Smart-Core Holdings (HKSE:02166) Days Inventory: 18.37 (As of Dec. 2025) — Near Median

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HKSE:02166 Smart-Core Holdings Ltd HKSE:02166
59 GF Score
Price HK$4.61
GF Value HK$1.52
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Smart-Core Holdings Days Inventory?

Smart-Core Holdings HKSE:02166 -4.06% 59 Days Inventory is 18.37 as of Dec. 2025, which is 2% above its 10-year median of 18.07. GuruFocus rates HKSE:02166 with a GF Score™ of 59/100 and a GF Value™ of HK$1.52 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,412 Hardware companies, Smart-Core Holdings ranks better than 96.31% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Smart-Core Holdings's Average Total Inventories for the six months ended in Dec. 2025 was HK$357 Mil. Smart-Core Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$3,547 Mil. Hence, Smart-Core Holdings's Days Inventory for the six months ended in Dec. 2025 was 18.37.

The historical rank and industry rank for Smart-Core Holdings's Days Inventory or its related term are showing as below:

HKSE:02166' s Days Inventory Range Over the Past 10 Years
Min: 14.25   Med: 18.07   Max: 20.89
Current: 17.8

During the past 13 years, Smart-Core Holdings's highest Days Inventory was 20.89. The lowest was 14.25. And the median was 18.07.

HKSE:02166's Days Inventory is ranked better than
96.31% of 2412 companies
in the Hardware industry
Industry Median: 96.385 vs HKSE:02166: 17.80

Smart-Core Holdings's Days Inventory increased from Dec. 2024 (18.19) to Dec. 2025 (18.37). It might indicate that Smart-Core Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart-Core Holdings's Inventory Turnover for the six months ended in Dec. 2025 was 9.94.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Smart-Core Holdings's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.09.


Smart-Core Holdings  (HKSE:02166) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Smart-Core Holdings's Inventory Turnover for the six months ended in Dec. 2025 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Smart-Core Holdings's Inventory to Revenue for the six months ended in Dec. 2025 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Smart-Core Holdings Days Inventory Related Terms


Smart-Core Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Smart-Core Holdings's Days Inventory 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.

Smart-Core Holdings Days Inventory Chart

Smart-Core Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.85 18.32 17.78 17.28 14.25

Smart-Core Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Inventory 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 23.47 14.73 18.19 21.19 18.37

HKSE:02166 vs SNX, ARW, AVT: Days Inventory Comparison

For the Electronics & Computer Distribution subindustry, Smart-Core Holdings's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Smart-Core Holdings Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Smart-Core Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Smart-Core Holdings's Days Inventory falls into.


HKSE:02166
59GF Score
Smart-Core Holdings Ltd HKSE:02166
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smart-Core Holdings Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Smart-Core Holdings's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (190.118 + 292.34) / 2 ) / 6180.58*365
=241.229 / 6180.58*365
=14.25

Smart-Core Holdings's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (421.562 + 292.34) / 2 ) / 3546.626*365 / 2
=356.951 / 3546.626*365 / 2
=18.37

* 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 Inventory →
What does a Days Inventory of 18.37 mean?
Smart-Core Holdings (HKSE:02166) has a Days Inventory of 18.37 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Smart-Core Holdings and its competitors. This is near median its historical median of 18.07. Over the past decade, Smart-Core Holdings' Days Inventory has ranged from 14.25 to 20.89. According to the industry distribution chart, Smart-Core Holdings ranks #89 out of 2412 companies in the Hardware industry, placing it in the top 3.7%.
Is Smart-Core Holdings' Days Inventory too high?
Smart-Core Holdings' current Days Inventory of 18.37 is near median its 10-year median of 18.07. Over the past 10 years, this metric has ranged from a low of 14.25 to a high of 20.89. The Hardware industry median Days Inventory is 96.39. Smart-Core Holdings' value of 18.37 is 80.9% below this industry median. Based on the distribution chart, Smart-Core Holdings ranks #89 out of 2412 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Smart-Core Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smart-Core Holdings' Days Inventory compare to SNX and ARW?
According to the Hardware industry distribution chart, Smart-Core Holdings ranks #89 out of 2412 companies for Days Inventory. This places Smart-Core Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Days Inventory is 96.39. Smart-Core Holdings' value of 18.37 is 80.9% below this benchmark. Historically, Smart-Core Holdings' own Days Inventory has ranged from 14.25 to 20.89 over the past decade. While the company's 10-year median is 18.07 vs. the industry median of 96.39, Smart-Core Holdings 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 Inventory for a Hardware company?
The median Days Inventory among Hardware companies is 96.39, based on 2,412 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart-Core Holdings's current Days Inventory of 18.37 is 80.9% 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 Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Smart-Core Holdings and its competitors. For the Hardware industry, the median Days Inventory is 96.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart-Core Holdings's current Days Inventory is 18.37, which is near median its own 10-year median of 18.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart-Core Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smart-Core Holdings (HKSE:02166) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.52, compared to a current price of HK$4.61 — trading 203% above its estimated fair value. The current Days Inventory is 18.37, which is near median its 10-year median of 18.07 and 80.9% below the Hardware industry median of 96.39. Smart-Core Holdings' overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Smart-Core Holdings (HKSE:02166), the current Days Inventory is 18.37 as of Dec. 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.

Is Smart-Core Holdings (HKSE:02166) Overvalued in 2026?

Based on GuruFocus' analysis, Smart-Core Holdings stock appears to be overvalued. The current stock price of HK$4.61 is trading 203% above its estimated GF Value™ of HK$1.52. GuruFocus considers Smart-Core Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02166:

  • Days Inventory: 18.37 (near median its 10-year median of 18.07)
  • GF Value™: HK$1.52 vs. price of HK$4.61 (203% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 80.9% below the Hardware median (#89 of 2412)

No single metric tells the full story. See the HKSE:02166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smart-Core Holdings Business Description

Address 70 Ta Chuen Ping Street, 15th Floor, Tower B, Regent Centre, Kwai Chung, New Territories, Hong Kong, HKG
Smart-Core Holdings Ltd is a distributor of integrated circuits and other electronic components and technology value-added service providers covering multiple market segments such as televisions, optoelectronic displays, smart terminals, memory, security monitoring, Internet of Things (IoT), and optical communications. Its service networks cover the majority of regions in Mainland China and Southeast Asia, providing diversified supply chain services of semiconductor chips and various electronic components for customers in the electronics industry, as well as corresponding technical solutions, technical support, and software services. Its segments include Authorised distribution and Mixed distribution. It makes up the majority of the revenue from the Authorised distribution segment.
59GF Score

Get the complete analysis for HKSE:02166

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

HK$4.61
Price
HK$1.52
GF Value