Cathay Pacific Airways (HAM:CTY) Days Payable: 30.55 (As of Dec. 2025) — Near Median


HAM:CTY Cathay Pacific Airways Ltd HAM:CTY
80 GF Score
Price €1.38
GF Value €1.39
! 4 Warning Signs
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What is Cathay Pacific Airways Days Payable?

Cathay Pacific Airways HAM:CTY +3.23% 80 Days Payable is 30.55 as of Dec. 2025, which is 4% below its 10-year median of 31.90. GuruFocus rates HAM:CTY with a GF Score™ of 80/100 and a GF Value™ of €1.39. The stock has 4 warning signs investors should review. Among 964 Transportation companies, Cathay Pacific Airways ranks worse than 61% on this metric.

Cathay Pacific Airways's average Accounts Payable for the six months ended in Dec. 2025 was €943 Mil. Cathay Pacific Airways's Cost of Goods Sold for the six months ended in Dec. 2025 was €5,630 Mil. Hence, Cathay Pacific Airways's Days Payable for the six months ended in Dec. 2025 was 30.55.

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

HAM:CTY' s Days Payable Range Over the Past 10 Years
Min: 19.43   Med: 31.9   Max: 65.6
Current: 31.1

During the past 13 years, Cathay Pacific Airways's highest Days Payable was 65.60. The lowest was 19.43. And the median was 31.90.

HAM:CTY's Days Payable is ranked worse than
61% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs HAM:CTY: 31.10

Cathay Pacific Airways's Days Payable increased from Dec. 2024 (30.39) to Dec. 2025 (30.55). It may suggest that Cathay Pacific Airways delayed paying its suppliers.


Cathay Pacific Airways Days Payable Historical Data

* Premium members only.

The historical data trend for Cathay Pacific Airways'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.

Cathay Pacific Airways Days Payable Chart

Cathay Pacific Airways 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 56.64 62.85 32.04 31.50 33.93

Cathay Pacific Airways 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 30.14 32.69 30.39 32.29 30.55

HAM:CTY vs DAL, UAL, LUV: Days Payable Comparison

For the Airlines subindustry, Cathay Pacific Airways'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.


Cathay Pacific Airways Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Cathay Pacific Airways's Days Payable distribution charts can be found below:

* The bar in red indicates where Cathay Pacific Airways's Days Payable falls into.


HAM:CTY
80GF Score
Cathay Pacific Airways Ltd HAM:CTY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cathay Pacific Airways 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.

Cathay Pacific Airways'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
=( (918.954 + 1045.878) / 2 ) / 10566.999*365
=982.416 / 10566.999*365
=33.93

Cathay Pacific Airways'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
=( (839.207 + 1045.878) / 2 ) / 5630.113*365 / 2
=942.5425 / 5630.113*365 / 2
=30.55

* 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 30.55 mean?
Cathay Pacific Airways (HAM:CTY) has a Days Payable of 30.55 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 Cathay Pacific Airways and its competitors. This is near median its historical median of 31.90. Over the past decade, Cathay Pacific Airways' Days Payable has ranged from 19.43 to 65.60. According to the industry distribution chart, Cathay Pacific Airways ranks #588 out of 964 companies in the Transportation industry, placing it in the top 61%.
Is Cathay Pacific Airways' Days Payable too high?
Cathay Pacific Airways' current Days Payable of 30.55 is near median its 10-year median of 31.90. Over the past 10 years, this metric has ranged from a low of 19.43 to a high of 65.60. The Transportation industry median Days Payable is 38.99. Cathay Pacific Airways' value of 30.55 is 21.6% below this industry median. Based on the distribution chart, Cathay Pacific Airways ranks #588 out of 964 companies in the Transportation industry, which is below the industry midpoint. Overall, Cathay Pacific Airways has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Cathay Pacific Airways' Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, Cathay Pacific Airways ranks #588 out of 964 companies for Days Payable. This places Cathay Pacific Airways in the lower half of its industry. The industry median Days Payable is 38.99. Cathay Pacific Airways' value of 30.55 is 21.6% below this benchmark. Historically, Cathay Pacific Airways' own Days Payable has ranged from 19.43 to 65.60 over the past decade. While the company's 10-year median is 31.90 vs. the industry median of 38.99, Cathay Pacific Airways 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 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. Cathay Pacific Airways's current Days Payable of 30.55 is 21.6% 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 Cathay Pacific Airways 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. Cathay Pacific Airways's current Days Payable is 30.55, which is near median its own 10-year median of 31.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Pacific Airways stock overvalued right now?
Cathay Pacific Airways (HAM:CTY) has a current Days Payable of 30.55. The stock's GF Value™ is €1.39, compared to a current price of €1.38 — trading 1% below its estimated fair value. The current Days Payable is 30.55, which is near median its 10-year median of 31.90 and 21.6% below the Transportation industry median of 38.99. Cathay Pacific Airways' overall GF Score™ is 80/100 with 4 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 Cathay Pacific Airways (HAM:CTY), the current Days Payable is 30.55 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 Cathay Pacific Airways (HAM:CTY) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Pacific Airways stock appears to be undervalued. The current stock price of €1.38 is trading 1% below its estimated GF Value™ of €1.39.

Key valuation signals for HAM:CTY:

  • Days Payable: 30.55 (near median its 10-year median of 31.90)
  • GF Value™: €1.39 vs. price of €1.38 (1% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 21.6% below the Transportation median (#588 of 964)

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


Cathay Pacific Airways Business Description

Address 88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Cathay Pacific is Hong Kong's largest airline group, operating a fleet of 237 aircraft as of December 2025 and serving over 100 destinations globally. As of March 2026, its largest shareholders remain Swire Pacific and Air China, with stakes of 45% and 29%, respectively. The group operates the full-service carrier Cathay Pacific, low-cost carrier HK Express, and cargo operator Air Hong Kong.
80GF Score

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

€1.38
Price
€1.39
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