S.A.S. Dragon Holdings (HKSE:01184) Days Payable: 38.17 (As of Dec. 2025) — Near Median

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HKSE:01184 S.A.S. Dragon Holdings Ltd HKSE:01184
65 GF Score
Price HK$8.81
GF Value HK$5.08
Valuation Significantly Overvalued
! 5 Warning Signs
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What is S.A.S. Dragon Holdings Days Payable?

S.A.S. Dragon Holdings HKSE:01184 +0.06% 65 Days Payable is 38.17 as of Dec. 2025, which is 7% above its 10-year median of 35.78. GuruFocus rates HKSE:01184 with a GF Score™ of 65/100 and a GF Value™ of HK$5.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,438 Hardware companies, S.A.S. Dragon Holdings ranks worse than 86.63% on this metric.

S.A.S. Dragon Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$3,595 Mil. S.A.S. Dragon Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$17,190 Mil. Hence, S.A.S. Dragon Holdings's Days Payable for the six months ended in Dec. 2025 was 38.17.

The historical rank and industry rank for S.A.S. Dragon Holdings's Days Payable or its related term are showing as below:

HKSE:01184' s Days Payable Range Over the Past 10 Years
Min: 22.86   Med: 35.78   Max: 48.86
Current: 30.12

During the past 13 years, S.A.S. Dragon Holdings's highest Days Payable was 48.86. The lowest was 22.86. And the median was 35.78.

HKSE:01184's Days Payable is ranked worse than
86.63% of 2438 companies
in the Hardware industry
Industry Median: 70.065 vs HKSE:01184: 30.12

S.A.S. Dragon Holdings's Days Payable increased from Dec. 2024 (36.66) to Dec. 2025 (38.17). It may suggest that S.A.S. Dragon Holdings delayed paying its suppliers.


S.A.S. Dragon Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for S.A.S. Dragon 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.

S.A.S. Dragon Holdings Days Payable Chart

S.A.S. Dragon Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.53 45.35 48.86 46.99 47.34

S.A.S. Dragon Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 32.17 36.66 55.36 38.17 24.91

HKSE:01184 vs SNX, ARW, AVT: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, S.A.S. Dragon 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.


S.A.S. Dragon Holdings Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, S.A.S. Dragon Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where S.A.S. Dragon Holdings's Days Payable falls into.


HKSE:01184
65GF Score
S.A.S. Dragon Holdings Ltd HKSE:01184
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S.A.S. Dragon Holdings 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.

S.A.S. Dragon Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (3837.23 + 3738.453) / 2 ) / 29205.101*365
=3787.8415 / 29205.101*365
=47.34

S.A.S. Dragon Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (3451.52 + 3738.453) / 2 ) / 17190.382*365 / 2
=3594.9865 / 17190.382*365 / 2
=38.17

* 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 38.17 mean?
S.A.S. Dragon Holdings (HKSE:01184) has a Days Payable of 38.17 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 S.A.S. Dragon Holdings and its competitors. This is near median its historical median of 35.78. Over the past decade, S.A.S. Dragon Holdings' Days Payable has ranged from 22.86 to 48.86. According to the industry distribution chart, S.A.S. Dragon Holdings ranks #2112 out of 2438 companies in the Hardware industry, placing it in the top 86.6%.
Is S.A.S. Dragon Holdings' Days Payable too high?
S.A.S. Dragon Holdings' current Days Payable of 38.17 is near median its 10-year median of 35.78. Over the past 10 years, this metric has ranged from a low of 22.86 to a high of 48.86. The Hardware industry median Days Payable is 70.07. S.A.S. Dragon Holdings' value of 38.17 is 45.5% below this industry median. Based on the distribution chart, S.A.S. Dragon Holdings ranks #2112 out of 2438 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, S.A.S. Dragon Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S.A.S. Dragon Holdings' Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, S.A.S. Dragon Holdings ranks #2112 out of 2438 companies for Days Payable. This places S.A.S. Dragon Holdings in the lower half of its industry. The industry median Days Payable is 70.07. S.A.S. Dragon Holdings' value of 38.17 is 45.5% below this benchmark. Historically, S.A.S. Dragon Holdings' own Days Payable has ranged from 22.86 to 48.86 over the past decade. While the company's 10-year median is 35.78 vs. the industry median of 70.07, S.A.S. Dragon 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 Payable for a Hardware company?
The median Days Payable among Hardware companies is 70.07, based on 2,438 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. S.A.S. Dragon Holdings's current Days Payable of 38.17 is 45.5% 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 S.A.S. Dragon Holdings and its competitors. For the Hardware industry, the median Days Payable is 70.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S.A.S. Dragon Holdings's current Days Payable is 38.17, which is near median its own 10-year median of 35.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.A.S. Dragon Holdings stock overvalued right now?
Based on GuruFocus' analysis, S.A.S. Dragon Holdings (HKSE:01184) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.08, compared to a current price of HK$8.81 — trading 73.4% above its estimated fair value. The current Days Payable is 38.17, which is near median its 10-year median of 35.78 and 45.5% below the Hardware industry median of 70.07. S.A.S. Dragon Holdings' overall GF Score™ is 65/100 with 5 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 S.A.S. Dragon Holdings (HKSE:01184), the current Days Payable is 38.17 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 S.A.S. Dragon Holdings (HKSE:01184) Overvalued in 2026?

Based on GuruFocus' analysis, S.A.S. Dragon Holdings stock appears to be overvalued. The current stock price of HK$8.81 is trading 73.4% above its estimated GF Value™ of HK$5.08. GuruFocus considers S.A.S. Dragon Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01184:

  • Days Payable: 38.17 (near median its 10-year median of 35.78)
  • GF Value™: HK$5.08 vs. price of HK$8.81 (73.4% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 45.5% below the Hardware median (#2112 of 2438)

No single metric tells the full story. See the HKSE:01184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S.A.S. Dragon Holdings Business Description

Address 55 Lei Muk Road, 19th Floor, S.A.S. Tower, Kwai Chung, N.T, HKG
S.A.S. Dragon Holdings Ltd is engaged in the distribution of electronic components and semiconductor products used in mobile phones, consumer electronics, computer and networking equipment, and telecommunication products. The Group is also involved in the sale and contract works of LED lighting and display products, distribution of business equipment, provision of related ancillary services, and property investments. Its segments are Sales of electronic components and semiconductors, Sales of business equipment and provision of related ancillary services, Contract works of LED lighting and display products, and Sales of LED lighting and display products. It generates maximum revenue from Sales of electronic components and semiconductors from Hong Kong.
65GF Score

Get the complete analysis for HKSE:01184

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

HK$8.81
Price
HK$5.08
GF Value