HCL TechnologiesNSE:HCLTECH -0.42%85 Days Payable is 16.93 as of Mar. 2026, which is 7% above its 10-year median of 15.75. GuruFocus rates NSE:HCLTECH with a GF Score™ of 85/100 and a GF Value™ of ₹1,782.88 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,598 Software companies, HCL Technologies ranks worse than 86.37% on this metric.
The historical rank and industry rank for HCL Technologies's Days Payable or its related term are showing as below:
NSE:HCLTECH'
s Days Payable Range Over the Past 10 Years
Min: 14.15 Med: 15.75 Max: 25.41
Current: 15.1
During the past 13 years, HCL Technologies's highest Days Payable was 25.41. The lowest was 14.15. And the median was 15.75.
NSE:HCLTECH's Days Payable is ranked worse than 86.37% of 2598
companies
in the Software industry
Industry Median: 53.675
vs NSE:HCLTECH: 15.10
HCL Technologies's Days Payable
increased
from Mar. 2025 (15.52) to Mar. 2026 (16.93).
It may suggest that HCL Technologiesdelayed paying its suppliers.
HCL Technologies Days Payable Related Terms
HCL Technologies Days Payable Historical Data
* Premium members only.
The historical data trend for HCL Technologies'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:HCLTECH vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, HCL Technologies'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.
HCL Technologies Days Payable vs Software Industry
For the Software industry and Technology sector, HCL Technologies's Days Payable distribution charts can be found below:
* The bar in red indicates where HCL Technologies'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.
HCL Technologies'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.
HCL Technologies (NSE:HCLTECH) has a Days Payable of 16.93 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 HCL Technologies and its competitors. This is near median its historical median of 15.75. Over the past decade, HCL Technologies' Days Payable has ranged from 14.15 to 25.41. According to the industry distribution chart, HCL Technologies ranks #2244 out of 2598 companies in the Software industry, placing it in the top 86.4%.
Is HCL Technologies' Days Payable too high?
HCL Technologies' current Days Payable of 16.93 is near median its 10-year median of 15.75. Over the past 10 years, this metric has ranged from a low of 14.15 to a high of 25.41. The Software industry median Days Payable is 53.68. HCL Technologies' value of 16.93 is 68.5% below this industry median. Based on the distribution chart, HCL Technologies ranks #2244 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, HCL Technologies has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HCL Technologies' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, HCL Technologies ranks #2244 out of 2598 companies for Days Payable. This places HCL Technologies in the lower half of its industry. The industry median Days Payable is 53.68. HCL Technologies' value of 16.93 is 68.5% below this benchmark. Historically, HCL Technologies' own Days Payable has ranged from 14.15 to 25.41 over the past decade. While the company's 10-year median is 15.75 vs. the industry median of 53.68, HCL Technologies 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 53.68, based on 2,598 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. HCL Technologies's current Days Payable of 16.93 is 68.5% 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 HCL Technologies and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HCL Technologies's current Days Payable is 16.93, which is near median its own 10-year median of 15.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCL Technologies stock overvalued right now?
Based on GuruFocus' analysis, HCL Technologies (NSE:HCLTECH) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,782.88, compared to a current price of ₹1,134.20 — trading 36.4% below its estimated fair value. The current Days Payable is 16.93, which is near median its 10-year median of 15.75 and 68.5% below the Software industry median of 53.68. HCL Technologies' overall GF Score™ is 85/100 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 HCL Technologies (NSE:HCLTECH), the current Days Payable is 16.93 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 HCL Technologies (NSE:HCLTECH) Overvalued in 2026?
Based on GuruFocus' analysis, HCL Technologies stock appears to be undervalued.
The current stock price of ₹1,134.20 is trading 36.4% below its estimated GF Value™ of ₹1,782.88.
GuruFocus considers HCL Technologies to be Significantly Undervalued.
Key valuation signals for NSE:HCLTECH:
Days Payable: 16.93 (near median its 10-year median of 15.75)
GF Value™: ₹1,782.88 vs. price of ₹1,134.20 (36.4% below fair value)
Industry Position: 68.5% below the Software median (#2244 of 2598)
No single metric tells the full story. See the NSE:HCLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HCL Technologies Ltd provides enterprises with IT solutions. It focuses on offering Digital, Internet of Things, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering services to solve business problems for clients. It offers solutions to a variety of industries, including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments: IT and Business Services, Engineering and R&D Services, and HCL Software. The firm emphasizes consultation services for firms, intending to offer them digital and design solutions. The majority of the firm's revenue comes from the IT and Business Services segment. Geographically, it derives maximum revenue from the USA, and the rest from Europe, India, and the Rest of the world.
85GF Score
Get the complete analysis for NSE:HCLTECH
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HCLTECH has been successfully added to your 
