India Tourism Development (NSE:ITDC) Days Payable: 106.62 (As of Mar. 2026) — 36% Below Median


NSE:ITDC India Tourism Development Corp Ltd NSE:ITDC
82 GF Score
Price ₹592.85
GF Value ₹573.19
Valuation Fairly Valued
! 3 Warning Signs
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What is India Tourism Development Days Payable?

India Tourism Development NSE:ITDC +1.30% 82 Days Payable is 106.62 as of Mar. 2026, which is 36% below its 10-year median of 165.78. GuruFocus rates NSE:ITDC with a GF Score™ of 82/100 and a GF Value™ of ₹573.19 (Fairly Valued). The stock has 3 warning signs investors should review. Among 778 Travel & Leisure companies, India Tourism Development ranks better than 78.41% on this metric.

India Tourism Development's average Accounts Payable for the three months ended in Mar. 2026 was ₹791 Mil. India Tourism Development's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹677 Mil. Hence, India Tourism Development's Days Payable for the three months ended in Mar. 2026 was 106.62.

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

NSE:ITDC' s Days Payable Range Over the Past 10 Years
Min: 143.61   Med: 165.78   Max: 203.77
Current: 143.61

During the past 13 years, India Tourism Development's highest Days Payable was 203.77. The lowest was 143.61. And the median was 165.78.

NSE:ITDC's Days Payable is ranked better than
78.41% of 778 companies
in the Travel & Leisure industry
Industry Median: 56.525 vs NSE:ITDC: 143.61

India Tourism Development's Days Payable declined from Mar. 2025 (130.58) to Mar. 2026 (106.62). It may suggest that India Tourism Development accelerated paying its suppliers.


India Tourism Development Days Payable Historical Data

* Premium members only.

The historical data trend for India Tourism Development'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.

India Tourism Development Days Payable Chart

India Tourism Development 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 161.46 169.08 173.22 166.16 158.27

India Tourism Development 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 130.58 359.71 130.79 73.46 106.62

NSE:ITDC vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, India Tourism Development'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.


India Tourism Development Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Days Payable distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Days Payable falls into.


NSE:ITDC
82GF Score
India Tourism Development Corp Ltd NSE:ITDC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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India Tourism Development 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.

India Tourism Development'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
=( (1603.394 + 791.323) / 2 ) / 2761.378*365
=1197.3585 / 2761.378*365
=158.27

India Tourism Development'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 + 791.323) / 1 ) / 677.226*365 / 4
=791.323 / 677.226*365 / 4
=106.62

* 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 106.62 mean?
India Tourism Development (NSE:ITDC) has a Days Payable of 106.62 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 India Tourism Development and its competitors. This is 36% below median its historical median of 165.78. Over the past decade, India Tourism Development's Days Payable has ranged from 143.61 to 203.77. According to the industry distribution chart, India Tourism Development ranks #168 out of 778 companies in the Travel & Leisure industry, placing it in the top 21.6%.
Is India Tourism Development's Days Payable too high?
India Tourism Development's current Days Payable of 106.62 is 36% below median its 10-year median of 165.78. Over the past 10 years, this metric has ranged from a low of 143.61 to a high of 203.77. The Travel & Leisure industry median Days Payable is 56.53. India Tourism Development's value of 106.62 is 88.6% above this industry median. Based on the distribution chart, India Tourism Development ranks #168 out of 778 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, India Tourism Development has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does India Tourism Development's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, India Tourism Development ranks #168 out of 778 companies for Days Payable. This places India Tourism Development in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.53. India Tourism Development's value of 106.62 is 88.6% above this benchmark. Historically, India Tourism Development's own Days Payable has ranged from 143.61 to 203.77 over the past decade. While the company's 10-year median is 165.78 vs. the industry median of 56.53, India Tourism Development 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.53, based on 778 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. India Tourism Development's current Days Payable of 106.62 is 88.6% 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 India Tourism Development and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Tourism Development's current Days Payable is 106.62, which is 36% below median its own 10-year median of 165.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Tourism Development stock overvalued right now?
Based on GuruFocus' analysis, India Tourism Development (NSE:ITDC) is currently considered Fairly Valued. The stock's GF Value™ is ₹573.19, compared to a current price of ₹592.85 — trading 3.4% above its estimated fair value. The current Days Payable is 106.62, which is 36% below median its 10-year median of 165.78 and 88.6% above the Travel & Leisure industry median of 56.53. India Tourism Development's overall GF Score™ is 82/100 with 3 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 India Tourism Development (NSE:ITDC), the current Days Payable is 106.62 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 India Tourism Development (NSE:ITDC) Overvalued in 2026?

Based on GuruFocus' analysis, India Tourism Development stock appears to be overvalued. The current stock price of ₹592.85 is trading 3.4% above its estimated GF Value™ of ₹573.19. GuruFocus considers India Tourism Development to be Fairly Valued.

Key valuation signals for NSE:ITDC:

  • Days Payable: 106.62 (36% below median its 10-year median of 165.78)
  • GF Value™: ₹573.19 vs. price of ₹592.85 (3.4% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 88.6% above the Travel & Leisure median (#168 of 778)

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


India Tourism Development Business Description

Other Exchanges 532189:India
Address 7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.
82GF Score

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

₹592.85
Price
₹573.19
GF Value