* 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.
Central Depository Services (India) Days Payable Chart
For the Capital Markets subindustry, Central Depository Services (India)'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.
Central Depository Services (India) Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Central Depository Services (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Central Depository Services (India)'s Days Payable falls into.
Central Depository Services (India) 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.
* 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.
Central Depository Services (India) (NSE:CDSL) has a Days Payable of 57.17 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 Central Depository Services (India) and its competitors. This is 18% above median its historical median of 48.65. Over the past decade, Central Depository Services (India)'s Days Payable has ranged from 26.19 to 90.04. According to the industry distribution chart, Central Depository Services (India) ranks #320 out of 540 companies in the Capital Markets industry, placing it in the top 59.3%.
Is Central Depository Services (India)'s Days Payable too high?
Central Depository Services (India)'s current Days Payable of 57.17 is 18% above median its 10-year median of 48.65. Over the past 10 years, this metric has ranged from a low of 26.19 to a high of 90.04. The Capital Markets industry median Days Payable is 91.35. Central Depository Services (India)'s value of 57.17 is 37.4% below this industry median. Based on the distribution chart, Central Depository Services (India) ranks #320 out of 540 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Central Depository Services (India) has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Depository Services (India)'s Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Central Depository Services (India) ranks #320 out of 540 companies for Days Payable. This places Central Depository Services (India) in the lower half of its industry. The industry median Days Payable is 91.35. Central Depository Services (India)'s value of 57.17 is 37.4% below this benchmark. Historically, Central Depository Services (India)'s own Days Payable has ranged from 26.19 to 90.04 over the past decade. While the company's 10-year median is 48.65 vs. the industry median of 91.35, Central Depository Services (India) 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.35, 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. Central Depository Services (India)'s current Days Payable of 57.17 is 37.4% 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 Central Depository Services (India) and its competitors. For the Capital Markets industry, the median Days Payable is 91.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Depository Services (India)'s current Days Payable is 57.17, which is 18% above median its own 10-year median of 48.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Depository Services (India) stock overvalued right now?
Based on GuruFocus' analysis, Central Depository Services (India) (NSE:CDSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,630.75, compared to a current price of ₹1,358.60 — trading 16.7% below its estimated fair value. The current Days Payable is 57.17, which is 18% above median its 10-year median of 48.65 and 37.4% below the Capital Markets industry median of 91.35. Central Depository Services (India)'s overall GF Score™ is 98/100 with 3 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 Central Depository Services (India) (NSE:CDSL), the current Days Payable is 57.17 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 Central Depository Services (India) (NSE:CDSL) Overvalued in 2026?
Based on GuruFocus' analysis, Central Depository Services (India) stock appears to be undervalued.
The current stock price of ₹1,358.60 is trading 16.7% below its estimated GF Value™ of ₹1,630.75.
GuruFocus considers Central Depository Services (India) to be Modestly Undervalued.
Key valuation signals for NSE:CDSL:
Days Payable: 57.17 (18% above median its 10-year median of 48.65)
GF Value™: ₹1,630.75 vs. price of ₹1,358.60 (16.7% below fair value)
Industry Position: 37.4% below the Capital Markets median (#320 of 540)
No single metric tells the full story. See the NSE:CDSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central Depository Services (India) Business Description
Central Depository Services (India) Ltd is a securities depository in India. It offers dematerialization for a wide range of securities, including equity shares, preference shares, mutual fund units, debt instruments, and government securities. In addition, it is involved in centralized record keeping of KYC documents of investors, and providing repository services to policyholders to store their receipts and policies in electronic form. The group operates in three segments: Depository, Data Entry, and Storage and Repository. A majority of its revenue is generated from the Depository segment, which provides various services to investors, including dematerialization, rematerialization, holding, transfer, and pledge of securities in electronic form, as well as e-voting services to companies.
98GF Score
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