eClerx ServicesNSE:ECLERX +4.42%88 Days Payable is 12.92 as of Mar. 2026, which is 72% above its 10-year median of 7.50. GuruFocus rates NSE:ECLERX with a GF Score™ of 88/100 and a GF Value™ of ₹1,996.63 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,602 Software companies, eClerx Services ranks worse than 89.51% on this metric.
The historical rank and industry rank for eClerx Services's Days Payable or its related term are showing as below:
NSE:ECLERX'
s Days Payable Range Over the Past 10 Years
Min: 4.07 Med: 7.5 Max: 13.1
Current: 11.95
During the past 13 years, eClerx Services's highest Days Payable was 13.10. The lowest was 4.07. And the median was 7.50.
NSE:ECLERX's Days Payable is ranked worse than 89.51% of 2602
companies
in the Software industry
Industry Median: 53.825
vs NSE:ECLERX: 11.95
eClerx Services's Days Payable
increased
from Mar. 2025 (12.70) to Mar. 2026 (12.92).
It may suggest that eClerx Servicesdelayed paying its suppliers.
eClerx Services Days Payable Related Terms
eClerx Services Days Payable Historical Data
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The historical data trend for eClerx Services'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.
NSE:ECLERX vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, eClerx Services'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.
eClerx Services Days Payable vs Software Industry
For the Software industry and Technology sector, eClerx Services's Days Payable distribution charts can be found below:
* The bar in red indicates where eClerx Services's Days Payable falls into.
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.
eClerx Services's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
eClerx Services (NSE:ECLERX) has a Days Payable of 12.92 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 eClerx Services and its competitors. This is 72% above median its historical median of 7.50. Over the past decade, eClerx Services' Days Payable has ranged from 4.07 to 13.10. According to the industry distribution chart, eClerx Services ranks #2329 out of 2602 companies in the Software industry, placing it in the top 89.5%.
Is eClerx Services' Days Payable too high?
eClerx Services' current Days Payable of 12.92 is 72% above median its 10-year median of 7.50. Over the past 10 years, this metric has ranged from a low of 4.07 to a high of 13.10. The Software industry median Days Payable is 53.83. eClerx Services' value of 12.92 is 76% below this industry median. Based on the distribution chart, eClerx Services ranks #2329 out of 2602 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, eClerx Services has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eClerx Services' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, eClerx Services ranks #2329 out of 2602 companies for Days Payable. This places eClerx Services in the lower half of its industry. The industry median Days Payable is 53.83. eClerx Services' value of 12.92 is 76% below this benchmark. Historically, eClerx Services' own Days Payable has ranged from 4.07 to 13.10 over the past decade. While the company's 10-year median is 7.50 vs. the industry median of 53.83, eClerx Services 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 53.83, based on 2,602 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. eClerx Services's current Days Payable of 12.92 is 76% 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 eClerx Services and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eClerx Services's current Days Payable is 12.92, which is 72% above median its own 10-year median of 7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eClerx Services stock overvalued right now?
Based on GuruFocus' analysis, eClerx Services (NSE:ECLERX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,996.63, compared to a current price of ₹1,391.30 — trading 30.3% below its estimated fair value. The current Days Payable is 12.92, which is 72% above median its 10-year median of 7.50 and 76% below the Software industry median of 53.83. eClerx Services' overall GF Score™ is 88/100 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 eClerx Services (NSE:ECLERX), the current Days Payable is 12.92 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 eClerx Services (NSE:ECLERX) Overvalued in 2026?
Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued.
The current stock price of ₹1,391.30 is trading 30.3% below its estimated GF Value™ of ₹1,996.63.
GuruFocus considers eClerx Services to be Significantly Undervalued.
Key valuation signals for NSE:ECLERX:
Days Payable: 12.92 (72% above median its 10-year median of 7.50)
GF Value™: ₹1,996.63 vs. price of ₹1,391.30 (30.3% below fair value)
Industry Position: 76% below the Software median (#2329 of 2602)
No single metric tells the full story. See the NSE:ECLERX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, market intelligence, financial market operations, finance and accounting, and other services. The geographical segments of the company are North America, United Kingdom, Europe, and Asia Pacific.
88GF Score
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