Redington (NSE:REDINGTON) Days Payable: 51.37 (As of Mar. 2026) — 10% Above Median


NSE:REDINGTON Redington Ltd NSE:REDINGTON
87 GF Score
Price ₹273.65
GF Value ₹283.70
Valuation Fairly Valued
! 7 Warning Signs
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What is Redington Days Payable?

Redington NSE:REDINGTON -0.92% 87 Days Payable is 51.37 as of Mar. 2026, which is 10% above its 10-year median of 46.81. GuruFocus rates NSE:REDINGTON with a GF Score™ of 87/100 and a GF Value™ of ₹283.70 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,601 Software companies, Redington ranks worse than 52.94% on this metric.

Redington's average Accounts Payable for the three months ended in Mar. 2026 was ₹180,391 Mil. Redington's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹320,457 Mil. Hence, Redington's Days Payable for the three months ended in Mar. 2026 was 51.37.

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

NSE:REDINGTON' s Days Payable Range Over the Past 10 Years
Min: 39.88   Med: 46.81   Max: 53.36
Current: 49.86

During the past 13 years, Redington's highest Days Payable was 53.36. The lowest was 39.88. And the median was 46.81.

NSE:REDINGTON's Days Payable is ranked worse than
52.94% of 2601 companies
in the Software industry
Industry Median: 54.01 vs NSE:REDINGTON: 49.86

Redington's Days Payable increased from Mar. 2025 (48.08) to Mar. 2026 (51.37). It may suggest that Redington delayed paying its suppliers.


Redington Days Payable Historical Data

* Premium members only.

The historical data trend for Redington'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.

Redington Days Payable Chart

Redington 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 53.36 50.89 48.74 48.25 49.92

Redington 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 48.08 48.78 51.05 47.93 51.37

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

For the Information Technology Services subindustry, Redington'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.


Redington Days Payable vs Software Industry

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

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


NSE:REDINGTON
87GF Score
Redington Ltd NSE:REDINGTON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Redington 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.

Redington'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
=( (133915.5 + 180391.3) / 2 ) / 1149162.7*365
=157153.4 / 1149162.7*365
=49.92

Redington'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 + 180391.3) / 1 ) / 320457.4*365 / 4
=180391.3 / 320457.4*365 / 4
=51.37

* 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 51.37 mean?
Redington (NSE:REDINGTON) has a Days Payable of 51.37 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 Redington and its competitors. This is 10% above median its historical median of 46.81. Over the past decade, Redington's Days Payable has ranged from 39.88 to 53.36. According to the industry distribution chart, Redington ranks #1377 out of 2601 companies in the Software industry, placing it in the top 52.9%.
Is Redington's Days Payable too high?
Redington's current Days Payable of 51.37 is 10% above median its 10-year median of 46.81. Over the past 10 years, this metric has ranged from a low of 39.88 to a high of 53.36. The Software industry median Days Payable is 54.01. Redington's value of 51.37 is 4.9% below this industry median. Based on the distribution chart, Redington ranks #1377 out of 2601 companies in the Software industry, which is below the industry midpoint. Overall, Redington has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Redington's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Redington ranks #1377 out of 2601 companies for Days Payable. This places Redington in the lower half of its industry. The industry median Days Payable is 54.01. Redington's value of 51.37 is 4.9% below this benchmark. Historically, Redington's own Days Payable has ranged from 39.88 to 53.36 over the past decade. While the company's 10-year median is 46.81 vs. the industry median of 54.01, Redington 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. Redington's current Days Payable of 51.37 is 4.9% 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 Redington 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. Redington's current Days Payable is 51.37, which is 10% above median its own 10-year median of 46.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redington stock overvalued right now?
Based on GuruFocus' analysis, Redington (NSE:REDINGTON) is currently considered Fairly Valued. The stock's GF Value™ is ₹283.70, compared to a current price of ₹273.65 — trading 3.5% below its estimated fair value. The current Days Payable is 51.37, which is 10% above median its 10-year median of 46.81 and 4.9% below the Software industry median of 54.01. Redington's overall GF Score™ is 87/100 with 7 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 Redington (NSE:REDINGTON), the current Days Payable is 51.37 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 Redington (NSE:REDINGTON) Overvalued in 2026?

Based on GuruFocus' analysis, Redington stock appears to be undervalued. The current stock price of ₹273.65 is trading 3.5% below its estimated GF Value™ of ₹283.70. GuruFocus considers Redington to be Fairly Valued.

Key valuation signals for NSE:REDINGTON:

  • Days Payable: 51.37 (10% above median its 10-year median of 46.81)
  • GF Value™: ₹283.70 vs. price of ₹273.65 (3.5% below fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 4.9% below the Software median (#1377 of 2601)

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


Redington Business Description

Other Exchanges 532805:India
Address Inner Ring Road, 4th Street, Block3, Plathin, Redington Tower, Saraswathy Nagar West, Puzhuthivakkam, Chennai, TN, IND, 600091
Redington Ltd provides a variety of information technology and supply chain management services. The company also distributes IT products, which include computers, network equipment, software, data storage products, security solutions, and servers. The firm's services include hardware support, supply chain solutions, digital transformation, and various other solutions in the field of 3D printing, cybersecurity, solar, and cloud infrastructure, among others. The company's reportable segments are: SISA (Singapore, India & South Asia) and ROW (Rest of the World).
87GF Score

Get the complete analysis for NSE:REDINGTON

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

₹273.65
Price
₹283.70
GF Value