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Smart-Core HoldingsHKSE:02166 -4.06%59 Days Payable is 27.64 as of Dec. 2025, which is 0% below its 10-year median of 27.68. 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 2,438 Hardware companies, Smart-Core Holdings ranks worse than 88.35% on this metric.
The historical rank and industry rank for Smart-Core Holdings's Days Payable or its related term are showing as below:
HKSE:02166'
s Days Payable Range Over the Past 10 Years
Min: 18.16 Med: 27.68 Max: 36.26
Current: 27.88
During the past 13 years, Smart-Core Holdings's highest Days Payable was 36.26. The lowest was 18.16. And the median was 27.68.
HKSE:02166's Days Payable is ranked worse than 88.35% of 2438
companies
in the Hardware industry
Industry Median: 70.065
vs HKSE:02166: 27.88
Smart-Core Holdings's Days Payable
declined
from Dec. 2024 (36.11) to Dec. 2025 (27.64).
It may suggest that Smart-Core Holdingsaccelerated paying its suppliers.
The historical data trend for Smart-Core 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:02166 vs SNX, ARW, AVT: Days Payable Comparison
For the Electronics & Computer Distribution subindustry, Smart-Core 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.
Smart-Core Holdings Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Smart-Core Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Smart-Core 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.
Smart-Core 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.
Smart-Core Holdings (HKSE:02166) has a Days Payable of 27.64 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 Smart-Core Holdings and its competitors. This is near median its historical median of 27.68. Over the past decade, Smart-Core Holdings' Days Payable has ranged from 18.16 to 36.26. According to the industry distribution chart, Smart-Core Holdings ranks #2154 out of 2438 companies in the Hardware industry, placing it in the top 88.4%.
Is Smart-Core Holdings' Days Payable too high?
Smart-Core Holdings' current Days Payable of 27.64 is near median its 10-year median of 27.68. Over the past 10 years, this metric has ranged from a low of 18.16 to a high of 36.26. The Hardware industry median Days Payable is 70.07. Smart-Core Holdings' value of 27.64 is 60.6% below this industry median. Based on the distribution chart, Smart-Core Holdings ranks #2154 out of 2438 companies in the Hardware industry, which is in the bottom quartile 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 Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Smart-Core Holdings ranks #2154 out of 2438 companies for Days Payable. This places Smart-Core Holdings in the lower half of its industry. The industry median Days Payable is 70.07. Smart-Core Holdings' value of 27.64 is 60.6% below this benchmark. Historically, Smart-Core Holdings' own Days Payable has ranged from 18.16 to 36.26 over the past decade. While the company's 10-year median is 27.68 vs. the industry median of 70.07, 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 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. Smart-Core Holdings's current Days Payable of 27.64 is 60.6% 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 Smart-Core 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. Smart-Core Holdings's current Days Payable is 27.64, which is near median its own 10-year median of 27.68. 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 Payable is 27.64, which is near median its 10-year median of 27.68 and 60.6% below the Hardware industry median of 70.07. 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 Payable calculated?
Days Payable is calculated from a company's financial statements. For Smart-Core Holdings (HKSE:02166), the current Days Payable is 27.64 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 Payable: 27.64 (near median its 10-year median of 27.68)
GF Value™: HK$1.52 vs. price of HK$4.61 (203% above fair value)
Industry Position: 60.6% below the Hardware median (#2154 of 2438)
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 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
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