SMAIO (XPAR:ALSMA) Days Payable: 541.59 (As of Dec. 2025) — 356% Above Median


XPAR:ALSMA SMAIO SA XPAR:ALSMA
77 GF Score
Price €8.16
GF Value €7.61
Valuation Fairly Valued
! 2 Warning Signs
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What is SMAIO Days Payable?

SMAIO XPAR:ALSMA -1.69% 77 Days Payable is 541.59 as of Dec. 2025, which is 356% above its 10-year median of 118.75. GuruFocus rates XPAR:ALSMA with a GF Score™ of 77/100 and a GF Value™ of €7.61 (Fairly Valued). The stock has 2 warning signs investors should review. Among 607 Healthcare Providers & Services companies, SMAIO ranks better than 94.4% on this metric.

SMAIO's average Accounts Payable for the six months ended in Dec. 2025 was €1.74 Mil. SMAIO's Cost of Goods Sold for the six months ended in Dec. 2025 was €0.59 Mil. Hence, SMAIO's Days Payable for the six months ended in Dec. 2025 was 541.59.

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

XPAR:ALSMA' s Days Payable Range Over the Past 10 Years
Min: 82.32   Med: 118.75   Max: 536.52
Current: 536.52

During the past 8 years, SMAIO's highest Days Payable was 536.52. The lowest was 82.32. And the median was 118.75.

XPAR:ALSMA's Days Payable is ranked better than
94.4% of 607 companies
in the Healthcare Providers & Services industry
Industry Median: 58 vs XPAR:ALSMA: 536.52

SMAIO's Days Payable increased from Dec. 2024 (310.06) to Dec. 2025 (541.59). It may suggest that SMAIO delayed paying its suppliers.


SMAIO Days Payable Historical Data

* Premium members only.

The historical data trend for SMAIO'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.

SMAIO Days Payable Chart

SMAIO Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 116.83 120.66 282.79 326.11 508.40

SMAIO Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 219.00 310.83 310.06 559.45 541.59

XPAR:ALSMA vs VEEV, BTSG, TEM: Days Payable Comparison

For the Health Information Services subindustry, SMAIO'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.


SMAIO Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, SMAIO's Days Payable distribution charts can be found below:

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


XPAR:ALSMA
77GF Score
SMAIO SA XPAR:ALSMA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SMAIO 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.

SMAIO'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
=( (1.596 + 1.616) / 2 ) / 1.153*365
=1.606 / 1.153*365
=508.40

SMAIO'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1.868 + 1.616) / 2 ) / 0.587*365 / 2
=1.742 / 0.587*365 / 2
=541.59

* 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 541.59 mean?
SMAIO (XPAR:ALSMA) has a Days Payable of 541.59 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 SMAIO and its competitors. This is 356% above median its historical median of 118.75. Over the past decade, SMAIO's Days Payable has ranged from 82.32 to 536.52. According to the industry distribution chart, SMAIO ranks #34 out of 607 companies in the Healthcare Providers & Services industry, placing it in the top 5.6%.
Is SMAIO's Days Payable too high?
SMAIO's current Days Payable of 541.59 is 356% above median its 10-year median of 118.75. Over the past 10 years, this metric has ranged from a low of 82.32 to a high of 536.52. The Healthcare Providers & Services industry median Days Payable is 58.00. SMAIO's value of 541.59 is 833.8% above this industry median. Based on the distribution chart, SMAIO ranks #34 out of 607 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, SMAIO has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SMAIO's Days Payable compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, SMAIO ranks #34 out of 607 companies for Days Payable. This places SMAIO in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 58.00. SMAIO's value of 541.59 is 833.8% above this benchmark. Historically, SMAIO's own Days Payable has ranged from 82.32 to 536.52 over the past decade. While the company's 10-year median is 118.75 vs. the industry median of 58.00, SMAIO 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.00, based on 607 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. SMAIO's current Days Payable of 541.59 is 833.8% 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 SMAIO and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMAIO's current Days Payable is 541.59, which is 356% above median its own 10-year median of 118.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMAIO stock overvalued right now?
Based on GuruFocus' analysis, SMAIO (XPAR:ALSMA) is currently considered Fairly Valued. The stock's GF Value™ is €7.61, compared to a current price of €8.16 — trading 7.2% above its estimated fair value. The current Days Payable is 541.59, which is 356% above median its 10-year median of 118.75 and 833.8% above the Healthcare Providers & Services industry median of 58.00. SMAIO's overall GF Score™ is 77/100 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 SMAIO (XPAR:ALSMA), the current Days Payable is 541.59 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.

Is SMAIO (XPAR:ALSMA) Overvalued in 2026?

Based on GuruFocus' analysis, SMAIO stock appears to be overvalued. The current stock price of €8.16 is trading 7.2% above its estimated GF Value™ of €7.61. GuruFocus considers SMAIO to be Fairly Valued.

Key valuation signals for XPAR:ALSMA:

  • Days Payable: 541.59 (356% above median its 10-year median of 118.75)
  • GF Value™: €7.61 vs. price of €8.16 (7.2% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 833.8% above the Healthcare Providers & Services median (#34 of 607)

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


SMAIO Business Description

Other Exchanges G3O:Germany
Address 2 Place Berthe Morisot, Parc Technologique, Saint-Priest, FRA, 69800
SMAIO SA is engaged in offering spine surgeons a complete solution, consisting of software, implantable devices, and associated services, to treat spinal pathologies requiring surgery.
77GF Score

Get the complete analysis for XPAR:ALSMA

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

€8.16
Price
€7.61
GF Value