Kody Technolab (NSE:KODYTECH) Days Payable: 118.24 (As of Sep. 2025) — 94% Above Median


NSE:KODYTECH Kody Technolab Ltd NSE:KODYTECH
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What is Kody Technolab Days Payable?

Kody Technolab NSE:KODYTECH -1.16% 20 Days Payable is 118.24 as of Sep. 2025, which is 94% above its 10-year median of 60.88. GuruFocus rates NSE:KODYTECH with a GF Score™ of 20/100. The stock has 8 warning signs investors should review. Among 2,599 Software companies, Kody Technolab ranks better than 85.8% on this metric.

Kody Technolab's average Accounts Payable for the six months ended in Sep. 2025 was ₹106.6 Mil. Kody Technolab's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹164.5 Mil. Hence, Kody Technolab's Days Payable for the six months ended in Sep. 2025 was 118.24.

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

NSE:KODYTECH' s Days Payable Range Over the Past 10 Years
Min: 16.24   Med: 60.88   Max: 236.49
Current: 236.49

During the past 5 years, Kody Technolab's highest Days Payable was 236.49. The lowest was 16.24. And the median was 60.88.

NSE:KODYTECH's Days Payable is ranked better than
85.8% of 2599 companies
in the Software industry
Industry Median: 53.56 vs NSE:KODYTECH: 236.49

Kody Technolab's Days Payable increased from Mar. 2024 (23.17) to Sep. 2025 (118.24). It may suggest that Kody Technolab delayed paying its suppliers.


Kody Technolab Days Payable Historical Data

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The historical data trend for Kody Technolab'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.

Kody Technolab Days Payable Chart

Kody Technolab Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
77.77 84.67 37.66 16.24 60.88

Kody Technolab Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial 16.43 40.46 23.17 0.00 118.24

NSE:KODYTECH vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Kody Technolab'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.


Kody Technolab Days Payable vs Software Industry

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

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


NSE:KODYTECH
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Kody Technolab Ltd NSE:KODYTECH
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Kody Technolab 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.

Kody Technolab's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (6.908 + 100.138) / 2 ) / 320.908*365
=53.523 / 320.908*365
=60.88

Kody Technolab's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (100.138 + 112.987) / 2 ) / 164.472*365 / 2
=106.5625 / 164.472*365 / 2
=118.24

* 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 118.24 mean?
Kody Technolab (NSE:KODYTECH) has a Days Payable of 118.24 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kody Technolab and its competitors. This is 94% above median its historical median of 60.88. Over the past decade, Kody Technolab's Days Payable has ranged from 16.24 to 236.49. According to the industry distribution chart, Kody Technolab ranks #369 out of 2599 companies in the Software industry, placing it in the top 14.2%.
Is Kody Technolab's Days Payable too high?
Kody Technolab's current Days Payable of 118.24 is 94% above median its 10-year median of 60.88. Over the past 10 years, this metric has ranged from a low of 16.24 to a high of 236.49. The Software industry median Days Payable is 53.56. Kody Technolab's value of 118.24 is 120.8% above this industry median. Based on the distribution chart, Kody Technolab ranks #369 out of 2599 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Kody Technolab has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Kody Technolab's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Kody Technolab ranks #369 out of 2599 companies for Days Payable. This places Kody Technolab in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.56. Kody Technolab's value of 118.24 is 120.8% above this benchmark. Historically, Kody Technolab's own Days Payable has ranged from 16.24 to 236.49 over the past decade. While the company's 10-year median is 60.88 vs. the industry median of 53.56, Kody Technolab 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 53.56, based on 2,599 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. Kody Technolab's current Days Payable of 118.24 is 120.8% 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 Kody Technolab and its competitors. For the Software industry, the median Days Payable is 53.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kody Technolab's current Days Payable is 118.24, which is 94% above median its own 10-year median of 60.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kody Technolab stock overvalued right now?
Kody Technolab (NSE:KODYTECH) has a current Days Payable of 118.24. The current Days Payable is 118.24, which is 94% above median its 10-year median of 60.88 and 120.8% above the Software industry median of 53.56. Kody Technolab's overall GF Score™ is 20/100 with 8 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 Kody Technolab (NSE:KODYTECH), the current Days Payable is 118.24 as of Sep. 2025. 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.

Kody Technolab Business Description

Address Block-J, Safal Monde S.G Highway, Near Iscon Mall, Near Rajpathclub, 2nd Floor, Bodakdev, Ahmedabad, GJ, IND, 380054
Kody Technolab Ltd is a company in the business of software development services to a diverse set of industries. It is a full-stack development company that provides creative and cutting-edge digital solutions to clients. It specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends. The company offers a wide range of services that include custom development, AI Consultation & Implementation, IOT Services, and IT consulting services.
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