Dev Accelerator (NSE:DEVX) Days Payable: 191.74 (As of Mar. 2026) — 18% Below Median


NSE:DEVX Dev Accelerator Ltd NSE:DEVX
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What is Dev Accelerator Days Payable?

Dev Accelerator NSE:DEVX -1.11% 10 Days Payable is 191.74 as of Mar. 2026, which is 18% below its 10-year median of 235.08. GuruFocus rates NSE:DEVX with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 1,571 Real Estate companies, Dev Accelerator ranks better than 82.05% on this metric.

Dev Accelerator's average Accounts Payable for the three months ended in Mar. 2026 was ₹367 Mil. Dev Accelerator's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹175 Mil. Hence, Dev Accelerator's Days Payable for the three months ended in Mar. 2026 was 191.74.

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

NSE:DEVX' s Days Payable Range Over the Past 10 Years
Min: 172.97   Med: 235.08   Max: 352.23
Current: 352.23

During the past 5 years, Dev Accelerator's highest Days Payable was 352.23. The lowest was 172.97. And the median was 235.08.

NSE:DEVX's Days Payable is ranked better than
82.05% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs NSE:DEVX: 352.23

Dev Accelerator's Days Payable increased from Dec. 2024 (110.48) to Mar. 2026 (191.74). It may suggest that Dev Accelerator delayed paying its suppliers.


Dev Accelerator Days Payable Historical Data

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The historical data trend for Dev Accelerator'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 Accelerator Days Payable Chart

Dev Accelerator Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
252.39 172.97 275.09 235.08 213.11

Dev Accelerator Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 110.48 137.56 387.49 312.17 191.74

NSE:DEVX vs CBRE, BEKE: Days Payable Comparison

For the Real Estate Services subindustry, Dev Accelerator'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 Accelerator Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dev Accelerator's Days Payable distribution charts can be found below:

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


NSE:DEVX
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Dev Accelerator Ltd NSE:DEVX
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Dev Accelerator 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 Accelerator'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
=( (390.89 + 367.334) / 2 ) / 649.331*365
=379.112 / 649.331*365
=213.11

Dev Accelerator'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 + 367.334) / 1 ) / 174.82*365 / 4
=367.334 / 174.82*365 / 4
=191.74

* 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 191.74 mean?
Dev Accelerator (NSE:DEVX) has a Days Payable of 191.74 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 Accelerator and its competitors. This is 18% below median its historical median of 235.08. Over the past decade, Dev Accelerator's Days Payable has ranged from 172.97 to 352.23. According to the industry distribution chart, Dev Accelerator ranks #282 out of 1571 companies in the Real Estate industry, placing it in the top 18%.
Is Dev Accelerator's Days Payable too high?
Dev Accelerator's current Days Payable of 191.74 is 18% below median its 10-year median of 235.08. Over the past 10 years, this metric has ranged from a low of 172.97 to a high of 352.23. The Real Estate industry median Days Payable is 94.38. Dev Accelerator's value of 191.74 is 103.2% above this industry median. Based on the distribution chart, Dev Accelerator ranks #282 out of 1571 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Dev Accelerator has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Dev Accelerator's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dev Accelerator ranks #282 out of 1571 companies for Days Payable. This places Dev Accelerator in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.38. Dev Accelerator's value of 191.74 is 103.2% above this benchmark. Historically, Dev Accelerator's own Days Payable has ranged from 172.97 to 352.23 over the past decade. While the company's 10-year median is 235.08 vs. the industry median of 94.38, Dev Accelerator 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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 Accelerator's current Days Payable of 191.74 is 103.2% 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 Dev Accelerator and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Accelerator's current Days Payable is 191.74, which is 18% below median its own 10-year median of 235.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Accelerator stock overvalued right now?
Dev Accelerator (NSE:DEVX) has a current Days Payable of 191.74. The current Days Payable is 191.74, which is 18% below median its 10-year median of 235.08 and 103.2% above the Real Estate industry median of 94.38. Dev Accelerator's overall GF Score™ is 10/100 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 Accelerator (NSE:DEVX), the current Days Payable is 191.74 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.

Dev Accelerator Business Description

Other Exchanges 544513:India
Address Near Shivalik High-Street, A - 1101, B - 1101, The First, Behind Keshavbaug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services.
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