Dev Information Technology (NSE:DEVIT) Days Payable: 52.06 (As of Mar. 2026) — Near Median


NSE:DEVIT Dev Information Technology Ltd NSE:DEVIT
69 GF Score
Price ₹26.27
GF Value ₹56.58
Valuation Possible Value Trap
! 4 Warning Signs
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What is Dev Information Technology Days Payable?

Dev Information Technology NSE:DEVIT +0.11% 69 Days Payable is 52.06 as of Mar. 2026, which is 8% below its 10-year median of 56.58. GuruFocus rates NSE:DEVIT with a GF Score™ of 69/100 and a GF Value™ of ₹56.58 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,604 Software companies, Dev Information Technology ranks worse than 54.45% on this metric.

Dev Information Technology's average Accounts Payable for the three months ended in Mar. 2026 was ₹261 Mil. Dev Information Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹458 Mil. Hence, Dev Information Technology's Days Payable for the three months ended in Mar. 2026 was 52.06.

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

NSE:DEVIT' s Days Payable Range Over the Past 10 Years
Min: 28.8   Med: 56.58   Max: 110.71
Current: 47.6

During the past 13 years, Dev Information Technology's highest Days Payable was 110.71. The lowest was 28.80. And the median was 56.58.

NSE:DEVIT's Days Payable is ranked worse than
54.45% of 2604 companies
in the Software industry
Industry Median: 53.955 vs NSE:DEVIT: 47.60

Dev Information Technology's Days Payable increased from Mar. 2025 (38.05) to Mar. 2026 (52.06). It may suggest that Dev Information Technology delayed paying its suppliers.


Dev Information Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Dev Information Technology'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.

Dev Information Technology Days Payable Chart

Dev Information Technology 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 63.67 49.00 28.80 35.47 47.66

Dev Information Technology 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 38.05 47.10 47.55 43.60 52.06

NSE:DEVIT vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Dev Information Technology'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.


Dev Information Technology Days Payable vs Software Industry

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

* The bar in red indicates where Dev Information Technology's Days Payable falls into.


NSE:DEVIT
69GF Score
Dev Information Technology Ltd NSE:DEVIT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dev Information Technology 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.

Dev Information Technology'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
=( (191.885 + 261.438) / 2 ) / 1735.899*365
=226.6615 / 1735.899*365
=47.66

Dev Information Technology'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 + 261.438) / 1 ) / 458.235*365 / 4
=261.438 / 458.235*365 / 4
=52.06

* 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 52.06 mean?
Dev Information Technology (NSE:DEVIT) has a Days Payable of 52.06 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 Dev Information Technology and its competitors. This is near median its historical median of 56.58. Over the past decade, Dev Information Technology's Days Payable has ranged from 28.80 to 110.71. According to the industry distribution chart, Dev Information Technology ranks #1418 out of 2604 companies in the Software industry, placing it in the top 54.5%.
Is Dev Information Technology's Days Payable too high?
Dev Information Technology's current Days Payable of 52.06 is near median its 10-year median of 56.58. Over the past 10 years, this metric has ranged from a low of 28.80 to a high of 110.71. The Software industry median Days Payable is 53.96. Dev Information Technology's value of 52.06 is 3.5% below this industry median. Based on the distribution chart, Dev Information Technology ranks #1418 out of 2604 companies in the Software industry, which is below the industry midpoint. Overall, Dev Information Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #1418 out of 2604 companies for Days Payable. This places Dev Information Technology in the lower half of its industry. The industry median Days Payable is 53.96. Dev Information Technology's value of 52.06 is 3.5% below this benchmark. Historically, Dev Information Technology's own Days Payable has ranged from 28.80 to 110.71 over the past decade. While the company's 10-year median is 56.58 vs. the industry median of 53.96, Dev Information Technology 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 53.96, based on 2,604 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. Dev Information Technology's current Days Payable of 52.06 is 3.5% 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 Dev Information Technology and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current Days Payable is 52.06, which is near median its own 10-year median of 56.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.58, compared to a current price of ₹26.27 — trading 53.6% below its estimated fair value. The current Days Payable is 52.06, which is near median its 10-year median of 56.58 and 3.5% below the Software industry median of 53.96. Dev Information Technology's overall GF Score™ is 69/100 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 Dev Information Technology (NSE:DEVIT), the current Days Payable is 52.06 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 Dev Information Technology (NSE:DEVIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued. The current stock price of ₹26.27 is trading 53.6% below its estimated GF Value™ of ₹56.58. GuruFocus considers Dev Information Technology to be Possible Value Trap.

Key valuation signals for NSE:DEVIT:

  • Days Payable: 52.06 (near median its 10-year median of 56.58)
  • GF Value™: ₹56.58 vs. price of ₹26.27 (53.6% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 3.5% below the Software median (#1418 of 2604)

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


Dev Information Technology Business Description

Other Exchanges 543462:India
Address Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
69GF Score

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

₹26.27
Price
₹56.58
GF Value