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Apex Ace HoldingHKSE:06036 -3.83%72 Days Payable is 18.28 as of Dec. 2025, which is 28% below its 10-year median of 25.56. GuruFocus rates HKSE:06036 with a GF Score™ of 72/100 and a GF Value™ of HK$1.02 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,433 Hardware companies, Apex Ace Holding ranks worse than 95.44% on this metric.
The historical rank and industry rank for Apex Ace Holding's Days Payable or its related term are showing as below:
HKSE:06036'
s Days Payable Range Over the Past 10 Years
Min: 17.53 Med: 25.56 Max: 46.71
Current: 17.53
During the past 12 years, Apex Ace Holding's highest Days Payable was 46.71. The lowest was 17.53. And the median was 25.56.
HKSE:06036's Days Payable is ranked worse than 95.44% of 2433
companies
in the Hardware industry
Industry Median: 70.03
vs HKSE:06036: 17.53
Apex Ace Holding's Days Payable
declined
from Dec. 2024 (26.13) to Dec. 2025 (18.28).
It may suggest that Apex Ace Holdingaccelerated paying its suppliers.
The historical data trend for Apex Ace Holding'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:06036 vs SNX, ARW, AVT: Days Payable Comparison
For the Electronics & Computer Distribution subindustry, Apex Ace Holding'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.
Apex Ace Holding Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Apex Ace Holding's Days Payable distribution charts can be found below:
* The bar in red indicates where Apex Ace Holding'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.
Apex Ace Holding'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.
Apex Ace Holding (HKSE:06036) has a Days Payable of 18.28 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 Apex Ace Holding and its competitors. This is 28% below median its historical median of 25.56. Over the past decade, Apex Ace Holding's Days Payable has ranged from 17.53 to 46.71. According to the industry distribution chart, Apex Ace Holding ranks #2322 out of 2433 companies in the Hardware industry, placing it in the top 95.4%.
Is Apex Ace Holding's Days Payable too high?
Apex Ace Holding's current Days Payable of 18.28 is 28% below median its 10-year median of 25.56. Over the past 10 years, this metric has ranged from a low of 17.53 to a high of 46.71. The Hardware industry median Days Payable is 70.03. Apex Ace Holding's value of 18.28 is 73.9% below this industry median. Based on the distribution chart, Apex Ace Holding ranks #2322 out of 2433 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Apex Ace Holding has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Ace Holding's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Apex Ace Holding ranks #2322 out of 2433 companies for Days Payable. This places Apex Ace Holding in the lower half of its industry. The industry median Days Payable is 70.03. Apex Ace Holding's value of 18.28 is 73.9% below this benchmark. Historically, Apex Ace Holding's own Days Payable has ranged from 17.53 to 46.71 over the past decade. While the company's 10-year median is 25.56 vs. the industry median of 70.03, Apex Ace Holding 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 70.03, based on 2,433 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. Apex Ace Holding's current Days Payable of 18.28 is 73.9% 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 Apex Ace Holding and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Ace Holding's current Days Payable is 18.28, which is 28% below median its own 10-year median of 25.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Ace Holding stock overvalued right now?
Based on GuruFocus' analysis, Apex Ace Holding (HKSE:06036) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.02, compared to a current price of HK$1.13 — trading 10.8% above its estimated fair value. The current Days Payable is 18.28, which is 28% below median its 10-year median of 25.56 and 73.9% below the Hardware industry median of 70.03. Apex Ace Holding's overall GF Score™ is 72/100 with 3 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 Apex Ace Holding (HKSE:06036), the current Days Payable is 18.28 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 Apex Ace Holding (HKSE:06036) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Ace Holding stock appears to be overvalued.
The current stock price of HK$1.13 is trading 10.8% above its estimated GF Value™ of HK$1.02.
GuruFocus considers Apex Ace Holding to be Modestly Overvalued.
Key valuation signals for HKSE:06036:
Days Payable: 18.28 (28% below median its 10-year median of 25.56)
GF Value™: HK$1.02 vs. price of HK$1.13 (10.8% above fair value)
Industry Position: 73.9% below the Hardware median (#2322 of 2433)
No single metric tells the full story. See the HKSE:06036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. Its segments include: Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, and mobile phones; and General components include switches, connectors, passive components, main chips, sensors, power semiconductors, and analog-to-digital converters. The company generates the majority of its revenue from the Digital Storage Products segment. Geographically, the company generates the majority of its revenue from the PRC.
72GF Score
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