC (LUX:ITC) has a Days Payable of 89.37 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 ITC and its competitors. This is 46% above median its historical median of 61.36. Over the past decade, ITC's Days Payable has ranged from 54.82 to 73.79. According to the industry distribution chart, ITC ranks #21 out of 47 companies in the Tobacco Products industry, placing it in the top 44.7%.
Is ITC's Days Payable too high?
ITC's current Days Payable of 89.37 is 46% above median its 10-year median of 61.36. Over the past 10 years, this metric has ranged from a low of 54.82 to a high of 73.79. The Tobacco Products industry median Days Payable is 54.00. ITC's value of 89.37 is 65.5% above this industry median. Based on the distribution chart, ITC ranks #21 out of 47 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, ITC has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does ITC's Days Payable compare to PM and MO?
According to the Tobacco Products industry distribution chart, ITC ranks #21 out of 47 companies for Days Payable. This puts ITC in the upper half of its industry. The industry median Days Payable is 54.00. ITC's value of 89.37 is 65.5% above this benchmark. Historically, ITC's own Days Payable has ranged from 54.82 to 73.79 over the past decade. While the company's 10-year median is 61.36 vs. the industry median of 54.00, ITC 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 Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 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. ITC's current Days Payable of 89.37 is 65.5% 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 ITC and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITC's current Days Payable is 89.37, which is 46% above median its own 10-year median of 61.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC stock overvalued right now?
ITC (LUX:ITC) has a current Days Payable of 89.37. The stock's GF Value™ is $8.81, compared to a current price of $5.50 — trading 37.6% below its estimated fair value. The current Days Payable is 89.37, which is 46% above median its 10-year median of 61.36 and 65.5% above the Tobacco Products industry median of 54.00. ITC's overall GF Score™ is 81/100 with 1 warning sign 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 ITC (LUX:ITC), the current Days Payable is 89.37 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 ITC (LUX:ITC) Overvalued in 2026?

Based on GuruFocus' analysis, ITC stock appears to be undervalued. The current stock price of $5.50 is trading 37.6% below its estimated GF Value™ of $8.81.

Key valuation signals for LUX:ITC:

  • Days Payable: 89.37 (46% above median its 10-year median of 61.36)
  • GF Value™: $8.81 vs. price of $5.50 (37.6% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 65.5% above the Tobacco Products median (#21 of 47)

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


ITC Business Description

Address 37 Jawaharlal Nehru Road, Virginia House, Kolkata, WB, IND, 700071
ITC Ltd is an Indian conglomerate that predominantly operates in the consumer goods space, particularly cigarettes. The company operates in three main business segments: Fast Moving Consumer Goods; Paperboards, Paper, and Packaging; and Agri-Business. The company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.
81GF Score

Get the complete analysis for LUX:ITC

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

$5.50
Price
$8.81
GF Value