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Smart Capital SpAMIL:SMCAP 9 Days Payable is 86.89 as of Dec. 2025, which is 49% below its 10-year median of 169.93. GuruFocus rates MIL:SMCAP with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 481 Asset Management companies, Smart Capital SpA ranks better than 67.78% on this metric.
The historical rank and industry rank for Smart Capital SpA's Days Payable or its related term are showing as below:
MIL:SMCAP'
s Days Payable Range Over the Past 10 Years
Min: 151.36 Med: 169.93 Max: 236.12
Current: 151.36
During the past 4 years, Smart Capital SpA's highest Days Payable was 236.12. The lowest was 151.36. And the median was 169.93.
MIL:SMCAP's Days Payable is ranked better than 67.78% of 481
companies
in the Asset Management industry
Industry Median: 70.48
vs MIL:SMCAP: 151.36
Smart Capital SpA's Days Payable
declined
from Dec. 2024 (310.42) to Dec. 2025 (86.89).
It may suggest that Smart Capital SpAaccelerated paying its suppliers.
Smart Capital SpA Days Payable Related Terms
Smart Capital SpA Days Payable Historical Data
* Premium members only.
The historical data trend for Smart Capital SpA'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.
MIL:SMCAP vs BLK, BX, KKR: Days Payable Comparison
For the Asset Management subindustry, Smart Capital SpA'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 Capital SpA Days Payable vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Smart Capital SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Smart Capital SpA'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 Capital SpA'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 Capital SpA (MIL:SMCAP) has a Days Payable of 86.89 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 Capital SpA and its competitors. This is 49% below median its historical median of 169.93. Over the past decade, Smart Capital SpA's Days Payable has ranged from 151.36 to 236.12. According to the industry distribution chart, Smart Capital SpA ranks #155 out of 481 companies in the Asset Management industry, placing it in the top 32.2%.
Is Smart Capital SpA's Days Payable too high?
Smart Capital SpA's current Days Payable of 86.89 is 49% below median its 10-year median of 169.93. Over the past 10 years, this metric has ranged from a low of 151.36 to a high of 236.12. The Asset Management industry median Days Payable is 70.48. Smart Capital SpA's value of 86.89 is 23.3% above this industry median. Based on the distribution chart, Smart Capital SpA ranks #155 out of 481 companies in the Asset Management industry, which is above the industry midpoint. Overall, Smart Capital SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Smart Capital SpA's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Smart Capital SpA ranks #155 out of 481 companies for Days Payable. This puts Smart Capital SpA in the upper half of its industry. The industry median Days Payable is 70.48. Smart Capital SpA's value of 86.89 is 23.3% above this benchmark. Historically, Smart Capital SpA's own Days Payable has ranged from 151.36 to 236.12 over the past decade. While the company's 10-year median is 169.93 vs. the industry median of 70.48, Smart Capital SpA has consistently been above 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.48, based on 481 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 Capital SpA's current Days Payable of 86.89 is 23.3% above 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 Capital SpA and its competitors. For the Asset Management industry, the median Days Payable is 70.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Capital SpA's current Days Payable is 86.89, which is 49% below median its own 10-year median of 169.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Capital SpA stock overvalued right now?
Smart Capital SpA (MIL:SMCAP) has a current Days Payable of 86.89. The current Days Payable is 86.89, which is 49% below median its 10-year median of 169.93 and 23.3% above the Asset Management industry median of 70.48. Smart Capital SpA's overall GF Score™ is 9/100 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 Capital SpA (MIL:SMCAP), the current Days Payable is 86.89 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.
Smart Capital SpA is a permanent capital industrial holding company specializing in private investments in public equity (PIPE) and private equity, focusing on small and medium-sized Italian companies, listed, unlisted or in the pre-IPO phase, operating both in Italy and abroad. It is characterized, also in its investment approach, by an entrepreneurial and longterm DNA. The company's main activity consists of acquiring shares and other financial instruments that allow the purchase or subscription of shares, including in the context of capital increases, at the time of listing or subsequently (such as the PIPE), reserved placements, public subscription and sale offers.
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