CHKIF (China Southern Airlines Co) Days Payable: 53.39 (As of Mar. 2026) — 20% Above Median


CHKIF China Southern Airlines Co Ltd CHKIF
55 GF Score
Price $0.47
GF Value $0.53
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China Southern Airlines Co Days Payable?

China Southern Airlines Co CHKIF 55 Days Payable is 53.39 as of Mar. 2026, which is 20% above its 10-year median of 44.55. GuruFocus rates CHKIF with a GF Score™ of 55/100 and a GF Value™ of $0.53 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 964 Transportation companies, China Southern Airlines Co ranks better than 61.31% on this metric.

China Southern Airlines Co's average Accounts Payable for the three months ended in Mar. 2026 was $3,618 Mil. China Southern Airlines Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $6,183 Mil. Hence, China Southern Airlines Co's Days Payable for the three months ended in Mar. 2026 was 53.39.

The historical rank and industry rank for China Southern Airlines Co's Days Payable or its related term are showing as below:

CHKIF' s Days Payable Range Over the Past 10 Years
Min: 37.38   Med: 44.55   Max: 50.97
Current: 50.97

During the past 13 years, China Southern Airlines Co's highest Days Payable was 50.97. The lowest was 37.38. And the median was 44.55.

CHKIF's Days Payable is ranked better than
61.31% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs CHKIF: 50.97

China Southern Airlines Co's Days Payable increased from Mar. 2025 (44.87) to Mar. 2026 (53.39). It may suggest that China Southern Airlines Co delayed paying its suppliers.


China Southern Airlines Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Southern Airlines Co'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.

China Southern Airlines Co Days Payable Chart

China Southern Airlines Co 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 42.23 47.73 42.86 45.67 47.62

China Southern Airlines Co 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 44.87 48.13 49.22 52.12 53.39

CHKIF vs DAL, UAL, LUV: Days Payable Comparison

For the Airlines subindustry, China Southern Airlines Co'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.


China Southern Airlines Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, China Southern Airlines Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Southern Airlines Co's Days Payable falls into.


CHKIF
55GF Score
China Southern Airlines Co Ltd CHKIF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Southern Airlines Co 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.

China Southern Airlines Co'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
=( (2689.165 + 3378.862) / 2 ) / 23253.635*365
=3034.0135 / 23253.635*365
=47.62

China Southern Airlines Co'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
=( (3378.862 + 3856.735) / 2 ) / 6182.731*365 / 4
=3617.7985 / 6182.731*365 / 4
=53.39

* 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 53.39 mean?
China Southern Airlines Co (CHKIF) has a Days Payable of 53.39 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 China Southern Airlines Co and its competitors. This is 20% above median its historical median of 44.55. Over the past decade, China Southern Airlines Co's Days Payable has ranged from 37.38 to 50.97. According to the industry distribution chart, China Southern Airlines Co ranks #373 out of 964 companies in the Transportation industry, placing it in the top 38.7%.
Is China Southern Airlines Co's Days Payable too high?
China Southern Airlines Co's current Days Payable of 53.39 is 20% above median its 10-year median of 44.55. Over the past 10 years, this metric has ranged from a low of 37.38 to a high of 50.97. The Transportation industry median Days Payable is 38.99. China Southern Airlines Co's value of 53.39 is 37% above this industry median. Based on the distribution chart, China Southern Airlines Co ranks #373 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, China Southern Airlines Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Southern Airlines Co's Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, China Southern Airlines Co ranks #373 out of 964 companies for Days Payable. This puts China Southern Airlines Co in the upper half of its industry. The industry median Days Payable is 38.99. China Southern Airlines Co's value of 53.39 is 37% above this benchmark. Historically, China Southern Airlines Co's own Days Payable has ranged from 37.38 to 50.97 over the past decade. While the company's 10-year median is 44.55 vs. the industry median of 38.99, China Southern Airlines Co 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 Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 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. China Southern Airlines Co's current Days Payable of 53.39 is 37% 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 China Southern Airlines Co and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Southern Airlines Co's current Days Payable is 53.39, which is 20% above median its own 10-year median of 44.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Southern Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, China Southern Airlines Co (CHKIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.53, compared to a current price of $0.47 — trading 12% below its estimated fair value. The current Days Payable is 53.39, which is 20% above median its 10-year median of 44.55 and 37% above the Transportation industry median of 38.99. China Southern Airlines Co's overall GF Score™ is 55/100 with 6 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 China Southern Airlines Co (CHKIF), the current Days Payable is 53.39 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 China Southern Airlines Co (CHKIF) Overvalued in 2026?

Based on GuruFocus' analysis, China Southern Airlines Co stock appears to be undervalued. The current stock price of $0.47 is trading 12% below its estimated GF Value™ of $0.53. GuruFocus considers China Southern Airlines Co to be Modestly Undervalued.

Key valuation signals for CHKIF:

  • Days Payable: 53.39 (20% above median its 10-year median of 44.55)
  • GF Value™: $0.53 vs. price of $0.47 (12% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 37% above the Transportation median (#373 of 964)

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


China Southern Airlines Co Business Description

Address 68 Qixin Road, China Southern Air Building, Baiyun District, Guangdong Province, Guangzhou, CHN, 510403
China Southern Airlines Co Ltd is based in Guangzhou principally engaged in airline operations. The Group also operates certain airline-related businesses, including the provision of aircraft maintenance and air catering services. The Group has two reportable operating segments: airline transportation operations and other segments. Airline transportation operations comprise the Group's passenger and cargo, and mail operations. Other segments include cargo handling, hotel and tour operation, ground services, air catering services, and other miscellaneous services. Geographically, the company operates in the Domestic, Hong Kong, Macau, and Taiwan, and International markets.
55GF Score

Get the complete analysis for CHKIF

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

$0.47
Price
$0.53
GF Value