NINtec Systems (NSE:NINSYS) Days Payable: 90.69 (As of Mar. 2026) — 161% Above Median

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NSE:NINSYS NINtec Systems Ltd NSE:NINSYS
91 GF Score
Price ₹893.60
GF Value ₹856.05
Valuation Fairly Valued
! 8 Warning Signs
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What is NINtec Systems Days Payable?

NINtec Systems NSE:NINSYS +0.01% 91 Days Payable is 90.69 as of Mar. 2026, which is 161% above its 10-year median of 34.75. GuruFocus rates NSE:NINSYS with a GF Score™ of 91/100 and a GF Value™ of ₹856.05 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,603 Software companies, NINtec Systems ranks better than 72.53% on this metric.

NINtec Systems's average Accounts Payable for the three months ended in Mar. 2026 was ₹293 Mil. NINtec Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹295 Mil. Hence, NINtec Systems's Days Payable for the three months ended in Mar. 2026 was 90.69.

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

NSE:NINSYS' s Days Payable Range Over the Past 10 Years
Min: 11.19   Med: 34.75   Max: 116.82
Current: 116.82

During the past 11 years, NINtec Systems's highest Days Payable was 116.82. The lowest was 11.19. And the median was 34.75.

NSE:NINSYS's Days Payable is ranked better than
72.53% of 2603 companies
in the Software industry
Industry Median: 52.78 vs NSE:NINSYS: 116.82

NINtec Systems's Days Payable declined from Mar. 2025 (125.34) to Mar. 2026 (90.69). It may suggest that NINtec Systems accelerated paying its suppliers.


NINtec Systems Days Payable Historical Data

* Premium members only.

The historical data trend for NINtec Systems'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.

NINtec Systems Days Payable Chart

NINtec Systems 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 11.19 14.45 50.82 93.80 107.31

NINtec Systems Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 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 125.34 125.83 136.65 135.44 90.69

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

For the Information Technology Services subindustry, NINtec Systems'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.


NINtec Systems Days Payable vs Software Industry

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

* The bar in red indicates where NINtec Systems's Days Payable falls into.


NSE:NINSYS
91GF Score
NINtec Systems Ltd NSE:NINSYS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NINtec Systems 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.

NINtec Systems'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
=( (358.598 + 293.471) / 2 ) / 1108.945*365
=326.0345 / 1108.945*365
=107.31

NINtec Systems'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 + 293.471) / 1 ) / 295.299*365 / 4
=293.471 / 295.299*365 / 4
=90.69

* 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 90.69 mean?
NINtec Systems (NSE:NINSYS) has a Days Payable of 90.69 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 NINtec Systems and its competitors. This is 161% above median its historical median of 34.75. Over the past decade, NINtec Systems' Days Payable has ranged from 11.19 to 116.82. According to the industry distribution chart, NINtec Systems ranks #715 out of 2603 companies in the Software industry, placing it in the top 27.5%.
Is NINtec Systems' Days Payable too high?
NINtec Systems' current Days Payable of 90.69 is 161% above median its 10-year median of 34.75. Over the past 10 years, this metric has ranged from a low of 11.19 to a high of 116.82. The Software industry median Days Payable is 52.78. NINtec Systems' value of 90.69 is 71.8% above this industry median. Based on the distribution chart, NINtec Systems ranks #715 out of 2603 companies in the Software industry, which is above the industry midpoint. Overall, NINtec Systems has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NINtec Systems' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, NINtec Systems ranks #715 out of 2603 companies for Days Payable. This puts NINtec Systems in the upper half of its industry. The industry median Days Payable is 52.78. NINtec Systems' value of 90.69 is 71.8% above this benchmark. Historically, NINtec Systems' own Days Payable has ranged from 11.19 to 116.82 over the past decade. While the company's 10-year median is 34.75 vs. the industry median of 52.78, NINtec Systems 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 52.78, based on 2,603 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. NINtec Systems's current Days Payable of 90.69 is 71.8% 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 NINtec Systems and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NINtec Systems's current Days Payable is 90.69, which is 161% above median its own 10-year median of 34.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NINtec Systems stock overvalued right now?
Based on GuruFocus' analysis, NINtec Systems (NSE:NINSYS) is currently considered Fairly Valued. The stock's GF Value™ is ₹856.05, compared to a current price of ₹893.60 — trading 4.4% above its estimated fair value. The current Days Payable is 90.69, which is 161% above median its 10-year median of 34.75 and 71.8% above the Software industry median of 52.78. NINtec Systems' overall GF Score™ is 91/100 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 NINtec Systems (NSE:NINSYS), the current Days Payable is 90.69 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 NINtec Systems (NSE:NINSYS) Overvalued in 2026?

Based on GuruFocus' analysis, NINtec Systems stock appears to be overvalued. The current stock price of ₹893.60 is trading 4.4% above its estimated GF Value™ of ₹856.05. GuruFocus considers NINtec Systems to be Fairly Valued.

Key valuation signals for NSE:NINSYS:

  • Days Payable: 90.69 (161% above median its 10-year median of 34.75)
  • GF Value™: ₹856.05 vs. price of ₹893.60 (4.4% above fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 71.8% above the Software median (#715 of 2603)

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


NINtec Systems Business Description

Other Exchanges 539843:India
Address S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd provides comprehensive software services and solutions, including business analytics, cloud services, application engineering, testing services, and artificial intelligence and machine learning. The company specializes in offshore software product development, application development and maintenance, software migration, multimedia and web design, digitization of engineering drawings, and search engine optimization. Serving diverse industries such as Healthcare & Lifesciences, Manufacturing, Automotive, Print Media & Publishing, BFSI, and Transportation & Logistics, NSL delivers strategic offshore outsourcing advantages to international customers by enhancing efficiency, reducing costs, and accelerating innovation.
91GF Score

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

₹893.60
Price
₹856.05
GF Value