CTVIF (China Travel International Investment Hong Kong) Days Payable: 60.91 (As of Dec. 2025) — Near Median


CTVIF China Travel International Investment Hong Kong Ltd CTVIF
48 GF Score
Price $0.11
GF Value $0.20
Valuation Possible Value Trap
! 6 Warning Signs
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What is China Travel International Investment Hong Kong Days Payable?

China Travel International Investment Hong Kong CTVIF 48 Days Payable is 60.91 as of Dec. 2025, which is 6% below its 10-year median of 64.69. GuruFocus rates CTVIF with a GF Score™ of 48/100 and a GF Value™ of $0.20 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 781 Travel & Leisure companies, China Travel International Investment Hong Kong ranks better than 58.13% on this metric.

China Travel International Investment Hong Kong's average Accounts Payable for the six months ended in Dec. 2025 was $61.1 Mil. China Travel International Investment Hong Kong's Cost of Goods Sold for the six months ended in Dec. 2025 was $183.0 Mil. Hence, China Travel International Investment Hong Kong's Days Payable for the six months ended in Dec. 2025 was 60.91.

The historical rank and industry rank for China Travel International Investment Hong Kong's Days Payable or its related term are showing as below:

CTVIF' s Days Payable Range Over the Past 10 Years
Min: 39.69   Med: 64.69   Max: 112.59
Current: 73.05

During the past 13 years, China Travel International Investment Hong Kong's highest Days Payable was 112.59. The lowest was 39.69. And the median was 64.69.

CTVIF's Days Payable is ranked better than
58.13% of 781 companies
in the Travel & Leisure industry
Industry Median: 56.32 vs CTVIF: 73.05

China Travel International Investment Hong Kong's Days Payable declined from Dec. 2024 (125.98) to Dec. 2025 (60.91). It may suggest that China Travel International Investment Hong Kong accelerated paying its suppliers.


China Travel International Investment Hong Kong Days Payable Related Terms


China Travel International Investment Hong Kong Days Payable Historical Data

* Premium members only.

The historical data trend for China Travel International Investment Hong Kong'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 Travel International Investment Hong Kong Days Payable Chart

China Travel International Investment Hong Kong 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 65.93 95.84 99.73 112.31 63.64

China Travel International Investment Hong Kong Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.01 101.19 125.98 94.53 60.91

CTVIF vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, China Travel International Investment Hong Kong'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 Travel International Investment Hong Kong Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Travel International Investment Hong Kong's Days Payable distribution charts can be found below:

* The bar in red indicates where China Travel International Investment Hong Kong's Days Payable falls into.


CTVIF
48GF Score
China Travel International Investment Hong Kong Ltd CTVIF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Travel International Investment Hong Kong 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 Travel International Investment Hong Kong'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
=( (98.161 + 30.221) / 2 ) / 368.137*365
=64.191 / 368.137*365
=63.64

China Travel International Investment Hong Kong'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
=( (91.953 + 30.221) / 2 ) / 183.024*365 / 2
=61.087 / 183.024*365 / 2
=60.91

* 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 60.91 mean?
China Travel International Investment Hong Kong (CTVIF) has a Days Payable of 60.91 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 China Travel International Investment Hong Kong and its competitors. This is near median its historical median of 64.69. Over the past decade, China Travel International Investment Hong Kong's Days Payable has ranged from 39.69 to 112.59. According to the industry distribution chart, China Travel International Investment Hong Kong ranks #327 out of 781 companies in the Travel & Leisure industry, placing it in the top 41.9%.
Is China Travel International Investment Hong Kong's Days Payable too high?
China Travel International Investment Hong Kong's current Days Payable of 60.91 is near median its 10-year median of 64.69. Over the past 10 years, this metric has ranged from a low of 39.69 to a high of 112.59. The Travel & Leisure industry median Days Payable is 56.32. China Travel International Investment Hong Kong's value of 60.91 is 8.1% above this industry median. Based on the distribution chart, China Travel International Investment Hong Kong ranks #327 out of 781 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, China Travel International Investment Hong Kong has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Travel International Investment Hong Kong's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, China Travel International Investment Hong Kong ranks #327 out of 781 companies for Days Payable. This puts China Travel International Investment Hong Kong in the upper half of its industry. The industry median Days Payable is 56.32. China Travel International Investment Hong Kong's value of 60.91 is 8.1% above this benchmark. Historically, China Travel International Investment Hong Kong's own Days Payable has ranged from 39.69 to 112.59 over the past decade. While the company's 10-year median is 64.69 vs. the industry median of 56.32, China Travel International Investment Hong Kong 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.32, based on 781 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 Travel International Investment Hong Kong's current Days Payable of 60.91 is 8.1% 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 Travel International Investment Hong Kong and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Travel International Investment Hong Kong's current Days Payable is 60.91, which is near median its own 10-year median of 64.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Travel International Investment Hong Kong stock overvalued right now?
Based on GuruFocus' analysis, China Travel International Investment Hong Kong (CTVIF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.20, compared to a current price of $0.11 — trading 43.3% below its estimated fair value. The current Days Payable is 60.91, which is near median its 10-year median of 64.69 and 8.1% above the Travel & Leisure industry median of 56.32. China Travel International Investment Hong Kong's overall GF Score™ is 48/100 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 Travel International Investment Hong Kong (CTVIF), the current Days Payable is 60.91 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 China Travel International Investment Hong Kong (CTVIF) Overvalued in 2026?

Based on GuruFocus' analysis, China Travel International Investment Hong Kong stock appears to be undervalued. The current stock price of $0.11 is trading 43.3% below its estimated GF Value™ of $0.20. GuruFocus considers China Travel International Investment Hong Kong to be Possible Value Trap.

Key valuation signals for CTVIF:

  • Days Payable: 60.91 (near median its 10-year median of 64.69)
  • GF Value™: $0.20 vs. price of $0.11 (43.3% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 8.1% above the Travel & Leisure median (#327 of 781)

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


China Travel International Investment Hong Kong Business Description

Other Exchanges 00308:Hong KongCTI:Germany
Address 78-83 Connaught Road Central, 12th Floor, CTS House, Hong Kong, HKG
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel document and related operations, tourist attractions and related operations, hotel operations, and passenger transportation operations. The company derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the majority portion of the company's revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.
48GF Score

Get the complete analysis for CTVIF

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

$0.11
Price
$0.20
GF Value