L&T Technology Services (NSE:LTTS) Days Payable: 50.83 (As of Mar. 2026) — 84% Above Median


NSE:LTTS L&T Technology Services Ltd NSE:LTTS
95 GF Score
Price ₹3,047.70
GF Value ₹5,243.87
Valuation Significantly Undervalued
! 3 Warning Signs
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What is L&T Technology Services Days Payable?

L&T Technology Services NSE:LTTS -2.93% 95 Days Payable is 50.83 as of Mar. 2026, which is 84% above its 10-year median of 27.68. GuruFocus rates NSE:LTTS with a GF Score™ of 95/100 and a GF Value™ of ₹5,243.87 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,601 Software companies, L&T Technology Services ranks better than 62.32% on this metric.

L&T Technology Services's average Accounts Payable for the three months ended in Mar. 2026 was ₹9,368 Mil. L&T Technology Services's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹16,817 Mil. Hence, L&T Technology Services's Days Payable for the three months ended in Mar. 2026 was 50.83.

The historical rank and industry rank for L&T Technology Services's Days Payable or its related term are showing as below:

NSE:LTTS' s Days Payable Range Over the Past 10 Years
Min: 19.8   Med: 27.68   Max: 80.07
Current: 79.9

During the past 12 years, L&T Technology Services's highest Days Payable was 80.07. The lowest was 19.80. And the median was 27.68.

NSE:LTTS's Days Payable is ranked better than
62.32% of 2601 companies
in the Software industry
Industry Median: 54.01 vs NSE:LTTS: 79.90

L&T Technology Services's Days Payable declined from Mar. 2025 (95.60) to Mar. 2026 (50.83). It may suggest that L&T Technology Services accelerated paying its suppliers.


L&T Technology Services Days Payable Historical Data

* Premium members only.

The historical data trend for L&T Technology 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.

L&T Technology Services Days Payable Chart

L&T Technology Services 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 25.31 50.88 72.72 80.07 58.38

L&T Technology Services 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 95.60 93.03 98.05 95.59 50.83

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

For the Information Technology Services subindustry, L&T Technology 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.


L&T Technology Services Days Payable vs Software Industry

For the Software industry and Technology sector, L&T Technology Services's Days Payable distribution charts can be found below:

* The bar in red indicates where L&T Technology Services's Days Payable falls into.


NSE:LTTS
95GF Score
L&T Technology Services Ltd NSE:LTTS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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L&T Technology Services 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.

L&T Technology Services'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
=( (16223 + 9368) / 2 ) / 79993*365
=12795.5 / 79993*365
=58.38

L&T Technology Services'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 + 9368) / 1 ) / 16817*365 / 4
=9368 / 16817*365 / 4
=50.83

* 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 50.83 mean?
L&T Technology Services (NSE:LTTS) has a Days Payable of 50.83 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 L&T Technology Services and its competitors. This is 84% above median its historical median of 27.68. Over the past decade, L&T Technology Services' Days Payable has ranged from 19.80 to 80.07. According to the industry distribution chart, L&T Technology Services ranks #980 out of 2601 companies in the Software industry, placing it in the top 37.7%.
Is L&T Technology Services' Days Payable too high?
L&T Technology Services' current Days Payable of 50.83 is 84% above median its 10-year median of 27.68. Over the past 10 years, this metric has ranged from a low of 19.80 to a high of 80.07. The Software industry median Days Payable is 54.01. L&T Technology Services' value of 50.83 is 5.9% below this industry median. Based on the distribution chart, L&T Technology Services ranks #980 out of 2601 companies in the Software industry, which is above the industry midpoint. Overall, L&T Technology Services has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L&T Technology Services' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, L&T Technology Services ranks #980 out of 2601 companies for Days Payable. This puts L&T Technology Services in the upper half of its industry. The industry median Days Payable is 54.01. L&T Technology Services' value of 50.83 is 5.9% below this benchmark. Historically, L&T Technology Services' own Days Payable has ranged from 19.80 to 80.07 over the past decade. While the company's 10-year median is 27.68 vs. the industry median of 54.01, L&T Technology 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 54.01, based on 2,601 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. L&T Technology Services's current Days Payable of 50.83 is 5.9% 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 L&T Technology Services and its competitors. For the Software industry, the median Days Payable is 54.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&T Technology Services's current Days Payable is 50.83, which is 84% above median its own 10-year median of 27.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L&T Technology Services stock overvalued right now?
Based on GuruFocus' analysis, L&T Technology Services (NSE:LTTS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹5,243.87, compared to a current price of ₹3,047.70 — trading 41.9% below its estimated fair value. The current Days Payable is 50.83, which is 84% above median its 10-year median of 27.68 and 5.9% below the Software industry median of 54.01. L&T Technology Services' overall GF Score™ is 95/100 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 L&T Technology Services (NSE:LTTS), the current Days Payable is 50.83 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 L&T Technology Services (NSE:LTTS) Overvalued in 2026?

Based on GuruFocus' analysis, L&T Technology Services stock appears to be undervalued. The current stock price of ₹3,047.70 is trading 41.9% below its estimated GF Value™ of ₹5,243.87. GuruFocus considers L&T Technology Services to be Significantly Undervalued.

Key valuation signals for NSE:LTTS:

  • Days Payable: 50.83 (84% above median its 10-year median of 27.68)
  • GF Value™: ₹5,243.87 vs. price of ₹3,047.70 (41.9% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 5.9% below the Software median (#980 of 2601)

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


L&T Technology Services Business Description

Other Exchanges 540115:India
Address National Highway No. 8, Ajwa Waghodia Crossing, West Block-II, L&T Knowledge City (IT/ITES) SEZ, Vadodara, GJ, IND, 390 019
L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company's operating segments include Mobility, Sustainability and Tech. It derives the majority of its revenue from the Sustainability segment. Geographically, it derives a majority of its revenue from North America, while it also has its presence in Europe, India, and Rest of the world. The services provided by the company are Digital engineering & consulting, Product consulting, Manufacturing engineering, and Plant engineering.
95GF Score

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

₹3,047.70
Price
₹5,243.87
GF Value