Smartbroker Holding AG (LTS:0CDX) Days Payable: 25.53 (As of Jun. 2025) — 58% Below Median


LTS:0CDX Smartbroker Holding AG LTS:0CDX
91 GF Score
Price €10.55
GF Value €10.95
Valuation Fairly Valued
! 3 Warning Signs
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What is Smartbroker Holding AG Days Payable?

Smartbroker Holding AG LTS:0CDX -1.40% 91 Days Payable is 25.53 as of Jun. 2025, which is 58% below its 10-year median of 60.92. GuruFocus rates LTS:0CDX with a GF Score™ of 91/100 and a GF Value™ of €10.95 (Fairly Valued). The stock has 3 warning signs investors should review. Among 541 Capital Markets companies, Smartbroker Holding AG ranks worse than 68.21% on this metric.

Smartbroker Holding AG's average Accounts Payable for the six months ended in Jun. 2025 was €2.39 Mil. Smartbroker Holding AG's Cost of Goods Sold for the six months ended in Jun. 2025 was €17.09 Mil. Hence, Smartbroker Holding AG's Days Payable for the six months ended in Jun. 2025 was 25.53.

The historical rank and industry rank for Smartbroker Holding AG's Days Payable or its related term are showing as below:

LTS:0CDX' s Days Payable Range Over the Past 10 Years
Min: 25.53   Med: 60.92   Max: 115.97
Current: 28.38

During the past 13 years, Smartbroker Holding AG's highest Days Payable was 115.97. The lowest was 25.53. And the median was 60.92.

LTS:0CDX's Days Payable is ranked worse than
68.21% of 541 companies
in the Capital Markets industry
Industry Median: 92.89 vs LTS:0CDX: 28.38

Smartbroker Holding AG's Days Payable declined from Jun. 2024 (57.87) to Jun. 2025 (25.53). It may suggest that Smartbroker Holding AG accelerated paying its suppliers.


Smartbroker Holding AG Days Payable Historical Data

* Premium members only.

The historical data trend for Smartbroker Holding AG'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.

Smartbroker Holding AG Days Payable Chart

Smartbroker Holding AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.73 76.33 115.97 66.78 56.55

Smartbroker Holding AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 66.04 62.06 57.87 35.48 25.53

LTS:0CDX vs SPGI, CME, MCO: Days Payable Comparison

For the Financial Data & Stock Exchanges subindustry, Smartbroker Holding AG'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.


Smartbroker Holding AG Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Smartbroker Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Smartbroker Holding AG's Days Payable falls into.


LTS:0CDX
91GF Score
Smartbroker Holding AG LTS:0CDX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartbroker Holding AG 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.

Smartbroker Holding AG's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (3.852 + 2.622) / 2 ) / 20.894*365
=3.237 / 20.894*365
=56.55

Smartbroker Holding AG's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (2.622 + 2.16) / 2 ) / 17.093*365 / 2
=2.391 / 17.093*365 / 2
=25.53

* 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 25.53 mean?
Smartbroker Holding AG (LTS:0CDX) has a Days Payable of 25.53 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Smartbroker Holding AG and its competitors. This is 58% below median its historical median of 60.92. Over the past decade, Smartbroker Holding AG's Days Payable has ranged from 25.53 to 115.97. According to the industry distribution chart, Smartbroker Holding AG ranks #369 out of 541 companies in the Capital Markets industry, placing it in the top 68.2%.
Is Smartbroker Holding AG's Days Payable too high?
Smartbroker Holding AG's current Days Payable of 25.53 is 58% below median its 10-year median of 60.92. Over the past 10 years, this metric has ranged from a low of 25.53 to a high of 115.97. The Capital Markets industry median Days Payable is 92.89. Smartbroker Holding AG's value of 25.53 is 72.5% below this industry median. Based on the distribution chart, Smartbroker Holding AG ranks #369 out of 541 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Smartbroker Holding AG has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smartbroker Holding AG's Days Payable compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Smartbroker Holding AG ranks #369 out of 541 companies for Days Payable. This places Smartbroker Holding AG in the lower half of its industry. The industry median Days Payable is 92.89. Smartbroker Holding AG's value of 25.53 is 72.5% below this benchmark. Historically, Smartbroker Holding AG's own Days Payable has ranged from 25.53 to 115.97 over the past decade. While the company's 10-year median is 60.92 vs. the industry median of 92.89, Smartbroker Holding AG 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. Smartbroker Holding AG's current Days Payable of 25.53 is 72.5% 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 Smartbroker Holding AG and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartbroker Holding AG's current Days Payable is 25.53, which is 58% below median its own 10-year median of 60.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartbroker Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Smartbroker Holding AG (LTS:0CDX) is currently considered Fairly Valued. The stock's GF Value™ is €10.95, compared to a current price of €10.55 — trading 3.7% below its estimated fair value. The current Days Payable is 25.53, which is 58% below median its 10-year median of 60.92 and 72.5% below the Capital Markets industry median of 92.89. Smartbroker Holding AG's overall GF Score™ is 91/100 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 Smartbroker Holding AG (LTS:0CDX), the current Days Payable is 25.53 as of Jun. 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 Smartbroker Holding AG (LTS:0CDX) Overvalued in 2026?

Based on GuruFocus' analysis, Smartbroker Holding AG stock appears to be undervalued. The current stock price of €10.55 is trading 3.7% below its estimated GF Value™ of €10.95. GuruFocus considers Smartbroker Holding AG to be Fairly Valued.

Key valuation signals for LTS:0CDX:

  • Days Payable: 25.53 (58% below median its 10-year median of 60.92)
  • GF Value™: €10.95 vs. price of €10.55 (3.7% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 72.5% below the Capital Markets median (#369 of 541)

No single metric tells the full story. See the LTS:0CDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smartbroker Holding AG Business Description

Other Exchanges SB1:Germany
Address Ritterstrasse 11, Berlin, DEU, 10969
Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.
91GF Score

Get the complete analysis for LTS:0CDX

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

€10.55
Price
€10.95
GF Value