Bright Smart Securitiesmmodities Group (FRA:0BX) Days Payable: 5,352.00 (As of Sep. 2025) — Near Median

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FRA:0BX Bright Smart Securities & Commodities Group Ltd FRA:0BX
38 GF Score
Price €0.67
GF Value €0.25
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Bright Smart Securitiesmmodities Group Days Payable?

Bright Smart Securitiesmmodities Group FRA:0BX -11.92% 38 Days Payable is 5,352.00 as of Sep. 2025, which is 9% above its 10-year median of 4,913.92. GuruFocus rates FRA:0BX with a GF Score™ of 38/100 and a GF Value™ of €0.25 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 538 Capital Markets companies, Bright Smart Securitiesmmodities Group ranks better than 95.54% on this metric.

Bright Smart Securitiesmmodities Group's average Accounts Payable for the six months ended in Sep. 2025 was €241.0 Mil. Bright Smart Securitiesmmodities Group's Cost of Goods Sold for the six months ended in Sep. 2025 was €8.2 Mil. Hence, Bright Smart Securitiesmmodities Group's Days Payable for the six months ended in Sep. 2025 was 5,352.00.

The historical rank and industry rank for Bright Smart Securitiesmmodities Group's Days Payable or its related term are showing as below:

FRA:0BX' s Days Payable Range Over the Past 10 Years
Min: 3618.56   Med: 4913.92   Max: 6732.88
Current: 6732.88

During the past 13 years, Bright Smart Securitiesmmodities Group's highest Days Payable was 6732.88. The lowest was 3618.56. And the median was 4913.92.

FRA:0BX's Days Payable is ranked better than
95.54% of 538 companies
in the Capital Markets industry
Industry Median: 88.24 vs FRA:0BX: 6732.88

Bright Smart Securitiesmmodities Group's Days Payable declined from Sep. 2024 (6,719.47) to Sep. 2025 (5,352.00). It may suggest that Bright Smart Securitiesmmodities Group accelerated paying its suppliers.


Bright Smart Securitiesmmodities Group Days Payable Related Terms


Bright Smart Securitiesmmodities Group Days Payable Historical Data

* Premium members only.

The historical data trend for Bright Smart Securitiesmmodities Group'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.

Bright Smart Securitiesmmodities Group Days Payable Chart

Bright Smart Securitiesmmodities Group 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 6,322.62 5,927.47 5,815.00 5,219.33 6,363.89

Bright Smart Securitiesmmodities Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 8,256.87 6,719.47 10,904.58 5,352.00 10,001.90

FRA:0BX vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Bright Smart Securitiesmmodities Group'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.


Bright Smart Securitiesmmodities Group Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Bright Smart Securitiesmmodities Group's Days Payable falls into.


FRA:0BX
38GF Score
Bright Smart Securities & Commodities Group Ltd FRA:0BX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bright Smart Securitiesmmodities Group 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.

Bright Smart Securitiesmmodities Group's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (200.223 + 198.076) / 2 ) / 13.927*365
=199.1495 / 13.927*365
=5,219.33

Bright Smart Securitiesmmodities Group's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (198.076 + 283.985) / 2 ) / 8.219*365 / 2
=241.0305 / 8.219*365 / 2
=5,352.00

* 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 5,352.00 mean?
Bright Smart Securitiesmmodities Group (FRA:0BX) has a Days Payable of 5,352.00 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bright Smart Securitiesmmodities Group and its competitors. This is near median its historical median of 4,913.92. Over the past decade, Bright Smart Securitiesmmodities Group's Days Payable has ranged from 3,618.56 to 6,732.88. According to the industry distribution chart, Bright Smart Securitiesmmodities Group ranks #24 out of 538 companies in the Capital Markets industry, placing it in the top 4.5%.
Is Bright Smart Securitiesmmodities Group's Days Payable too high?
Bright Smart Securitiesmmodities Group's current Days Payable of 5,352.00 is near median its 10-year median of 4,913.92. Over the past 10 years, this metric has ranged from a low of 3,618.56 to a high of 6,732.88. The Capital Markets industry median Days Payable is 88.24. Bright Smart Securitiesmmodities Group's value of 5,352.00 is 5965.3% above this industry median. Based on the distribution chart, Bright Smart Securitiesmmodities Group ranks #24 out of 538 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Smart Securitiesmmodities Group has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Smart Securitiesmmodities Group's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Bright Smart Securitiesmmodities Group ranks #24 out of 538 companies for Days Payable. This places Bright Smart Securitiesmmodities Group in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 88.24. Bright Smart Securitiesmmodities Group's value of 5,352.00 is 5965.3% above this benchmark. Historically, Bright Smart Securitiesmmodities Group's own Days Payable has ranged from 3,618.56 to 6,732.88 over the past decade. While the company's 10-year median is 4,913.92 vs. the industry median of 88.24, Bright Smart Securitiesmmodities Group 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 88.24, based on 538 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. Bright Smart Securitiesmmodities Group's current Days Payable of 5,352.00 is 5965.3% 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 Bright Smart Securitiesmmodities Group and its competitors. For the Capital Markets industry, the median Days Payable is 88.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Smart Securitiesmmodities Group's current Days Payable is 5,352.00, which is near median its own 10-year median of 4,913.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Smart Securitiesmmodities Group stock overvalued right now?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group (FRA:0BX) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.25, compared to a current price of €0.67 — trading 166% above its estimated fair value. The current Days Payable is 5,352.00, which is near median its 10-year median of 4,913.92 and 5965.3% above the Capital Markets industry median of 88.24. Bright Smart Securitiesmmodities Group's overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bright Smart Securitiesmmodities Group (FRA:0BX), the current Days Payable is 5,352.00 as of Sep. 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 Bright Smart Securitiesmmodities Group (FRA:0BX) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group stock appears to be overvalued. The current stock price of €0.67 is trading 166% above its estimated GF Value™ of €0.25. GuruFocus considers Bright Smart Securitiesmmodities Group to be Significantly Overvalued.

Key valuation signals for FRA:0BX:

  • Days Payable: 5,352.00 (near median its 10-year median of 4,913.92)
  • GF Value™: €0.25 vs. price of €0.67 (166% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 5965.3% above the Capital Markets median (#24 of 538)

No single metric tells the full story. See the FRA:0BX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Smart Securitiesmmodities Group Business Description

Other Exchanges 01428:Hong Kong
Address 71 Des Voeux Road Central, 10th Floor and 23rd Floor, Wing On House, Central, Hong Kong, HKG
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.
38GF Score

Get the complete analysis for FRA:0BX

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

€0.67
Price
€0.25
GF Value