Indus Towers (NSE:INDUSTOWER) Days Payable: 84.29 (As of Mar. 2026) — Near Median


NSE:INDUSTOWER Indus Towers Ltd NSE:INDUSTOWER
94 GF Score
Price ₹386.55
GF Value ₹396.04
Valuation Fairly Valued
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What is Indus Towers Days Payable?

Indus Towers NSE:INDUSTOWER +0.85% 94 Days Payable is 84.29 as of Mar. 2026, which is 9% below its 10-year median of 92.38. GuruFocus rates NSE:INDUSTOWER with a GF Score™ of 94/100 and a GF Value™ of ₹396.04 (Fairly Valued). Among 339 Telecommunication Services companies, Indus Towers ranks worse than 63.13% on this metric.

Indus Towers's average Accounts Payable for the three months ended in Mar. 2026 was ₹26,724 Mil. Indus Towers's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹28,929 Mil. Hence, Indus Towers's Days Payable for the three months ended in Mar. 2026 was 84.29.

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

NSE:INDUSTOWER' s Days Payable Range Over the Past 10 Years
Min: 72.04   Med: 92.38   Max: 153.91
Current: 77.67

During the past 13 years, Indus Towers's highest Days Payable was 153.91. The lowest was 72.04. And the median was 92.38.

NSE:INDUSTOWER's Days Payable is ranked worse than
63.13% of 339 companies
in the Telecommunication Services industry
Industry Median: 106.11 vs NSE:INDUSTOWER: 77.67

Indus Towers's Days Payable increased from Mar. 2025 (79.76) to Mar. 2026 (84.29). It may suggest that Indus Towers delayed paying its suppliers.


Indus Towers Days Payable Historical Data

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The historical data trend for Indus Towers'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.

Indus Towers Days Payable Chart

Indus Towers 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 95.79 73.26 72.04 75.31 77.80

Indus Towers 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 79.76 72.67 75.25 78.64 84.29

NSE:INDUSTOWER vs TMUS, VZ, T: Days Payable Comparison

For the Telecom Services subindustry, Indus Towers'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.


Indus Towers Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Indus Towers's Days Payable distribution charts can be found below:

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


NSE:INDUSTOWER
94GF Score
Indus Towers Ltd NSE:INDUSTOWER
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Indus Towers 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.

Indus Towers'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
=( (24450 + 26724) / 2 ) / 120049*365
=25587 / 120049*365
=77.80

Indus Towers'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 + 26724) / 1 ) / 28929*365 / 4
=26724 / 28929*365 / 4
=84.29

* 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 84.29 mean?
Indus Towers (NSE:INDUSTOWER) has a Days Payable of 84.29 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 Indus Towers and its competitors. This is near median its historical median of 92.38. Over the past decade, Indus Towers' Days Payable has ranged from 72.04 to 153.91. According to the industry distribution chart, Indus Towers ranks #214 out of 339 companies in the Telecommunication Services industry, placing it in the top 63.1%.
Is Indus Towers' Days Payable too high?
Indus Towers' current Days Payable of 84.29 is near median its 10-year median of 92.38. Over the past 10 years, this metric has ranged from a low of 72.04 to a high of 153.91. The Telecommunication Services industry median Days Payable is 106.11. Indus Towers' value of 84.29 is 20.6% below this industry median. Based on the distribution chart, Indus Towers ranks #214 out of 339 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Indus Towers has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indus Towers' Days Payable compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Indus Towers ranks #214 out of 339 companies for Days Payable. This places Indus Towers in the lower half of its industry. The industry median Days Payable is 106.11. Indus Towers' value of 84.29 is 20.6% below this benchmark. Historically, Indus Towers' own Days Payable has ranged from 72.04 to 153.91 over the past decade. While the company's 10-year median is 92.38 vs. the industry median of 106.11, Indus Towers 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.11, based on 339 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. Indus Towers's current Days Payable of 84.29 is 20.6% 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 Indus Towers and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Towers's current Days Payable is 84.29, which is near median its own 10-year median of 92.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Towers stock overvalued right now?
Based on GuruFocus' analysis, Indus Towers (NSE:INDUSTOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹396.04, compared to a current price of ₹386.55 — trading 2.4% below its estimated fair value. The current Days Payable is 84.29, which is near median its 10-year median of 92.38 and 20.6% below the Telecommunication Services industry median of 106.11. Indus Towers' overall GF Score™ is 94/100. 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 Indus Towers (NSE:INDUSTOWER), the current Days Payable is 84.29 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 Indus Towers (NSE:INDUSTOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Indus Towers stock appears to be undervalued. The current stock price of ₹386.55 is trading 2.4% below its estimated GF Value™ of ₹396.04. GuruFocus considers Indus Towers to be Fairly Valued.

Key valuation signals for NSE:INDUSTOWER:

  • Days Payable: 84.29 (near median its 10-year median of 92.38)
  • GF Value™: ₹396.04 vs. price of ₹386.55 (2.4% below fair value)
  • GF Score™: 94/100
  • Industry Position: 20.6% below the Telecommunication Services median (#214 of 339)

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


Indus Towers Business Description

Other Exchanges 534816:India
Address DLF Cyber City, Building No. 10, 4th Floor, Tower A, Gurugram, HR, IND, 122002
Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.
94GF Score

Get the complete analysis for NSE:INDUSTOWER

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

₹386.55
Price
₹396.04
GF Value