* 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.
NSE:VLEGOV vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, VL E-Governance & IT Solutions'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.
VL E-Governance & IT Solutions Days Payable vs Software Industry
For the Software industry and Technology sector, VL E-Governance & IT Solutions's Days Payable distribution charts can be found below:
* The bar in red indicates where VL E-Governance & IT Solutions's Days Payable falls into.
VL E-Governance & IT Solutions 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.
* 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.
VL E-Governance & IT Solutions (NSE:VLEGOV) has a Days Payable of 0.65 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 VL E-Governance & IT Solutions and its competitors. This is 99% below median its historical median of 55.29. Over the past decade, VL E-Governance & IT Solutions' Days Payable has ranged from 0.84 to 297.29. According to the industry distribution chart, VL E-Governance & IT Solutions ranks #2585 out of 2598 companies in the Software industry, placing it in the top 99.5%.
Is VL E-Governance & IT Solutions' Days Payable too high?
VL E-Governance & IT Solutions' current Days Payable of 0.65 is 99% below median its 10-year median of 55.29. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 297.29. The Software industry median Days Payable is 53.68. VL E-Governance & IT Solutions' value of 0.65 is 98.8% below this industry median. Based on the distribution chart, VL E-Governance & IT Solutions ranks #2585 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VL E-Governance & IT Solutions has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VL E-Governance & IT Solutions' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, VL E-Governance & IT Solutions ranks #2585 out of 2598 companies for Days Payable. This places VL E-Governance & IT Solutions in the lower half of its industry. The industry median Days Payable is 53.68. VL E-Governance & IT Solutions' value of 0.65 is 98.8% below this benchmark. Historically, VL E-Governance & IT Solutions' own Days Payable has ranged from 0.84 to 297.29 over the past decade. While the company's 10-year median is 55.29 vs. the industry median of 53.68, VL E-Governance & IT Solutions 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 53.68, based on 2,598 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. VL E-Governance & IT Solutions's current Days Payable of 0.65 is 98.8% 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 VL E-Governance & IT Solutions and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VL E-Governance & IT Solutions's current Days Payable is 0.65, which is 99% below median its own 10-year median of 55.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VL E-Governance & IT Solutions stock overvalued right now?
Based on GuruFocus' analysis, VL E-Governance & IT Solutions (NSE:VLEGOV) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹13.01, compared to a current price of ₹11.18 — trading 14.1% below its estimated fair value. The current Days Payable is 0.65, which is 99% below median its 10-year median of 55.29 and 98.8% below the Software industry median of 53.68. VL E-Governance & IT Solutions' overall GF Score™ is 41/100 with 2 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 VL E-Governance & IT Solutions (NSE:VLEGOV), the current Days Payable is 0.65 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 VL E-Governance & IT Solutions (NSE:VLEGOV) Overvalued in 2026?
Based on GuruFocus' analysis, VL E-Governance & IT Solutions stock appears to be undervalued.
The current stock price of ₹11.18 is trading 14.1% below its estimated GF Value™ of ₹13.01.
GuruFocus considers VL E-Governance & IT Solutions to be Modestly Undervalued.
Key valuation signals for NSE:VLEGOV:
Days Payable: 0.65 (99% below median its 10-year median of 55.29)
GF Value™: ₹13.01 vs. price of ₹11.18 (14.1% below fair value)
Industry Position: 98.8% below the Software median (#2585 of 2598)
No single metric tells the full story. See the NSE:VLEGOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VL E-Governance & IT Solutions Business Description
VL E-Governance & IT Solutions Ltd operates mainly in the E-Governance and IT/ITES sector, specializing as a system integrator and end-to-end service provider for large-scale E-Governance projects. The company has expertise in managing extensive multi-state enrollment initiatives, data digitization, software development, and licensing. Its business activities encompass E-Governance services, IT/ITES system integration, B2B trading, and trading of IT/ITES equipment. The entire business is categorized under a single reportable segment called E-Governance & IT/ITES Business (B2B).
41GF Score
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