Cognizant Technology Solutions (MEX:CTSH) Days Payable: 8.41 (As of Mar. 2026) — Near Median


MEX:CTSH Cognizant Technology Solutions Corp MEX:CTSH
66 GF Score
Price MXN722.03
GF Value MXN1,511.52
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Cognizant Technology Solutions Days Payable?

Cognizant Technology Solutions MEX:CTSH 66 Days Payable is 8.41 as of Mar. 2026, which is 6% below its 10-year median of 8.99. GuruFocus rates MEX:CTSH with a GF Score™ of 66/100 and a GF Value™ of MXN1,511.52 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,601 Software companies, Cognizant Technology Solutions ranks worse than 93.54% on this metric.

Cognizant Technology Solutions's average Accounts Payable for the three months ended in Mar. 2026 was MXN6,046 Mil. Cognizant Technology Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN65,603 Mil. Hence, Cognizant Technology Solutions's Days Payable for the three months ended in Mar. 2026 was 8.41.

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

MEX:CTSH' s Days Payable Range Over the Past 10 Years
Min: 7.65   Med: 8.99   Max: 11.8
Current: 8

During the past 13 years, Cognizant Technology Solutions's highest Days Payable was 11.80. The lowest was 7.65. And the median was 8.99.

MEX:CTSH's Days Payable is ranked worse than
93.54% of 2601 companies
in the Software industry
Industry Median: 54.04 vs MEX:CTSH: 8.00

Cognizant Technology Solutions's Days Payable declined from Mar. 2025 (9.03) to Mar. 2026 (8.41). It may suggest that Cognizant Technology Solutions accelerated paying its suppliers.


Cognizant Technology Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Cognizant Technology 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.

Cognizant Technology Solutions Days Payable Chart

Cognizant Technology Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.61 10.85 10.82 8.65 9.15

Cognizant Technology 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 9.03 8.30 7.27 7.71 8.41

MEX:CTSH vs FISV, FIS, BR: Days Payable Comparison

For the Information Technology Services subindustry, Cognizant Technology 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.


Cognizant Technology Solutions Days Payable vs Software Industry

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

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


MEX:CTSH
66GF Score
Cognizant Technology Solutions Corp MEX:CTSH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cognizant Technology 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.

Cognizant Technology Solutions's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (7090.938 + 5545.756) / 2 ) / 251917.749*365
=6318.347 / 251917.749*365
=9.15

Cognizant Technology 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
=( (5545.756 + 6545.87) / 2 ) / 65602.962*365 / 4
=6045.813 / 65602.962*365 / 4
=8.41

* 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 8.41 mean?
Cognizant Technology Solutions (MEX:CTSH) has a Days Payable of 8.41 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 Cognizant Technology Solutions and its competitors. This is near median its historical median of 8.99. Over the past decade, Cognizant Technology Solutions' Days Payable has ranged from 7.65 to 11.80. According to the industry distribution chart, Cognizant Technology Solutions ranks #2433 out of 2601 companies in the Software industry, placing it in the top 93.5%.
Is Cognizant Technology Solutions' Days Payable too high?
Cognizant Technology Solutions' current Days Payable of 8.41 is near median its 10-year median of 8.99. Over the past 10 years, this metric has ranged from a low of 7.65 to a high of 11.80. The Software industry median Days Payable is 54.04. Cognizant Technology Solutions' value of 8.41 is 84.4% below this industry median. Based on the distribution chart, Cognizant Technology Solutions ranks #2433 out of 2601 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cognizant Technology Solutions has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cognizant Technology Solutions' Days Payable compare to FISV and FIS?
According to the Software industry distribution chart, Cognizant Technology Solutions ranks #2433 out of 2601 companies for Days Payable. This places Cognizant Technology Solutions in the lower half of its industry. The industry median Days Payable is 54.04. Cognizant Technology Solutions' value of 8.41 is 84.4% below this benchmark. Historically, Cognizant Technology Solutions' own Days Payable has ranged from 7.65 to 11.80 over the past decade. While the company's 10-year median is 8.99 vs. the industry median of 54.04, Cognizant Technology 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 54.04, based on 2,601 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. Cognizant Technology Solutions's current Days Payable of 8.41 is 84.4% 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 Cognizant Technology Solutions and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cognizant Technology Solutions's current Days Payable is 8.41, which is near median its own 10-year median of 8.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognizant Technology Solutions stock overvalued right now?
Based on GuruFocus' analysis, Cognizant Technology Solutions (MEX:CTSH) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,511.52, compared to a current price of MXN722.03 — trading 52.2% below its estimated fair value. The current Days Payable is 8.41, which is near median its 10-year median of 8.99 and 84.4% below the Software industry median of 54.04. Cognizant Technology Solutions' overall GF Score™ is 66/100 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 Cognizant Technology Solutions (MEX:CTSH), the current Days Payable is 8.41 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 Cognizant Technology Solutions (MEX:CTSH) Overvalued in 2026?

Based on GuruFocus' analysis, Cognizant Technology Solutions stock appears to be undervalued. The current stock price of MXN722.03 is trading 52.2% below its estimated GF Value™ of MXN1,511.52. GuruFocus considers Cognizant Technology Solutions to be Significantly Undervalued.

Key valuation signals for MEX:CTSH:

  • Days Payable: 8.41 (near median its 10-year median of 8.99)
  • GF Value™: MXN1,511.52 vs. price of MXN722.03 (52.2% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 84.4% below the Software median (#2433 of 2601)

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


Cognizant Technology Solutions Business Description

Address 300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, USA, 07666
Cognizant Technology Solutions is a multinational IT services provider that offers a range of consulting and business process outsourcing services. Originally founded in India, the company is headquartered in the US and serves enterprise customers spanning the financial services, healthcare, and resources industries. With most of its workforce located in India, Cognizant leverages a global delivery model that helps clients outsource their IT needs to offshore labor.
66GF Score

Get the complete analysis for MEX:CTSH

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

MXN722.03
Price
MXN1,511.52
GF Value