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What is China Tourism Group Duty Free Days Payable?
China Tourism Group Duty FreeCTGDF 81 Days Payable is 40.02 as of Mar. 2026, which is 12% below its 10-year median of 45.28. GuruFocus rates CTGDF with a GF Score™ of 81/100. The stock has 5 warning signs investors should review. Among 1,108 Retail - Cyclical companies, China Tourism Group Duty Free ranks worse than 55.87% on this metric.
* 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.
For the Specialty Retail subindustry, China Tourism Group Duty Free'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 Tourism Group Duty Free Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Days Payable distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free's Days Payable falls into.
China Tourism Group Duty Free 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.
* 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 Tourism Group Duty Free (CTGDF) has a Days Payable of 40.02 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 Tourism Group Duty Free and its competitors. This is 12% below median its historical median of 45.28. Over the past decade, China Tourism Group Duty Free's Days Payable has ranged from 28.17 to 63.48. According to the industry distribution chart, China Tourism Group Duty Free ranks #619 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 55.9%.
Is China Tourism Group Duty Free's Days Payable too high?
China Tourism Group Duty Free's current Days Payable of 40.02 is 12% below median its 10-year median of 45.28. Over the past 10 years, this metric has ranged from a low of 28.17 to a high of 63.48. The Retail - Cyclical industry median Days Payable is 50.65. China Tourism Group Duty Free's value of 40.02 is 21% below this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #619 out of 1108 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #619 out of 1108 companies for Days Payable. This places China Tourism Group Duty Free in the lower half of its industry. The industry median Days Payable is 50.65. China Tourism Group Duty Free's value of 40.02 is 21% below this benchmark. Historically, China Tourism Group Duty Free's own Days Payable has ranged from 28.17 to 63.48 over the past decade. While the company's 10-year median is 45.28 vs. the industry median of 50.65, China Tourism Group Duty Free has consistently been below 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.65, based on 1,108 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 Tourism Group Duty Free's current Days Payable of 40.02 is 21% below 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 Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current Days Payable is 40.02, which is 12% below median its own 10-year median of 45.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
China Tourism Group Duty Free (CTGDF) has a current Days Payable of 40.02. The current Days Payable is 40.02, which is 12% below median its 10-year median of 45.28 and 21% below the Retail - Cyclical industry median of 50.65. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 5 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 Tourism Group Duty Free (CTGDF), the current Days Payable is 40.02 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.
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score
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