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SMIT HoldingsHKSE:02239 40 Days Payable is 51.16 as of Dec. 2025, which is 2% above its 10-year median of 49.96. GuruFocus rates HKSE:02239 with a GF Score™ of 40/100 and a GF Value™ of HK$0.83 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,001 Semiconductors companies, SMIT Holdings ranks better than 51.85% on this metric.
The historical data trend for SMIT 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:02239 vs NVDA, AVGO, MU: Days Payable Comparison
For the Semiconductors subindustry, SMIT 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.
SMIT Holdings Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SMIT Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where SMIT 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.
SMIT 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.
SMIT Holdings (HKSE:02239) has a Days Payable of 51.16 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 SMIT Holdings and its competitors. This is near median its historical median of 49.96. Over the past decade, SMIT Holdings' Days Payable has ranged from 21.59 to 106.48. According to the industry distribution chart, SMIT Holdings ranks #482 out of 1001 companies in the Semiconductors industry, placing it in the top 48.2%.
Is SMIT Holdings' Days Payable too high?
SMIT Holdings' current Days Payable of 51.16 is near median its 10-year median of 49.96. Over the past 10 years, this metric has ranged from a low of 21.59 to a high of 106.48. The Semiconductors industry median Days Payable is 52.82. SMIT Holdings' value of 51.16 is 3.1% below this industry median. Based on the distribution chart, SMIT Holdings ranks #482 out of 1001 companies in the Semiconductors industry, which is above the industry midpoint. Overall, SMIT Holdings has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMIT Holdings' Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, SMIT Holdings ranks #482 out of 1001 companies for Days Payable. This puts SMIT Holdings in the upper half of its industry. The industry median Days Payable is 52.82. SMIT Holdings' value of 51.16 is 3.1% below this benchmark. Historically, SMIT Holdings' own Days Payable has ranged from 21.59 to 106.48 over the past decade. While the company's 10-year median is 49.96 vs. the industry median of 52.82, SMIT 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.82, based on 1,001 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. SMIT Holdings's current Days Payable of 51.16 is 3.1% 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 SMIT Holdings and its competitors. For the Semiconductors industry, the median Days Payable is 52.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMIT Holdings's current Days Payable is 51.16, which is near median its own 10-year median of 49.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMIT Holdings stock overvalued right now?
Based on GuruFocus' analysis, SMIT Holdings (HKSE:02239) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$1.36 — trading 63.9% above its estimated fair value. The current Days Payable is 51.16, which is near median its 10-year median of 49.96 and 3.1% below the Semiconductors industry median of 52.82. SMIT Holdings' overall GF Score™ is 40/100 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 SMIT Holdings (HKSE:02239), the current Days Payable is 51.16 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 SMIT Holdings (HKSE:02239) Overvalued in 2026?
Based on GuruFocus' analysis, SMIT Holdings stock appears to be overvalued.
The current stock price of HK$1.36 is trading 63.9% above its estimated GF Value™ of HK$0.83.
GuruFocus considers SMIT Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02239:
Days Payable: 51.16 (near median its 10-year median of 49.96)
GF Value™: HK$0.83 vs. price of HK$1.36 (63.9% above fair value)
Industry Position: 3.1% below the Semiconductors median (#482 of 1001)
No single metric tells the full story. See the HKSE:02239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMIT Holdings Ltd is an investment holding company. The company is principally engaged in the development and sales of conditional access modules; research, development and sales of smart sensing-oriented products and solution; and provision of integrated circuit solutions. The company has four reportable segments: CAM, Intelligent Sense, Investments, and Other businesses. The company generates the majority of its revenue from the CAM segment is engaged in the development and sales of security products that enable secure distribution and delivery of digital content to television. Geographically, the company generates the majority of its revenue from Europe, followed by China (including Hong Kong) and Others.
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