Smart-Core Holdings (HKSE:02166) Inventory Turnover: 9.94 (As of Dec. 2025)

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HKSE:02166 Smart-Core Holdings Ltd HKSE:02166
59 GF Score
Price HK$4.61
GF Value HK$1.52
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Smart-Core Holdings Inventory Turnover?

Smart-Core Holdings HKSE:02166 -4.06% 59 Inventory Turnover is 9.94 as of Dec. 2025. GuruFocus rates HKSE:02166 with a GF Score™ of 59/100 and a GF Value™ of HK$1.52 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Smart-Core Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$3,547 Mil. Smart-Core Holdings's Average Total Inventories for the quarter that ended in Dec. 2025 was HK$357 Mil. Smart-Core Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 was 9.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart-Core Holdings's Days Inventory for the six months ended in Dec. 2025 was 18.37.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Smart-Core Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.09.


Smart-Core Holdings  (HKSE:02166) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Smart-Core Holdings's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=356.951/3546.626*365 / 2
=18.37

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Smart-Core Holdings's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=356.951 / 3793.915
=0.09

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Smart-Core Holdings Inventory Turnover Related Terms


Smart-Core Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Smart-Core Holdings's Inventory Turnover 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.

Smart-Core Holdings Inventory Turnover Chart

Smart-Core Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.39 19.93 20.53 21.12 25.62

Smart-Core Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Inventory Turnover 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 7.78 12.39 10.03 8.61 9.94
HKSE:02166
59GF Score
Smart-Core Holdings Ltd HKSE:02166
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart-Core Holdings Inventory Turnover Calculation

Smart-Core Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=6180.58 / ((190.118 + 292.34) / 2 )
=6180.58 / 241.229
=25.62

Smart-Core Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=3546.626 / ((421.562 + 292.34) / 2 )
=3546.626 / 356.951
=9.94

* 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 Inventory Turnover →
What does a Inventory Turnover of 9.94 mean?
Smart-Core Holdings (HKSE:02166) has a Inventory Turnover of 9.94 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Smart-Core Holdings and its competitors.
Is Smart-Core Holdings' Inventory Turnover too high?
Smart-Core Holdings' current Inventory Turnover is 9.94. Overall, Smart-Core Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smart-Core Holdings' Inventory Turnover compare to SNX and ARW?
Smart-Core Holdings' Inventory Turnover of 9.94 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Hardware company?
A good Inventory Turnover depends on the Hardware industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Smart-Core Holdings and its competitors. Smart-Core Holdings's current Inventory Turnover is 9.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart-Core Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smart-Core Holdings (HKSE:02166) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.52, compared to a current price of HK$4.61 — trading 203% above its estimated fair value. The current Inventory Turnover is 9.94. Smart-Core Holdings' overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Smart-Core Holdings (HKSE:02166), the current Inventory Turnover is 9.94 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 Smart-Core Holdings (HKSE:02166) Overvalued in 2026?

Based on GuruFocus' analysis, Smart-Core Holdings stock appears to be overvalued. The current stock price of HK$4.61 is trading 203% above its estimated GF Value™ of HK$1.52. GuruFocus considers Smart-Core Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02166:

  • Inventory Turnover: 9.94
  • GF Value™: HK$1.52 vs. price of HK$4.61 (203% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smart-Core Holdings Business Description

Address 70 Ta Chuen Ping Street, 15th Floor, Tower B, Regent Centre, Kwai Chung, New Territories, Hong Kong, HKG
Smart-Core Holdings Ltd is a distributor of integrated circuits and other electronic components and technology value-added service providers covering multiple market segments such as televisions, optoelectronic displays, smart terminals, memory, security monitoring, Internet of Things (IoT), and optical communications. Its service networks cover the majority of regions in Mainland China and Southeast Asia, providing diversified supply chain services of semiconductor chips and various electronic components for customers in the electronics industry, as well as corresponding technical solutions, technical support, and software services. Its segments include Authorised distribution and Mixed distribution. It makes up the majority of the revenue from the Authorised distribution segment.
59GF Score

Get the complete analysis for HKSE:02166

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

HK$4.61
Price
HK$1.52
GF Value