Ebix (NSE:EBIX) Days Payable: 137.33 (As of Mar. 2026) — 74% Below Median

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NSE:EBIX Ebix Ltd NSE:EBIX
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What is Ebix Days Payable?

Ebix NSE:EBIX 8 Days Payable is 137.33 as of Mar. 2026, which is 74% below its 10-year median of 526.88. GuruFocus rates NSE:EBIX with a GF Score™ of 8/100. The stock has 2 warning signs investors should review. Among 2,612 Software companies, Ebix ranks better than 72.47% on this metric.

Ebix's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,257.94 Mil. Ebix's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,493.76 Mil. Hence, Ebix's Days Payable for the three months ended in Mar. 2026 was 137.33.

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

NSE:EBIX' s Days Payable Range Over the Past 10 Years
Min: 90.2   Med: 526.88   Max: 9437.86
Current: 116.08

During the past 13 years, Ebix's highest Days Payable was 9437.86. The lowest was 90.20. And the median was 526.88.

NSE:EBIX's Days Payable is ranked better than
72.47% of 2612 companies
in the Software industry
Industry Median: 51.8 vs NSE:EBIX: 116.08

Ebix's Days Payable increased from Mar. 2025 (111.04) to Mar. 2026 (137.33). It may suggest that Ebix delayed paying its suppliers.

Ebix Days Payable Historical Data

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The historical data trend for Ebix'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.

Ebix Days Payable Chart

Ebix 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 9,437.86 4,967.65 526.88 90.20 119.99

Ebix 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 111.04 106.78 99.08 115.63 137.33

NSE:EBIX vs : Days Payable Comparison

For the Software - Application subindustry, Ebix'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.

Ebix Days Payable vs Software Industry

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

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


NSE:EBIX
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Ebix Ltd NSE:EBIX
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Ebix 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.

Ebix'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
=( (4251.96 + 5257.94) / 2 ) / 14464.32*365
=4754.95 / 14464.32*365
=119.99

Ebix'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 + 5257.94) / 1 ) / 3493.76*365 / 4
=5257.94 / 3493.76*365 / 4
=137.33

* 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 137.33 mean?
Ebix (NSE:EBIX) has a Days Payable of 137.33 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 Ebix and its competitors. This is 74% below median its historical median of 526.88. Over the past decade, Ebix's Days Payable has ranged from 90.20 to 9,437.86. According to the industry distribution chart, Ebix ranks #719 out of 2612 companies in the Software industry, placing it in the top 27.5%.
Is Ebix's Days Payable too high?
Ebix's current Days Payable of 137.33 is 74% below median its 10-year median of 526.88. Over the past 10 years, this metric has ranged from a low of 90.20 to a high of 9,437.86. The Software industry median Days Payable is 51.80. Ebix's value of 137.33 is 165.1% above this industry median. Based on the distribution chart, Ebix ranks #719 out of 2612 companies in the Software industry, which is above the industry midpoint. Overall, Ebix has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Ebix's Days Payable compare to ?
According to the Software industry distribution chart, Ebix ranks #719 out of 2612 companies for Days Payable. This puts Ebix in the upper half of its industry. The industry median Days Payable is 51.80. Ebix's value of 137.33 is 165.1% above this benchmark. Historically, Ebix's own Days Payable has ranged from 90.20 to 9,437.86 over the past decade. While the company's 10-year median is 526.88 vs. the industry median of 51.80, Ebix 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 Software company?
The median Days Payable among Software companies is 51.80, based on 2,612 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. Ebix's current Days Payable of 137.33 is 165.1% 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 Ebix and its competitors. For the Software industry, the median Days Payable is 51.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ebix's current Days Payable is 137.33, which is 74% below median its own 10-year median of 526.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ebix stock overvalued right now?
Ebix (NSE:EBIX) has a current Days Payable of 137.33. The current Days Payable is 137.33, which is 74% below median its 10-year median of 526.88 and 165.1% above the Software industry median of 51.80. Ebix's overall GF Score™ is 8/100 with 2 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 Ebix (NSE:EBIX), the current Days Payable is 137.33 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.

Ebix Business Description

Comparable Companies
Other Exchanges 531035:India
Address Arihant Nagar, Rohtak Road, 3rd Floor, Vikas House, 3, Punjabi Bagh West, Delhi, IND, 110026
Eraaya Lifespaces Ltd is principally engaged in the business of marketing services and support services, the business of trading in securities and shares, and the Hospitality business. The Main objects to be pursued by the company are To establish, conduct, manage, takeover, construct, acquire, purchase, sell, lease, rent, promote, develop and run holiday resorts, castles, inns, hotels, motels, restaurants, cafes, vacation resorts, villas, rest houses, guest houses, cottages, holiday camps, spas, health rejuvenation centres, clubs, breweries, pubs, bars, swimming pool and other facilities. The company operates in two segments, which include Financial Technologies and IT Services, and Foreign Exchange, Money Transfer, & Payment Services.
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