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VSTECS HoldingsHKSE:00856 +7.67%87 Days Payable is 64.89 as of Dec. 2025, which is 8% above its 10-year median of 60.31. GuruFocus rates HKSE:00856 with a GF Score™ of 87/100 and a GF Value™ of HK$6.43 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,611 Software companies, VSTECS Holdings ranks better than 58.02% on this metric.
The historical data trend for VSTECS Holdings'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.
HKSE:00856 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, VSTECS Holdings'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.
VSTECS Holdings Days Payable vs Software Industry
For the Software industry and Technology sector, VSTECS Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where VSTECS Holdings's Days Payable falls into.
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.
VSTECS Holdings's Days Payable for the fiscal year that 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.
VSTECS Holdings (HKSE:00856) has a Days Payable of 64.89 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on VSTECS Holdings and its competitors. This is near median its historical median of 60.31. Over the past decade, VSTECS Holdings' Days Payable has ranged from 53.64 to 74.38. According to the industry distribution chart, VSTECS Holdings ranks #1096 out of 2611 companies in the Software industry, placing it in the top 42%.
Is VSTECS Holdings' Days Payable too high?
VSTECS Holdings' current Days Payable of 64.89 is near median its 10-year median of 60.31. Over the past 10 years, this metric has ranged from a low of 53.64 to a high of 74.38. The Software industry median Days Payable is 52.64. VSTECS Holdings' value of 64.89 is 23.3% above this industry median. Based on the distribution chart, VSTECS Holdings ranks #1096 out of 2611 companies in the Software industry, which is above the industry midpoint. Overall, VSTECS Holdings has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSTECS Holdings' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, VSTECS Holdings ranks #1096 out of 2611 companies for Days Payable. This puts VSTECS Holdings in the upper half of its industry. The industry median Days Payable is 52.64. VSTECS Holdings' value of 64.89 is 23.3% above this benchmark. Historically, VSTECS Holdings' own Days Payable has ranged from 53.64 to 74.38 over the past decade. While the company's 10-year median is 60.31 vs. the industry median of 52.64, VSTECS Holdings 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 52.64, based on 2,611 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. VSTECS Holdings's current Days Payable of 64.89 is 23.3% 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 VSTECS Holdings and its competitors. For the Software industry, the median Days Payable is 52.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSTECS Holdings's current Days Payable is 64.89, which is near median its own 10-year median of 60.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSTECS Holdings stock overvalued right now?
Based on GuruFocus' analysis, VSTECS Holdings (HKSE:00856) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$6.43, compared to a current price of HK$9.40 — trading 46.2% above its estimated fair value. The current Days Payable is 64.89, which is near median its 10-year median of 60.31 and 23.3% above the Software industry median of 52.64. VSTECS Holdings' overall GF Score™ is 87/100 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 VSTECS Holdings (HKSE:00856), the current Days Payable is 64.89 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 VSTECS Holdings (HKSE:00856) Overvalued in 2026?
Based on GuruFocus' analysis, VSTECS Holdings stock appears to be overvalued.
The current stock price of HK$9.40 is trading 46.2% above its estimated GF Value™ of HK$6.43.
GuruFocus considers VSTECS Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00856:
Days Payable: 64.89 (near median its 10-year median of 60.31)
GF Value™: HK$6.43 vs. price of HK$9.40 (46.2% above fair value)
Industry Position: 23.3% above the Software median (#1096 of 2611)
No single metric tells the full story. See the HKSE:00856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VSTECS Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the development of an information technology (IT) product channel and the provision of technical solution integration services. The group's business segments include Consumer electronics, Enterprise systems, and Cloud computing. A majority of its revenue is generated from the Enterprise systems segment, which provides enterprise system tools (middleware, operating systems, Unix/NT servers, databases, and storage) for IT infrastructure and IT infrastructure design and implementation, training, maintenance, and support services. Geographically, the group generates maximum revenue from North Asia and the rest from Southeast Asia.
87GF Score
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