FS.COM (HKSE:03355) Days Payable: 64.59 (As of Dec. 2025) — 27% Below Median

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HKSE:03355 FS.COM Ltd HKSE:03355
19 GF Score
Price HK$31.34
! 2 Warning Signs
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What is FS.COM Days Payable?

FS.COM HKSE:03355 -9.21% 19 Days Payable is 64.59 as of Dec. 2025, which is 27% below its 10-year median of 88.92. GuruFocus rates HKSE:03355 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,441 Hardware companies, FS.COM ranks better than 94.47% on this metric.

FS.COM's average Accounts Payable for the three months ended in Dec. 2025 was HK$249.2 Mil. FS.COM's Cost of Goods Sold for the three months ended in Dec. 2025 was HK$352.0 Mil. Hence, FS.COM's Days Payable for the three months ended in Dec. 2025 was 64.59.

The historical rank and industry rank for FS.COM's Days Payable or its related term are showing as below:

HKSE:03355' s Days Payable Range Over the Past 10 Years
Min: 64.74   Med: 88.92   Max: 265.03
Current: 265.03

During the past 4 years, FS.COM's highest Days Payable was 265.03. The lowest was 64.74. And the median was 88.92.

HKSE:03355's Days Payable is ranked better than
94.47% of 2441 companies
in the Hardware industry
Industry Median: 69.89 vs HKSE:03355: 265.03

FS.COM's Days Payable increased from Dec. 2022 (0.00) to Dec. 2025 (64.59). It may suggest that FS.COM delayed paying its suppliers.


FS.COM Days Payable Historical Data

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The historical data trend for FS.COM'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.

FS.COM Days Payable Chart

FS.COM Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
116.23 102.82 75.01 64.74

FS.COM Quarterly Data
Dec22 Dec23 Dec24 Sep25 Dec25
Days Payable 0.00 0.00 70.46 0.00 64.59

HKSE:03355 vs CSCO, MSI, HPE: Days Payable Comparison

For the Communication Equipment subindustry, FS.COM'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.


FS.COM Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, FS.COM's Days Payable distribution charts can be found below:

* The bar in red indicates where FS.COM's Days Payable falls into.


HKSE:03355
19GF Score
FS.COM Ltd HKSE:03355
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FS.COM 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.

FS.COM'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
=( (268.465 + 260.762) / 2 ) / 1491.985*365
=264.6135 / 1491.985*365
=64.74

FS.COM'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (237.604 + 260.762) / 2 ) / 352.021*365 / 4
=249.183 / 352.021*365 / 4
=64.59

* 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 64.59 mean?
FS.COM (HKSE:03355) has a Days Payable of 64.59 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 FS.COM and its competitors. This is 27% below median its historical median of 88.92. Over the past decade, FS.COM's Days Payable has ranged from 64.74 to 265.03. According to the industry distribution chart, FS.COM ranks #135 out of 2441 companies in the Hardware industry, placing it in the top 5.5%.
Is FS.COM's Days Payable too high?
FS.COM's current Days Payable of 64.59 is 27% below median its 10-year median of 88.92. Over the past 10 years, this metric has ranged from a low of 64.74 to a high of 265.03. The Hardware industry median Days Payable is 69.89. FS.COM's value of 64.59 is 7.6% below this industry median. Based on the distribution chart, FS.COM ranks #135 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, FS.COM has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does FS.COM's Days Payable compare to CSCO and MSI?
According to the Hardware industry distribution chart, FS.COM ranks #135 out of 2441 companies for Days Payable. This places FS.COM in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. FS.COM's value of 64.59 is 7.6% below this benchmark. Historically, FS.COM's own Days Payable has ranged from 64.74 to 265.03 over the past decade. While the company's 10-year median is 88.92 vs. the industry median of 69.89, FS.COM 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 69.89, based on 2,441 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. FS.COM's current Days Payable of 64.59 is 7.6% 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 FS.COM and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FS.COM's current Days Payable is 64.59, which is 27% below median its own 10-year median of 88.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS.COM stock overvalued right now?
FS.COM (HKSE:03355) has a current Days Payable of 64.59. The current Days Payable is 64.59, which is 27% below median its 10-year median of 88.92 and 7.6% below the Hardware industry median of 69.89. FS.COM's overall GF Score™ is 19/100 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 FS.COM (HKSE:03355), the current Days Payable is 64.59 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.

FS.COM Business Description

Address Yuehai Street, 1903-1904, Block C, China Resources Land Building, Da Chong Community, Nanshan District, Guangdong Province, Shenzhen, CHN
FS.COM Ltd operates as a DTC networking solution provider, principally engaged in the sales of optical communication products. It operates through its online platform, FS.com. The company's offerings include networking equipment, networking operating systems, and cloud-based network management platforms used in applications such as high-performance computing, data centers, enterprise networks, and telecommunications, supporting businesses' digital infrastructure needs. The majority of revenue is derived from the provision of its General networking solutions and High-performance networking solutions. Geographically, the company generates the maximum revenue from the United States.
19GF Score

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HK$31.34
Price