SPHXF (SM Prime Holdings) Days Payable: 2,051.75 (As of Mar. 2026) — 42% Above Median


SPHXF SM Prime Holdings Inc SPHXF
49 GF Score
Price $0.28
GF Value $0.43
Valuation Possible Value Trap
! 4 Warning Signs
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What is SM Prime Holdings Days Payable?

SM Prime Holdings SPHXF 49 Days Payable is 2,051.75 as of Mar. 2026, which is 42% above its 10-year median of 1,443.24. GuruFocus rates SPHXF with a GF Score™ of 49/100 and a GF Value™ of $0.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,573 Real Estate companies, SM Prime Holdings ranks better than 92.12% on this metric.

SM Prime Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $1,712 Mil. SM Prime Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $76 Mil. Hence, SM Prime Holdings's Days Payable for the three months ended in Mar. 2026 was 2,051.75.

The historical rank and industry rank for SM Prime Holdings's Days Payable or its related term are showing as below:

SPHXF' s Days Payable Range Over the Past 10 Years
Min: 855.05   Med: 1443.24   Max: 1777.69
Current: 859.4

During the past 13 years, SM Prime Holdings's highest Days Payable was 1777.69. The lowest was 855.05. And the median was 1443.24.

SPHXF's Days Payable is ranked better than
92.12% of 1573 companies
in the Real Estate industry
Industry Median: 94.03 vs SPHXF: 859.40

SM Prime Holdings's Days Payable increased from Mar. 2025 (2,038.01) to Mar. 2026 (2,051.75). It may suggest that SM Prime Holdings delayed paying its suppliers.


SM Prime Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for SM Prime 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.

SM Prime Holdings Days Payable Chart

SM Prime Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,631.24 1,686.13 1,706.39 1,603.25 1,777.69

SM Prime Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,038.01 558.67 547.36 1,866.00 2,051.75

SM Prime Holdings Days Payable Competitor Comparison

For the Real Estate - Diversified subindustry, SM Prime 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.


SM Prime Holdings Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, SM Prime Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where SM Prime Holdings's Days Payable falls into.


SPHXF
49GF Score
SM Prime Holdings Inc SPHXF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SM Prime Holdings 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.

SM Prime Holdings'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
=( (1683.642 + 1699.67) / 2 ) / 347.335*365
=1691.656 / 347.335*365
=1,777.69

SM Prime Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1699.67 + 1724.148) / 2 ) / 76.136*365 / 4
=1711.909 / 76.136*365 / 4
=2,051.75

* 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 2,051.75 mean?
SM Prime Holdings (SPHXF) has a Days Payable of 2,051.75 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SM Prime Holdings and its competitors. This is 42% above median its historical median of 1,443.24. Over the past decade, SM Prime Holdings' Days Payable has ranged from 855.05 to 1,777.69. According to the industry distribution chart, SM Prime Holdings ranks #124 out of 1573 companies in the Real Estate industry, placing it in the top 7.9%.
Is SM Prime Holdings' Days Payable too high?
SM Prime Holdings' current Days Payable of 2,051.75 is 42% above median its 10-year median of 1,443.24. Over the past 10 years, this metric has ranged from a low of 855.05 to a high of 1,777.69. The Real Estate industry median Days Payable is 94.03. SM Prime Holdings' value of 2,051.75 is 2082% above this industry median. Based on the distribution chart, SM Prime Holdings ranks #124 out of 1573 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, SM Prime Holdings has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Prime Holdings' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, SM Prime Holdings ranks #124 out of 1573 companies for Days Payable. This places SM Prime Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.03. SM Prime Holdings' value of 2,051.75 is 2082% above this benchmark. Historically, SM Prime Holdings' own Days Payable has ranged from 855.05 to 1,777.69 over the past decade. While the company's 10-year median is 1,443.24 vs. the industry median of 94.03, SM Prime Holdings 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 a Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,573 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. SM Prime Holdings's current Days Payable of 2,051.75 is 2082% 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 SM Prime Holdings and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SM Prime Holdings's current Days Payable is 2,051.75, which is 42% above median its own 10-year median of 1,443.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Prime Holdings stock overvalued right now?
Based on GuruFocus' analysis, SM Prime Holdings (SPHXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.43, compared to a current price of $0.28 — trading 34.9% below its estimated fair value. The current Days Payable is 2,051.75, which is 42% above median its 10-year median of 1,443.24 and 2082% above the Real Estate industry median of 94.03. SM Prime Holdings' overall GF Score™ is 49/100 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 SM Prime Holdings (SPHXF), the current Days Payable is 2,051.75 as of Mar. 2026. 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 SM Prime Holdings (SPHXF) Overvalued in 2026?

Based on GuruFocus' analysis, SM Prime Holdings stock appears to be undervalued. The current stock price of $0.28 is trading 34.9% below its estimated GF Value™ of $0.43. GuruFocus considers SM Prime Holdings to be Possible Value Trap.

Key valuation signals for SPHXF:

  • Days Payable: 2,051.75 (42% above median its 10-year median of 1,443.24)
  • GF Value™: $0.43 vs. price of $0.28 (34.9% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 2082% above the Real Estate median (#124 of 1573)

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


SM Prime Holdings Business Description

Other Exchanges SMPH:Philippines
Address Seashell Lane corner Coral Way, 7th Floor MOA Square, Mall of Asia Complex, Barangay. 76, Zone 10, CBP-1A, Metro Manila, Pasay, PHL, 1300
SM Prime Holdings Inc is an integrated property developer. It is engaged in acquiring and developing real estate, conducting and maintaining commercial shopping centers, and constructing and managing buildings such as condominiums, apartments, hotels, restaurants, stores, and other structures for mixed-use purposes. The company has four business segments, namely, malls, residential, commercial, and integrated property developments and hotels and convention centers. It generates maximum revenue from the Malls segment, which develops, conducts, operates, and maintains the business of commercial shopping centers for rent, amusement centers, or cinema theaters within the compound of the shopping centers.
49GF Score

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

$0.28
Price
$0.43
GF Value